CoreWeave shares fall 4% after it misses profit estimates

Pratyush Thakur

Fri, February 27, 2026 at 6:52 AM GMT+9 1 min read

In this article:

CRWV

-0.39%

Investing.com – CoreWeave reported a wider fourth quarter loss and missed operating income estimates, even as revenue edged higher, sending shares down 4% in extended trading on Thursday.

The company posted a fourth quarter loss per share of $0.89, compared with analysts’ expectations for a loss of $0.21. Revenue rose to $1.57 billion from $1.55 billion a year earlier.

Margins face pressure from higher AI chip costs, competition for computing capacity and the expense of expanding its data center footprint.

Adjusted operating income was $88 million, below estimates of $139.7 million.

Chief Executive Michael Intrator said 2025 was a defining year as the company reached $5 billion in annual revenue, driven by growing demand from customers running AI workloads on its cloud platform.

Chief Financial Officer Nitin Agrawal said revenue backlog expanded to $66.8 billion, more than four times the level at the start of the year, providing visibility into 2026 and beyond.

CoreWeave has secured multibillion dollar agreements with major technology companies, including a $14 billion deal with Meta Platforms and a $6.5 billion contract with OpenAI, as demand for AI computing infrastructure accelerates.

Related articles

CoreWeave shares fall 4% after it misses profit estimates

These 2 stocks are best positioned to benefit from higher uranium prices: analyst

As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’

Terms and Privacy Policy

Privacy Dashboard

More Info