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CoreWeave, Inc. Class A (CRWV)
NASDAQ:CRWV
US Market
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CoreWeave, Inc. Class A (CRWV) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 14, 2025
After Close (Confirmed)
Period Ending
2025 (Q1)
Consensus EPS Forecast
-0.12
Last Year’s EPS
Same Quarter Last Year
Based on 20 Analysts Ratings

Earnings Call Summary

Q1 2025
Earnings Call Date:May 14, 2025|
% Change Since: 86.54%|
Earnings Call Sentiment|Positive
CoreWeave's earnings call presented a strong financial performance with significant revenue growth, strategic partnerships, and successful acquisitions. However, challenges such as increased net loss and higher interest expenses were noted. The momentum in customer demand and strategic investments in infrastructure suggest a positive long-term outlook.
Company Guidance -
Q1 2025
In the first quarter of 2025, CoreWeave reported exceptional financial performance, with record revenue reaching $982 million, marking a 420% increase year-over-year, and a record adjusted operating income of $163 million, up 550% from the previous year. These achievements were highlighted by a strategic deal with OpenAI valued up to $11.9 billion, and a $4 billion expansion agreement with a large AI enterprise. The company's revenue backlog was reported at $25.9 billion, an increase of 63% year-over-year. CoreWeave's guidance for Q2 anticipates revenue between $1.06 billion to $1.1 billion, with adjusted operating income expected to range from $140 million to $170 million. For the full year 2025, the company projects revenue between $4.9 billion to $5.1 billion and adjusted operating income in the range of $800 million to $830 million. Notably, the company has already raised over $21 billion to expand its infrastructure, with CapEx for the first quarter totaling $19 billion, and expectations for 2025 ranging from $20 billion to $23 billion due to increased platform investments.
Record Revenue and Adjusted Operating Income
CoreWeave reported record revenue of $982 million and a record adjusted operating income of $163 million, reflecting a year-on-year growth of 420% and 550% respectively.
Strategic Deal with OpenAI
CoreWeave completed a strategic deal with OpenAI with a contract value up to $11.9 billion.
Acquisition of Weights & Biases
CoreWeave announced and completed the acquisition of Weights & Biases, adding over 1,400 customers and enhancing its AI developer platform.
Expansion in Data Center Capacity
In Q1, CoreWeave added approximately 300 megawatts of incremental contracted power to its portfolio, expanding its data center capacity.
Strong Revenue Backlog Growth
The revenue backlog increased to $25.9 billion, up 63% year-over-year, not including a $4 billion expansion deal signed in Q2.

CoreWeave, Inc. Class A (CRWV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CRWV Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 14, 2025
2025 (Q1)
-0.12 / -0.83
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CRWV Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 14, 2025
$67.46$65.77-2.51%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CoreWeave, Inc. Class A (CRWV) report earnings?
CoreWeave, Inc. Class A (CRWV) is schdueled to report earning on May 14, 2025, After Close (Confirmed).
    What is CoreWeave, Inc. Class A (CRWV) earnings time?
    CoreWeave, Inc. Class A (CRWV) earnings time is at May 14, 2025, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CRWV EPS forecast?
          CRWV EPS forecast for the fiscal quarter 2025 (Q1) is -0.12.
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