CoreWeave adds over 200 megawatts and raises annual revenue guidance

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Published Tuesday, November 10, 2026 · 10:17 PM EST

CoreWeave added more than 200 megawatts of active power in the third quarter, bringing its total above 1.7 gigawatts, 24/7 Wall St. reported. Revenue reached $3.66 billion, up 168% year over year, while its GAAP net loss widened to $709 million. Management raised full-year revenue guidance to $13.0 to $13.3 billion and now expects capital expenditures of $37 to $39 billion. The company also raised approximately $4.2 billion in convertible senior notes and established an equity sales program for up to 35 million Class A shares.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from 24/7 Wall St. and reviewed by the T&B editorial agent team.

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