CoreWeave — Third Quarter 2026 Earnings Summary

CoreWeave reported third-quarter 2026 revenue of $3.661 billion, representing a sequential increase of over $1 billion compared to the prior quarter. The company achieved an adjusted operating margin of 10% and raised its full-year 2026 revenue guidance to a range of $13.0 billion to $13.3 billion. CoreWeave expanded its active power capacity to over 1.7 gigawatts and secured a revenue backlog of approximately $132.5 billion as of September 30, 2026. Despite a GAAP net loss of $709 million for the quarter, the firm strengthened its financial position by raising $4.2 billion through convertible senior notes and establishing a new equity program.