Carbon and nitrogen are considered as candidate light elements present in planetary cores. However, there is limited understanding regarding the structure and physical properties of Fe-C-N alloys under extreme conditions. Here diamond anvil cell experiments were conducted, revealing the stability of hexagonal-structured Fe₇(N_0.75C_0.25)₃ up to 120 GPa and 2100 K, without undergoing any structural transformation or dissociation. Notably, the thermal expansion coefficient and Grüneisen parameter of the alloy exhibit a collapse at 55–70 GPa. First-principles calculations suggest that such anomaly is associated with the spin transition of iron within Fe₇(N_0.75C_0.25)₃. Our modeling indicates that the presence of ∼1.0 wt% carbon and nitrogen in liquid iron contributes to 9–12% of the density deficit of the Earth's outer core. The thermoelastic anomaly of the Fe-C-N alloy across the spin transition is likely to affect the density and seismic velocity profiles of (C,N)-rich planetary cores, thereby influencing the dynamics of such cores.