CoreWeave Q2 revenue rises to $2,575M as backlog hits about $104B

CoreWeave reported Q2 2026 revenue of $2,575M, up from $1,212M a year earlier, and a revenue backlog of about $104B. Its net loss widened to $626M. (CoreWeave Investor Relations)

The backlog figure excludes more than $25B of new customer commitments signed early in Q3. Q2 purchases of property and equipment were $6,422M. Guidance was given on the call, not in the release. (CoreWeave Investor Relations)