CoreWeav Q2 Revenue Hits $2.6B with Backlog Exceeding $100B
shawnup · x · 2026-08-12
AI cloud provider CoreWeav released strong financial results for the second quarter.
- Revenue: Q2 revenue reached $2.6 billion, up 112% year-over-year. Additionally, the company secured $25 billion in net new customer commitments in early Q3.
- Compute Scale: Currently operates with 1.5GW of active power capacity.
- Business Progress: Launched 7 new AI platform capabilities.
The company noted that scaling at this magnitude is unprecedented, continuing to execute and expand while accelerating operational leverage.
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