FY25 Earnings: $5.13B Revenue Confirmed Amid Heavy Losses
Key Questions
What were CoreWeave's FY25 revenues and growth rate?
CoreWeave reported $5.13B in FY25 revenue, a 168% year-over-year increase, matching Sacra estimates. Q4 revenue beat at $1.57B.
What drove CoreWeave's FY25 net loss?
The company posted a $1.17B net loss or $2.81 per share, primarily due to heavy capex burn despite strong revenue growth.
What is the outlook for CoreWeave's Q1 FY26 earnings?
Deutsche Bank previews $1.9-2B revenue for Q1 FY26 on May 7, with 143% FY26 revenue acceleration expected via debt diversity and big-tech ARR, despite capex pressures.
Official FY25 $5.13B rev (+168%) matches Sacra but $1.17B net loss/$2.81/sh highlights capex burn; Q4 $1.57B beat/$0.89 miss; DB Q1 FY26 preview $1.9-2B May7 flags de-risk via debt diversity/big-tech ARR despite capex/margin squeeze, 143% FY26 rev accel; ties to NVDA/backlog/$110 vol/debt risks amid 70% surge.
Sources (2)
Updated Apr 29, 2026