CoreWeave contracts average annual run-rate revenue
Company: Core Scientific
The claim, verbatim
The CoreWeave contracts carry an estimated average annual run-rate revenue of $725 million over the 12-year contract periods.
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “$725 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 lists $725 million average annual run-rate revenue, and its footnote defines this as the estimated average over the 12-year contract periods.
Confirmed in the source:
- The CoreWeave contracts carry $725 million average annual run-rate revenue
- The $725 million figure is the estimated average annual revenue over the 12-year contract periods
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “$725 million avg. annual run rate revenue”