CoreWeave signs new compute contracts at $40M per megawatt pricing

CoreWeave, Inc. (Nasdaq: CRWV) announced it has continued to sign new compute capacity contracts at higher prices since June 30, 2026, according to a press release.

In the third quarter of 2026, the company signed short-term customer contracts ranging from approximately three to six months, with pricing of approximately $40 million per megawatt, measured as annualized revenue divided by power required to service the related clusters.

CoreWeave also added more than $25 billion of net new customer commitments early in the third quarter of 2026. Those commitments were not reflected in the company's revenue backlog as of June 30, 2026.

The company's total contracted power increased to approximately 4.2 gigawatts as of August 11, 2026, up from approximately 3.7 gigawatts as of June 30, 2026. The August 11 figures were previously disclosed during CoreWeave's second quarter earnings call.

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