CoreWeave set to report Q1 sales near $2bn and wider adjusted loss
Updated
Updated · Barron's · May 7
CoreWeave set to report Q1 sales near $2bn and wider adjusted loss
10 articles · Updated · Barron's · May 7
Analysts expect a 91-cent adjusted loss per share, versus 60 cents a year earlier, when the AI-focused cloud provider reports on Thursday.
Rapid growth is being funded by heavy borrowing and leasing: CoreWeave ended 2025 with $21bn of debt, $8.4bn of lease liabilities and plans $30bn-$35bn in 2026 capital spending.
The Nvidia-linked neocloud group posted $5.1bn revenue in 2025, has a $67bn backlog and expects customer concentration to ease as Meta and OpenAI contracts ramp up.
Can CoreWeave's explosive growth outpace its massive debt and the looming 'GPU debt treadmill'?
As power grids falter, can CoreWeave deliver on its billions in AI contracts without crippling delays?