jain.com

Revenue backlog ~$104B at end of Q2 2026

Company: CoreWeave

Subject kind
customer
Statement date
2026-10-12
Promised amount
104000000000.0 USD
Current status
stated

The claim, verbatim

At the end of Q2 2026, CoreWeave's revenue backlog (contracted revenue not yet recognized) stood at roughly $104 billion.

Source (primary)

CoreWeave (CRWV) Has a $104B Backlog. Can Its Balance Sheet Keep Up? - Yahoo Finance (-, news_article)
View cached copy (2026-10-13)Live source ↗Archive.org ↗

Quote: “At the end of the second quarter of 2026, its revenue backlog (contracted revenue not yet recognized) stood at roughly $104 billion.”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article states the roughly $104 billion backlog figure as of the end of Q2 2026, along with this definition of backlog.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/coreweave-crwv-104b-backlog-balance-123602262.html) in full (13,036 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CoreWeave (CRWV) Has a $104B Backlog. Can Its Balance Sheet Keep Up? - Yahoo Finance

Quote: “At the end of the second quarter of 2026, its revenue backlog (contracted revenue not yet recognized) stood at roughly $104 billion.”

View cached copy (2026-10-13)Live source ↗Archive.org ↗