CoreWeave (CRWV)
Provides Nvidia-centered cloud infrastructure and software for building and running AI models.
$87.68
vs last close+0.92 (+1.06%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 116 | 189 | 395 | 584 | 747 | 982 | 1,213 | 1,365 | 1,572 | 2,078 | 2,575 |
| Cost of revenue | 35 | 59 | 109 | 143 | 182 | 262 | 313 | 369 | 509 | 716 | 879 |
| Gross profit | 81 | 129 | 287 | 441 | 565 | 719 | 900 | 996 | 1,063 | 1,362 | 1,696 |
| 83 | 113 | 209 | 324 | 453 | 747 | 881 | 944 | 1,152 | 1,506 | 1,745 | |
| 17 | 20 | 26 | 38 | 53 | 185 | 211 | 197 | 202 | 233 | 238 | |
| Selling & marketing | 5 | 4 | 4 | 5 | 6 | 11 | 37 | 45 | 52 | 69 | 60 |
| General & administrative | 12 | 16 | 22 | 34 | 48 | 175 | 174 | 152 | 150 | 164 | 178 |
| Other expenses | 66 | 93 | 183 | 286 | 399 | 561 | 670 | 747 | 950 | 1,273 | 1,507 |
| Operating income | −2 | 17 | 78 | 117 | 113 | −27 | 19 | 52 | −90 | −144 | −49 |
| −153 | −131 | −361 | −435 | −142 | −241 | −262 | −289 | −377 | −512 | −515 | |
| Interest expense | 16 | 41 | 67 | 104 | 149 | 264 | 267 | 311 | 388 | −536 | 640 |
| Other non-operating income | 136 | 90 | 294 | 331 | −7 | −23 | −5 | −22 | −10 | −24 | −125 |
| Income before tax | −154 | −114 | −283 | −318 | −29 | −269 | −243 | −237 | −467 | −656 | −564 |
| Income tax expense | 16 | 15 | 40 | 42 | 22 | 46 | 48 | −127 | −15 | 84 | 62 |
| Net income from continuing operations | −171 | −129 | −323 | −360 | −51 | −315 | −291 | −110 | −452 | −740 | −626 |
| Net income | −171 | −129 | −323 | −360 | −51 | −315 | −291 | −110 | −452 | −740 | −626 |
| EPS, basic | −$0.42 | −$0.32 | −$0.84 | −$0.89 | −$0.17 | −$0.78 | −$0.60 | −$0.22 | −$0.89 | −$1.40 | −$1.14 |
| EPS, diluted | −$0.42 | −$0.32 | −$0.84 | −$0.89 | −$0.17 | −$0.78 | −$0.60 | −$0.22 | −$0.89 | −$1.40 | −$1.14 |
| Weighted average shares, basic | 404 | 404 | 404 | 436 | 404 | 404 | 487 | 498 | 435 | 527 | 551 |
| Weighted average shares, diluted | 404 | 404 | 404 | 436 | 404 | 404 | 487 | 498 | 436 | 527 | 551 |
| EBITDA | −85 | 6 | −52 | 40 | 485 | 439 | 584 | 704 | 742 | 1,027 | 76 |
| Depreciation & amortization | 53 | 80 | 164 | 254 | 365 | 443 | 559 | 630 | 821 | 1,147 | 0 |
| EBIT | −138 | −73 | −216 | −214 | 120 | −5 | 24 | 74 | −79 | −120 | 76 |
