CoreWeave contracts structured as take-or-pay
Company: Core Scientific
The claim, verbatim
CoreWeave contracts are take-or-pay with customer committed to paying for contracted capacity regardless of utilization
Source (primary)
First Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Take-or-pay Customer is committed to paying for contracted capacity, regardless of utilization”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CoreWeave contract detail slide lists the contract type as take-or-pay, with the customer committed to pay regardless of utilization.
Confirmed in the source:
- The CoreWeave contracts are take-or-pay
- The customer is committed to paying for contracted capacity regardless of utilization
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11247/pdf/First+Quarter+Fiscal+Year+2025+Earnings+Presentation.pdf) in full (28,649 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2025 Earnings Presentation
Quote: “Take-or-pay Customer is committed to paying for contracted capacity, regardless of utilization”