Coreweave

Q3 FY2026 EarningsQ3 FY26 delivered a top-line beat with revenue of $3.66B exceeding consensus of $3.54B by 3.39%, primarily driven by 168% YoY growth from existing customer expansion. Gross margin of 67.69% beat expectations by 0.86pct, reflecting strong pricing power in specialized AI cloud services. However, EBIT of $207M missed the $240.3M consensus due to a $1.1B YoY surge in depreciation as massive infrastructure investments went live. GAAP EPS of -$1.27 was narrower than the -$1.55 consensus loss, while a staggering Remaining Performance Obligation (RPO) of $132.3B provides unprecedented long-term revenue visibility.