Mike Intrator

“CoreWeave delivered an exceptional third quarter. Revenue is growing rapidly. Margins are rising faster than planned. Customer demand remains extremely strong, and our newest contracts are among the most profitable we have ever underwritten.”

“And I think what makes us stand out... There are a few things that are absolutely true, and then there are a few things that are relatively true, right? And it's, okay, are you comparing us to Microsoft, or are you comparing us to a smaller NeoCloud, right?”

“Q2 was an exceptional quarter for CoreWeave. We outperformed our plan across the board, with the operating leverage we have been building beginning to show up clearly in our results.”

“Q1 was a transformational quarter for CoreWeave. We delivered our strongest quarter for customer bookings, signing more than $40 billion of new commitments and growing contracted revenue backlog to nearly $100 billion.”

“We generated more than $5.1 billion of revenue, up 168% year over year. Grew our contracted revenue backlog to $66.8 billion, an increase of $11.2 billion sequentially, and more than $50 billion year over year.”