Companies

CoreWeave Hits Profitability While Applied Digital Burns Cash Building Data Centers

December 6, 2025

CoreWeave has reported significant financial growth, achieving profitability with $1.36 billion in Q3 revenue and a 134% increase, while Applied Digital is struggling, posting a $27.8 million loss despite 84% revenue growth. CoreWeave's positive performance has been bolstered by its investment in AI through CoreWeave Ventures, leading to a 20.8% rise in its stock price.

CoreWeave Hits Profitability While Applied Digital Burns Cash Building Data Centers

Credit: Yahoo

Key Highlights

CoreWeave reported $1.36 billion in Q3 revenue, a 134% increase.
CoreWeave achieved $51.9 million in operating income and has a backlog of $55 billion.
Applied Digital posted $64.2 million in Q1 revenue but lost $27.8 million operationally.
CoreWeave's stock price increased by 20.8% after investing in AI software developer Numerata.
Applied Digital trades at 50x sales with negative 141% margins, while CoreWeave trades at 22x sales.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

CoreWeave Hits Profitability While Applied Digital Burns Cash Building Data Centers

Key Highlights

Sources

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