CoreWeave announced a $2.5 billion revolving credit facility, an increase from the $1.5 billion line it previously held. The new facility extends the maturity date to November 2029 and is led by JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley and MUFG, with participation from other financial institutions.
The expansion follows CoreWeave’s Q3 2025 results, in which the company reported $1.4 billion in revenue—up 134% year‑over‑year—while posting a net loss of $110.1 million. Adjusted operating margin reached 15.9%, and the company’s debt load stood at roughly $18.8 billion. The credit line is intended to support the company’s aggressive capital‑expenditure plan, which is projected to be $12–$14 billion in 2025 and more than double that in 2026.
CoreWeave’s growth strategy centers on expanding GPU‑accelerated data‑center capacity to meet surging demand for AI computing. The facility provides the liquidity needed to secure new contracts with major clients such as Meta and OpenAI, and to compete with cloud giants like Amazon EC2 and Microsoft Azure, as well as specialized providers in the AI infrastructure market.
Brannin McBee, Co‑Founder and Chief Development Officer, said the facility “underscores confidence in our differentiated business model and gives us the flexibility to execute on our growth roadmap.” Michael Intrator, CEO, highlighted the company’s record revenue and a backlog of $55.6 billion, noting that disciplined execution across infrastructure, capacity expansion, and customer relationships underpins the results.
Analysts have expressed concerns about supply‑chain delays that have impacted revenue timing, leading to downgrades and reduced guidance. Despite these headwinds, the credit expansion signals management’s confidence in meeting demand and maintaining liquidity in a volatile market.
The new facility strengthens CoreWeave’s balance sheet, providing a buffer for capital investments and mitigating risk from market volatility. It positions the company to capture the expanding AI compute market while managing its debt profile.
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