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CoreWeave down after Q2 results

ReutersAug 12, 2025 8:35 PM

** Shares of AI data center operator CoreWeave CRWV.O fall 7.6% to $138.17 in extended trading

** CRWV reports Q2 revenue of $1.21 billion, beating analysts' average estimate of $1.08 billion, according to data compiled by LSEG

** Co says revenue backlog was $30.1 billion as of June 30

** CRWV's operating expenses rise to $1.19 billion in Q2, compared to $317.7 million a year ago

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