# CoreWeave's Q3 revenue rose 168% to $3.66B as net loss grew to $709M

> Original title: CoreWeave’s third-quarter revenue jumped 168% to $3.66B, but its net loss grew more than 6-fold to $709M.

- Source: Rohan Paul
- Published: 2026-11-11T00:53:50.000Z
- Bad Influence: https://badinfluence.news/items/ly0etbqdxqmclad7u7tfq3rzn
- Original: https://x.com/rohanpaul_ai/status/2120319053764190550

## Summary

CoreWeave reported third-quarter revenue up 168% to $3.66B, while its net loss grew more than sixfold to $709M. The post says net interest expense rose to $846M from $310M, and cash burn after capital spending reached $7.5B. It says further growth depends on new borrowing or share sales, with about $4.12B in cash against nearly $47B of debt.

## Post

CoreWeave’s third-quarter revenue jumped 168% to $3.66B, but its net loss grew more than 6-fold to $709M.

Borrowing costs drove that loss: net interest expense rose to $846M from $310M, more than double the quarter’s $379M adjusted operating income.

Because the company borrows to buy Nvidia GPUs ahead of rental income, it burned $7.5B after capital spending, up from $1.6B a year earlier.

Contracted backlog still climbed to $132.5B from $104B in June, and the 2026 revenue forecast rose to between $13B and $13.3B.

The spending plan grew too, with full-year capex guidance now at $37B to $39B, up from $35B to $39B.

The quarter closed with about $4.12B in cash against nearly $47B of debt, so further growth depends on new borrowing or share sales.

Worries about that funding had cut the stock more than 40% over the past month, though shares rose about 6% after hours.

![](https://badinfluence.news/api/img-proxy?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FHWziu7VbkAADZAx.jpg&mode=thumb&exp=1794700800&sig=5a613d5eef079eba)