According to CNBC, CoreWeave reported a 168% year-over-year increase in third-quarter revenue, with a net loss of $709 million, up from $110 million in the same period last year. The company raised its full-year 2026 revenue guidance to $13 billion to $13.3 billion, and adjusted operating income guidance to $1.275 billion to $1.375 billion. The report also noted that its revenue backlog grew to $132.5 billion; backlog scale differs from revenue recognized in the quarter.