CoreWeave revenue and financials
$90.94Change from previous close: +4.06%Absolute change: +$3.55
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 |
|---|---|---|---|---|---|---|
| Total revenue | 2,575 | 2,078 | 1,572 | 1,365 | 1,212 | — |
| Cost of revenue | 879 | 716 | 509 | 369 | 313 | — |
| Gross profit | 1,696 | 1,362 | 1,063 | 996 | 899 | — |
| Selling, general and administrative | 238 | 233 | 202 | 197 | 210 | — |
| Operating income | -49.0 | -144 | -89.6 | 51.9 | 19.0 | — |
| EBIT | 76.0 | -120 | -79.2 | 73.8 | 25.0 | — |
| EBITDA | 1,469 | 1,027 | 741 | 704 | 585 | — |
| Interest expense | 640 | 536 | 388 | 311 | 267 | — |
| Pre-tax income | -564 | -656 | -467 | -237 | -242 | — |
| Income tax | 62.0 | 84.0 | -15.1 | -127 | 48.0 | — |
| Net income | -626 | -740 | -452 | -110 | -290 | — |
| Net income to common shareholders | -626 | -740 | -452 | -110 | -290 | — |
| Basic EPS | -1.14 | -1.40 | -0.89 | -0.22 | -0.60 | — |
| Diluted EPS | -1.14 | -1.40 | -0.89 | -0.22 | -0.60 | — |
| Average shares (basic) | 551 | 527 | 506 | 498 | 487 | — |
| Average shares (diluted) | 551 | 527 | 506 | 498 | 487 | — |