Cloud computing company CoreWeave, backed by NVIDIA, reported $5.13 billion in revenue for 2025, with Q4 revenue at $1.57 billion and a full-year net loss of $1.17 billion. Adjusted EBITDA for the year was $3.09 billion. The company stated that its order backlog reached $66.8 billion, with operational power capacity exceeding 850 MW and contracted power capacity around 3.1 GW.