Core Scientific annual gross margin
2020
2021
2022
2023
2024
2025
Core Scientific Gross Margin Growth & History (CORZ)
Core Scientific's gross margin was 11.88% for fiscal 2025.
View full Core Scientific company overviewCore Scientific annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.88% | −11.83 pp |
| 2024 | 2024-12-31 | 23.71% | −0.87 pp |
| 2023 | 2023-12-31 | 24.57% | +23.26 pp |
| 2022 | 2022-12-31 | 1.31% | −42.56 pp |
| 2021 | 2021-12-31 | 43.87% | +28.30 pp |
| 2020 | 2020-12-31 | 15.57% | — |
Core Scientific quarterly gross margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 42.66% | +36.27 pp |
| Q1 2026 | 2026-03-31 | 26.12% | +15.80 pp |
| Q4 2025 | 2025-12-31 | 26.02% | +21.00 pp |
| Q3 2025 | 2025-09-30 | 4.81% | +4.98 pp |
| Q2 2025 | 2025-06-30 | 6.39% | −21.12 pp |
| Q1 2025 | 2025-03-31 | 10.33% | −32.98 pp |
| Q4 2024 | 2024-12-31 | 5.02% | −22.67 pp |
| Q3 2024 | 2024-09-30 | −0.16% | −13.82 pp |
| Q2 2024 | 2024-06-30 | 27.51% | −1.61 pp |
| Q1 2024 | 2024-03-31 | 43.31% | +16.97 pp |
| Q4 2023 | 2023-12-31 | 27.69% | +66.65 pp |
| Q3 2023 | 2023-09-30 | 13.66% | +30.31 pp |
| Q2 2023 | 2023-06-30 | 29.12% | +21.37 pp |
| Q1 2023 | 2023-03-31 | 26.34% | −10.02 pp |
| Q4 2022 | 2022-12-31 | −38.96% | −85.81 pp |
| Q3 2022 | 2022-09-30 | −16.65% | −68.29 pp |
| Q2 2022 | 2022-06-30 | 7.76% | −24.83 pp |
| Q1 2022 | 2022-03-31 | 36.36% | +9.57 pp |
| Q4 2021 | 2021-12-31 | 46.84% | — |
| Q3 2021 | 2021-09-30 | 51.64% | — |
| Q2 2021 | 2021-06-30 | 32.59% | — |
| Q1 2021 | 2021-03-31 | 26.79% | — |
Core Scientific gross margin trends
Over the last five reported fiscal years, Core Scientific's gross margin decreased from 15.57% to 11.88%, a change of −3.69 percentage points. The latest reported quarter, Q2 2026, shows 42.66%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Core Scientific filings at SEC.gov ↗