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CoreWeave10-K: Backlog growth

Remaining Performance Obligations (RPO) quadrupled from $15.1B to $60.7B in one year

What happened

The company's backlog of contracted future revenue surged to $60.7 billion, a 302% year-over-year increase. This massive, guaranteed revenue stream provides budget certainty for large-scale infrastructure and software investments needed to service these multi-year contracts.

Source

SEC EDGARMar 2, 2026

Annual report (Form 10-K)

CoreWeave 10-K for FY2025

Filing excerpt

As of December 31, 2025, we had $60.7 billion of remaining performance obligations ("RPO"), compared to $15.1 billion of RPO as of December 31, 2024.

sec.gov/Archives/edgar/data/1769628/000176962826000104/crwv-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Backlog growth

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Mar 2, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$60.7B (Remaining Performance Obligations as of Dec 31, 2025)
Percent
302% (Year-over-year growth in RPO)

Details

CIK
1769628
Accession number
0001769628-26-000104
Timeframe
Current year
Filing year
2026
Why it matters
Capacity/fulfillment needs
Signal category
Revenue

Topics and mentions

Technologies

  • AI
  • Kubernetes
  • Slurm
  • GPU
  • CPU
  • InfiniBand
  • RDMA over Converged Ethernet
  • VPC

Vendors

  • NVIDIA
  • AMD
  • Intel
  • Weights & Biases
  • Taiwan Semiconductor Manufacturing Company

Regions named

  • North America
  • Europe

Extraction

Confidence
High
Relevance
100%
Sentiment
Positive
Detected
Mar 3, 2026
signal_type
sec-10k
signal_subtype
backlogGrowth

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c7943742-0610-434e-9066-d444c6ab95ff returns this record as JSON. POST /v1/companies/enrich returns every signal for coreweave.com.

{
  "signal_id": "c7943742-0610-434e-9066-d444c6ab95ff",
  "signal_type": "sec-10k",
  "signal_subtype": "backlogGrowth",
  "detected_at": "2026-03-03T05:55:04.661+00:00",
  "company": {
    "name": "CoreWeave",
    "domain": "coreweave.com"
  },
  "data": {
    "detail": "The company's backlog of contracted future revenue surged to $60.7 billion, a 302% year-over-year increase. This massive, guaranteed revenue stream provides budget certainty for large-scale infrastructure and software investments needed to service these multi-year contracts.",
    "metrics": {
      "pct": 3.02,
      "timeframe": "current_year",
      "pct_context": "Year-over-year growth in RPO",
      "dollar_context": "Remaining Performance Obligations as of Dec 31, 2025",
      "dollar_millions": 60700
    },
    "summary": "Remaining Performance Obligations (RPO) quadrupled from $15.1B to $60.7B in one year",
    "excerpts": "As of December 31, 2025, we had $60.7 billion of remaining performance obligations (\"RPO\"), compared to $15.1 billion of RPO as of December 31, 2024.",
    "relevance": 1,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000104/crwv-20251231.htm",
    "filing_date": "2026-03-02",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Capacity/fulfillment needs",
    "signal_category": "revenue",
    "regions_mentioned": [
      "North America",
      "Europe"
    ],
    "vendors_mentioned": [
      "NVIDIA",
      "AMD",
      "Intel",
      "Weights & Biases",
      "Taiwan Semiconductor Manufacturing Company"
    ],
    "technologies_mentioned": [
      "AI",
      "Kubernetes",
      "Slurm",
      "GPU",
      "CPU",
      "InfiniBand",
      "RDMA over Converged Ethernet",
      "VPC"
    ]
  }
}

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