CoreWeave tops quarterly revenue estimates and raises annual forecast

CoreWeave reported Q3 2026 revenue of $3.7B, up 168% YoY, with adjusted EBITDA at $2.3B and a 10% operating margin. Shares rose 5.7% after hours. The company expanded infrastructure and backlog, raised full-year revenue guidance, and expects profitability in 2028.

CoreWeave (CRWV) reported Q3 revenue of $3.66B, up 168%, with a backlog of $132.5B. GAAP operating margin improved to 6%, but net loss widened to $709M due to high interest expenses. The company raised its full-year revenue forecast to $13B-$13.3B. Stock gained 2% in after-hours trading.

CoreWeave reported Q3 revenue of $3.66B, exceeding estimates, and raised its full-year revenue forecast to $13B-$13.3B. The company's net loss per share narrowed to $1.27. CoreWeave cited strong AI demand but acknowledged risks like high debt and regulatory uncertainty. Shares rose 1% in after-hours trading.

CoreWeave (CRWV) reported a wider Q3 2026 net loss of $709M, up from $110M in 2025, with revenue increasing to $3.661B. The company raised its full-year revenue guidance to $13.0B-$13.3B and adjusted operating income forecast to $1.275B-$1.375B. Shares fell 2.4% in after-hours trading.

CoreWeave's stock rose 2% after hours as the company raised its full-year revenue guidance to $13B-$13.3B, up from $12B-$13B. The company reported $9B in expected customer prepayments and deposits in the next three months, addressing financing concerns. CoreWeave's stock has fallen about 30% this year, with recent volatility tied to AI sector jitters and macroeconomic factors.

CoreWeave reported Q3 2026 revenue of $3.661B, beating estimates of $3.55B. Year-over-year growth was 168%, with a backlog of $132.5B. The company raised its 2026 revenue guidance to $13.0B-$13.3B and achieved double-digit adjusted operating margins.