CoreWeave made $3.66 billion last quarter, beating expectations and raising its yearly revenue forecast.

Nov 11, 2026, 8:43 AM ETResultsRead the original at Benzinga

Good for CRWV

CoreWeave’s sales topped estimates, its adjusted loss was smaller than expected, and it raised its 2026 sales forecast. Its $132.5 billion backlog and expected customer payments support growth, though planned spending of $37 billion to $39 billion leaves significant funding needs.

CRWV · CoreWeave Inc.

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The larger backlog, higher sales forecast, and expected customer payments support CoreWeave’s growth and help address how it will pay for expansion. The company also reported double-digit adjusted operating margins ahead of plan. Planned spending of $37 billion to $39 billion still needs funding, but the stronger sales and expected customer cash weigh more in this report.

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