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
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%