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CoreWeave, Inc. CRWV Q2 2026 earnings

Reported August 11, 2026 · After market close

Revenue$2.6BBeat by $20.5M
EPS-$1.03Beat by $0.18
Revenue estimate$2.6B
EPS estimate-$1.21
“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. 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.”
Michael Intrator

Next report

Nov 9, 2026 (in a month)
Revenue estimate$3.5B
EPS estimate-$1.26

Financials

Q2 2026

Income statement

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Revenue$2.6B+112%
Gross profit$1.7B+88.7%
Operating income-$49.0M-358%
Net income-$626.0M-116%
EPS (diluted)-$1.14-90.0%

Balance sheet

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Cash & equivalents$6.9B+236%
Total debt$52.1B+258%
Total equity$5.0B+89.0%
Total assets$77.1B+194%

Cash flow

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Operating cash flow$679.0M+371%
CapEx$6.4B+162%
Free cash flow-$5.7B-112%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$48.85B-28.5%
Enterprise value$94.04B+11.7%
P/S6.4×-9.4×

Profitability

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Gross margin67.4%-7.1pp
Operating margin-3%-9.3pp
Net margin-25.4%-2.7pp
FCF margin-179.9%-30.1pp

Returns & leverage

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Return on equity-50.2%—
Debt / equity10.4×+4.9×
Current ratio0.5×-0.1×

FAQ

When did CoreWeave, Inc. report Q2 2026 earnings?
CoreWeave, Inc. (CRWV) reported Q2 2026 earnings on August 11, 2026 after market close.
What were CoreWeave, Inc.'s Q2 2026 revenue and EPS?
CoreWeave, Inc. reported revenue of $2.6B and eps of $-1.03 for Q2 2026.
Did CoreWeave, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.6B by $20.5M. EPS beat the consensus estimate of $-1.21 by $0.18.
How did CoreWeave, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 112.3% from $1.2B a year earlier and eps declined 281.5% from $-0.27.
Where can I find CoreWeave, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001769628-26-000357) and the 10-Q periodic report (0001769628-26-000366) directly on SEC EDGAR. The filing index links above go to sec.gov.