Net debt as of June 30, 2026
Company: CoreWeave
The claim, verbatim
CoreWeave had approximately $29.5 billion in net debt as of June 30, 2026, a net debt-to-annualized revenue ratio of 2.9x.
Source (primary)
Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “CoreWeave is shown with approximately $29.5 billion in net debt”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The article's June 30, 2026 comparison shows CoreWeave with about $29.5 billion in net debt and a 2.9x net debt-to-annualized revenue ratio.
Confirmed in the source:
- CoreWeave had approximately $29.5 billion in net debt as of June 30, 2026
- CoreWeave's net debt-to-annualized revenue ratio was 2.9x
What we did: Read our cached copy of the publisher (https://io-fund.com/ai-stocks/nebius-vs-coreweave-ai-stock) in full (16,847 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund
Quote: “CoreWeave is shown with approximately $29.5 billion in net debt”