Coreweave

CRWV

Q2 FY2026 EarningsQ2 FY26 results beat revenue and gross margin consensus, while GAAP EPS missed expectations due to elevated interest expenses and depreciation. Revenue of $2,575M exceeded the $2,559M consensus, driven by 112% YoY growth from existing AI customer expansions. Gross margin of 65.86% slightly missed the 67.06% target as data center deployment costs ramped up. Despite a top-line beat, GAAP net loss of $626M was impacted by a 140% surge in interest expense and high capital intensity required for infrastructure scaling.

Financial report interval: 2026.03.30 - 2026.06.30

Overview: Coreweave(CRWV) the Revenue is 2.575 B (+112.3%), Beat estimate;the EBIT is 128 M (-35.93%), Beat estimate;the EPS is -1.14 (-90%), Beat estimate.

Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
2.58B112.32%
2.56B111.01%
+0.02B1.31%
EBITExceed expectations
0.13B35.93%
0.07B62.64%
+0.05B26.71%
EPSExceed expectations
-1.1490.00%
-1.47145.00%
+0.330055.00%

Upcoming earnings report - Q3 FY2026

Available dateNov 12, 2026
Estimate Revenue$3.541 B
Estimate EBIT$240.3 M
Estimate EPS-$1.5535

Revenue

ActualEstimateUnit: USD
Quarterly

EBIT

ActualEstimateUnit: USD
Quarterly

Net income

ActualEstimateUnit: USD
Quarterly

EPS

ActualEstimateUnit: USD
Quarterly