BRIEF-CoreWeave CEO Says Co Grew Number Of Customers Committed To Spending At Least $1 Million On CoreWeave Cloud By Nearly 150% In 2025 - Conf Call

Reuters06:59
BRIEF-<a href="https://laohu8.com/S/CRWV">CoreWeave</a> CEO Says Co Grew Number Of Customers Committed To Spending At Least $1 Million On CoreWeave Cloud By Nearly 150% In 2025 - Conf Call

Feb 26 (Reuters) - CoreWeave Inc CRWV.O:

  • COREWEAVE CEO SAYS CO GREW NUMBER OF CUSTOMERS COMMITTED TO SPENDING AT LEAST $1 MILLION ON CORE WEAVE CLOUD BY NEARLY 150% IN 2025 - CONF CALL

  • COREWEAVE CEO SAYS AVERAGE H100 PRICING IN Q4 WAS WITHIN 10% OF WHERE IT STARTED THE YEAR, WHILE AVERAGE A100 PRICING INCREASED IN 2025

  • COREWEAVE CEO SAYS CO OPERATES 43 ACTIVE DATA CENTERS, UP FROM 32 AT THE START OF THE YEAR

  • COREWEAVE CEO: WE CONTRACTED CLOSE TO TWO GIGAWATTS OF ADDITIONAL POWER IN 2025

  • COREWEAVE CEO: WE QUICKLY CLEARED THE DELAYS DISCUSSED IN OUR THIRD QUARTER

  • COREWEAVE CEO: WE HAVE NOW DELIVERED MORE THAN 50,000 GRACE BLACKWELLS TO THE IMPACTED CUSTOMER

  • COREWEAVE CEO SAYS CO TO BRING NVIDIA'S NEW RUBIN GPU PLATFORM TO MARKET IN THE SECOND-HALF OF 2026

  • COREWEAVE CEO SAYS 2026 CAPEX TO BE AT LEAST $30 BILLION

  • COREWEAVE CEO SAYS CAPEX IS TO DIRECTLY SUPPORT REVENUE BACKLOG

  • COREWEAVE CEO: WE EXPECT TO CONTINUE TO REDUCE OUR WEIGHTED AVERAGE COST OF CAPITAL ALONG THE WAY

  • COREWEAVE CFO: CAPEX IN Q4 TOTALED $8.2 BILLION AND $14.9 BILLION FOR THE FULL YEAR

  • COREWEAVE CFO SAYS CO SECURED MORE THAN $18 BILLION OF DEBT AND EQUITY IN 2025

  • COREWEAVE CFO SAYS CO EXPECTS 2026 CAPEX OF $30-$35 BILLION

  • COREWEAVE CFO SAYS CO EXPECTS TO DOUBLE ACTIVE CAPACITY TO MORE THAN 1.7 GW BY YEAR END

  • COREWEAVE CFO SAYS CO EXPECTS 2026 REVENUE OF $12 BILLION TO $13 BILLION

  • COREWEAVE CFO SAYS CO EXPECTS 2026 ADJUSTED OPERATING INCOME OF $900 MILLION TO $1.1 BILLION

  • COREWEAVE CFO: WE ANTICIPATE MARGINS WILL RAMP SEQUENTIALLY FROM LOW SINGLE DIGITS IN Q1, EXPANDING IN EACH OF Q2 AND Q3 AND RETURNING TO LOW DOUBLE DIGIT LEVELS BY Q4

  • COREWEAVE CFO SAYS CO EXPECTS Q1 REVENUE OF $1.9 BILLION TO $2 BILLION

  • COREWEAVE CFO: Q1 INTEREST EXPENSE IS EXPECTED TO BE IN THE RANGE OF $510 MILLION TO $590 MILLION

  • COREWEAVE CFO: WE EXPECT OUR CAPEX DEPLOYMENTS TO BE $6 TO $7 BILLION OF INFRASTRUCTURE IN Q1

  • COREWEAVE CFO: WE EXPECT TO EXIT 2026 WITH ANNUALIZED RUN RATE REVENUE OF $17 BILLION TO $19 BILLION

  • COREWEAVE CFO: WE EXPECT TO GROW TO MORE THAN $30 BILLION OF ANNUALIZED RUN RATE REVENUE AS WE EXIT 2027

  • COREWEAVE CFO: WE REMAIN CONFIDENT IN OUR ABILITY TO ACHIEVE 25 TO 30% MARGINS OVER THE LONG TERM

  • COREWEAVE CFO SAYS CO EXPECTS Q1 ADJUSTED OPERATING INCOME BETWEEN ZERO AND $40 MILLION

  • COREWEAVE CFO SAYS ATTACH RATES FOR STORAGE ARE NOW AT 80% IN OUR LARGE CUSTOMER BASE

  • COREWEAVE CFO SAYS SUBSTANTIALLY ALL OF 2026 CAPEX IS TIED TO ALREADY SIGNED CUSTOMER CONTRACT

Further company coverage: CRWV.O

((Reuters.Briefs@thomsonreuters.com;))

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