CoreWeave Earnings Today: The $18 Billion Number Explained

CoreWeave reports Q2 2026 results after the close on August 11. Shares are down 30% since May. Managers said in May they expect $18 billion in annual recurring revenue by year-end — money the business can count on like a subscription. Full-year revenue guidance stands at $12–13 billion. Whether that $18 billion holds tells us if signed deals are turning into real sales.