, 9 min read
CoreWeave's Business Is Working. Its Interest Bill Is Still Bigger Than Its Profit
CoreWeave beat on revenue, raised guidance and grew its backlog to $132.5 billion. But it paid $846 million in interest against $207 million of operating income, and it carries about $47 billion of debt. Here's how its plan to fund 2027 works, in plain English, and what I'm watching.