CoreWeave's Q1 Earnings Spark Hope, but Profits Remain Elusive CoreWeave, Inc. (NASDAQ:CRWV) has announced Q1 2026 earnings that exceeded Wall Street expectations, with revenue reaching $2.
08 billion and EPS coming in at $1. 12. While these numbers are undeniably impressive, they mask a deeper issue: the company's struggle to turn a profit.
Despite its promising product offerings and expanding market presence, CoreWeave continues to hemorrhage cash, with technology and infrastructure costs skyrocketing 127% to $1. 27 billion in Q1.