TTM
-2.6%
YoY change
−17.83pp
Trough year (2022)
-144.5%
Peak year (2024)
16.9%
Latest annual
-0.9%
Operating Margin history chart for CoreWeave (CRWV) from 2022 to 2025
Latest: -0.9%
Operating Margin change chart for CoreWeave (CRWV) from 2022 to 2025
Latest: −17.83pp
Operating Margin history table for CoreWeave (CRWV) from 2022 to 2025
| 2025 | -0.9% | -17.83pp | ||
| 2024 | 16.9% | +23.25pp | ||
| 2023 | -6.3% | +138.22pp | ||
| 2022 | -144.5% | — |
- 2025-0.9%-17.83pp
- 202416.9%+23.25pp
- 2023-6.3%+138.22pp
- 2022-144.5%—
Operating Margin values are taken from CoreWeave's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at CoreWeave (CRWV)
According to CoreWeave's latest reported financial statements, the company's latest reported operating margin is -2.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, CoreWeave (CRWV) reported operating margin of -0.90% – contracted 17.8 percentage points year-over-year.
CoreWeave Operating Margin by Year
CoreWeave Operating Margin 2025: -0.9%
CoreWeave posted operating margin of -0.90% in 2025, contracted 17.8 percentage points from 2024.
CoreWeave Operating Margin 2024: 16.9%
In 2024, CoreWeave reported operating margin of 16.93%, expanded 23.2 percentage points from 2023. This figure represents the highest annual value in the available history.
CoreWeave Operating Margin 2023: -6.3%
CoreWeave operating margin in 2023 was -6.31%, expanded 138.2 percentage points from 2022.
CoreWeave Operating Margin 2022: -144.5%
CoreWeave operating margin in 2022 was -144.54%.
See more financial history for CoreWeave (CRWV).
Sector peers by Operating Margin
Technology peers of CoreWeave (CRWV), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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CoreWeave (CRWV) Key Financials
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