CoreWeave FY2025 revenue $5.1B (2.7x YoY); record $66.8B backlog

CoreWeave, Inc.

2025-FY EPS reported -$2.81 revenue$5,131,000,000

FY2025 revenue $5,131M, up 168% YoY from $1,915M; Q4 revenue $1,572M, 2.1x Q4 2024.
Net loss $1,167M for FY2025 ($2.81 diluted EPS) vs $863M loss prior year; Q4 net loss $452M.
Revenue backlog grew to $66.8B at year-end, more than 4x from start of 2025, signaling strong forward visibility.
Operating loss $46M for FY2025 vs operating income $324M in 2024; Q4 operating loss $89M.

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