Core Scientific (CORZ) Gross Margin (2021 - 2026)

Core Scientific (CORZ) reported Gross Margin of 26.12% for Q1 2026, up 1580.0% on a YoY basis from 1.55% in Q1 2025, and little changed sequentially from 26.02% in Q4 2025.

Core Scientific (CORZ) Gross Margin (2021 - 2026) Analysis & Trends

Core Scientific (CORZ) has 6 years of Gross Margin data on file, last reported at 26.12% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 1580.0% year-over-year to 26.12%; the trailing twelve-month figure through Mar 2026 stood at 16.85% (up 429.0% YoY), and the FY2025 full-year result was 11.88%, down 1183.0% from the prior year.
  • Gross Margin steadied at 26.12% in Q1 2026, from 26.02% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 43.31% in Q1 2024 to a low of 38.96% in Q4 2022.
  • A 5-year average of 13.8% and a median of 13.66% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin sank 8581 bps in 2022 and jumped 6665 bps in 2023, its largest moves.
  • Tracing CORZ's Gross Margin over 5 years: stood at 38.96% in 2022, then jumped by 171 bps to 27.69% in 2023, then slumped by 82 bps to 5.02% in 2024, then jumped by 419 bps to 26.02% in 2025, then climbed by 0 bps to 26.12% in 2026.
  • Business Quant data shows CORZ's Gross Margin at 26.12% in Q1 2026, 26.02% in Q4 2025, and 4.81% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,672.75 Bn 2,672.75 Bn 358.92 Mn 37.74%
3 Repay Holdings 344.36 Bn 344.21 Bn - -
4 Oracle 339.20 Bn 307.30 Bn - -
5 Palantir Technologies 296.91 Bn 288.89 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 225.55 Bn 221.01 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 185.68 Bn 182.58 Bn 993.68 Mn 76.12%
8 Fortinet 109.83 Bn 106.54 Bn 1.49 Bn 80.29%
9 Cloudflare 95.19 Bn 94.25 Bn 455.60 Mn 71.21%
10 Core Scientific 6.73 Bn 5.66 Bn 30.11 Mn 26.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.12%
Dec 31, 2025 26.02%
Sep 30, 2025 4.81%
Jun 30, 2025 6.39%
Mar 31, 2025 10.33%
Dec 31, 2024 5.02%
Sep 30, 2024 -0.16%
Jun 30, 2024 27.51%
Mar 31, 2024 43.31%
Dec 31, 2023 27.69%
Sep 30, 2023 13.66%
Jun 30, 2023 29.12%
Mar 31, 2023 26.34%
Dec 31, 2022 -38.96%
Sep 30, 2022 -16.65%
Jun 30, 2022 7.76%
Mar 31, 2022 36.36%
Dec 31, 2021 46.84%
Sep 30, 2021 51.64%
Jun 30, 2021 32.59%