12-year CoreWeave contract for 590 MW with $10B+ revenue potential
Company: Core Scientific
The claim, verbatim
CoreWeave contract for approximately 590 MW of leased customer power capacity across 5 sites with total revenue potential of $10B+ over contract term and approximately $850M average annualized colocation GAAP revenue
Source (primary)
core-scientific 8-K exhibit (q1fy26earningsdeck.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “~590MW infrastructure ~800MW gross $10B+ in revenue potential over the contracts' term ~$850M average annualized colocation GAAP revenue... 12-year contract with two 5-year options”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The CoreWeave overview and contract summary slides confirm ~590 MW across 5 sites, $10B+ revenue potential, ~$850M average annualized revenue, and a 12-year term with two 5-year options.
Confirmed in the source:
- CoreWeave contract covers ~590 MW of leased customer power capacity across 5 sites
- Total revenue potential is $10B+ over the contract term
- Average annualized colocation GAAP revenue is ~$850M
- The contract is 12 years with two 5-year options
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026031246/q1fy26earningsdeck.htm) in full (14,867 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (q1fy26earningsdeck.htm)
Quote: “~590MW infrastructure ~800MW gross $10B+ in revenue potential over the contracts' term ~$850M average annualized colocation GAAP revenue... 12-year contract with two 5-year options”