Core Scientific CORZ
NASDAQ CORZ
$18.73 +0.84 (+4.67%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Core Scientific's (CORZ) quarterly Gross Margin came in at 42.66% in Q2 2026, up 3627.0% year-over-year from 1.14% in Q2 2025, and up 63.29% quarter-over-quarter from 26.12% in Q1 2026.

Analysis

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

Core Scientific has disclosed Gross Margin across 6 years of filings, most recently posting 42.66% for Q2 2026.

  • In Q2 2026, Gross Margin rose 3627.0% year-over-year to 42.66%; the TTM figure through Jun 2026 stood at 28.35% (up 2322.0% YoY), while the FY2025 annual figure was 11.88%, down 1183.0% from the prior year.
  • Gross Margin came in at 42.66% for Q2 2026 at Core Scientific, up from 26.12% 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.
  • Average Gross Margin over 5 years is 15.41%, with a median of 19.84% recorded in 2025.
  • Year-over-year, Gross Margin slumped 8581 bps in 2022 and surged 6665 bps in 2023.
  • Over 5 years, Gross Margin stood at 38.96% in 2022, then surged by 171 bps to 27.69% in 2023, then tumbled by 82 bps to 5.02% in 2024, then surged by 419 bps to 26.02% in 2025, then jumped by 64 bps to 42.66% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 42.66% in Q2 2026, 26.12% in Q1 2026, and 26.02% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 102.58 Bn 100.36 Bn 1.40 Bn 53.14%
2 Terawulf 8.64 Bn 5.88 Bn 32.37 Mn 72.30%
3 Applied Digital 7.77 Bn 3.80 Bn 97.29 Mn 37.60%
4 Cipher Digital 7.57 Bn 3.55 Bn 9.79 Mn 39.42%
5 GDS Holdings 6.07 Bn 3.88 Bn 97.89 Mn 21.51%
6 Core Scientific 6.06 Bn 4.12 Bn 70.04 Mn 42.66%
7 Vnet 1.82 Bn 832.46 Mn 74.45 Mn 18.18%
8 Sify Technologies 1.57 Bn 1.57 Bn 51.65 Mn 39.59%
9 WhiteFiber 790.27 Mn 729.90 Mn 18.88 Mn 65.45%
10 Vulcan Infrastructure & Power 422.40 Mn 419.20 Mn -1.25 Mn -36.81%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.66%
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%