CoreWeave Inc-A(CRWV) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Revenue reached $1.213 billion, a 207% year-over-year increase, driven by strong demand for the company's AI Cloud Platform[9, 14, 15] - Adjusted EBITDA was $753 million, a threefold increase compared to Q2'24, with a margin of 62%[9, 22] - Adjusted operating income was $200 million, up 134% year-over-year, representing a 16% margin[9, 17, 18] - Adjusted net loss was $(131) million, with a margin of (11)%[9, 11, 21] Capital Expenditure and Infrastructure - Capital expenditures totaled $2.9 billion, the highest in the company's history, reflecting continued investment in scaling the platform[10, 27, 30] - The company has 33 data centers with ~470MW active power and ~2.2GW contracted power[32] Revenue Backlog - Revenue backlog reached $30.1 billion, an 86% year-over-year increase, driven by strategic deals and contract expansions[9, 23, 24, 26] - The revenue backlog increased 2x year-to-date[26] - 40% of the revenue backlog is expected to be recognized within 24 months, 45% between 25-48 months, and 15% between 49-72 months[24]