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

CoreWeave Q1 revenue rises to $2.08 billion; net loss widens to $740 million

Mixed Impact 3 of 5 earnings Written later

CoreWeave reported first-quarter 2026 results for the period ended March 31, 2026, with revenue of $2.08 billion, up from $982 million a year earlier. The net loss widened to $740 million from $315 million, and the operating loss grew to $144 million from $27 million. Revenue backlog reached $99.4 billion, but the larger losses and higher interest expense mean shareholders face a mixed picture.

Key points

  • Revenue was $2,078 million for the quarter, compared with $982 million in the first quarter of 2025.
  • Net loss was $740 million, compared with $315 million a year earlier; diluted net loss per share was $1.40, compared with $1.49.
  • Adjusted EBITDA was $1,157 million, compared with $606 million, while interest expense, net, was $536 million.
  • Revenue backlog was $99.4 billion as of March 31, 2026, including a new $21 billion Meta commitment signed in March.

The filing

CompanyCoreWeave (CRWV)
Form8-K, current report
Filed with the SECMay 7, 2026, 4:10 PM ET
Accession number0001769628-26-000220

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 May 07, 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.