CoreWeave 590 MW data center contract
Company: Core Scientific
The claim, verbatim
Core Scientific is contracted to provide approximately 590 MW of leased power infrastructure to CoreWeave with $10B+ in revenue potential over a 12-year contract term with two 5-year extension options, expecting 80%-85% profit margins and approximately $850M in average annualized colocation GAAP revenue.
Source (primary)
core-scientific 8-K exhibit (q2fy26earningsdeck728am.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “~590MW infrastructure ~$10B+ in revenue potential over the contracts' term 12-year contract with two 5-year options ~$850M average annualized colocation GAAP revenue 80% to 85% anticipated profit margin”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The CoreWeave Contract Summary in the deck states each of these figures for the CoreWeave relationship.
Confirmed in the source:
- The CoreWeave contract covers ~590 MW of infrastructure
- The CoreWeave contract has $10B+ in revenue potential over its term
- The CoreWeave contract is a 12-year contract with two 5-year options
- Core Scientific anticipates 80% to 85% profit margin on the CoreWeave contract
- The CoreWeave contract represents ~$850M average annualized colocation GAAP revenue
- The counterparty is CoreWeave
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000183934126000013/q2fy26earningsdeck728am.htm) in full (12,617 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (q2fy26earningsdeck728am.htm)
Quote: “~590MW infrastructure ~$10B+ in revenue potential over the contracts' term 12-year contract with two 5-year options ~$850M average annualized colocation GAAP revenue 80% to 85% anticipated profit margin”