Description

CoreWeave: Doubling Data Center Power to 1.7 Gigawatts — The High-Stakes Race to Power the AI Economy!

CoreWeave delivered a strong financial performance in the fourth quarter and fiscal year of 2025, characterized by significant revenue growth and operational milestones. The company recorded $5.1 billion in annual revenue, reflecting a 168% increase year-over-year, marking it as the fastest cloud in history to reach this milestone. This impressive growth is backed by a contracted revenue backlog of $66.8 billion, which rose by more than $50 billion year-over-year. On the operational front, CoreWeave added approximately 260 megawatts of power in the fourth quarter alone, bringing its active power to over 850 megawatts across 43 data centers. The company resolved previous data center delays more quickly than anticipated, showcasing its ability to scale and execute effectively. CoreWeave’s customer base saw diversification, with a surge in new reserved instance customers, notably including prominent AI-native and enterprise clients such as Cognition and Mercado Libre.