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CoreWeave Q2 Revenue Jumps 112% YoY to $2.58B, Backlog Hits $104B With 1.5 GW of Contracted Power

Summary

CoreWeave reported Q2 revenue of $2.58B, up 112% YoY and edging past the $2.56B consensus, with a $104B contracted backlog and 1.5 GW of contracted power. Shares jumped more than 9% in after-hours trading.