jain.com

CoreWeave average annual revenue run rate

Company: Core Scientific

Subject kind
partnership
Statement date
2025-02-26
Promised amount
850.0 USD million
Current status
stated

The claim, verbatim

~$850 million average annual run rate revenue over CoreWeave 12-year contract period

Source (primary)

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

Quote: “~$850 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 transaction summary gives the ~$850 million figure, and a footnote defines it as the estimated average over the 12-year contract periods. The footnote also notes that the Austin, Texas contract runs 7 years.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation

Quote: “~$850 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 2025-02-26.