CoreWeave Contracted Backlog Poised to Reach $150 Billion Before 2028
CoreWeave expects contracted backlog to surpass $150 billion well before the end of 2027, implying about $46 billion in net additions from the current $104.2 billion level. It cites 28% annual growth assumptions, $2.6 billion of second-quarter revenue (up 112% year over year), over $25 billion in net new customer commitments, and an expected 2026 annualized revenue run rate of $18.5 billion to $19.5 billion.