CoreWeave contracts >$10B revenue over 12 years
Company: Core Scientific
The claim, verbatim
12-year colocation contracts with CoreWeave covering ~590 MW provide over $10 billion in potential revenue, ~$850 million average annual run-rate revenue.
Source (primary)
First Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “12-year contracts with CoreWeave provide >$10 Billion in recurring revenue”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CoreWeave transaction summary lists ~590 MW, over $10 billion in revenue potential, ~$850 million average annual run-rate revenue, and 12-year contracts.
Confirmed in the source:
- CoreWeave colocation contracts are 12-year contracts
- The contracts cover ~590 MW
- The contracts carry over $10 billion in revenue potential
- Average annual run-rate revenue is ~$850 million
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11247/pdf/First+Quarter+Fiscal+Year+2025+Earnings+Presentation.pdf) in full (28,649 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2025 Earnings Presentation
Quote: “12-year contracts with CoreWeave provide >$10 Billion in recurring revenue”