CoreWeave Q3 revenue $3.66B beats estimates, loss narrows; raises FY26 guidance

CoreWeave reported Q3 2026 revenue of $3.66B, up 168% year over year and above the $3.56B estimate, with a $709M net loss ($1.27 per share), both narrower than expected. It raised FY2026 revenue guidance to $13.0B-$13.3B and expects FY2026 capex of $37B-$39B, with backlog of about $132.5B. It said 2027 capex would stay in line with 2026's level if focused on committed backlog, with over 75% of committed capex tied to investment-grade and enterprise customers and prepayments collected on 70% of deals this year.

Detected & updated continuously · Source: Nebula