CoreWeave revenue and financials
$91.72Change from previous close: +4.95%Absolute change: +$4.33
In the fiscal year ended December 2025, CoreWeave reported revenue of $5.13B (+167.94% year over year). The net loss was $1.17B.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +167.94%
- 2025 vs 2024
- Net margin
- -22.7%
- 2024: -45.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 77,070 | 55,573 | 49,302 | 32,910 | 26,241 | 21,860 | 17,833 | 14,136 | — | — | 4,977 |
| Current assets | 9,520 | 5,609 | 7,488 | 4,731 | 3,946 | 3,103 | 1,916 | 2,053 | — | — | 502 |
| Cash and equivalents | 5,524 | 2,244 | 3,127 | 1,894 | 1,153 | 1,276 | 1,361 | 1,355 | — | — | 217 |
| Short-term investments | 15.0 | 22.0 | 34.0 | 47.4 | — | — | — | 1.2 | — | — | 2.4 |
| Receivables | 2,541 | 2,120 | 3,169 | 1,659 | 1,934 | 1,055 | 417 | 499 | — | — | 183 |
| Net property, plant and equipment | 63,331 | 46,606 | 38,788 | 25,336 | 20,012 | 17,274 | 14,505 | 10,909 | — | — | 3,946 |
| Goodwill | 1,101 | 1,101 | 1,101 | 830 | 813 | 19.5 | 20.0 | 19.5 | — | — | 19.5 |
| Other intangible assets | 245 | 224 | 235 | 200 | 206 | 4.4 | 5.0 | 5.4 | — | — | 7.0 |
| Long-term investments | 638 | 49.0 | 117 | 112 | 174 | 102 | 102 | 101 | — | — | 42.1 |
| Current liabilities | 20,917 | 17,818 | 16,440 | 9,715 | 7,556 | 7,131 | 4,963 | 3,968 | — | — | 998 |
| Accounts payable | 3,633 | 3,371 | 1,623 | 1,157 | 1,227 | 1,242 | 868 | 1,009 | — | — | 456 |
| Long-term debt | 27,560 | 17,312 | 14,666 | 10,324 | 7,424 | 4,935 | 5,458 | 3,446 | — | — | 1,351 |
| Total debt | 51,608 | 35,147 | 29,822 | 18,808 | 14,562 | — | — | — | — | — | — |
| Total liabilities | 72,046 | 50,814 | 45,967 | 29,032 | 22,421 | 18,791 | 16,525 | 12,758 | — | — | 5,109 |
| Total equity (incl. minority) | 5,024 | 4,759 | 3,335 | 3,878 | 3,821 | 3,069 | 1,308 | 1,378 | — | -132 | -132 |
| Retained earnings | -4,009 | -3,383 | -2,643 | -2,192 | -2,081 | -1,791 | -1,476 | -1,425 | — | — | -613 |
