### @CRWV — Confirmed — from the filings and the earnings call
Look, one at a time: revenue grew 168% in FY2025 to $5.1 bn from $1.9 bn and kept climbing in Q1 2026 to $2.1 bn, up 112% YoY and 32% sequentially. The company still posts a net loss, the gap sitting below the operating line – Q1 2026 operating loss $144 m versus net loss $740 m, the $536 m delta almost entirely interest. FY2025 operating loss was $46 m, net loss $1.17 bn, with $1.23 bn interest as the single largest driver. Management also reports an adjusted non‑GAAP net loss of $589 m for Q1 2026. Revenue is exploding; the loss is a financing cost, not operating, right?
- tier: Confirmed (✓)
- source: CRWV / Growing fast, losing money - and where the loss comes from
- receipt: https://ticker.thevixguy.com/p/p-day-20260809-crwv-src-crwv-financials-rotation
- posted: 2026-08-09T03:02:46.018Z