Core Scientific (CORZW) Gross Margin (2021 - 2026)
Core Scientific (CORZW) posted Gross Margin of 42.66% for Q2 2026, up 63.29% sequentially from 26.12% in Q1 2026, and up 3627.0% YoY from 1.14% in Q2 2025.
Core Scientific (CORZW) Gross Margin (2021 - 2026) Analysis & Trends
Core Scientific has reported Gross Margin for 6 years, with the latest figure at 42.66% in Q2 2026.
- Quarterly Gross Margin rose 3627.0% year-over-year to 42.66% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 28.35% (up 2322.0% YoY) and the FY2025 annual result came in at 11.88%, down 1183.0% from the prior year.
- Gross Margin rose to 42.66% in Q2 2026 per CORZW's latest filing, from 26.12% in the prior quarter.
- Over five years, Gross Margin peaked at 43.31% in Q1 2024 and troughed at 38.96% in Q4 2022.
- A 5-year average of 15.41% and a median of 19.84% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 8581 bps in 2022, then soared 6665 bps in 2023.
- Over 5 years, Gross Margin stood at 38.96% in 2022, then jumped by 171 bps to 27.69% in 2023, then sank by 82 bps to 5.02% in 2024, then jumped by 419 bps to 26.02% in 2025, then soared by 64 bps to 42.66% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 42.66%, 26.12%, and 26.02% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 67.20% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 84.66% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 47.84% |
| 10 | Core Scientific | 4.31 Bn | 2.37 Bn | 70.04 Mn | 42.66% |
Historic Data
Download 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% |