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← CoreWeave
Q2 2026 earningsTue, Aug 11, 2026

CoreWeave Q2 2026 earnings call transcript

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Key points

  • CoreWeave reported Q2 2026 revenue of $2.6 billion, up 112% year-over-year, and described the quarter as an inflection point in operating leverage. Revenue backlog expanded to $104.2 billion, up 246% year-over-year, while active power capacity reached 1.5 GW after adding nearly 500 MW in the quarter. Management highlighted demand broadening into life sciences, financial services and the public sector, and managed inference ARR growing from $1 million to $100 million within months.