Coreweave, Inc. (CRWV)
NASDAQ:CRWV
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Earnings Data
Report Date
Aug 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.05Last Year’s EPS
-0.27Same Quarter Last Year
Moderate Buy
Based on 24 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive growth narrative: exceptional revenue acceleration (+112% YoY), a near-$100B backlog, meaningful customer wins and platform/product expansion, plus major financing achievements that lower blended capital costs. These positives are tempered by expected and disclosed near-term pains: sizeable GAAP losses and interest expense driven by heavy debt-funded CapEx, temporary margin pressure from deployment timing and increased component costs. Management characterizes margin weakness as timing-related and reaffirms guidance and multi-year targets, reflecting confidence in sequential margin recovery and long-term profitability.Company Guidance
Revenue Growth
Quarterly revenue of $2.1 billion, up 32% sequentially and 112% year-over-year, demonstrating strong top-line acceleration.
Record Backlog and Customer Commitments
Revenue backlog at $99.4 billion (nearly $100B), up ~50% sequentially and ~4x year-over-year; signed more than $40 billion of new commitments in the quarter.
Scale of Active and Contracted Power
Surpassed 1 gigawatt of active power (milestone) and increased contracted power to >3.5 gigawatts, adding +400 megawatts in the quarter.
Customer Wins and Diversification
Added Anthropic and expanded orders with Meta (including a reported $21B agreement); 10 customers committed to spending at least $1B; non-investment-grade AI-native and lab commitments now <30% of backlog.
Product and Platform Expansion
Broadened platform capabilities (training, inference, agentic workloads); introduced Trust Center, Flex Reservation and Spot pricing (both oversubscribed), Cross-cloud offerings and CoreWeave Omni; >90% of reserved customers use ≥2 products and >75% use ≥3 products.
Strong Financial Operations and Financing Milestones
Secured >$20 billion of debt and equity year-to-date, including an $8.5B Delayed Draw Term Loan (DDTL 4.0) priced at <6% with A- equivalent rating; weighted average cost of debt reduced ~600 bps (2023–2025) and ~80 bps YTD; raised $2B equity with NVIDIA; cash and equivalents >$3.3B.
Profitability Metrics (non-GAAP)
Adjusted EBITDA of $1.2 billion (up 91% YoY) with an adjusted EBITDA margin of 56%.
Guidance and Forward Visibility
Reaffirmed full-year revenue guidance of $12B–$13B and adjusted operating income guidance of $900M–$1.1B; Q2 revenue guidance $2.45B–$2.6B and expectation to exit 2026 with low double-digit adjusted operating margins; end-2026 ARR target raised to $18B–$19B and >$30B run-rate by exit-2027 ( >75% already contracted).
CRWV Earnings History
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 07, 2026 | $128.84 | $114.15 | -11.40% |
Feb 26, 2026 | $97.63 | $79.56 | -18.51% |
Nov 10, 2025 | $105.61 | $88.39 | -16.31% |
Aug 12, 2025 | $148.75 | $117.76 | -20.83% |
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. (CRWV) report earnings?
Coreweave, Inc. (CRWV) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).
What is Coreweave, Inc. (CRWV) earnings time?
Coreweave, Inc. (CRWV) earnings time is at Aug 18, 2026, 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 2026 (Q2) is -1.05.
