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AI brief of an SEC Form 8-K · CoreWeave (CRWV)

CoreWeave Q4 revenue rose to $1.57 billion, but net loss widened to $452 million

Mixed Impact 3 of 5 earnings Written later

CoreWeave reported fourth-quarter and full-year 2025 results, with revenue up sharply from a year earlier. The net loss also widened substantially, and the company reported a revenue backlog of $66.8 billion as of December 31, 2025. The company said it will give forward-looking guidance on its earnings call, so shareholders will not see guidance in this filing.

Key points

  • Q4 2025 revenue was $1,572 million, compared with $747 million in Q4 2024.
  • Q4 2025 net loss was $452 million, or $0.89 per share, compared with a net loss of $51 million, or $0.34 per share, a year earlier.
  • Full-year 2025 revenue was $5,131 million, compared with $1,915 million in 2024, and full-year net loss was $1,167 million.
  • Revenue backlog was $66.8 billion as of December 31, 2025; the company will provide guidance on its earnings call.

The filing

CompanyCoreWeave (CRWV)
Form8-K, current report
Filed with the SECFeb 26, 2026, 4:06 PM ET
Accession number0001769628-26-000094

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.