CoreWeave contracts average annual revenue run rate
Company: Core Scientific
The claim, verbatim
CoreWeave contracts are projected to generate an average annual revenue run rate of $725 million
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “$725 million avg. annual run rate revenue”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CoreWeave transaction summary gives $725 million in average annual run rate revenue, which a footnote describes as the estimated average annual revenue over the 12-year contract periods.
Confirmed in the source:
- The CoreWeave contracts carry an average annual run rate revenue of $725 million
- The $725 million is an estimated average annual revenue over the 12-year contract periods
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “$725 million avg. annual run rate revenue”
confirms December 2024 Convertible Note Presentation
Quote: “$725 million avg. annual run rate revenue”