Weighted Average Cost of Debt Reduction
Company: CoreWeave
The claim, verbatim
Over the past year, CoreWeave reduced its weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest savings.
Source (primary)
CoreWeave's Interest Expense Hit $640 Million Last Quarter, 2.4 Times What It Was a Year Ago - The Motley Fool (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “Over the past year, we have reduced our weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest saving based on our end of Q2 debt load”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article quotes CFO Nitin Agrawal saying this on the second-quarter earnings call.
Confirmed in the source:
- CoreWeave reduced its weighted average cost of debt by almost 300 basis points over the past year.
- The reduction represents approximately $1.1 billion of annualized interest savings, based on the end-of-Q2 debt load.
What we did: Read our cached copy of the publisher (https://www.fool.com/investing/2026/09/01/coreweave-s-interest-expense-hit-usd640-million-last-quarter-2-4-times-what-it-was-a-year-ago/) in full (11,541 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave's Interest Expense Hit $640 Million Last Quarter, 2.4 Times What It Was a Year Ago - The Motley Fool
Quote: “Over the past year, we have reduced our weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest saving based on our end of Q2 debt load”
confirms CoreWeave's Interest Expense Hit $640 Million Last Quarter, 2.4 Times What It Was a Year Ago - Yahoo Finance
Quote: “Over the past year, we have reduced our weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest saving based on our end of Q2 debt load”
confirms CoreWeave's Interest Expense Hit $640 Million Last Quarter, 2.4 Times What It Was a Year Ago - The Globe and Mail
Quote: “Over the past year, we have reduced our weighted average cost of debt by almost 300 basis points, representing approximately $1.1 billion of annualized interest saving based on our end of Q2 debt load”