Skip to content
MARKETS / NASDAQ / CRWV
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

CoreWeave, Inc. CRWV

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$5.1B
▲ 167.9% YoY
$-1.2B
$-7.3B
In brief

What this company does

CoreWeave operates the CoreWeave Cloud platform, which enables the full lifecycle of AI, including large-scale model training, inference, data movement, continuous iteration and agentic workflows. It delivers its cloud services through Infrastructure Services, Managed Software Services and Application Software Services, including proprietary storage solutions, CoreWeave Mission Control and developer tools. It operates a distributed portfolio of data centers across the United States, Europe and Canada, in six countries in total. As of December 31, 2025, it operated 43 data centers with over 850 MW of active power. As of December 31, 2025, its total contracted power capacity was approximately 3.1 GW. As of December 31, 2025, it had 2,189 employees, with 1,967 in the United States and 222 in 19 other countries.

Written from the business description in CoreWeave, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 5.1B
Revenue, FY2025 · full 3-year series below
Revenue $B Net income $B
FY2025 · Revenue 5.1 · Net income -1.2
2.0B4.0B-0.4B-0.8B202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−23 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -0.9% · Net -22.7%
-100%-200%202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Each USD of equity lost 80 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -7.3
-2.5B-5.0B202320242025

Total assetsUSD 49.3B
EquityUSD 3.3B
CashUSD 3.1B
Gross debtUSD 21.4B
Net debtUSD 18.2B
Current ratio0.46×

Net debt stands at 547% of equity.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023
Revenue $B5.11.90.2
Operating income $B−0.00.3−0.0
EBITDA $B2.41.20.1
Income tax $B−0.00.10.0
Net income $B−1.2−0.9−0.6
Free cash flow $B−7.3−6.0−1.1
EPS, diluted $−2.81−4.30−3.09
Dividend / sh $0.000.00·
Payout %···
ROE %−79.9··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 10 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 82 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2023

Share this section

Download image