CoreWeave Reports Strong First Quarter 2025 Results with 420% Revenue Growth

Summary

CoreWeave, Inc. reported a robust first quarter in 2025, showcasing a 420% increase in revenue to $981.6 million. Despite a net loss of $314.6 million, the company's Adjusted EBITDA stood at $606.1 million, reflecting a 480% growth. The company has secured significant strategic partnerships, including a $11.2 billion deal with OpenAI, and continued to expand its AI infrastructure. CoreWeave's strong financial performance underscores its growth potential and leadership in the AI cloud infrastructure market.