CoreWeave Q1 Revenue Surpasses Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 57 minutes ago
0mins
Should l Buy CRWV?
Source: CNBC
- Significant Revenue Growth: CoreWeave reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion, and more than doubling from $981.8 million a year ago, indicating strong performance in the rapidly growing cloud computing market.
- Widening Net Loss: Despite substantial revenue growth, CoreWeave's net loss widened to $740 million from $315 million a year earlier, reflecting a 127% surge in technology and infrastructure expenses to $1.27 billion, highlighting the financial pressures faced during its expansion.
- Accelerated Debt Financing: The company raised $8.5 billion in new debt in Q1, with total financing exceeding $20 billion this year, demonstrating its aggressive investment strategy for data center development, although this has pushed total debt close to $25 billion.
- Intensifying Market Competition: CoreWeave is competing with major cloud providers like Amazon, particularly in renting Nvidia GPUs to companies such as OpenAI and Anthropic, and despite high operating costs, its stock has surged nearly 80% in 2026.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to fall
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 137.980
Low
68.00
Averages
123.23
High
180.00
Current: 137.980
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CoreWeave Q1 Revenue Surpasses Expectations
- Significant Revenue Growth: CoreWeave reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion, and more than doubling from $981.8 million a year ago, indicating strong performance in the rapidly growing cloud computing market.
- Widening Net Loss: Despite substantial revenue growth, CoreWeave's net loss widened to $740 million from $315 million a year earlier, reflecting a 127% surge in technology and infrastructure expenses to $1.27 billion, highlighting the financial pressures faced during its expansion.
- Accelerated Debt Financing: The company raised $8.5 billion in new debt in Q1, with total financing exceeding $20 billion this year, demonstrating its aggressive investment strategy for data center development, although this has pushed total debt close to $25 billion.
- Intensifying Market Competition: CoreWeave is competing with major cloud providers like Amazon, particularly in renting Nvidia GPUs to companies such as OpenAI and Anthropic, and despite high operating costs, its stock has surged nearly 80% in 2026.
See More
CoreWeave Exceeds Quarterly Revenue Estimates
- Revenue Beat: CoreWeave reported total revenue of $2.08 billion for Q1, surpassing analysts' average estimate of $1.97 billion, indicating robust demand for its high-performance computing services and solidifying its market position.
- Stock Price Surge: Shares of CoreWeave rose 3% in extended trading, reflecting positive investor sentiment towards the company's performance and enhancing market confidence in its future growth potential.
- Surge in AI Demand: The skyrocketing demand for services from CoreWeave and peers like Nebius highlights the urgent need for computing capacity as companies race to develop and run AI models, driving significant market growth.
- Infrastructure Advantage: CoreWeave's close relationship with AI chip leader Nvidia provides it with early and large-scale access to sought-after AI hardware, a core advantage that distinguishes it in the competitive landscape and enhances its strategic positioning.
See More
CoreWeave Surpasses Revenue Estimates in Q1
- Revenue Beat: CoreWeave reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion and more than doubling from $981.8 million a year ago, indicating strong demand in the AI data center market.
- Widening Losses: Despite revenue growth, CoreWeave's net loss widened to $740 million from $315 million a year earlier, highlighting the financial pressures faced during rapid expansion.
- Debt Financing: The company raised $8.5 billion in new debt in Q1, securing over $20 billion in debt and equity this year, reflecting its significant funding needs for data center development.
- Shareholder Support: Major backer Nvidia purchased an additional $2 billion in CoreWeave shares during the quarter, demonstrating confidence in the company's future and reflecting their strategic partnership in the AI sector.
See More
CoreWeave Q1 Earnings Beat Expectations with 127.2% Revenue Growth
- Earnings Highlights: CoreWeave reported a Q1 GAAP EPS of -$1.40, missing estimates by $0.20, while revenue surged to $2.23 billion, reflecting a 127.2% year-over-year increase and beating expectations by $260 million, indicating robust market demand.
- Record Bookings: This quarter marked the strongest bookings in CoreWeave's history, with a revenue backlog nearing $100 billion, underscoring the company's strengthening market position in AI infrastructure and significant future growth potential.
- Power Capacity Expansion: CoreWeave surpassed 1 GW of active power and aims to exceed 8 GW by 2030, a strategic expansion that will support the company in the rapidly growing AI market.
- Market Preference Advantage: As the market shifts from training to inference, CoreWeave has become the preferred choice for AI-native and enterprise customers, leveraging its infrastructure, software, and expertise to secure a competitive edge in scaling AI operations.
See More
Dell Grants COO $132.4 Million Stock Options Tied to Performance Goals
- Executive Incentive Plan: Dell has granted COO Jeff Clarke a special performance-based stock options award potentially worth $132.4 million by 2031, reflecting the company's strong confidence in his leadership.
- Compensation Structure Highlight: This award is part of Clarke's total compensation of $154.3 million, with no other executives receiving a grant of similar size, underscoring Dell's strategic importance in leadership retention.
- Performance Goal Requirements: The stock options were issued on September 30, requiring Clarke to remain employed until March 15, 2031, and achieve market capitalization and adjusted free cash flow targets, ensuring a close link to the company's future performance.
- AI Market Context: Against the backdrop of surging demand for Dell's AI servers, with stock up 68% this year, Clarke's long-term incentive plan may signal the company's desire for leadership continuity as investors closely monitor sustained performance in AI infrastructure demand.
See More
Market Dynamics: Oil Prices and Tech Stocks Fluctuate
- Oil Price Recovery: West Texas Intermediate crude oil prices rebounded above $97 per barrel after a morning dip, reflecting cautious optimism about future demand, which could impact related energy stocks' performance.
- Divergent Tech Stock Performance: As AI-related stocks pull back, cybersecurity software stocks like CrowdStrike and Palo Alto Networks surged, crossing $500 and $190 respectively for the first time, indicating increased market confidence in their business models and potentially attracting more investor interest.
- Boeing Stock Rise: Boeing's shares rose as CEO Kelly Ortberg is set to accompany President Trump on his trip to China, with the market anticipating a major order of up to 500 planes, although skepticism remains regarding the order's realization.
- Employment Data Expectations: Economists forecast a 65,000 increase in April's nonfarm payrolls with the unemployment rate steady at 4.3%, while average hourly earnings are expected to rise by 3.8%, providing crucial economic health indicators that could influence investor confidence.
See More
CoreWeave Q1 Revenue Surpasses Expectations
- Significant Revenue Growth: CoreWeave reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion, and more than doubling from $981.8 million a year ago, indicating strong performance in the rapidly growing cloud computing market.
- Widening Net Loss: Despite substantial revenue growth, CoreWeave's net loss widened to $740 million from $315 million a year earlier, reflecting a 127% surge in technology and infrastructure expenses to $1.27 billion, highlighting the financial pressures faced during its expansion.
- Accelerated Debt Financing: The company raised $8.5 billion in new debt in Q1, with total financing exceeding $20 billion this year, demonstrating its aggressive investment strategy for data center development, although this has pushed total debt close to $25 billion.
- Intensifying Market Competition: CoreWeave is competing with major cloud providers like Amazon, particularly in renting Nvidia GPUs to companies such as OpenAI and Anthropic, and despite high operating costs, its stock has surged nearly 80% in 2026.
See More
CoreWeave Exceeds Quarterly Revenue Estimates
- Revenue Beat: CoreWeave reported total revenue of $2.08 billion for Q1, surpassing analysts' average estimate of $1.97 billion, indicating robust demand for its high-performance computing services and solidifying its market position.
- Stock Price Surge: Shares of CoreWeave rose 3% in extended trading, reflecting positive investor sentiment towards the company's performance and enhancing market confidence in its future growth potential.
- Surge in AI Demand: The skyrocketing demand for services from CoreWeave and peers like Nebius highlights the urgent need for computing capacity as companies race to develop and run AI models, driving significant market growth.
- Infrastructure Advantage: CoreWeave's close relationship with AI chip leader Nvidia provides it with early and large-scale access to sought-after AI hardware, a core advantage that distinguishes it in the competitive landscape and enhances its strategic positioning.
See More
CoreWeave Surpasses Revenue Estimates in Q1
- Revenue Beat: CoreWeave reported Q1 revenue of $2.08 billion, exceeding analyst expectations of $1.97 billion and more than doubling from $981.8 million a year ago, indicating strong demand in the AI data center market.
- Widening Losses: Despite revenue growth, CoreWeave's net loss widened to $740 million from $315 million a year earlier, highlighting the financial pressures faced during rapid expansion.
- Debt Financing: The company raised $8.5 billion in new debt in Q1, securing over $20 billion in debt and equity this year, reflecting its significant funding needs for data center development.
- Shareholder Support: Major backer Nvidia purchased an additional $2 billion in CoreWeave shares during the quarter, demonstrating confidence in the company's future and reflecting their strategic partnership in the AI sector.
See More
CoreWeave Q1 Earnings Beat Expectations with 127.2% Revenue Growth
- Earnings Highlights: CoreWeave reported a Q1 GAAP EPS of -$1.40, missing estimates by $0.20, while revenue surged to $2.23 billion, reflecting a 127.2% year-over-year increase and beating expectations by $260 million, indicating robust market demand.
- Record Bookings: This quarter marked the strongest bookings in CoreWeave's history, with a revenue backlog nearing $100 billion, underscoring the company's strengthening market position in AI infrastructure and significant future growth potential.
- Power Capacity Expansion: CoreWeave surpassed 1 GW of active power and aims to exceed 8 GW by 2030, a strategic expansion that will support the company in the rapidly growing AI market.
- Market Preference Advantage: As the market shifts from training to inference, CoreWeave has become the preferred choice for AI-native and enterprise customers, leveraging its infrastructure, software, and expertise to secure a competitive edge in scaling AI operations.
See More
Dell Grants COO $132.4 Million Stock Options Tied to Performance Goals
- Executive Incentive Plan: Dell has granted COO Jeff Clarke a special performance-based stock options award potentially worth $132.4 million by 2031, reflecting the company's strong confidence in his leadership.
- Compensation Structure Highlight: This award is part of Clarke's total compensation of $154.3 million, with no other executives receiving a grant of similar size, underscoring Dell's strategic importance in leadership retention.
- Performance Goal Requirements: The stock options were issued on September 30, requiring Clarke to remain employed until March 15, 2031, and achieve market capitalization and adjusted free cash flow targets, ensuring a close link to the company's future performance.
- AI Market Context: Against the backdrop of surging demand for Dell's AI servers, with stock up 68% this year, Clarke's long-term incentive plan may signal the company's desire for leadership continuity as investors closely monitor sustained performance in AI infrastructure demand.
See More
Market Dynamics: Oil Prices and Tech Stocks Fluctuate
- Oil Price Recovery: West Texas Intermediate crude oil prices rebounded above $97 per barrel after a morning dip, reflecting cautious optimism about future demand, which could impact related energy stocks' performance.
- Divergent Tech Stock Performance: As AI-related stocks pull back, cybersecurity software stocks like CrowdStrike and Palo Alto Networks surged, crossing $500 and $190 respectively for the first time, indicating increased market confidence in their business models and potentially attracting more investor interest.
- Boeing Stock Rise: Boeing's shares rose as CEO Kelly Ortberg is set to accompany President Trump on his trip to China, with the market anticipating a major order of up to 500 planes, although skepticism remains regarding the order's realization.
- Employment Data Expectations: Economists forecast a 65,000 increase in April's nonfarm payrolls with the unemployment rate steady at 4.3%, while average hourly earnings are expected to rise by 3.8%, providing crucial economic health indicators that could influence investor confidence.
See More
