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| Date | Value |
|---|---|
| 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% |