Nvidia-Backed CoreWeave Reports Q1 Earnings: Revenue Jumps 420%, Backlog Grows To $25.9 Billion Following OpenAI Deal, Shares Hit All-Time Highs

Biztoc.com - May 14, 2025

Nvidia-Backed CoreWeave Reports Q1 Earnings: Revenue Jumps 420%, Backlog Grows To $25.9 Billion Following OpenAI Deal, Shares Hit All-Time Highs

CoreWeave Inc (NASDAQ:CRWV) reported financial results for the first quarter after the market close on Wednesday. Here’s a rundown of the report. Q1 Earnings: CoreWeave reported first-quarter revenue of $981.63 million, beating analyst estimates of $859.77 mi…

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