Core Scientific (CORZZ) Tax Rate (2021 - 2026)
Core Scientific recorded quarterly Tax Rate of 0.17% in Q1 2026, down 550.63% quarter-over-quarter from 0.04% in Q4 2025, and down 21.0% year-over-year from 0.22% in Q1 2025.
Core Scientific's Tax Rate history runs 6 years deep, the most recent figure standing at 0.17% for Q1 2026.
- In Q1 2026, Tax Rate fell 21.0% year-over-year to 0.17%; the TTM figure through Mar 2026 stood at 0.08% (down 1.0% YoY), while the FY2025 annual figure was 0.2%, down 14.0% from the prior year.
- Tax Rate came in at 0.17% for Q1 2026 at Core Scientific, down from 0.04% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 5.67% in Q2 2022 to a low of 35.21% in Q1 2023.
- A 5-year average of 2.3% and a median of 0.07% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 2521 bps in 2023 and soared 3531 bps in 2024, its largest moves.
- Core Scientific's Tax Rate stood at 4.71% in 2022, then plunged by 104 bps to 0.17% in 2023, then rose by 25 bps to 0.13% in 2024, then surged by 130 bps to 0.04% in 2025, then plunged by 551 bps to 0.17% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.17%, 0.04%, and 0.07% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 19.22 |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 15.74 |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 1.37 |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 21.31 |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | -6.22 |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 18.58 |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -7.01 |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 18.14 |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -12.80 |
| 10 | Core Scientific | - | - | 30.11 Mn | -0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.17 |
| Mar 31, 2026 | -0.17 |
| Dec 31, 2025 | 0.04 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | -0.07 |
| Sep 30, 2025 | -0.07 |
| Jun 30, 2025 | -0.02 |
| Jun 30, 2025 | -0.02 |
| Mar 31, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | -0.13 |
| Dec 31, 2024 | -0.13 |
| Sep 30, 2024 | -0.02 |
| Sep 30, 2024 | -0.02 |
| Jun 30, 2024 | -0.01 |
| Jun 30, 2024 | -0.01 |
| Mar 31, 2024 | 0.10 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | -0.17 |
| Dec 31, 2023 | -0.17 |
| Sep 30, 2023 | -0.28 |
| Sep 30, 2023 | -0.28 |
| Jun 30, 2023 | -1.10 |
| Jun 30, 2023 | -1.10 |
| Mar 31, 2023 | -35.21 |
| Mar 31, 2023 | -35.21 |
| Dec 31, 2022 | 4.71 |
| Dec 31, 2022 | 4.71 |
| Sep 30, 2022 | -2.51 |
| Sep 30, 2022 | -2.51 |
| Jun 30, 2022 | 5.67 |
| Jun 30, 2022 | 5.67 |
| Mar 31, 2022 | -10.01 |
| Mar 31, 2022 | -10.01 |
| Dec 31, 2021 | 21.44 |
| Dec 31, 2021 | 21.44 |
| Sep 30, 2021 | 4.67 |
| Sep 30, 2021 | 4.67 |
| Jun 30, 2021 | -3.58 |
| Jun 30, 2021 | -3.58 |