CoreWeave posted $2.58 billion in revenue for the second quarter ended June, exceeding the $2.56 billion analyst average by a small margin, according to CNA and CNBC. The company recorded a $626 million net loss, up from $290 million the prior year, with technology and infrastructure expenses rising 125 percent to $1.51 billion. Agreements with Meta, Anthropic, and Jane Street support a $104 billion revenue backlog.