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CoreWeave Inc. Class A (CRWV) earnings date & stock reaction

CoreWeave Inc. Class A · IT

CoreWeave Inc. Class A earnings date & time

Next earningsWed, November 11 around 4:00 PM ET, after the closescheduled

Schedule

Korea time (KST)
Thu, November 12
Reporting pattern
6 of last 6 after close
Typical move
±14.8% · 6-report avg

What the market expects

Consensus EPS

$-1.54Coming in above this counts as a beat

Year-ago quarter
$-0.22→-600.0%
Full earnings calendarFrom an earnings calendar
Latest reportApr–Jun 2026 results· August 11, 2026 reported
EPS consensus -$1.47 → -$1.14 ▲ +22.4% beatRev $1.2B → $2.6B +112% YoY
Post-earnings price move
Next-day move
+19.3%
After 5 days
+3.2%
Price around earnings
Around this report
Overlapped CPI releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.Sector peer Palantir Technologies Inc. Class A +29.4% next day (8/3)A same-industry peer, Palantir Technologies Inc. Class A, reported within the 10 days before this one (8d earlier). How the market took it (next-day move +29.4%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.
Earnings callSurging revenue and improved operating leverage driven by explosive AI infrastructure demand
“We generated record revenue of $2.6 billion, up 112% year-over-year, increased revenue backlog to $104 billion.”
· Michael Intrator (CEO)
“Adjusted operating income for Q2 was $128 million, up from $21 million last quarter.”
· Nitin Agrawal (CFO)
Positives
  • ▲Explosive Growth in Revenue and Backlog
    • Revenue for the quarter was $2.575 billion, up 112% vs last year.
    • Revenue backlog reached $104 billion, an increase of 246% vs last year, securing future growth visibility.
  • ▲Visible Operating Leverage
    • Adjusted operating income was $128 million, significantly improved from $21 million in the previous quarter.
    • Contribution margins on new contracts increased by 5-10 percentage points vs recent quarters, signaling better profitability.
  • ▲Infrastructure Expansion and Tech Leadership
    • Active power capacity reached 1.5 GW, more than tripling vs last year.
    • Successfully validated NVIDIA Vera Rubin NVL72 as the first cloud provider, proving technical leadership.
Concerns
  • ▼Surging Interest Expenses and Net Loss
    • Interest expense rose to $640 million, up 139% vs last year, widening the net loss to $626 million.
    • Adjusted net loss also worsened to $567 million vs $130 million in the same period last year.
  • ▼Declining Operating and EBITDA Margins
    • Adjusted operating margin was 5%, down from 16% vs last year.
    • Adjusted EBITDA margin also declined to 59% from 62% vs last year.
  • ▼Heavy Capital Expenditure Burden
    • CapEx for the quarter totaled $9.4 billion, exceeding the high end of the guidance range.
    • Construction in progress (CIP) increased to $11.9 billion, indicating continued heavy cash outflows ahead.
Based on the Aug 11, 2026 earnings-call transcript. Quotes are verbatim.

CoreWeave Inc. Class A (CRWV) rose the day after earnings in 1 of its last 6 reports (17%), moving ±14.8% on average. It has fallen despite beating the consensus estimate 1 times.

Up next day
1/6
17%
Fell despite growth
2/6
Good earnings ignored
Price when beating
+1.5%
avg over 2 beats
Price when missing
-13.3%
avg over 4 misses
Avg earnings move
±14.8%
typical swing on earnings
Biggest single move
-20.8%
'25.8 · largest reaction
🔑What actually moves this stock?
What really matters here
Contracted backlog and large AI customers
In finance terms: Backlog · contracts
Growth · revenue (YoY by quarter, latest right)
+420%
25-05(Mar qtr)
+207%
25-08(Jun qtr)
+134%
25-11(Sep qtr)
+110%
26-02(Dec qtr)
+112%
26-05(Mar qtr)
+112%
26-08(Jun qtr)
Slowing · Growth slowed from +420% to +112%. It can fall even on a beat if it continues.
What to watch next report

When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Tends to run up in the week before earnings
Rose beforehand 5 of last 6 · avg +8.7% · expectations build early
Moves in line with results, fairly predictable
Avg +1.5% on a beat, -13.3% on a miss
vs IT sector avg (192 peers)
This
-8.4%
Sector
+1.0%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

This stock mostly moves with the reported earnings number
Moved opposite to results 1 of last 6 times (17%)
1xBeat but fell
Even a beat sells off if guidance disappoints
0xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth2/6

watches Backlog · contracts

Next-day reaction
  • Jun 2026 report+19.3%
  • Mar 2026 report-11.4%
  • Dec 2025 report-18.5%
  • Sep 2025 report-16.3%
  • Jun 2025 report-20.8%
  • Mar 2025 report-2.5%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Apr–Jun 2026 results
Reported 2026-08-11
Next-day move
+19.3%
After 5 days +3.2%
EPS consensus -$1.47 → -$1.14 ▲ +22.4% beatRev $1.2B → $2.6B +112% YoY
Price around earnings
Around this report
Overlapped CPI releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.Sector peer Palantir Technologies Inc. Class A +29.4% next day (8/3)A same-industry peer, Palantir Technologies Inc. Class A, reported within the 10 days before this one (8d earlier). How the market took it (next-day move +29.4%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.

Earnings trend · last 12 quarters

EPS$-1.14YoY -322%
'25.5'26.8
Revenue$2.6BYoY +112%
'25.5'26.8

Earnings history and price reaction

CoreWeave Inc. Class A across its last 6 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
6/20262026-08-11+22.4%+19.3%+3.2%
3/20262026-05-07-16.3%-11.4%-11.3%
12/20252026-02-26-30.0%-18.5%-23.4%
9/20252025-11-10+54.4%-16.3%-28.7%
6/20252025-08-12-29.8%-20.8%-37.5%
3/20252025-05-14-536.4%†-2.5%+59.2%

6 reports, quarters ending 3/2025 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next CoreWeave Inc. Class A earnings date?

The next CoreWeave Inc. Class A (CRWV) earnings report is expected Wed, November 11 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for CoreWeave Inc. Class A's next earnings?

Analysts expect EPS of about $-1.54 for CoreWeave Inc. Class A (CRWV). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does CoreWeave Inc. Class A (CRWV) stock usually go up after earnings?

Over the last 6 earnings reports, the stock rose on 1 of them (17%). The average move on earnings day was ±14.8%.

Does CoreWeave Inc. Class A react more to the earnings numbers or to guidance?

In 1 of the last 6 reports (17%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can CoreWeave Inc. Class A stock fall even when earnings are good?

Yes. In 2 of the last 6 reports, CoreWeave Inc. Class A fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does CoreWeave Inc. Class A stock keep moving after the earnings day?

Over the last 6 reports, the move continued in the same direction for the following five trading days 50% of the time. This tendency is known as post-earnings announcement drift.