CoreWeave agreement - profit margin target
Company: Core Scientific
The claim, verbatim
Expecting 75-80% profit margin on CoreWeave 200 MW hosting agreement, with modeling achieving outer end at 80%
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements, and that's over a 12-year term”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CEO gives the 75-80% expected margin, and the CFO says the model comes in at the outer end of that range at 80%.
Confirmed in the source:
- Core Scientific anticipates a 75% to 80% profit margin on the CoreWeave 200 MW agreements
- The CFO said the modeled margin lands at the outer end of that range, at 80%
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements, and that's over a 12-year term”