Coreweave (CRWV) Q2 Revenue Report 2025

Buiss On Tuesday, stocks fell by 9%, even when the artificial intelligence infrastructure provider beat the revenue in the second quarter

Here’s how the company did compared to the LSEG consensus:

• Profit per share: Loss of 21 cents
• Income: Is expected to $ 1.21 billion vs. $ 1.08 billion

Revenue more than three times increased from $ 395.4 million a year earlier, Coreweave said in A at statement. The company has registered a net loss of $ 290.5 million compared to a $ 323 million loss in the second quarter of 2024.

Income growth is still limited to potential when demand exceeds the supply, said Nitin Agrawal, the head of the company, said at a conference with analysts. The company competes with clouder suppliers such as Amazon rent Nvidia Chips for companies.

Coreweave’s operating profitability decreased to 2% from 20% years ago, first of all up to $ 145 million for stock compensation. The debt is now $ 11.1 billion. This is the second quarter of the full financial results of Coreweave after the public company after IPO in March.

Coreweave showed an expansion of business with Openai, a major client and investors. Also in a quarter coreweave purchased Weight and prejudice, startup software for AI monitoring models, $ 1.4 billion.

In May Management Advertising 420% income growthAlong with the expansion of losses and nearly $ 9 billion in debt. Shares by -still Anyway doubled For the next month.

In the third quarter, Coreweave estimates 1.26 billion to $ 1.30 billion in the second quarter. Analysts surveyed by LSEG searched $ 1.25 billion.

Shares coreweave became available At the NASDAQ at the end of the first quarter, after the company sold 37.5 shares for $ 40, bringing revenue of $ 1.5 billion. As of Tuesday, the shares traded at $ 148.75 per market capitalization over $ 72 billion.

The CoreWeave data center project in New Jersey with up to 250 megawatt capacity must be put in 2026, the company said.

The executives will discuss the results and give out the conference recommendations starting at 5 pm.

This is conducting the news. Please check the updates.

See: Bulchy call Tyler Radke Citi on Coreweave, updated to buy