CoreWeave revenue concentration
Company: Core Scientific
The claim, verbatim
CoreWeave accounted for about 77% of Core Scientific's total revenue in the first half of 2026 and all of its colocation revenue, per the Q2 10-Q.
Source (primary)
Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “CoreWeave accounted for about 77% of Core Scientific's total revenue in the first half of 2026 and all of its colocation revenue”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article states both figures and attributes them to Core Scientific's second-quarter 10-Q.
Confirmed in the source:
- CoreWeave accounted for about 77% of Core Scientific's total revenue in the first half of 2026
- CoreWeave accounted for all of Core Scientific's colocation revenue in that period
- These figures come from Core Scientific's second-quarter 10-Q
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-reiterates-35-core-scientific-150224709.html) in full (10,075 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance
Quote: “CoreWeave accounted for about 77% of Core Scientific's total revenue in the first half of 2026 and all of its colocation revenue”