---
schema_version: "secwatch.filing_event.v1"
accession: "0001769628-26-000220"
form_type: "8-K"
ticker: "CRWV"
cik: "0001769628"
company_name: "CoreWeave, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:56:33.002406+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CoreWeave Q1 revenue doubles to $2.08B, backlog nears $100B; net loss widens to $740M

## Summary
- Revenue of $2,078M for Q1 2026, up from $982M YoY, more than doubling.
- Net loss widened to $740M ($1.40 diluted loss) vs $315M ($1.49 loss) a year ago.
- Operating loss margin was 7%, compared to 3% in prior-year quarter.
- Revenue backlog reached nearly $100 billion, strongest bookings quarter ever.
- Active power surpassed 1 GW; management targets over 8 GW by 2030.

## SEC filing metadata
- accession: 0001769628-26-000220
- form_type: 8-K
- ticker: CRWV
- cik: 0001769628
- company_name: CoreWeave, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000220/0001769628-26-000220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000220/crwv-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001769628-26-000220
- JSON: https://secwatch.observer/filing/0001769628-26-000220.json
- Plain text: https://secwatch.observer/filing/0001769628-26-000220.txt

## Source-grounded claims
- claim_id: c9704d22252fc696ea20a8fb5fdcf97070742975
  claim: CoreWeave, Inc. reported Three Months Ended March 31, 2026 results: revenue $2,078, net income $(740), EPS $(1.40).
  evidence_excerpt: First Quarter 2026 Financial Highlights (In millions, except percentages and per share amounts) Three Months Ended March 31, 2026 2025 Revenue $ 2,078 $ 982 Operating expenses 2,222 1,009 Operating loss $ (144) $ (27) Operating loss margin (7) % (3) % Interest expense, net $ (536) $ (264) Net loss $ (740) $ (315) Net loss margin (36) % (32) % Basic net loss per share $ (1.40) $ (1.40) Diluted net loss per share $ (1.40) $ (1.49)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000220/0001769628-26-000220-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.