CoreWeave (CRWV) financials
CoreWeave revenue and earnings by year
CoreWeave's revenue was $5.13 billion in the fiscal year to December 31, 2025, up 167.9% from the year before. Net income was -$1.17 billion, -22.7% of revenue. Since the fiscal year to December 31, 2022, revenue has grown 586.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 4 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Revenue | 5.13 | 1.92 | 0.23 | 0.02 |
| Revenue growth | 167.9% | 736.2% | 1346.6% | — |
| Gross profit | 3.68 | 1.42 | 0.16 | 0.00 |
| Gross margin | 71.7% | 74.3% | 69.9% | 23.4% |
| Operating income | -0.05 | 0.32 | -0.01 | -0.02 |
| Operating margin | -0.9% | 16.9% | -6.1% | -144.5% |
| Net income | -1.17 | -0.86 | -0.59 | -0.03 |
| Net margin | -22.7% | -45.1% | -259.4% | -196.2% |
| Diluted EPS | -$2.81 | -$4.30 | — | — |
| Free cash flow | -7.25 | -5.95 | -1.11 | -0.07 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CRWV in Markets.
See also: CRWV returns
No forecast, no recommendation. This page describes CoreWeave from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.