{
 "ticker": "CRWV",
 "name": "CoreWeave",
 "url": "https://grantbishop.pages.dev/index/CRWV",
 "sells": "CoreWeave rents graphics processing chips by the hour from data centers built for artificial intelligence.",
 "why": "We follow it because its business is artificial intelligence itself.",
 "questions": [
  {
   "slug": "ai-itself",
   "question": "Whose business is AI itself?",
   "url": "https://grantbishop.pages.dev/index/q/ai-itself"
  }
 ],
 "tests": [
  {
   "id": "W-6",
   "claim": "Spending on the AI build is running ahead of the revenue it produces.",
   "url": "https://grantbishop.pages.dev/claims/ai-spending-ahead-of-revenue"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "10-Q",
  "filed": "2026-08-12",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000366/crwv-20260630.htm"
 },
 "disclosed": [
  {
   "date": "2026-06-30",
   "figure": "98%",
   "what": "CoreWeave revenue from customer commitments, share of total revenue, Q2 2026",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "$103.7 billion",
   "what": "CoreWeave unsatisfied RPO",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "41%",
   "what": "Share of CoreWeave RPO expected to be recognized over initial 24 months",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "24 months",
   "what": "Initial period for CoreWeave RPO recognition (to 30 June 2028)",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "$14,117 million",
   "what": "CoreWeave cash spending on property and equipment, six months to June 2026",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "30 June 2026",
   "what": "CoreWeave 10-Q period end",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "about $35.1 billion",
   "what": "CoreWeave total debt at 30 June 2026 (brief total about $35,068m)",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "$640 million",
   "what": "CoreWeave Q2 2026 interest expense, net",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "$49 million",
   "what": "CoreWeave Q2 2026 operating loss",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2026-06-30",
   "figure": "$15.553 billion",
   "what": "CoreWeave total liquidity at 30 June 2026 (brief $15,553m)",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2025-12-31",
   "figure": "$21.4 billion",
   "what": "CoreWeave total debt at 31 December 2025 (brief about $21,373m)",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  },
  {
   "date": "2025-06-30",
   "figure": "$267 million",
   "what": "CoreWeave Q2 2025 interest expense, net (year earlier)",
   "source": "https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000366/crwv-20260630.htm"
  }
 ],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Figures added from \"Last week's artificial intelligence slide: a bubble bursting, dearer money, or neither?\"."
  },
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-08-12 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [
   {
    "form": "8-K",
    "filed": "2026-09-22",
    "period": "2026-09-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000432/crwv-20260917.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-09-17",
    "period": "2026-09-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000429/crwv-20260917.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-08-12",
    "period": "2026-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000366/crwv-20260630.htm",
    "what_it_said": "Its quarterly filing (Form 10-Q) for the period ended 30 June 2026 said revenue recognized from customer commitments was 98% of the quarter’s total, and reported $103.7 billion of unsatisfied RPO, 41% of it expected to be recognized over the initial 24 months.",
    "from_piece": "https://grantbishop.pages.dev/pieces/ai-demand-two-businesses"
   },
   {
    "form": "8-K",
    "filed": "2026-08-11",
    "period": "2026-08-11",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000362/crwv-20260811.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-08-10",
    "period": "2026-08-07",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000357/crwv-20260807.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2026-06-18",
    "period": "2026-06-18",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000291/crwv-20260618.htm",
    "what_it_said": null,
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   },
   {
    "form": "8-K",
    "filed": "2026-06-11",
    "period": "2026-06-11",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000278/crwv-20260611.htm",
    "what_it_said": null,
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    "period": "2026-06-08",
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   {
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    "filed": "2026-05-18",
    "period": "2026-05-15",
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    "what_it_said": null,
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   },
   {
    "form": "10-Q",
    "filed": "2026-05-08",
    "period": "2026-03-31",
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    "period": "2026-05-07",
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   },
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    "filed": "2026-04-21",
    "period": "2026-04-16",
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   },
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    "period": "2026-04-09",
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    "period": "2026-02-26",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000094/crwv-20260226.htm",
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   {
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    "period": "2026-01-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm",
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   },
   {
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   },
   {
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    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000062/crwv-20250930.htm",
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   },
   {
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   },
   {
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    "filed": "2025-10-31",
    "period": "2025-10-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000095010325014006/dp236631_8k.htm",
    "what_it_said": null,
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   },
   {
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    "filed": "2025-10-06",
    "period": "2025-09-25",
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   },
   {
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    "period": "2025-09-29",
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   },
   {
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    "period": "2025-09-25",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000050/crwv-20250925.htm",
    "what_it_said": null,
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   },
   {
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    "period": "2025-09-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000119312525216497/d17274d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
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    "filed": "2025-09-15",
    "period": "2025-09-09",
    "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm",
    "what_it_said": null,
    "from_piece": null
   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 46.4,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": null,
  "range_52_week": {
   "low": 40.58,
   "low_date": "2026-11-05",
   "high": 138.25,
   "high_date": "2026-05-06",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": null,
  "forward_multiple": null,
  "checked_at": "2026-11-10 01:45:40"
 },
 "exhibits": null,
 "mentions": [
  {
   "date": "2026-10-21",
   "slug": "ai-demand-two-businesses",
   "headline": "Backlog and capital spending are two measures, not yet two businesses",
   "url": "https://grantbishop.pages.dev/pieces/ai-demand-two-businesses",
   "line": null,
   "idea": {
    "id": "W-6",
    "text": null,
    "url": "https://grantbishop.pages.dev/claims/ai-spending-ahead-of-revenue"
   }
  },
  {
   "date": "2026-10-19",
   "slug": "was-last-weeks-ai-selloff-bubble-bursting-price",
   "headline": "Supplier order books held through the AI share slide",
   "url": "https://grantbishop.pages.dev/pieces/was-last-weeks-ai-selloff-bubble-bursting-price",
   "line": null,
   "idea": {
    "id": "W-2",
    "text": null,
    "url": "https://grantbishop.pages.dev/claims/market-pays-less-for-earnings"
   }
  }
 ],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}