jain.com

485 MW billing equals over $700M annualized colocation revenue

Company: Core Scientific

Subject kind
facility capacity
Statement date
2026-11-05
Promised amount
700000000.0 USD
Current status
stated

The claim, verbatim

The 485 MW under billing represented more than $700 million of average annualized GAAP colocation revenue, a run-rate measure rather than revenue recognized in the quarter.

Source (primary)

Core Scientific Q3 2026 Earnings: Colocation Scale Drives Margin Expansion - TradingKey (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “The 485 MW under billing represented more than $700 million of average annualized GAAP colocation revenue”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific Q3 2026 Earnings: Colocation Scale Drives Margin Expansion - TradingKey

Quote: “The 485 MW under billing represented more than $700 million of average annualized GAAP colocation revenue”

View cached copy (2026-11-06)Live source ↗Archive.org ↗