CoreWeave contract ~$850M annualized revenue
Company: Core Scientific
The claim, verbatim
CoreWeave ~590 MW, 12-year contracts with two 5-year options, $10B+ revenue potential and ~$850M average annualized colocation GAAP revenue, with 80%-85% anticipated profit margin.
Source (primary)
Second Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “$10B+ in revenue potential over the contracts’ term ~$850M average annualized colocation GAAP revenue 1 80% to 85% anticipated profit margin”
How we checked this
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Additional evidence
confirms Second Quarter Fiscal Year 2026 Earnings Presentation
Quote: “$10B+ in revenue potential over the contracts’ term ~$850M average annualized colocation GAAP revenue 1 80% to 85% anticipated profit margin”