Filing Flows › CoreWeave (CRWV) › Q2 2026
CoreWeave (CRWV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
CoreWeave (CRWV) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), +112% from a year earlier and +24% from the quarter before. Operating margin was -1.9%, net loss $626M (24.3% of revenue).
CoreWeave, Q2 2026: revenue $2.6B (+112% year over year), operating margin -1.9%, net loss $626M, operating cash flow $679M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +24% | +112% |
| Operating profit | −$49.0M | — | — |
| Net earnings | −$626M | — | — |
| Operating cash flow | $679M | -77% | — |
What changed
Revenue was $2.6B in Q2 2026, up 112% year over year and up 24% from the previous quarter.
Operating costs exceeded revenue by $0.05B, an operating margin of -1.9%. Total costs grew 120% against revenue growth of 112%. The fastest-growing cost line was Cost of revenue (+181%). The quarter ended with a net loss of $0.63B, narrower than the previous quarter's $0.74B loss. Net interest and other expense of $0.52B was the main reason.
Operating cash flow was $0.68B. Non-cash charges added back $1.4B of depreciation and amortization and $0.17B of share-based compensation. Working capital and other items used $0.25B. Capital expenditures of $6.4B exceeded it, leaving free cash flow of −$5.7B.
Questions
What was CoreWeave's revenue in the second quarter 2026?
CoreWeave (CRWV) reported revenue of $2.6B for the second quarter 2026 (Q2 2026), +112% from a year earlier and +24% from the quarter before.
Was CoreWeave profitable in the second quarter 2026?
Operating loss was $49.0M (-1.9% of revenue) and net loss $626M.
Source: CoreWeave 10-Q on SEC EDGAR.