Aug 11 2026

CoreWeave doubles Q2 revenue to $2.58B and raises guidance, with net interest expense ($640M) exceeding its net loss ($626M)

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Backlog $104.2B, up 246% YoY and in line with the Street against Cantor's ~$131B bull case; company says the figure excludes over $25B of Q3 commitments. FY26 raised to $12.4-13.2B revenue; year-end active power target lifted to more than 1.85 GW. Stock rose 11-16% after hours.

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