CoreWeave Q2 revenue more than doubles to $2.575B; net loss widens to $626M

CoreWeave, Inc.

Revenue $2.575B vs $1.212B YoY, up ~112%; record quarterly revenue and backlog.
Net loss $626M vs $290M YoY; diluted EPS -$1.14 vs -$0.60.
Operating loss $49M vs operating income $19M YoY; margin turned to -2% from +2%.
Interest expense net $640M vs $267M YoY, driving wider bottom-line loss.

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