Business3 sources
CoreWeave reports Q3 revenue up 168% YoY to $3.66B, vs. $3.55B est., a net loss of $709M, and a $132.5B revenue backlog, up from $104B as of June (Jordan Novet/CNBC)
Techmeme ·
The Brief · written from 3 sources
- CoreWeave reported Q3 revenue up 168% year over year to $3.66B, versus a $3.55B estimate.
- The company posted a net loss of $709M in the quarter.
- Revenue backlog reached $132.5B, up from $104B as of June, and 2026 guidance was raised.
Why it matters
Strong backlog and raised guidance suggest sustained demand for AI compute capacity, while the net loss and the need for more capital highlight financing risk for the company's customers and partners.
Who’s affected
- Companies relying on CoreWeave GPU cloud capacity
- Investors tracking AI infrastructure providers
- #coreweave
- #earnings
- #ai-infrastructure
- #cloud
- #gpu
Jordan Novet / CNBC : CoreWeave reports Q3 revenue up 168% YoY to $3.66B, vs. $3.55B est., a net loss of $709M, and a $132.5B revenue backlog, up from $104B as of June — CoreWeave reported better-than-expected quarterly revenue and lifted its 2026 guidance on Tuesday…
Timeline
CoreWeave reports Q3 results beating estimates and raises 2026 guidance
Bloomberg Technology
CoreWeave Boosts Forecast, Easing Concerns About Slowdown
Bloomberg Technology
CoreWeave Earnings Top Estimates, Boosts Annual Forecast
Techmeme
CoreWeave reports Q3 revenue up 168% YoY to $3.66B, vs. $3.55B est., a net loss of $709M, and a $132.5B revenue backlog, up from $104B as of June (Jordan Novet/CNBC)
Full coverage · 3 sources
- 2h ago ↗
Techmeme
CoreWeave reports Q3 revenue up 168% YoY to $3.66B, vs. $3.55B est., a net loss of $709M, and a $132.5B revenue backlog, up from $104B as of June (Jordan Novet/CNBC)
- 2h ago ↗
Bloomberg Technology
CoreWeave Earnings Top Estimates, Boosts Annual Forecast - 3h ago ↗
Bloomberg Technology
CoreWeave Boosts Forecast, Easing Concerns About Slowdown