CoreWeave, Inc. (CRWV) income statement
NASDAQ · Technology · Software - Infrastructure · 2,189 employees · CEO Michael N. Intrator
- Price
- $54.87 -9.66%
- Market cap
- $30.3B
- Enterprise value
- $75.5B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-10 EPS est. -$1.28
CoreWeave, Inc. (CRWV) reported revenue of $2.58B for Q2 '26 (+112.5% year on year), operating income of -$49M (-1.9% of revenue) and net income of -$626M. Over the last four quarters revenue was $7.59B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $116M | $189M | $395M | $584M | $747M | $982M | $1.21B | $1.36B | $1.57B | $2.08B | $2.58B | |
| Cost of revenue | $34.8M | $59.2M | $109M | $143M | $182M | $262M | $313M | $369M | $509M | $716M | $879M | |
| Gross profit | $81.1M | $129M | $287M | $441M | $565M | $720M | $899M | $996M | $1.06B | $1.36B | $1.7B | |
| Sales & marketing | $4.57M | $4.05M | $4.17M | $4.55M | $5.61M | $11M | $36M | $44.6M | $52M | $69M | $60M | |
| General & administrative | $12.5M | $15.7M | $21.8M | $33.6M | $47.6M | $175M | $174M | $152M | $150M | $164M | $178M | |
| Other operating expenses | $65.9M | $92.9M | $183M | $286M | $399M | $561M | $670M | $747M | $950M | $1.27B | $1.51B | |
| Operating expenses | $83M | $113M | $209M | $324M | $453M | $747M | $880M | $944M | $1.15B | $1.51B | $1.75B | |
| Operating income | -$1.82M | $16.8M | $77.7M | $117M | $113M | -$27M | $19M | $51.9M | -$89.6M | -$144M | -$49M | |
| Interest expense | $16.1M | $40.7M | $66.8M | $104M | $149M | $264M | $267M | $311M | $388M | $536M | $640M | |
| Other non-operating income (gains on investments, FX ...) | $136M | $90M | $294M | $331M | -$7.02M | -$22M | -$6M | -$21.9M | -$10.4M | -$24M | -$125M | |
| Total non-operating income | -$153M | -$131M | -$361M | -$435M | -$142M | -$242M | -$261M | -$289M | -$377M | -$512M | -$515M | |
| Income before tax | -$154M | -$114M | -$283M | -$318M | -$29.3M | -$269M | -$242M | -$237M | -$467M | -$656M | -$564M | |
| Income tax | $16.2M | $15.4M | $40.2M | $41.7M | $22M | $46M | $48M | -$127M | -$15.1M | $84M | $62M | |
| Net income | -$171M | -$129M | -$323M | -$360M | -$51.4M | -$315M | -$290M | -$110M | -$452M | -$740M | -$626M | |
| EPS (basic) | -$0.42 | -$0.32 | -$0.84 | -$0.84 | -$0.17 | -$1.40 | -$0.60 | -$0.22 | -$0.89 | -$1.40 | -$1.14 | |
| EPS (diluted) | -$0.42 | -$0.32 | -$0.84 | -$0.84 | -$0.17 | -$1.49 | -$0.60 | -$0.22 | -$0.89 | -$1.40 | -$1.14 | |
| Shares (basic, weighted) | 198M | 208M | 210M | 214M | 239M | 246M | 483M | 498M | 506M | 527M | 551M | |
| Shares (diluted, weighted) | 198M | 209M | 210M | 214M | 239M | 249M | 487M | 498M | 506M | 527M | 551M | |
| Depreciation & amortization | $53.3M | $79.5M | $164M | $254M | $365M | $443M | $560M | $630M | $821M | $1.15B | $1.39B | |
| EBITDA | -$85M | $6.32M | -$51.6M | $40.3M | $485M | $438M | $585M | $704M | $741M | $1.03B | $1.47B |
| Income statement | Trend | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $15.8M | $229M | $1.92B | $5.13B | |
| Cost of revenue | $12.1M | $69M | $493M | $1.45B | |
| Gross profit | $3.71M | $160M | $1.42B | $3.68B | |
| Sales & marketing | $2.48M | $13M | $18M | $144M | |
| General & administrative | $6M | $30M | $119M | $651M | |
| Other operating expenses | $18.1M | $131M | $961M | $2.93B | |
| Operating expenses | $26.6M | $174M | $1.1B | $3.72B | |
| Operating income | -$22.9M | -$14M | $324M | -$46M | |
| Interest expense | $9.44M | $28M | $361M | $1.23B | |
| Other non-operating income (gains on investments, FX ...) | $2.69M | $516M | $707M | -$60M | |
| Total non-operating income | -$12.1M | -$544M | -$1.07B | -$1.17B | |
| Income before tax | -$35M | -$558M | -$744M | -$1.22B | |
| Income tax | -$4.15M | $36M | $119M | -$48M | |
| Net income | -$31.1M | -$594M | -$863M | -$1.17B | |
| EPS (basic) | -$0.08 | -$1.47 | -$2.02 | -$2.75 | |
| EPS (diluted) | -$0.08 | -$1.47 | -$2.02 | -$2.81 | |
| Shares (basic, weighted) | 182M | 192M | 218M | 435M | |
| Shares (diluted, weighted) | 181M | 192M | 218M | 435M | |
| Depreciation & amortization | $11.7M | $103M | $863M | $2.45B | |
| EBITDA | -$13.9M | -$427M | $480M | $2.47B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30
Data as of 2026-11-02