CoreWeave Financial Statements
NASDAQ: CRWVTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CoreWeave revenue and earnings
In fiscal 2025, CoreWeave generated $5.13 billion in revenue, up 167.9% from fiscal 2024, its 2nd consecutive year of revenue growth. CoreWeave reported a net loss of $1.17 billion, compared with a loss of $863.0 million a year earlier. Gross margin was 71.7% (down from 74.3%) and operating margin -0.9%.
Diluted earnings per share came in at -$2.81. Over the last 2 fiscal years, CRWV's revenue has grown at a 373.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
CoreWeave income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Revenue | 5.13B | 1.92B | 229.00M |
| Revenue growth (YoY) | +167.94% | +736.24% | — |
| Cost of Revenue | 1.45B | 493.00M | 69.00M |
| Gross Profit | 3.68B | 1.42B | 160.00M |
| Operating Expenses | 3.72B | 1.10B | 174.00M |
| Research & Development | 352.00M | 56.00M | 21.00M |
| Selling, General & Admin | 795.00M | 137.00M | 43.00M |
| Operating Income | -46.00M | 324.00M | -14.00M |
| Interest Expense | 1.15B | 349.00M | 27.00M |
| Other Income (Expense) | 33.00M | 49.00M | 18.00M |
| Pretax Income | -1.22B | -744.00M | -558.00M |
| Income Tax | -48.00M | 119.00M | 36.00M |
| Net Income | -1.17B | -863.00M | -594.00M |
| Net Income growth (YoY) | — | — | — |
| EPS (Basic) | -2.75 | -4.30 | -3.09 |
| EPS (Diluted) | -2.81 | -4.30 | -3.09 |
| Shares Outstanding (Basic) | 435.00M | 218.00M | 192.00M |
| Shares Outstanding (Diluted) | 436.00M | 218.00M | 192.00M |
| EBITDA | 2.41B | 1.19B | 89.00M |
| Gross Margin | 71.68% | 74.26% | 69.87% |
| Operating Margin | -90.00% | 16.92% | -6.11% |
| Net Margin | -22.74% | -45.07% | -259.39% |
This table shows 3 annual periods of CoreWeave's income statement, from FY 2025 back to FY 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CRWV's reporting calendar. What is a income statement?