NASDAQ$CRWV

CoreWeave Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

CoreWeave reported Q2 2025, revenue of $1.2M, net loss of $290.5M.

For Q2 2025, CoreWeave reported revenue of $1.2M, a net loss of $290.5M. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Revenue $1.2M.
  • Net loss $290.5M.
  • CoreWeave highlights operating priorities and capital allocation.

Headline financials

Total Revenue

$1.21B

No prior period
EPS

-$0.60

No prior period
Adjusted EBITDA

$753M

No prior period
Adjusted EBITDA Margin

62.0%

No prior period
Adjusted Operating Income

$200M

No prior period
Adjusted Net Loss

-$131M

No prior period
Revenue Backlog

$30.1B

No prior period
Capital Expenditures

-$3.86B

No prior period
Free Cash Flow

-$4.15B

No prior period
Net Income

-$291M

No prior period
Operating Income

$19.2M

No prior period
Gross Profit

$900M

No prior period
Cash & Equivalents

$1.15B

No prior period
Total Assets

$26.2B

No prior period

Revenue & EPS history

CoreWeave Inc · Revenue · Quarterly

$1.21B

Q2 2025
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Forward guidance

The release discusses CoreWeave's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • CoreWeave cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2025.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-11.7%

Avg return

Earnings day

-13.8%

Avg return

5 days after

+5.1%

Avg return

30 days after

0%

0 / 5 earnings

Positive

-2.5%

Q1 2025

Best reaction

-20.7%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.6%-22.3%-27.3%
Q4 2025-12.1%-18.6%-23.4%
Q3 2025-16.5%-26.7%-17.3%
Q2 2025-20.7%-34.9%-24.7%
Q1 2025-2.5%+33.8%+118.2%

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