Core Scientific Expects About $1.8 Billion in Average Annualized Colocation GAAP Revenue
Bitget2026/11/05 12:23- Core Scientific expects approximately $1.8 billion in average annual recurring GAAP revenue from more than $24 billion in contracted capacity.
- Annual net operating income is projected at approximately $1.6 billion, reflecting a 90% blended margin.
- CoreWeave contracts offer more than $10 billion in revenue potential, including approximately $850 million in average annualized colocation GAAP revenue.
- Anticipated CoreWeave profit margins range from 80% to 85%.
- Full delivery of 530 MW leased to AMD and an AMD-backed neocloud is expected by the end of 2028.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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