CoreWeave, Inc. (CRWV)

The company now

CoreWeave reported second-quarter 2026 revenue of $2,575 million on 11 August, up from $1,212 million a year earlier, and a net loss of $626 million 1. Revenue backlog, the contracted revenue still to be delivered, was approximately $104 billion at 30 June, before more than $25 billion of net new commitments added early in the third quarter 1.

Chief executive Michael Intrator said near-term capacity is effectively sold out, and that pricing and margins on the newest NVIDIA systems were reaching new highs, as MarketBeat summarised the call 4. The company said it passes higher component costs through to customers 4.

Growth came with heavy borrowing, and interest expense was $640 million in the quarter, against $267 million a year before 1. Future principal payments on its debt totalled $35,551 million at 30 June 2.

CNN reported in October that the interest on some of CoreWeave's bonds had surged to 15 percent, which it called a level that signals distress or a higher risk of default 5. Analyst Gil Luria told CNN the company is a bad apple rather than proof the whole AI economy is at risk 5.

The company's own guidance for that quarter was revenue of $3.45 billion to $3.6 billion 4.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.