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Corvex

MOVE

Corvex, Inc. is a technology infrastructure company that provides GPU-accelerated cloud computing solutions specifically optimized for AI model training and inference.

Market cap
$21.63M+289%
Revenue$4.4M+844%
Net income-$27.7M-36.8%
Free cash flow-$26.3M-7.0%
EPS (diluted)-$18.86+24.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 13, 2026 (in 2 months)
Revenue estimate$5.5M
EPS estimate-$0.09

Financials

Q2 2026

Income statement

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Revenue$3.8M+3,590%
Operating income-$15.2M-367%
Net income-$12.8M-296%
EPS (diluted)-$5.12-67.9%

Balance sheet

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Cash & equivalents$21.7M+6,633%
Total debt$21.4M+3,193%
Total equity$573.3M+34,918%
Total assets$599.3M+10,489%

Cash flow

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Operating cash flow-$5.3M-70.3%
CapEx$243.0K
Free cash flow-$5.5M

Valuation & ratios

Valuation

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Market cap$21.63M+289%
Enterprise value$21.33M+251%
P/S4.9×-7.4×

Profitability

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Operating margin-610.3%-282pp
Net margin-623.5%-287pp

Returns & leverage

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Return on equity-9.6%-4.7pp
Debt / equity-0.4×
Current ratio1.8×+0.5×

Segments

By product

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Revenue AI Platform And Services$3.8M

Competitors

Profile

Corvex, Inc. is a technology infrastructure company that provides GPU-accelerated cloud computing solutions specifically optimized for AI model training and inference. Following a strategic merger, the company also maintains a legacy healthcare division focused on medical-grade wearable devices and proprietary sensor technology. The company's core value proposition lies in delivering secure, scalable, and high-performance computational resources for mission-critical AI workloads.

Competitive position

Corvex positions itself as a specialized 'neocloud' provider that offers more optimized, high-density GPU performance for AI workloads compared to general-purpose hyperscale cloud providers.

GeographiesUnited States, Delaware
Customer segmentsEnterprise, Technology Startups, Healthcare Providers, Public Sector
Business modelInfrastructure-as-a-Service (IaaS), Reserved capacity agreements, Direct sales, Hardware-enabled software
SuppliersGPU manufacturers, Data center facility owners, Telecommunications network providers, Power and cooling utility providers
CustomersAI model developers, Enterprise data science teams, Medical researchers, Consumer electronics users
Listed2026
Employees30.0
CEOSeth Demsey
Websitecorvex.ai
FilingsSEC EDGAR

FAQ

What is Corvex's market cap?
Corvex (MOVE) has a market capitalization of $21.6M and trades on NASDAQ.
What is Corvex's revenue and profitability?
Corvex generated $4.4M in trailing twelve-month revenue with a net loss of $27.7M, representing a net margin of -623.5%. Gross margin stands at -424.9%, with free cash flow of -$26.3M. The latest reported period is Q2 2026.
Who are Corvex's competitors?
Corvex's key competitors include Amazon Web Services, Google Cloud Platform, Microsoft Azure, and others. These companies compete in similar markets and product categories.
Who does Corvex partner with?
Corvex's notable partners include NVIDIA, Allora Health, Inc. (EVVY).
What subsidiaries does Corvex have?
Corvex's subsidiaries include Corvex Legacy Holdings, Inc., Thor Merger Sub Inc..
Where is Corvex headquartered?
Corvex is headquartered in United States of America and employs approximately 30 people. It has been publicly traded since 2026.