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Can CoreWeave Sustain Its Impressive EBITDA Margin Performance?

Key Takeaways CoreWeave hit its first 1Bquarter,withrevenuesup2071B quarter, with revenues up 207% YoY and adjusted EBITDA of 753.2M.Backlog doubled YTD to 30.1B,fueledbyOpenAIandsectorgainsinfinance,healthcare,andAIstartups.Operatingexpensesjumpedto30.1B, fueled by OpenAI and sector gains in finance, healthcare, and AI start-ups.Operating expenses jumped to 1.2B and capex to $2.9B, with rising debt costs adding to Q2 net loss.CoreWeave, Inc (CRWV) highlighted the strength of its business model by delivering both hyper top-line growth and impressive profitability numbers in the second quarter of 2025. Revenues jumped 207% ...