CoreWeave average annual revenue run rate
Company: Core Scientific
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:
- The CoreWeave contracts carry about $850 million in average annual run-rate revenue
- This figure is the estimated average annual revenue over the 12-year contract periods
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”