Form 8-K · Current Report · Filed 2026-08-11
CoreWeave Reports Record Second Quarter 2026 Revenue and Strong Customer Demand
CoreWeave, Inc. reported its financial results for the second quarter of 2026, announcing record revenue of $2.575 billion, a significant increase from $1.212 billion in the same period last year. Despite the revenue growth, the company reported a net loss of $626 million due to high operating expenses. The company's revenue backlog stood at approximately $104 billion, reflecting strong customer demand. CoreWeave also expanded its active power capacity by nearly 500 MW to reach 1.5 GW and grew its total contracted power to approximately 3.7 GW. The company added several new enterprise and AI native customers, further solidifying its position in the AI infrastructure market.
- Filer
- CoreWeave, Inc. CRWV · NASDAQ
- Filed
- Accession
- 0001769628-26-000362
- CIK
- 0001769628
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
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Close before filing
$88.19
Since filing
+0.0%
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$88.19
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Within 45 days of this filing, CRWV insiders reported 564 Form 4 transactions — net selling of $316.2M.
About CoreWeave, Inc.
CoreWeave, Inc. is an American artificial intelligence cloud computing company that provides high-performance infrastructure tailored to modern AI and accelerated computing workloads. Headquartered in Livingston, New Jersey, CoreWeave focuses on delivering large-scale GPU-based compute resources for applications such as generative AI, machine learning, visual effects rendering, and other data- and compute-intensive tasks. Its platform combines specialized hardware, networking, and storage with orchestration and chip management software to help enterprises and AI developers deploy, scale, and optimize complex models efficiently. CoreWeave positions itself as a purpose-built cloud for AI, offering flexible, high-throughput infrastructure and technical support aimed at organizations that require more specialized performance than general-purpose cloud providers typically offer. The company serves a global client base that includes AI labs, fast-growing startups, and large enterprises across technology, media, and other data-driven industries.
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