星球日报|11月 10, 2026 23:58
[CoreWeave Q3 Revenue Exceeds Expectations, Debt Pressure Remains a Concern]
Odaily Planet Daily reports that Coreweave (CRWV.O) reported third-quarter revenue of $3.66 billion, a 167% year-over-year increase, exceeding market expectations of $3.55 billion. The company reported a loss of $1.27 per share, better than the expected loss of $1.46. The company raised its full-year revenue guidance from $12.4 billion to $13.2 billion to $13 billion to $13.3 billion. According to MSX.COM data, Coreweave's stock price rose as much as 8.7% in after-hours trading following the earnings release. This followed a more than 40% drop in the previous month and a 32% drop year-to-date.
Coreweave still faces significant debt pressure, exceeding $50 billion as of the end of June, with a 2030 bond yield of approximately 15.2%. The company's CEO stated that its investments are based on existing customer contracts, and customer prepayments also help support data center construction. The existing order backlog is sufficient to cover its debt obligations. Microsoft (MSFT.O) previously stated that some emerging cloud service providers' data center projects were delayed, and that it was tightening project oversight and withdrawing from some high-risk projects.
Following the US midterm elections, several newly elected officials also indicated they would slow down or halt data center construction, increasing uncertainty in the industry's expansion. CoreWeave stated that it plans to increase revenue by launching new services and expanding into the Asian market.
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