CRWV's Q3 Earnings Beat on Strong Pricing, Revenues Climb 168% Y/Y

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CoreWeave, Inc. CRWV reported a third-quarter 2026 loss of $1.27 per share, narrower than the Zacks Consensus Estimate of a loss of $1.45. However, the loss widened from 22 cents per share in the year-ago quarter. Revenues surged 168% year over year to $3.66 billion, beating the consensus mark of $3.49 billion by 4.84%. Strong AI infrastructure demand, favorable pricing and accelerated capacity deployments drove growth. Revenue backlog reached $132.5 billion, up 138% year over year. CRWV's AI Cloud Demand Remains Strong CoreWeave continued to benefit from robust demand across AI labs, hyperscalers and enterprises.