CoreWeave, Inc. Class A Common Stock
NASDAQ:CRWV · NASDAQ Global Market
+$0.96 today
Vol 65.36M · Avg 29.68M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:CRWV · Revenue to Net Income
Key Ratios
Analysis
$6.2B of revenue converted into -$1.6B of net income for the selected period. Gross margin is 70.1% and net margin is -24.1%, showing how much revenue survives after costs and taxes. EPS is $-3.11, tying the income statement back to per-share earnings.
Income Statement
Annual data · 4 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.1B +167.9% | $1.9B +736.6% | $228.9M +1346.3% | $15.8M | $1.0B | $809.6M | $921.6M |
| Cost of Revenue | $1.5B +194.5% | $493.4M +617.3% | $68.8M +467.4% | $12.1M | $344.8M | $725.6M | $804.0M |
| Gross Profit | $3.7B +158.6% | $1.4B +787.9% | $160.2M +4219.4% | $3.7M | $10.3B | $8.9B | $7.6B |
| Gross Margin | 71.7% -2.6pp | 74.2% +4.3pp | 70.0% +46.5pp | 23.4% | 45.5% | 9.8% | 28.9% |
| Research & Development | $0 | $0 | $0 | $0 | $378.4M | $983.2M | $1.3B |
| Selling, General & Admin | $795.0M +480.2% | $137.0M +220.5% | $42.8M +404.1% | $8.5M | $1.4B | $620.6M | $923.0M |
| Operating Expenses | $3.7B +239.2% | $1.1B +528.7% | $174.6M +556.7% | $26.6M | $3.6B | $5.3B | $7.0B |
| Depreciation & Amortization | $2.5B +184.2% | $863.4M +736.6% | $103.2M +782.5% | $11.7M | $1.2B | $374.2M | $1.2B |
| EBITDA | $2.5B +414.1% | $480.0M +212.6% | -$426.4M -2972.9% | -$13.9M | $12.6B | -$15.2B | $6.8B |
| EBITDA Margin | 48.1% +23.0pp | 25.1% +211.3pp | -186.3% -98.6pp | -87.7% | 10.0% | 5.6% | 46.3% |
| Operating Income | -$46.0M -114.2% | $324.4M +2344.5% | -$14.5M +36.8% | -$22.9M | $10.6B | $12.3B | $14.0B |
| Operating Margin | -0.9% -17.8pp | 16.9% +23.2pp | -6.3% +138.2pp | -144.5% | 18.7% | 16.6% | 24.1% |
| Interest Income | $0 | $0 | $0 | $0 | $1.3B | -$1.5B | -$1.6B |
| Interest Expense | $1.2B +240.6% | $360.8M +1170.3% | $28.4M +200.8% | $9.4M | $969.2M | $1.1B | $1.0B |
| Other Income / Expenses | -$1.2B -9.4% | -$1.1B -96.6% | -$543.6M -4379.2% | -$12.1M | -$1.6B | -$1.5B | $1.4B |
| Income Before Tax | -$1.2B -63.3% | -$744.2M -33.4% | -$558.0M -1493.7% | -$35.0M | -$15.6B | $3.3B | $4.9B |
| Pre-Tax Margin | -23.7% +15.2pp | -38.9% +204.9pp | -243.7% -22.5pp | -221.2% | 13.3% | 20.8% | 18.7% |
| Income Tax Expense | -$48.0M -140.3% | $119.2M +234.0% | $35.7M +960.3% | -$4.2M | $666.8M | $1.3B | -$1.6B |
| Net Income | -$1.2B -35.2% | -$863.4M -45.4% | -$593.7M -1811.9% | -$31.1M | $5.0B | $4.9B | $4.8B |
| Net Margin | -22.7% +22.3pp | -45.1% +214.3pp | -259.3% -63.2pp | -196.2% | 7.4% | 12.4% | 17.5% |
| EPS (Basic) | -$3 -18.0% | -$2 -58.5% | -$1 -1811.6% | -$0 | $1.2B | $400.8M | $703.2M |
| EPS (Diluted) | -$3 -20.6% | -$2 -58.5% | -$1 -1811.6% | -$0 | $620.6M | $766.2M | $609.4M |
| Weighted Avg Shares | $435.0M +7.6% | $404.4M +0.2% | $403.7M +0.0% | $403.7M | $892.2M | $757.8M | $925.8M |
| Weighted Avg Shares (Diluted) | $436.0M +7.8% | $404.4M +0.2% | $403.7M +0.0% | $403.7M | $319.6M | $1.2B | $924.4M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Fortinet, Inc.
NASDAQ:FTNT
$107.47B
Synopsys, Inc.
NASDAQ:SNPS
$87.52B
Motorola Solutions, Inc.
NYSE:MSI
$65.97B
Block, Inc.
NYSE:XYZ
$44.60B
Infosys Limited
NYSE:INFY
$42.48B
Autodesk, Inc.
NASDAQ:ADSK
$40.63B
Roblox Corporation
NYSE:RBLX
$37.07B
Strategy Inc
NASDAQ:MSTR
$32.82B
Workday, Inc.
NASDAQ:WDAY
$30.81B
Zscaler, Inc.
NASDAQ:ZS
$20.03B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does CRWV generate?
CoreWeave, Inc. Class A Common Stock (CRWV) reported $5.13B of revenue in fiscal 2025.
Is CRWV profitable?
CoreWeave, Inc. Class A Common Stock (CRWV) reported -$1,167,000,000.00 of net income, with a net margin of -22.7%.
Explore More
Continue the stock analysis
Jump to another research area for this company.