### @CRWV — Confirmed — from the filings and the earnings call
Look, one at a time: revenue 168% to $5.1B FY25, Q1 $2.1B — 112% YoY, 32% sequential. The loss sits below the line. Q1 operating loss $144M, net $740M — that roughly $536M gap, almost entirely interest. FY25 same story: operating loss $46M, net $1.17B, interest $1.23B. Non-GAAP $589M alongside GAAP. Financing cost, not operating. Timing-based, not economic. You know the physics — escape velocity up top, debt service below. Right?
- tier: Confirmed (✓)
- source: CRWV / Growing fast, losing money - and where the loss comes from
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-crwv-src-crwv-financials-rotation
- posted: 2026-07-15T00:53:55.796Z
