CRWV's Q3 Earnings Beat on Strong Pricing, Revenues Climb 168% Y/Y
CoreWeave (CRWV) reported Q3 2026 revenues of $3.66B, up 168% year-over-year, beating estimates despite widening losses to $1.27 per share. The company's $132.5B backlog reflects surging AI demand exceeding available capacity. CoreWeave raised 2026 revenue guidance to $13-$13.3B and expects profitability by 2028. The company expanded its infrastructure footprint to 4.6 gigawatts of contracted power across 52 data centers globally.
