Outlook Presentation
Q2 2026
August 11, 2026
© 2026 CoreWeave, Inc. All rights reserved
Guidance Q3'26 Guidance FY'26 Guidance Revenue
$3.45 - 3.60 billion
Revenue$12.4 - 13.2 billion
Adjusted Operating Income$200 - 260 million
Adjusted Operating Income$960 - 1,150 million
Interest Expense$860 - 940 million
Capital Expenditures$35 - 39 billion
Capital Expenditures$11.5 - 13.5 billion
Exiting 2026 ARR1$18.5 - 19.5 billion
3
Note:
1. Annualized run-rate revenue (ARR) is calculated by taking revenue from the last month of the quarter multiplied by 12
. A
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