CoreWeave Reports Record Q2 Revenue

CoreWeave (NASDAQ:CRWV) reported second quarter 2025 earnings on August 12, 2025, delivering record revenue of $1.2 billion and adjusted operating income of $200 million, with contracted backlog reaching $30.1 billion and over 900 megawatts of active power deployment on track for year-end. Management announced rising demand across enterprise segments, substantive capital markets achievements, and revised full-year guidance, setting the stage for investor analysis on durability, competitive positioning, and structural headwinds in hyper-growth infrastructure cloud markets.Management disclosed that revenue more than doubled year-over-year, with $1.2 billion in revenue recognized, and a sequential increase of $4 billion in contracted backlog, hitting $30.1 billion in contracted backlog. This backlog figure includes substantial multi-year expansions, notably with OpenAI, and signals both large-scale and diversified client additions outside hyperscaler tech, such as financial services and healthcare.The unprecedented surge in both revenue and backlog indicates sustained, multi-industry demand acceleration and reinforces the attractiveness of CoreWeave’s differentiated AI infrastructure in a supply-constrained market, supporting a multi-year runway for structural growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool