CoreWeave Inc is Set To Release Quarterly Earnings: Stock is up 8.16% on Tuesday

CoreWeave Inc, the AI cloud firm now listed on the NASDAQ and backed by Nvidia, is set to share its first quarterly results as a public company this afternoon, Wednesday, May 14, 2025.

The earnings release will go out after markets close, followed by a live conference call at 2:00 PM Pacific Time (5:00 PM Eastern), which can be streamed through the company’s Investor Relations page.

This marks the company’s first financial update since its IPO on March 28, which brought in $1.5 billion. Shares were priced at $40—below the anticipated $47 to $55 range—raising eyebrows at the time. Still, interest in the company has grown steadily, driven by its swift rise in the AI infrastructure space.

Market watchers are forecasting quarterly revenue around $856.9 million, though the company is expected to post a per-share loss of 12 cents. The numbers would reflect ongoing investments in expanding capacity and shifting away from its earlier crypto-mining business.

CoreWeave has been moving quickly to secure its position in the AI ecosystem. One of its largest recent moves was acquiring Weights & Biases for $1.7 billion. The deal gives CoreWeave direct access to widely used software tools that help developers build and manage AI models.

But the company isn’t without its challenges.

A large share of its 2024 revenue—about 60%—came from just one client: Microsoft. Meanwhile, reports suggest CoreWeave is looking to raise another $1.5 billion in debt to keep pace with its expansion goals.

A big part of those plans includes investing $10 billion in new data centers optimized for artificial intelligence workloads throughout 2025. Today’s report will offer the first concrete glimpse into how well CoreWeave is executing on its ambitions—and how it's managing risks as competition in the sector heats up.

For those looking to dig into the details or listen live, the call will be available via CoreWeave’s official Investor Relations portal.