CoreWeave Q3 revenue beats estimates; raises 2026 revenue guidance to $13B-$13.3B
Overview
CoreWeave reports third-quarter revenue of $3.66 billion, above the $3.55 billion LSEG consensus, and raises its 2026 revenue forecast to $13 billion to $13.3 billion.
Revenue rose 168% from about $1.36 billion a year earlier, according to CNBC. The company also expects adjusted operating income of $1.275 billion to $1.375 billion for 2026. Shares rose about 13% in premarket trading the next day.
The company posted a net loss of $709 million, or $1.27 per share, more than six times the prior year's loss. Rohan Paul, citing the company's results, says net interest expense rose to $846 million from $310 million and cash burn after capital spending reached $7.5 billion. He says further growth depends on new borrowing or share sales, with about $4.12 billion in cash against nearly $47 billion of debt.
Written by AI from the articles below · updated Nov 11, 5:49 AM ET
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- CNBC · TechnologyNewsCoreWeave shares rise after quarterly earnings beat and raised 2026 guidance
AICoreWeave reported third-quarter revenue up 168% to $3.7 billion and raised its 2026 guidance, with expected revenue of $13 billion to $13.3 billion and adjusted operating income of $1.275 billion to $1.375 billion. Shares rose about 13% in premarket trading Wednesday, and rival neoclouds Nebius and IREN also gained.
Rohan Paul@rohanpaul_aiXCoreWeave's Q3 revenue rose 168% to $3.66B as net loss grew to $709MAICoreWeave 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.

- CNBC · TechnologyNewsCoreWeave beats revenue estimates and raises 2026 guidance
AICoreWeave reported third-quarter revenue of $3.66 billion, above the $3.55 billion LSEG consensus, and raised its 2026 revenue forecast to $13 billion to $13.3 billion. Revenue rose 168% from about $1.36 billion a year earlier, and the company posted a net loss of $709 million, or $1.27 per share.
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