jain.com

CoreWeave contracts ~$850M avg annual revenue

Company: Core Scientific

Subject kind
guidance
Statement date
2025-05-07
Promised amount
850000000.0 USD
Current status
stated

The claim, verbatim

CoreWeave contracts expected to generate approximately $850 million in 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: “~$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 transaction summary states ~$850 million average annual run-rate revenue, estimated over the contract periods.

Confirmed in the source:

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

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