BREAKING
CoreWeave's Cash-Burn Quarter
0
B
Q2 revenue
0
%
YoY growth
0
B
Revenue backlog
Buildout Outruns Operating Cash
Operating cash
0.679
Property purchases
6.422
Demand Must Become Capacity
1
Contract demand
↓
2
Raise capital
↓
3
Build GPU capacity
↓
4
Deliver cloud compute
Strong Demand, Heavy Risk
Demand case
Growth
●
Revenue doubled year over year
●
New infrastructure serves contracted workloads
Risk case
Capital
●
Free cash flow stayed deeply negative
●
Debt and delivery risk remain material
Execution Becomes the Test
AI NEWS BLITZ
The AI cloud provider doubled revenue while expansion consumed far more cash.