Fast growth, significant losses, disappointing guidance, "Nvidia's favored child" Coreweave plummets after its first public financial report

Wallstreetcn
2025.05.15 08:14
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CoreWeave's first-quarter revenue increased by 420% year-on-year to $980 million, while net losses widened from $130 million in the same period last year to $310 million. The company stated that customer demand is accelerating, and it expects the impact of tariffs to be minimal, but revenue and capital expenditures may be "volatile" this year, with an expected annual revenue growth rate of 190%, which is less than half of the first-quarter growth rate