CoreWeave average annual revenue run rate

Subject kind: guidance
Statement date: 2024-11-06
Promised amount: 725.0 USD
Current status: stated

The claim, verbatim

Average annual revenue run rate from CoreWeave HPC hosting contracts is $725 million

Source (primary)

Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗

Quote: “$725 million avg. annual run rate revenue”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The CoreWeave transaction summary lists $725 million average annual run-rate revenue. A footnote describes this as an estimated average over the 12-year contract periods.

Confirmed in the source:

The average annual run-rate revenue from the CoreWeave HPC hosting contracts is $725 million

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Third Quarter Fiscal Year 2024 Earnings Presentation

Quote: “$725 million avg. annual run rate revenue”

View cached copy (2026-09-26)Live source ↗

Record of changes

September 26, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-09-26 was the source's retrieval date; source published 2024-11-06.