CoreWeave (CRWV) Q4 earnings report 2025
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC at the New York Stock Exchange (NYSE) on September 22, 2025 in New York City, USA.
Jeenah Ay | Reuters
CoreWeave Shares fell as much as 10% in extended trading Thursday after the AI-focused cloud infrastructure provider reported higher fourth-quarter revenue than Wall Street expected.
Here is the company’s performance compared to the LSEG consensus:
- Loss per share: 89 cents lost.
- Revenues: 1.55 billion dollars is expected against the expectation of 1.57 billion dollars
CoreWeave’s revenue grew 110% year over year in the quarter. expression.
Nvidia The graphics chips at the core of CoreWeave’s offering remain in short supply, CoreWeave CEO Mike Intrator said on a conference call with analysts. Average prices for Nvidia’s H100 processors in the fourth quarter were within 10% of where they started the year, with older A100 prices rising in 2020, Intrator said.
He said CoreWeave is targeting at least $30 billion more in 2026 than 2025 capital expenditures. The total for 2025 was $10.31 billion.
As of the end of the year, the company’s active power capacity was 850 megawatts and its contracted power was 3.1 gigawatts. Analysts surveyed by LSEG predicted active power would be around 827 megawatts. CoreWeave plans to add more than five gigawatts to its contracted footprint by 2030, Intrator said.
Retained revenue increased from $55.6 billion to $66.8 billion at the end of the third quarter.
Adjusted earnings before interest, taxes, depreciation and amortization came in at $898 million, below StreetAccount’s consensus of $929 million.
After going public last March, the company reported having $21.37 billion in debt as of Dec. 31.
AI has become a bigger concern for software investors in recent weeks, as Anthropic’s announcements led to sharp selling.
CoreWeave serves AI model makers such as: Google and OpenAI’s shares are up 36% so far in 2026 as of Thursday’s close. iShares Expanded Technology-Software Sector Exchange Traded Fund It decreased by approximately 22% in the same period.
During the quarter, CoreWeave announced a deal with the model builder poolside and introduced a object storage service. The company also said it was increasing credit facility It increased from $1.5 billion to $2.5 billion.
CoreWeave remains a specialist in cloud infrastructure, but the launch of storage will help it compete with larger entities such as: Amazon Web Services.
“By 2025, CoreWeave became the fastest cloud platform in history to exceed $5 billion in annual revenue,” Intrator wrote. blog post.
Administrators will hold a conference call starting at 5pm ET to discuss the results and issue guidelines.
WRISTWATCH: CoreWeave shares rose 14% intraday after Nvidia’s investment news
