Q1 2025 revenue growth and scaling capability
Company: CoreWeave
The claim, verbatim
Company reported Q1 2025 revenue increased $793 million or 420% compared to Q1 2024, attributed to strong customer demand and ability to rapidly scale operations
Source (primary)
ROY v. INTRATOR — Entry #1: COMPLAINT against NITIN AGRAWAL, KAREN BOONE, JACK COGEN, COREWEAVE, INC., GLENN HUTCHINS, MICHAEL INTRATOR, BRANNIN MCBEE, BRIAN VENTURO, MARGARET WHITMAN (… (RECAP, court_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “Revenue for the three months ended March 31, 2025 increased by $793 million, or 420%, compared to the three months ended March 31, 2024. This substantial growth was related to increased demand from both existing and new customer contracts and our ability to rapidly scale our operations, emphasizing the strength of our customer relationships and our ability to meet the evolving needs of the industry.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The complaint quotes CoreWeave's 1Q 2025 Form 10-Q making these figures and attributions.
Confirmed in the source:
- CoreWeave reported that revenue for the quarter ended March 31, 2025 rose $793 million, or 420%, from the same quarter of 2024
- The company attributed the growth to increased demand from existing and new customer contracts
- The company also attributed the growth to its ability to rapidly scale its operations
What we did: Read our cached copy of RECAP (https://storage.courtlistener.com/recap/gov.uscourts.njd.591518/gov.uscourts.njd.591518.1.0.pdf) in full (120,373 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms ROY v. INTRATOR — Entry #1: COMPLAINT against NITIN AGRAWAL, KAREN BOONE, JACK COGEN, COREWEAVE, INC., GLENN HUTCHINS, MICHAEL INTRATOR, BRANNIN MCBEE, BRIAN VENTURO, MARGARET WHITMAN (…
Quote: “Revenue for the three months ended March 31, 2025 increased by $793 million, or 420%, compared to the three months ended March 31, 2024. This substantial growth was related to increased demand from both existing and new customer contracts and our ability to rapidly scale our operations, emphasizing the strength of our customer relationships and our ability to meet the evolving needs of the industry.”