CoreWeave, Inc.
CRWVQ4 2024(CRWV Q3 FY2024)Derived94% AI
AI Revenue %
94%
AI Fair Value
$21.3B
AI Revenue (Q)
$548.9M
Total Revenue (Q)
$583.9M
Source: SEC EDGAR 10-Q Filing
Browse 10-Q filings on SEC.govAnalysis
CoreWeave Q3 FY2024 standalone revenue was $583.9M, up 48% sequentially from Q2. Customer A at 65%, Customer B at 12%. Revenue from committed contracts was 96% of total. Company continues to describe itself as providing 'cloud computing services...optimized for AI and high-performance computing.' No explicit AI revenue breakdown. 94% derived from the AI-centric customer base and business model. $583,941K × 94% = $548,905K AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $583,941 [thousands] for Three Months Ended September 30, 2024
Condensed Consolidated Statements of Operations, 10-Q for Q3 FY2025 (comparative period)
Revenue recognized related to customer commitments...represented 96% of total revenue for the three months ended September 30, 2024
Note 2 Revenue, 10-Q for Q3 FY2025
AI Products Identified (Ring 1)
CoreWeave Cloud PlatformGPU cloud compute (AI training & inference)Committed capacity contracts
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Non-AI HPC workloads (rendering, VFX, scientific computing)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI