GoKawiilCoreWeave raises 2026 revenue and profit outlook after strong quarterly results
CoreWeave posted revenue of $3.66 billion for the quarter, up 168% year-over-year and ahead of analyst expectations of $3.55 billion. The company reported a net loss of $709 million, wider than the prior year's $110 million loss, but raised its 2026 guidance to $13 billion-$13.3 billion in revenue and $1.275 billion-$1.375 billion in adjusted operating income, both above previous forecasts and analyst estimates.
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The upgraded guidance suggests demand for AI computing infrastructure remains robust even as investor sentiment toward AI-linked stocks has soured, with CoreWeave shares down more than 40% over the past month. The results could offer some reassurance to markets questioning whether AI infrastructure spending is slowing, though the company's widening net losses show the capital intensity of scaling such operations.
- CoreWeave's quarterly revenue of $3.66 billion beat the $3.55 billion analyst consensus
- 2026 guidance raised to $13-$13.3 billion in revenue, above prior forecasts of $12.4-$13.2 billion
- Stock has fallen over 40% in the past month amid broader AI sector skepticism despite the strong results
Source: cnbc.com — Jordan Novet, 2026-11-10
Published there as: “CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns”
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