jain.com

~$850M average annual CoreWeave run-rate revenue

Company: Core Scientific

Subject kind
guidance
Statement date
2025-05-06
Promised amount
850000000.0 USD
Current status
stated

The claim, verbatim

Core Scientific estimates average annual run-rate revenue of about $850 million from the CoreWeave contracts over the 12-year terms.

Source (primary)

core-scientific 8-K exhibit (exhibit992-q12025earning.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗

Quote: “~$850 Million avg. annual run rate revenue”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The CoreWeave transaction summary gives about $850 million average annual run-rate revenue, footnoted as the average over the 12-year contract periods (the Austin contract is 7 years).

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828025023161/exhibit992-q12025earning.htm) in full (28,145 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms core-scientific 8-K exhibit (exhibit992-q12025earning.htm)

Quote: “~$850 Million avg. annual run rate revenue”

View cached copy (2026-10-16)Live source ↗