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

Core Scientific's (CORZ) quarterly Gross Margin came in at 26.12% in Q1 2026, up 1580.0% year-on-year from 1.55% in Q1 2025, and little changed quarter-over-quarter from 26.02% in Q4 2025.

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

Core Scientific has disclosed Gross Margin across 6 years of filings, most recently posting 26.12% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 26.12%, up 1580.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.85% (up 429.0% YoY), and the FY2025 annual result was 11.88%, down 1183.0% from the prior year.
  • Gross Margin came in at 26.12% for Q1 2026 at Core Scientific, roughly flat 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.
  • The 5-year median for Gross Margin is 13.66% (2023), against an average of 13.8%.
  • Across the five-year window, Gross Margin tumbled 8581 bps in 2022 and jumped 6665 bps in 2023, its largest moves.
  • Core Scientific's Gross Margin stood at 38.96% in 2022, then surged by 171 bps to 27.69% in 2023, then sank by 82 bps to 5.02% in 2024, then surged by 419 bps to 26.02% in 2025, then grew by 0 bps to 26.12% in 2026.
  • The last three Gross Margin figures came in at 26.12% (Q1 2026), 26.02% (Q4 2025), and 4.81% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 67.63%
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 61.73%
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 88.06%
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 86.78%
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 73.59%
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 76.12%
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 80.29%
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 73.54%
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 71.21%
10 Core Scientific 8.91 Bn 7.84 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%