Core Scientific (CORZZ) Gross Margin (2021 - 2026)

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