CoreWeave 2025 Q2 Earnings Narrowed Losses and Strong Revenue Growth

CoreWeave (CRWV) reported its fiscal 2025 Q2 earnings on Aug 13th, 2025. The results reflected a significant improvement in financial performance, particularly in narrowing losses and achieving robust revenue growth. The company did not provide numeric forward guidance in the filing but emphasized continued scaling of AI infrastructure and new GPU deployments.

CoreWeave’s fiscal 2025 Q2 results beat expectations by showing a dramatic narrowing of losses and a record revenue increase. While the company did not revise its guidance, the positive financial momentum and strategic expansion indicate strong execution of its growth plans. The earnings report highlighted a 206.7% year-over-year revenue jump, alongside a meaningful reduction in per-share losses.

Revenue
CoreWeave’s total revenue surged by 206.7% to $1.21 billion in 2025 Q2, compared to $395.37 million in 2024 Q2, driven by strong demand for its AI cloud platform.

Earnings/Net Income
The company significantly narrowed its losses, reporting a per-share loss of $0.60 in 2025 Q2, a 63.0% improvement from a loss of $1.62 per share in 2024 Q2. Net loss also decreased to $-290.51 million, a reduction of 10.1% from the $-323.02 million reported in the same period last year.

Price Action
The stock price of CoreWeave has experienced mixed short-term performance, tumbling 11.44% during the latest trading day, while climbing 6.82% for the most recent full week. It has also declined 11.04% month-to-date.

Post Earnings Price Action Review
The strategy of buying CoreWeave (CRWV) shares after its revenue increased quarter-over-quarter on the financial report release date and holding for 30 days delivered remarkable returns over the past three years. This strategy achieved a total return of 220.74%, vastly outperforming the benchmark return of 11.87%. The excess return of 208.87% demonstrated the strategy’s strong performance relative to the market. A CAGR of 5488.30% highlighted the compounding effectiveness, although the strategy came with higher volatility, as indicated by a Sharpe ratio of 34.66 and a maximum drawdown of 158.33%. The strategy, therefore, is best suited for investors with a higher risk tolerance seeking substantial gains.

CEO Commentary
Michael Intrator, Co-Founder, Chairman of the Board, and Chief Executive Officer, highlighted the strong second-quarter performance, emphasizing continued momentum across all business areas. He noted the company’s rapid scaling to meet unprecedented demand for AI, with CoreWeave’s AI cloud platform setting new benchmarks for performance and scalability. Intrator underscored the company’s leadership in AI infrastructure, including being the first to offer the complete Blackwell GPU portfolio at scale, positioning CoreWeave as the platform of choice for advanced AI workloads and AI pioneers.

Guidance
CoreWeave will provide forward-looking guidance during its earnings call and webcast, including financial and strategic outlook for future periods. The company emphasized continued scaling of AI infrastructure, rapid deployment of new GPU technologies, and growth through key customer contracts and strategic acquisitions. CoreWeave also noted ongoing investments in new data center capacity, including a 250MW greenfield campus in Kenilworth, NJ.

Additional News
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