CoreWeave Signs Short-Term Contracts at $40 Million per Megawatt in Q3

08:01 AM EDT, 09/17/2026 (MT Newswires) -- CoreWeave (CRWV) signed short-dated customer contracts in Q3 with terms of approximately three to six months at around $40 million per megawatt, the company said Thursday. The fee is calculated as annualized revenue divided by the power required to service the related clusters, CoreWeave said. Additionally, CoreWeave added more than $25 billion of net new customer commitments in early Q3. The company also increased its total contracted power to approximately 4.2 gigawatts as of Aug. 11 from approximately 3.7 GW as of June 30.