CoreWeave: Q4 Financial Results Overview

CoreWeave Inc. Reports Fourth Quarter Financial Results

CoreWeave Inc., headquartered in Livingston, New Jersey, announced on Thursday that it recorded a net loss of $452 million for the fourth quarter.

The company reported a quarterly loss of $0.89 per share. When excluding certain one-time items, the adjusted loss was $0.55 per share.

These figures were below what analysts had anticipated. According to Zacks Investment Research, the consensus estimate from seven analysts was a loss of $0.45 per share.

Despite the loss, CoreWeave's revenue for the quarter reached $1.57 billion, surpassing the average forecast of $1.54 billion from ten analysts surveyed by Zacks.

For the full fiscal year, CoreWeave reported a total loss of $1.17 billion, or $2.81 per share, with annual revenue totaling $5.13 billion.

Financial data provided by Zacks Investment Research and compiled by Automated Insights.