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CoreWeave Reports Strong Third Quarter 2025 Results

November 10, 2025 4:09 PM EST

Record Third Quarter Revenue and Revenue Backlog Highlight Unprecedented Demand for AI

LIVINGSTON, N.J.--(BUSINESS WIRE)-- CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today reported financial results for the third quarter ended September 30, 2025.

We delivered an exceptional third quarter, setting new records for revenue and almost doubling our revenue backlog to more than $55 billion, said Michael Intrator, Co-Founder, Chairman of the Board and Chief Executive Officer, CoreWeave. Our performance reflects disciplined execution across every part of our business, from scaling infrastructure and expanding capacity to deepening customer... More