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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
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Net income
ActualEstimateUnit: USD
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EPS
ActualEstimateUnit: USD
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