CoreWeave Inc (NAS:CRWV)

Q4 2025 CoreWeave Inc Earnings Call Transcript

Feb 26, 2026 / 10:00 PM GMT

Release Date Price: $97.63 (-0.39%)

Transcript 10-K8-K

Key Points

Positve

CoreWeave Inc (CRWV) reported a significant revenue increase, reaching over $5.1 billion in 2025, marking a 168% year-over-year growth.
The company expanded its contracted revenue backlog to $66.8 billion, an increase of more than $50 billion year over year.
CoreWeave Inc (CRWV) achieved a milestone by becoming the fastest cloud provider to reach $5 billion in annual revenue.
The company successfully resolved previous data center delays, delivering impacted deployments ahead of expectations.
CoreWeave Inc (CRWV) is expanding its data center capacity, with plans to add more than 5 gigawatts by 2030, indicating strong future growth potential.

Negative

CoreWeave Inc (CRWV) reported a net loss of $452 million for Q4, compared to a $51 million net loss in Q4 of 2024.
Interest expenses increased significantly to $388 million in Q4, up from $149 million in Q4 of 2024, due to increased debt.
Capital expenditures for Q4 were higher than anticipated, totaling $8.2 billion, reflecting the rapid pace of infrastructure deployment.
The company's adjusted operating income for Q4 was lower than expected, at $88 million compared to $121 million in Q4 of 2024.
CoreWeave Inc (CRWV) faces challenges in maintaining margins due to the rapid expansion and upfront costs associated with new infrastructure deployments.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CRWV.OQ - CoreWeave Inc
Q4 2025 CoreWeave Inc Earnings Call
Feb 26, 2026 / 10:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello and thank you for standing by. My name is Tiffany, and I will be your conference operator today.

At this time, I would like to welcome everyone to the Crew 4th quarter and fiscal year 2025 earnings call.

All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during that time, simply press star, then the number 1 on your telephone keypad. I would now like to turn the call over to Creweave. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.