Earnings$CRWV4:19 PM ET

CoreWeave Q2 backlog $104.2B, up 246% YoY; excludes $25B+ in early Q3 commitments

By BORSA NewsroomPublished Aug 11, 2026, 4:19 PM EDTUpdated Aug 23, 2026, 8:22 PM EDT

CoreWeave ended Q2 with a $104.2B revenue backlog, up 246% YoY. The company said that figure excludes over $25B in net new customer commitments added in early Q3. The disclosure follows CoreWeave's Q2 earnings beat earlier today.

Sentimentbullish 80

Strongly bullish · 80 of 100

Impact70

medium · sector-wide

Confidence70%

moderate confidence · single wire

Eventdeveloping

v1 · alerts feed only

WHAT WE KNOW

Year-over-year growth: 246%.
Reported EPS was $-1.32 versus $-1.52 expected, a 13.2% beat.