CoreWeave 12-Year Colocation Contract
Company: Core Scientific
The claim, verbatim
12-year contract with CoreWeave for approximately 590 MW of leased customer power capacity with $10 billion in total revenue potential, approximately $850 million average annualized GAAP revenue, and 80-85% anticipated profit margins
Source (primary)
First Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annualized colocation GAAP revenue ... 80% to 85% anticipated profit margin”
How we checked this
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Additional evidence
confirms First Quarter Fiscal Year 2026 Earnings Presentation
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annualized colocation GAAP revenue ... 80% to 85% anticipated profit margin”