CoreWeave, Inc. Class A Common Stock logo CRWV - CoreWeave, Inc. Class A Common Stock

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 15
HOLD 11
SELL 1
STRONG
SELL
0
| PRICE TARGET: $127.47 DETAILS
HIGH: $160.00
LOW: $67.00
MEDIAN: $135.00
CONSENSUS: $127.47
UPSIDE: 20.84%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Revenue
Revenue 2,078 1,571.9 1,364.7 1,212.8 981.6 747.4 583.9 395.4 188.7 116.0
Cost of Revenue 716 509.1 368.8 312.7 262.4 182.2 143.1 108.8 59.2 34.8
Gross Profit 1,362 1,062.8 995.9 900.1 719.2 565.3 440.8 286.5 129.5 81.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 233 202.2 196.5 211.0 185.3 53.2 38.2 25.9 19.7 17.0
Other Expenses 1,273 950.2 747.5 669.9 561.4 399.4 285.5 182.9 92.9 65.9
Operating Expenses 1,506 1,152.4 944.0 880.9 746.7 452.6 323.7 208.8 112.6 83.0
Operating Income
Operating Income (144) (89.6) 51.9 19.2 (27.5) 112.7 117.1 77.7 16.8 (1.8)
Interest Expense (536) 387.6 310.6 267.0 263.8 149.0 104.4 66.8 40.7 16.1
Interest Income 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (144) 741.8 704.2 583.7 438.7 485.1 40.3 (51.6) 6.3 (85.0)
EBIT (144) (79.2) 73.8 24.2 (4.8) 119.7 (213.8) (216.1) (73.2) (138.3)
Income Before Tax (656) (466.9) (236.8) (242.7) (268.6) (29.3) (318.1) (282.9) (113.8) (154.4)
Income Tax Expense 84 (15.1) (126.7) 47.8 46.0 22.0 41.7 40.2 15.4 16.2
Net Income (740) (451.7) (110.1) (290.5) (314.6) (51.4) (359.8) (323.0) (129.2) (170.6)
Per Share Data
EPS (Basic) -1.40 -0.89 -0.22 -0.60 -0.78 -0.17 -0.89 -0.84 -0.32 -0.42
EPS (Diluted) -1.40 -0.89 -0.22 -0.60 -0.78 -0.17 -0.89 -0.84 -0.32 -0.42
Shares Outstanding 527 435 497.9 486.6 404.4 404.4 435.5 403.7 403.7 403.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2023 Q4
Current Assets
Cash & Cash Equivalents 3,021 3,946 1,894.4 1,152.9 1,276.5 1,361.1 1,355.2 217.1
Short-Term Investments 22 34 47.4 0 0 0 1.2 2.4
Net Receivables 2,120 3,169 1,659.2 1,933.7 1,055.2 425.7 498.8 183.0
Inventory 0 0 0 0 0 0 0 0
Other Current Assets 446 339 596.8 745.0 701.1 62.1 132.0 45.1
Total Current Assets 5,609 7,488 4,731.3 3,946.0 3,102.6 1,916.2 2,052.8 502.0
Non-Current Assets
Property, Plant & Equipment 46,606 38,788 25,336.2 20,011.7 17,274.2 14,504.3 10,909.5 3,946.0
Goodwill 1,101 1,101 830.0 813.0 19.5 19.5 19.5 19.5
Intangible Assets 224 235 200.0 205.9 4.4 4.9 5.4 7.0
Long-Term Investments 0 0 0 174.2 102.2 102.2 100.7 42.1
Other Non-Current Assets 2,033 1,690 1,813.0 1,090.6 1,357.4 1,285.4 1,048.4 460.4
Total Non-Current Assets 49,964 41,814 28,179.2 22,295.4 18,757.7 15,916.4 12,083.5 4,475.0
Total Assets 55,573 49,302 32,910.5 26,241.4 21,860.4 17,832.6 14,136.4 4,977.0
Current Liabilities
Account Payables 3,371 1,623 1,157.0 1,226.6 1,242.1 868.3 1,009.4 455.6
Short-Term Debt 8,057 7,173 3,712.2 3,627.7 3,776.6 2,468.4 1,005.4 171.9
Deferred Revenue 2,130 1,709 0 951.3 436.5 768.9 1,079.1 249.8
Other Current Liabilities 4,260 5,935 1,279.0 0.1 0 230.2 282.6 0.1
Total Current Liabilities 17,818 16,440 9,714.9 7,556.4 7,130.8 4,962.6 3,968.2 998.5
Non-Current Liabilities
Long-Term Debt 9,778 7,984 10,322.8 7,423.8 4,935.1 5,457.9 3,445.7 1,351.4
Deferred Tax Liabilities 194 115 0 245.7 193.8 149.2 116.7 36.4
Other Non-Current Liabilities 23,024 21,428 4,616.0 127.0 33.3 1,958.5 1,940.9 999.2
Total Non-Current Liabilities 32,996 29,527 19,317.6 14,864.2 11,660.3 13,283.6 10,512.2 4,575.1
Total Liabilities 50,814 45,967 29,032.5 22,420.6 18,791.1 18,246.2 14,480.4 5,573.6
Stockholders' Equity
Common Stock 0 0 0.0 1,163.2 1,163.2 0.0 0.0 0.0
Retained Earnings (3,383) 0 (2,191.5) (2,081.4) (1,790.9) (1,476.2) (1,424.9) (612.8)
Accumulated Other Comprehensive Income 5 0 (1.3) (0.3) 0 0 0.0 (0.1)
Total Stockholders' Equity 4,759 3,335 3,878.0 3,820.8 3,069.3 (413.6) (344.0) (596.6)
Total Liabilities & Equity 55,573 49,302 32,910.5 26,241.4 21,860.4 17,832.6 14,136.4 4,977.0
Debt Metrics
Total Debt 17,835 15,157 18,808.3 14,562.5 11,896.9 10,620.3 6,277.6 1,999.7
Net Debt 14,814 11,211 16,913.9 13,409.6 10,620.4 9,259.2 4,922.4 1,782.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Operating Activities
Net Income (740) (452) (110.1) (290.5) (314.6) (51.4) (359.8) (323.0) (129.2) (170.6)
Depreciation & Amortization 1,147 821 630.5 559.5 443.5 365.4 254.0 164.5 79.5 53.3
Stock-Based Compensation 0 157 144.4 145.0 184.0 8.0 7.6 7.7 8.2 8.1
Change in Working Capital 2,016 846.0 1,017.9 (835.2) (396.7) (230.8) 299.7 (337.2) 1,946.1 (22.5)
Other Non-Cash Items 482 203.0 134.5 123.7 100.4 62.9 402.6 341.7 119.8 159.1
Operating Cash Flow 2,984 1,559 1,689.1 (251.3) 61.2 186.7 641.2 (117.8) 2,039.0 43.6
Investing Activities
Capital Expenditure (7,695) (4,060) (2,388.9) (2,453.0) (1,407.4) (3,497.8) (1,215.2) (2,247.2) (1,741.9) (1,180.1)
Acquisitions 0 (52) (10.2) (45.7) 0 0 0 0 0 0
Purchases of Investments 0 0 (47.2) 0 0 0 0 0 0 0
Sales/Maturities of Investments 12 14 0 0 29.3 91.8 47.2 48.7 0 0
Other Investing Activities (25) 172 (23.7) 56.5 (55) (58.2) (4.7) (51.4) (29.3) (74.4)
Investing Cash Flow (7,708) (3,926) (2,470.1) (2,442.2) (1,433.1) (3,464.2) (1,172.7) (2,249.9) (1,771.2) (1,254.4)
Financing Activities
Net Debt Issuance 1,955 3,552.2 1,716.4 2,307.5 513.9 3,468.4 1,217.9 820.4 926.7 1,250.9
Stock Repurchased 0 0 0 0 0 0 (1.5) 0 0 (32.1)
Dividends Paid 0 (0.3) 0 (2.6) (26.1) (28.4) (29.3) 0 0 0
Other Financing Activities (26) (1,448.9) (1,456.0) (1,567.7) (56.5) (50.3) 26.5 (27.6) (32.2) (4.3)
Financing Cash Flow 3,914 3,528.9 1,696.1 2,229.2 1,853.9 3,391.3 1,213.6 1,940.3 919.5 1,214.5
Cash Position
Net Change in Cash (925) 1,454.8 778.1 (464.2) 482.0 (26.3) 682.2 (427.5) 1,187.3 3.7
Cash at Beginning 3,946 2,491.2 1,713.1 2,517.8 2,035.8 1,424.8 1,239.9 1,667.4 480.1 476.4
Cash at End 3,021 3,946 2,491.2 2,053.6 2,517.8 1,398.5 1,922.0 1,239.9 1,667.4 480.1
Free Cash Flow (4,711) (2,501) (699.8) (2,704.2) (1,346.2) (3,311.1) (573.9) (2,365.0) 297.1 (1,136.4)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Income Statement
Revenue 2,078 1,571.9 1,364.7 1,212.8 981.6 747.4 583.9 395.4 188.7 116.0
Gross Profit 1,362 1,062.8 995.9 900.1 719.2 565.3 440.8 286.5 129.5 81.1
Operating Income (144) (89.6) 51.9 19.2 (27.5) 112.7 117.1 77.7 16.8 (1.8)
Net Income (740) (451.7) (110.1) (290.5) (314.6) (51.4) (359.8) (323.0) (129.2) (170.6)
EPS (Diluted) -1.40 -0.89 -0.22 -0.60 -0.78 -0.17 -0.89 -0.84 -0.32 -0.42
Balance Sheet
Cash & Equivalents 3,021 3,946 1,894.4 1,152.9 1,276.5 1,361.1 1,355.2 217.1
Total Assets 55,573 49,302 32,910.5 26,241.4 21,860.4 17,832.6 14,136.4 4,977.0
Total Debt 17,835 15,157 18,808.3 14,562.5 11,896.9 10,620.3 6,277.6 1,999.7
Stockholders' Equity 4,759 3,335 3,878.0 3,820.8 3,069.3 (413.6) (344.0) (596.6)
Cash Flow
Operating Cash Flow 2,984 1,559 1,689.1 (251.3) 61.2 186.7 641.2 (117.8) 2,039.0 43.6
Capital Expenditure (7,695) (4,060) (2,388.9) (2,453.0) (1,407.4) (3,497.8) (1,215.2) (2,247.2) (1,741.9) (1,180.1)
Free Cash Flow (4,711) (2,501) (699.8) (2,704.2) (1,346.2) (3,311.1) (573.9) (2,365.0) 297.1 (1,136.4)