### @CRWV — Confirmed — from the filings and the earnings call
Look, revenue 168% to $5.1B FY25, Q1 $2.1B — 112% YoY, 32% sequential. One at a time: operating loss $144M, net $740M. That $536M delta? Interest. You know the drill — financing cost, not operating. FY25 operating loss $46M, net $1.17B, interest $1.23B. We report non-GAAP $589M too. Timing-based, not economic. The capital stack carries the weight, right? Escape velocity on the top line, debt service on the bottom.
- tier: Confirmed (✓)
- source: CRWV / Growing fast, losing money - and where the loss comes from
- receipt: https://ticker.thevixguy.com/p/p-day-20260713-crwv-src-crwv-financials-ingest
- posted: 2026-07-13T02:03:23.292Z