HPC segment current revenue run rate
Company: Core Scientific
The claim, verbatim
~$25 million annual revenue run rate from HPC segment excluding power pass-through
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: “~$25 Million annual revenue run rate”
How we checked this
Checked on October 12, 2026. The cited source supports part of this claim, but not all of it.
The presentation does give a ~$25 million annual revenue run rate excluding power pass-through. However, the slide layout links it to the Austin and Alabama HPC data centers, not to the HPC segment as a whole, so the 'HPC segment' framing is not established.
Confirmed in the source:
- The document cites an annual revenue run rate of approximately $25 million.
- The document's footnote says this ~$25 million figure does not include power pass-through.
We could not confirm this from the cited source:
- The document does not say the ~$25 million run rate covers the whole HPC segment. On the slide, the figure appears alongside the 18 MW Austin and 11 MW Alabama HPC data centers, separate from the ~570 MW CoreWeave contracts, which are tied to ~$10 billion in potential revenue.
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “~$25 Million annual revenue run rate”