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Form 8-K · Current Report · Filed 2026-05-07

CoreWeave Reports Record Q1 2026 Results with Strong Demand for AI Cloud

CoreWeave, Inc. reported record first quarter 2026 results with revenue of $2.1 billion, a significant increase from $982 million in Q1 2025. The company's revenue backlog reached nearly $100 billion, highlighting unprecedented demand for its AI cloud services. CoreWeave secured new agreements with major customers including Meta and Anthropic, and expanded its AI infrastructure to over 1 GW of active power. The company also strengthened its financial position with an $8.5 billion delayed draw term loan facility and a $2 billion investment from NVIDIA.

Filer
CRWV CRWV
Filed
Accession
0001769628-26-000220
CIK
0001769628
Signal
Medium impact

Items reported

Item events

Reported Item

Earnings Beat New Major Contract Strategic Partnership Financial Instrument Agreement General Statement

Market reaction

Close before filing

$137.98

Next session

-17.3%

Since filing

-48.0%

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:

Insider tape

Within 45 days of this filing, CRWV insiders reported 1924 Form 4 transactions — net selling of $4.9B.

Full CRWV insider history →

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