How much revenue does CoreWeave (CRWV) generate?

CoreWeave (CRWV) generated $5.13B in total revenue for TTM through Q4 2025 with a net profit margin of -22.7%.

What is CoreWeave (CRWV) gross profit margin?

CoreWeave (CRWV) reported a gross profit margin of 71.7% for TTM through Q4 2025, equivalent to $3.68B in gross profit. This means CoreWeave retains 71.7% of each revenue unit after direct costs of production.

What is CoreWeave (CRWV) operating profit margin?

CoreWeave (CRWV) reported an operating profit margin of -0.9% for TTM through Q4 2025, equivalent to −$46.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is CoreWeave (CRWV) net profit margin?

CoreWeave (CRWV) reported a net profit margin of -22.7% for TTM through Q4 2025, equivalent to −$1.17B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does CoreWeave (CRWV) spend on capital expenditures?

CoreWeave (CRWV) spent $10.31B on capital expenditures in TTM through Q4 2025 (200.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is CoreWeave (CRWV) free cash flow?

CoreWeave (CRWV) generated −$7.25B in free cash flow for TTM through Q4 2025 (-141.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

How CoreWeave (CRWV) Makes Money: A Visual Guide

CoreWeave (CRWV) generated $5.13B in revenue but reported a net loss of $1.17B. Below is an interactive breakdown of how revenue flows through the income statement.

CoreWeave (CRWV) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported March 2, 2026).

Frequently asked questions

How much revenue does CoreWeave (CRWV) generate?: CoreWeave (CRWV) generated $5.13B in total revenue for TTM through Q4 2025 with a net profit margin of -22.7%.
What is CoreWeave (CRWV) gross profit margin?: CoreWeave (CRWV) reported a gross profit margin of 71.7% for TTM through Q4 2025, equivalent to $3.68B in gross profit. This means CoreWeave retains 71.7% of each revenue unit after direct costs of production.
What is CoreWeave (CRWV) operating profit margin?: CoreWeave (CRWV) reported an operating profit margin of -0.9% for TTM through Q4 2025, equivalent to −$46.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is CoreWeave (CRWV) net profit margin?: CoreWeave (CRWV) reported a net profit margin of -22.7% for TTM through Q4 2025, equivalent to −$1.17B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does CoreWeave (CRWV) spend on capital expenditures?: CoreWeave (CRWV) spent $10.31B on capital expenditures in TTM through Q4 2025 (200.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is CoreWeave (CRWV) free cash flow?: CoreWeave (CRWV) generated −$7.25B in free cash flow for TTM through Q4 2025 (-141.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.