CoreWeave expects $13.0B-$13.3B 2026 revenue and targets $20B-$21B exit run-rate revenue
FROM THE WIRE · SEEKINGALPHA.COM
Earnings Call Insights: CoreWeave, Inc. (CRWV) Q3 2026 MANAGEMENT VIEW * "CoreWeave delivered an exceptional third quarter. Revenue is growing rapidly. Margins are rising faster than planned. Customer demand remains extremely strong, and our newest contracts are among the most…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRevenue and margin guidance above plan for a stock tied to AI infrastructure demand matters to investors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The CEO reported third-quarter revenue of $3.7 billion, up 168% year-over-year.
- 02Adjusted operating income reached $379 million, well above the $200 million to $260 million guidance.
- 03The weighted average cost of debt fell to 7.9%, down 250 basis points year-over-year.
- 04The company said it will not use the unsecured debt market at current yields.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets