CoreWeave Quarterly Income Statement
NASDAQ: CRWVTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 81.93 -0.18%
CoreWeave revenue and earnings
In the quarter ended Jun 30, 2026, CoreWeave generated $2.58 billion in revenue, up 112.5% from the same quarter a year earlier. CoreWeave reported a net loss of $626.0 million, compared with a loss of $290.0 million a year earlier. Gross margin was 65.9% (down from 74.2%) and operating margin -1.9%.
Diluted earnings per share came in at -$1.14.
Summary generated from market data by MetaCap's automated system. Methodology
CoreWeave income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.58B | 2.08B | 1.57B | 1.36B | 1.21B | 982.00M | 747.00M | 583.94M | 395.37M | 188.68M |
| Revenue growth (YoY) | +112.46% | +111.61% | +110.43% | +133.70% | +206.55% | +420.45% | — | — | — | — |
| Cost of Revenue | 879.00M | 716.00M | 509.12M | 368.82M | 313.00M | 262.00M | 181.81M | 143.13M | 108.84M | 59.22M |
| Gross Profit | 1.70B | 1.36B | 1.06B | 995.85M | 899.00M | 720.00M | 565.20M | 440.81M | 286.53M | 129.46M |
| Operating Expenses | 1.75B | 1.51B | 1.15B | 944.00M | 880.00M | 747.00M | 452.88M | 323.69M | 208.81M | 112.62M |
| Research & Development | 117.00M | 104.00M | 109.00M | 93.00M | 80.00M | 70.00M | 21.00M | 14.00M | 12.00M | 9.00M |
| Selling, General & Admin | 238.00M | 233.00M | 202.17M | 196.52M | 210.00M | 186.00M | 53.16M | 38.18M | 25.93M | 19.74M |
| Operating Income | -49.00M | -144.00M | -89.59M | 51.85M | 19.00M | -27.00M | 112.32M | 117.12M | 77.72M | 16.85M |
| Interest Expense | 558.00M | 427.00M | 351.05M | 283.42M | 256.00M | 257.00M | 139.07M | 102.33M | 67.10M | 40.50M |
| Other Income (Expense) | 125.00M | 24.00M | 10.21M | 21.90M | 6.00M | -5.00M | 14.89M | 10.24M | 16.41M | 7.46M |
| Pretax Income | -564.00M | -656.00M | -466.86M | -236.80M | -242.00M | -269.00M | -29.13M | -318.15M | -282.87M | -113.85M |
| Income Tax | 62.00M | 84.00M | -15.13M | -126.68M | 48.00M | 46.00M | 21.79M | 41.66M | 40.15M | 15.40M |
| Net Income | -626.00M | -740.00M | -451.73M | -110.12M | -290.00M | -315.00M | -50.92M | -359.81M | -323.02M | -129.25M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | -1.14 | -1.40 | -0.53 | -0.22 | -0.60 | -1.40 | -0.24 | -1.82 | -1.62 | -0.62 |
| EPS (Diluted) | -1.14 | -1.40 | -0.50 | -0.22 | -0.60 | -1.49 | -0.24 | -1.82 | -1.62 | -0.62 |
| Shares Outstanding (Basic) | 551.00M | 527.00M | — | 497.89M | 487.00M | 246.00M | — | 213.81M | 209.63M | 209.23M |
| Shares Outstanding (Diluted) | 551.00M | 527.00M | — | 497.89M | 487.00M | 249.00M | — | 213.81M | 209.63M | 209.23M |
| EBITDA | 1.34B | 1.00B | 730.95M | 682.31M | 579.00M | 416.00M | 477.32M | 371.14M | 242.18M | 96.36M |
| Gross Margin | 65.86% | 65.54% | 67.61% | 72.97% | 74.17% | 73.32% | 75.66% | 75.49% | 72.47% | 68.61% |
| Operating Margin | -1.90% | -6.93% | -5.70% | 3.80% | 1.57% | -2.75% | 15.04% | 20.06% | 19.66% | 8.93% |
| Net Margin | -24.31% | -35.61% | -28.74% | -8.07% | -23.93% | -32.08% | -6.82% | -61.62% | -81.70% | -68.50% |
This table shows 10 quarterly periods of CoreWeave's income statement, from Q2 2026 back to Q1 2024, 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?