---
title: "CoreWeave Posts Strong Q2 Results, Backlog Momentum Driven by 'Unprecedented' Demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295577023.md"
description: "CoreWeave reported Q2 revenue of $2.58 billion, beating estimates and rising 112.5% year-over-year. The company posted an adjusted loss of $1.03 per share, better than expected, with a massive $104 billion backlog reflecting unprecedented demand. Shares rose 8.15% in after-hours trading following the release."
datetime: "2026-08-11T20:24:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295577023.md)
  - [en](https://longbridge.com/en/news/295577023.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295577023.md)
---

# CoreWeave Posts Strong Q2 Results, Backlog Momentum Driven by 'Unprecedented' Demand

**CoreWeave Inc** (NASDAQ:CRWV) posted financial results for the second quarter after the market close on Tuesday. Here’s a look at the key details from the report.

-   **CoreWeave stock is trending. What’s next for CRWV stock?**

## **CoreWeave Q2 Highlights**

CoreWeave reported second-quarter revenue of $2.58 billion, beating analyst estimates of $2.56 billion, according to Benzinga Pro. The company reported a second-quarter adjusted loss of $1.03 per share, beating estimates for a loss of $1.22 per share.

Total revenue was up approximately 112.5% on a year-over-year basis. The company said it ended the quarter with a revenue backlog of $104 billion, reflecting “unprecedented demand” for CoreWeave Cloud.

CoreWeave noted that its backlog doesn’t include more than $25 billion in additional customer commitments added early in the current quarter.

“CoreWeave reached an important inflection point this quarter as our scale began to translate into expanding operating leverage. Customer demand is accelerating, as enterprise adoption broadens and we continue to deepen our technology platform,” said **Michael Intrator**, co-founder and CEO of CoreWeave.

“CoreWeave is built on the conviction that AI is foundational to every industry and that realizing its full potential requires a purpose-built platform. This quarter reinforced that conviction.”

The company reported $2.62 billion in operating expenses during the period and ended the quarter with approximately $5.52 billion in cash and cash equivalents.

**CoreWeave executives will discuss the quarter on an earnings call at 5 p.m. ET. The company is expected to provide forward-looking guidance on the call.**

## **CRWV Shares Move Higher After Earnings**

CoreWeave shares were up 8.15% in after-hours Tuesday, trading at $97.68 at the time of publication, according to Benzinga Pro.

**Read Also: CoreWeave Earnings Prediction Market Preview: What Will the AI Cloud Company Say About Nvidia and Anthropic?**

_Image: Shutterstock.com_

### Related Stocks

- [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md)
- [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md)
- [CORD.US](https://longbridge.com/en/quote/CORD.US.md)
- [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md)
- [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md)
- [CWY.US](https://longbridge.com/en/quote/CWY.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [QUICK SPARK: CoreWeave Stock Averages 17% Drop After Earnings](https://longbridge.com/en/news/295568822.md)
- [CoreWeave Likely To Report Q2 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call](https://longbridge.com/en/news/295560164.md)
- [CoreWeave Q2 Preview: Investors May Be 'Better Off Sitting This One Out,’ Expert Says](https://longbridge.com/en/news/295437105.md)
- [CoreWeave Says Data Center Moratoriums Won’t Stop AI Expansion: ‘They Are Going to Impact Where This Infrastructure Gets Built’](https://longbridge.com/en/news/295615172.md)
- [CoreWeave Shares Surge 16% as Second-Quarter Revenue Soars 112%, Buoying Market](https://longbridge.com/en/news/295606164.md)