CoreWeave, Inc. (CRWV) Misses Q1 EPS by 49c, Beats on Revenue

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Go back to CoreWeave, Inc. (CRWV) Misses Q1 EPS by 49c, Beats on Revenue

CoreWeave Reports Strong First Quarter 2026 Results

May 7, 2026 4:07 PM EDT

Record First Quarter Revenue and Revenue Backlog Highlight Unprecedented Demand for CoreWeave Cloud

LIVINGSTON, N.J.--(BUSINESS WIRE)-- CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today reported financial results for the first quarter ended March 31, 2026.

"This was the strongest bookings quarter in CoreWeave's history, with revenue backlog reaching nearly $100 billion. We surpassed 1 GW of active power and believe we are well on our way to more than 8 GW by 2030, having positioned our capital structure to scale with the opportunity ahead," said Michael Intrator, Co-founder, Chairman,... More