Rewards Hub CoreWeave, a cloud computing company backed by Nvidia, announced its financial results for 2025, reporting a total revenue of $5.13 billion. The company recorded a fourth-quarter revenue of $1.57 billion but faced a net loss of $1.17 billion for the year. Despite the loss, CoreWeave's adjusted EBITDA reached $3.09 billion.
The company highlighted a significant order backlog of $66.8 billion and reported an operational power capacity exceeding 850 MW, with contracted power capacity around 3.1 GW. These figures underscore CoreWeave's substantial infrastructure and future growth potential.
CoreWeave Reports $5.13 Billion Revenue for 2025, Faces $1.17 Billion Net Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.