CoreWeave reports Q2 revenue up 112% YoY to $2.58B, vs. $2.56B est., and a $104B revenue backlog, with 1.5 GW of contracted power; CRWV jumps 9%+ after hours (Jordan Novet/CNBC)

Techmeme ·

CoreWeave beat Q2 revenue expectations and disclosed a $104B backlog, signaling sustained AI compute demand and contracted power scale.

Categories: Money & Moves

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<a href="https://www.cnbc.com/2026/08/11/coreweave-crwv-q2-earnings-report-2026.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260811/i35.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260811/p35#a260811p35" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jordan Novet / <a href="http://www.cnbc.com/">CNBC</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/08/11/coreweave-crwv-q2-earnings-report-2026.html">CoreWeave reports Q2 revenue up 112% YoY to $2.58B, vs. $2.56B est., and a $104B revenue backlog, with 1.5 GW of contracted power; CRWV jumps 9%+ after hours</a></b></span>&nbsp; &mdash;&nbsp; CoreWeave shares jumped 11% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations.</p>