CoreWeave deal profit margin
Company: Core Scientific
The claim, verbatim
Core Scientific expects a 75–80% profit margin on the CoreWeave agreements, and modeled an 80% margin for Years 4 through 12.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CEO gave the 75–80% margin expectation. The CFO's illustrative model showed an 80% margin for Years 4 through 12.
Confirmed in the source:
- Core Scientific anticipates a 75–80% profit margin on the CoreWeave agreements
- The financial model shows an 80% margin for Years 4 through 12
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements”