CoreWeave earnings forecast shows sales growth of 100% while EPS declines 48% year-over-year, with $66.8 billion sales backlog at end of FY25

CoreWeave (CRWV), a high-performance cloud provider offering access to computing chips for AI model training, is set to report earnings this week during Q1 2026 earnings season.

Sales are forecasted to grow by 100% year-over-year, while earnings per share (EPS) are forecasted to fall 48% YoY, reflecting significant spending on AI infrastructure to support heavy computing needs.

The company's sales backlog totaled $66.8 billion at the end of its FY25, described as a record; analysts note backlog results will be the biggest driver behind post-earnings sentiment rather than EPS revisions.

CoreWeave maintains a strategic partnership and significant ownership relationship with NVIDIA, giving it early access to NVIDIA chips that form the foundation of its AI infrastructure.