CoreWeave Revenue Rises to $3.66 Billion as 2026 Guidance Is Raised
Third-quarter revenue was $3.66 billion, versus $1.37 billion a year earlier, while net loss was $1.27 per diluted share versus $0.22. CoreWeave raised fiscal 2026 revenue guidance to $13 billion-$13.3 billion from $12.4 billion-$13.2 billion and increased adjusted operating income guidance to $1.28 billion-$1.38 billion. It also announced plans for $9 billion in debt prepayments.
CoreWeave reported its third-quarter 2026 financial results, showing revenue of $3.66 billion, up from $1.37 billion in the same period last year. The company recorded a net loss of $1.27 per diluted share, compared to a loss of $0.22 per share in the prior-year quarter. Following these results, management raised its fiscal 2026 revenue guidance to a range of $13 billion to $13.3 billion, up from the previous projection of $12.4 billion to $13.2 billion. The company also increased its adjusted operating income outlook for the year to between $1.28 billion and $1.38 billion.
Additionally, the company announced plans for $9 billion in debt prepayments to strengthen its balance sheet and reduce reliance on unsecured debt.