CoreWeave reported financial results for the fiscal quarter ended June 30, 2026, announcing revenue of $2,575 million, a significant increase from $1,212 million in the prior year period. The company recorded an operating loss of $(49) million and a net loss of $(626) million, resulting in basic net loss per share of $(1.14). Adjusted EBITDA rose to $1,510 million from $753 million, with an adjusted EBITDA margin of 59%. Revenue backlog stood at approximately $104 billion as of June 30, 2026, excluding over $25 billion in new commitments added in early Q3. CoreWeave operates in the artificial intelligence infrastructure and cloud computing industry.
