CoreWeave Reports Q3 Revenue Growth of 169% and Raises Full Year 2026 Guidance
CoreWeave (CRWV) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted GAAP earnings per share of -$1.27, a beat of $0.28, while revenue reached $3.66 billion, representing a significant 169.1% increase year-over-year and surpassing estimates by $120 million. The company's long-term outlook remains robust, highlighted by a massive revenue backlog of approximately $132.5 billion projected through September 30, 2026. Driven by this strong demand, CoreWeave has officially raised its full-year 2026 revenue guidance, signaling continued momentum in its sector.
Tickers: $CRWV