Projected total net debt $17.3B (3.0x EBITDA)
Company: CoreWeave
The claim, verbatim
CoreWeave projects total net debt of $17,284 million, which is 3.0x its run-rate Adjusted EBITDA. It also projects total net secured debt of $13,784 million, or 2.4x.
Source (primary)
coreweave 8-K exhibit (d867513dex992.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “Projected Total Net Debt $17,284 3.0x (3)(4) Projected Total Net Secured Debt $13,784 2.4x”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The projected financial information table shows these figures and multiples. The multiples are consistent with the $5,777 million run-rate Adjusted EBITDA presented alongside them.
Confirmed in the source:
- Projected total net debt is $17,284 million, or 3.0x
- Projected total net secured debt is $13,784 million, or 2.4x
- The multiples are relative to the $5,777 million 1Q'25 LTM Run-Rate Adjusted EBITDA
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1769628/000119312525161520/d867513dex992.htm) in full (14,931 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms coreweave 8-K exhibit (d867513dex992.htm)
Quote: “Projected Total Net Debt $17,284 3.0x (3)(4) Projected Total Net Secured Debt $13,784 2.4x”