Core Weave reports roughly $104 billion in contracted backlog; shares rise more than 5% after hours
CoreWeave reported second-quarter revenue of $2.58 billion, compared with market expectations of $2.56 billion. The company reported a second-quarter net loss of $626 million, versus an expected loss of $757.1 million. As of June 30, 2026, CoreWeave's total contracted backlog was about $104 billion. Its shares rose more than 5% in after-hours trading.
CoreWeave reported second-quarter revenue of $2.58 billion, compared with market expectations of $2.56 billion. The company reported a second-quarter net loss of $626 million, versus an expected loss of $757.1 million.
As of June 30, 2026, CoreWeave's total contracted backlog was about $104 billion. Its shares rose more than 5% in after-hours trading.
As of June 30, 2026, CoreWeave's total contracted backlog was about $104 billion. Its shares rose more than 5% in after-hours trading.