Revenue backlog from long-term customer take-or-pay contracts
Company: CoreWeave
The claim, verbatim
CoreWeave has a revenue backlog of $104.2 billion at end of Q2 2026, built through long-term take-or-pay contracts, representing approximately 40 times quarterly revenue
Source (primary)
CoreWeave Is A Diversifier That Does Not Calm The Ride - Trefis (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “CoreWeave reported a revenue backlog of $104.2 billion at the end of the second quarter of 2026, roughly forty times the $2.6 billion of revenue it booked in that same quarter, built through long-term take-or-pay contracts.”
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Additional evidence
confirms CoreWeave Is A Diversifier That Does Not Calm The Ride - Trefis
Quote: “CoreWeave reported a revenue backlog of $104.2 billion at the end of the second quarter of 2026, roughly forty times the $2.6 billion of revenue it booked in that same quarter, built through long-term take-or-pay contracts.”