Revenue backlog in Q2
Company: CoreWeave
The claim, verbatim
Revenue backlog reached $104 billion, up 246% year-over-year
Source (primary)
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity - Yahoo Finance (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “The revenue backlog even reached $104 billion, an increase of 246% from the year earlier.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
Both the backlog amount and the year-over-year growth rate appear in the article's CoreWeave section.
Confirmed in the source:
- CoreWeave's revenue backlog reached $104 billion
- The backlog figure represented a 246% increase from a year earlier
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/smci-vs-coreweave-1-ai-113002988.html) in full (13,617 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity - Yahoo Finance
Quote: “The revenue backlog even reached $104 billion, an increase of 246% from the year earlier.”