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CoreWeave reaches more than 1.7 GW of active power and over 4.6 GW contracted in Q3 2026, with a US$132.5 billion revenue backlog
What changed
CoreWeave reported on 10 November that it added more than 200 MW of active power in the third quarter to reach over 1.7 GW, doubling its active footprint since the start of the year, and grew contracted power by more than 900 MW to over 4.6 GW, of which more than 1.3 GW is outside the US, including India, Indonesia and Spain. Revenue was US$3.661 billion for the quarter to 30 September 2026, against US$1.365 billion a year earlier, with a net loss of US$709 million. Revenue backlog was about US$132.5 billion at 30 September; Reuters reported it at US$104 billion at the end of June. CoreWeave still expects more than 1.85 GW of active power at the end of 2026 and now guides full-year 2026 capital expenditure at US$37 billion to US$39 billion and revenue at US$13.0 billion to US$13.3 billion. It also said it has brought multi-rack NVIDIA Vera Rubin NVL72 deployments online. Guidance is the company's own. Not investment advice.
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Read the original: CoreWeave (results release); Reuters via Investing.com: CoreWeave reaches more than 1.7 GW of active power and over 4.6 GW contracted in Q3 2026, with a US$132.5 billion revenue backlog (opens in a new tab)
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