CoreWeave Shares Drop as Growing Losses Eclipse AI Demand Surge
CoreWeave's revenue more than tripled year-over-year to $1.21 billion but posted a $290.5 million net loss due to high stock-based compensation costs, shrinking its operating margin to 2%.
- CoreWeave reported second-quarter 2025 revenue of $1.21 billion and a net loss of $290.5 million as an AI infrastructure provider on August 12, 2025.
- This performance followed rapid revenue growth driven by expanding demand for GPU-based AI cloud services and included acquisitions such as Weights and Biases.
- CoreWeave's contracted backlog reached $30.1 billion, up $4 billion from Q1, supported by large deals with OpenAI and diversified enterprise customers.
- Executives announced a raised 2025 revenue guidance to $5.15 billion–$5.35 billion and highlighted $6.4 billion raised during the quarter to fund expansion, while CEO Mike Intrator spoke at Nasdaq earlier in March.
- These results underscore strong AI-related demand outpacing supply but also reflect increasing operating expenses and debt, signaling ongoing investment in scaling the cloud platform.
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CoreWeave shares tumble 18% on bigger-than-expected loss as red-hot IPO lock-up nears end - Tech Startups
CoreWeave’s red-hot debut earlier this year has hit a rough patch. Shares of the AI data center renter fell 18% after the company reported a loss that was deeper than Wall Street had projected. The timing couldn’t be worse — […] The post CoreWeave shares tumble 18% on bigger-than-expected loss as red-hot IPO lock-up nears end first appeared on Tech Startups.
CoreWeave shares drop as growing losses eclipse AI demand surge
CoreWeave shares sank 10 per cent in premarket trading on Wednesday after the Nvidia-backed company posted a bigger-than-expected loss, raising doubts about its ability to keep costs under check amid robust AI demand.
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Total News Sources21
Leaning Left4Leaning Right2Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 31%
C 54%
15%
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