Core Scientific (CORZR) Gross Margin (2021 - 2026)
Core Scientific recorded quarterly Gross Margin of 26.12% in Q1 2026, little changed quarter-over-quarter from 26.02% in Q4 2025, and up 1580.0% year-over-year from 1.55% in Q1 2025.
Core Scientific's Gross Margin history runs 6 years deep, the most recent figure standing at 26.12% for Q1 2026.
- In Q1 2026, Gross Margin rose 1580.0% year-over-year to 26.12%; the TTM figure through Mar 2026 stood at 16.85% (up 429.0% YoY), while the FY2025 annual figure 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.
- 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 slumped 8581 bps in 2022 and surged 6665 bps in 2023, its largest moves.
- Core Scientific's Gross Margin stood at 38.96% in 2022, then soared by 171 bps to 27.69% in 2023, then plunged by 82 bps to 5.02% in 2024, then soared by 419 bps to 26.02% in 2025, then increased by 0 bps to 26.12% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 26.12%, 26.02%, and 4.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 88.06% |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 73.54% |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 96.68% |
| 10 | Core Scientific | - | - | 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% |
| Mar 31, 2021 | 26.79% |