CoreWeave's revenue grew over 400% in impressive Q1 results, despite missing on earnings per share.

From Nasdaq: 2025-05-15 08:16:00

CoreWeave (NASDAQ: CRWV) reported impressive Q1 2025 results, with revenue soaring to $982 million, beating expectations by 420%. However, earnings per share missed at ($1.49). The company’s revenue backlog sits at $25.9 billion, while the operating margin dropped to -3%. Despite this, shares rose 6% in after-hours trading.

CoreWeave, a cloud software company, impressed investors with its first earnings report post-IPO. Revenue beat estimates at $982 million, showcasing over 400% year-over-year growth. Even with a loss, investors are optimistic about the company’s future growth potential. The stock has seen volatile movements since going public but remains above its IPO price.

Investors are keeping a close eye on CoreWeave’s revenue growth, especially amid tariff uncertainties. The company’s heavy reliance on Microsoft (NASDAQ: MSFT) for revenue presents a concentration risk. CoreWeave aims to diversify its customer base, and future growth while reducing dependence on Microsoft will be crucial for sustained success in the market.



Read more at Nasdaq: CoreWeave’s Revenue Grew More Than 400%