The Definitive Guide toAI Data Centers
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EBITDA

Earnings before interest, taxes, depreciation and amortization; a proxy for operating cash generation.

Current numbers

~$99.4B (~19x)CoreWeave backlog vs revenue — single-anchor concentration; FY25 rev $5.13B, interest ~40% of adj. EBITDAas of 2026-03 · register ↗

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