jain.com

Revenue backlog of $104.2B at end of June 2026

Company: CoreWeave

Subject kind
customer
Statement date
2026-11-05
Current status
stated

The claim, verbatim

Management put CoreWeave's revenue backlog (contracted sales not yet recognized) at $104.2 billion at the end of June 2026, up 246% year over year.

Source (primary)

What Is Driving The Fall In CoreWeave Stock? - Yahoo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “Management put the company's revenue backlog, which reflects contracted sales not yet recorded as revenue, at $104.2 billion at the end of June. That is up 246% from a year earlier.”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article attributes the $104.2 billion end-of-June backlog figure to management, defines it as contracted sales not yet recorded as revenue, and reports a 246% year-over-year increase.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/driving-fall-coreweave-stock-103639917.html) in full (10,457 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms What Is Driving The Fall In CoreWeave Stock? - Yahoo Finance

Quote: “Management put the company's revenue backlog, which reflects contracted sales not yet recorded as revenue, at $104.2 billion at the end of June. That is up 246% from a year earlier.”

View cached copy (2026-11-10)Live source ↗Archive.org ↗