CoreWeave's Leverage Shows Strong Unit Economics, CEO Says -- Market Talk

Dow Jones01:45

1345 ET - CoreWeave's unit-level economics are strong, CEO Mike Intrator says in a CNBC interview, noting that lenders in the debt markets continue to underwrite the company's spending plans despite investor skepticism. "The leverage that you're going to see, that you didn't see this quarter, has a lot to do with the rate at which we are growing," he says. "What you are going to see, as we get toward the back of 2026, an enormous acceleration of that leverage that everybody's waiting for." The company remains confident in its revenue and margin targets this year, he says. "We understand the physical ramp associated with bringing compute to market," he says. "You're seeing it work through the numbers and you're going to see an inflection as you move through Q3 and Q4 of this year." CoreWeave slides 12%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

May 08, 2026 13:45 ET (17:45 GMT)

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