Core Scientific (CORZ) Gross Margin (2021 - 2026)
Core Scientific (CORZ) posted Gross Margin of 42.66% for Q2 2026, up 36.27 percentage points from 6.39% a year earlier and up 16.53 percentage points from the prior quarter.
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Analysis
Core Scientific (CORZ) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Core Scientific was 28.35%, up 23.22 percentage points year-over-year; for FY2025, it came in at 11.88%, down 11.83 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -3.69 percentage points (FY2020 to FY2025).
- In prior years, Core Scientific's Gross Margin was 23.71% in FY2024 (-0.87 pp), 24.57% in FY2023 (+23.26 pp), 1.31% in FY2022 (-42.56 pp) and 43.87% in FY2021 (+28.30 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q1 2024.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of -1.57 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2023, with a gain of 66.65 percentage points; the weakest was Q4 2022, with a drop of 85.81 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 26.12% (Q1 2026), 26.02% (Q4 2025) and 4.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 67.20% |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 57.73% |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 71.76% |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 53.14% |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 77.06% |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 65.86% |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 88.50% |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 86.03% |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 55.81% |
| 10 | Core Scientific | 5.28 Bn | 1.74 Bn | 70.04 Mn | 42.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Core Scientific Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CORZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();