# CoreWeave Inc beat analysts' estimates for quarterly revenue on Thursday.

*genai · news · 2026-05-08 · The Economic Times*

## Key points

- CoreWeave reported Q1 revenue of $2.08 billion, surpassing analyst estimates of $1.97 billion.
- CoreWeave's operating expenses more than doubled to $2.22 billion in the first quarter.
- CoreWeave has a $99.4 billion revenue backlog as of March 31, up from $66.8 billion in December.
- The company secured new cloud computing deals with Meta ($21B), Jane Street ($6B), and Anthropic.

**Companies:** Meta, CoreWeave, Jane Street, Anthropic

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/coreweave-tops-revenue-estimates-as-ai-boom-supercharges-cloud-demand/articleshow/130946848.cms)

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