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CoreWeave Beats Quarterly Revenue Estimates on Sturdy AI Demand
CoreWeave's revenue more than tripled year-over-year to $1.21 billion but posted a $290.5 million net loss due to high stock-based compensation costs, shrinking its operating margin to 2%.
- CoreWeave reported second-quarter 2025 revenue of $1.21 billion and a net loss of $290.5 million as an AI infrastructure provider on August 12, 2025.
- This performance followed rapid revenue growth driven by expanding demand for GPU-based AI cloud services and included acquisitions such as Weights and Biases.
- CoreWeave's contracted backlog reached $30.1 billion, up $4 billion from Q1, supported by large deals with OpenAI and diversified enterprise customers.
- Executives announced a raised 2025 revenue guidance to $5.15 billion–$5.35 billion and highlighted $6.4 billion raised during the quarter to fund expansion, while CEO Mike Intrator spoke at Nasdaq earlier in March.
- These results underscore strong AI-related demand outpacing supply but also reflect increasing operating expenses and debt, signaling ongoing investment in scaling the cloud platform.
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CoreWeave Beats Quarterly Revenue Estimates on Sturdy AI ...
Channel News Asia
CoreWeave beats quarterly revenue estimates on sturdy AI demand
CoreWeave topped Wall Street estimates for second-quarter revenue on Tuesday, driven by accelerating demand for the Nvidia-backed AI cloud computing firm's services.The company offers access to data centers and Nvidia chips, which are highly coveted for by enterprises to train and run large AI models amid int
CoreWeave (CRWV) Down 6% After Earnings But Conference Call Will Prove Pivotal
Live Updates Live Coverage Has Ended Guidance is In 5:27 pm Here’s what the company said: “Now turning to guidance for Q3 and for full year 2025. As Mike mentioned, we are seeing an acceleration of customer demand, and our pipeline remains robust and increasingly diversified. We are still operating in a structurally supply-constrained environment where demand far outstrips supply for our products and services. Our operations and engineering t…
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