PANews
PANews|Nov 10, 2026 21:25
CoreWeave Reports Q3 Revenue of $3.66 Billion, Up 168.21% Year-over-Year. According to a Business Wire announcement, AI cloud service provider CoreWeave (CRWV) released its Q3 2026 financial results, reporting revenue of $3.66 billion, a 168.21% year-over-year increase, exceeding market expectations of $3.56 billion; net loss of $709 million, compared to $110 million in the same period last year; loss per share of $1.27; and adjusted operating profit of $379 million. As of September 30, the company had approximately $132.5 billion in order backlog. CoreWeave raised its full-year 2026 revenue guidance to $13 billion to $13.3 billion, capital expenditure guidance to $37 billion to $39 billion, and projected interest expense of $1.05 billion to $1.15 billion for the fourth quarter.
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