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Form 8-K · Current Report · Filed 2025-05-14

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

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.

Filer
CRWV CRWV
Filed
Accession
0001769628-25-000010
CIK
0001769628
Signal
Low impact

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$63.26

Next session

+4.0%

Since filing

+13.5%

Latest close

$71.77

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CRWV reporting the same item, with the next session's move:

Exhibits (1)

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