Core Scientific (CORZ) Gross Margin (2021 - 2026)
Core Scientific (CORZ) posted Gross Margin of 26.12% for Q1 2026, little changed sequentially from 26.02% in Q4 2025, and up 1580.0% YoY from 1.55% in Q1 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.
- Quarterly Gross Margin rose 1580.0% year-over-year to 26.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.85% (up 429.0% YoY) and the FY2025 annual result came in at 11.88%, down 1183.0% from the prior year.
- Gross Margin was little changed at 26.12% in Q1 2026 per CORZ's latest filing, from 26.02% in the prior quarter.
- The five-year high for Gross Margin was 43.31% in Q1 2024, with the low at 38.96% in Q4 2022.
- Average Gross Margin over 5 years is 13.8%, with a median of 13.66% recorded in 2023.
- Year-over-year, Gross Margin sank 8581 bps in 2022 and surged 6665 bps in 2023.
- Core Scientific's Gross Margin stood at 38.96% in 2022, then surged by 171 bps to 27.69% in 2023, then slumped by 82 bps to 5.02% in 2024, then surged by 419 bps to 26.02% in 2025, then gained 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | Core Scientific | 7.66 Bn | 6.59 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% |