Admin

CoreWeave’s quarterly revenue grew 112% year-over-year, with backlogged orders reaching $99.4 billion. Large-scale expansion weighed on profits|Earnings Report Highlights

CoreWeave’s quarterly revenue grew 112% year-over-year, with backlogged orders reaching $99.4 billion. Large-scale expansion weighed on profits|Earnings Report Highlights

``` AI cloud computing infrastructure company CoreWeave announced its results for the first quarter of fiscal year 2026: revenue doubled year-on-year, order backlog surged to nearly $100 billion, but sustained heavy capital investment is putting significant pressure on profits. This quarter's revenue reached $2.18 billion, up 112% year-on-year,
Admin