CoreWeave Q4 Revenue Surpasses Expectations at $1.57 Billion

CoreWeave Q4 Financial Highlights

CoreWeave reported Q4 revenue of $1.57 billion, surpassing the analyst estimate of $1.55 billion.

Key Financial Metrics Breakdown

The company’s adjusted EBITDA came in at $898 million, slightly below the expected $936 million. The adjusted EBITDA margin stood at 57%, below the projected 60.5%. Adjusted operating profit was $88 million, missing the forecast of $141.8 million.

Additionally, CoreWeave recorded an operating loss of $89 million, compared to the expected profit of $18.3 million. Net loss for the quarter reached $452 million, exceeding the expected loss of $387.1 million. Earnings per share (EPS) came in at -$0.89, worse than the projected -$0.72.

Outlook

Although some metrics fell short of expectations, CoreWeave’s Q4 performance still demonstrated the resilience of its business model. The company’s future success will depend on its ability to optimize operations and improve profitability.