3 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $5.1B | -$1.2B | 71.7% | -0.9% | -$7.3B | $21.4B | $3.1B |
| 2024 | $1.9B | -$863M | 74.3% | 16.9% | -$6.0B | $7.9B | $1.4B |
| 2023 | $229M | -$594M | 69.9% | -6.1% | -$1.1B | — | $217M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2.1B | -$740M | 65.5% | -6.9% | -$4.7B | $24.9B | $2.2B |
| Dec '25 | $1.6B | -$452M | 67.6% | -5.7% | -$2.5B | $21.4B | $3.1B |
| Sep '25 | $1.4B | -$110M | 73.0% | 3.8% | -$700M | $14.0B | $1.9B |
| Jun '25 | $1.2B | -$291M | 74.2% | 1.6% | -$2.7B | $11.1B | $1.2B |
| Mar '25 | $982M | -$315M | 73.3% | -2.7% | -$1.3B | $8.7B | $1.3B |
| Dec '24 | $747M | -$51M | 75.7% | 15.0% | -$3.3B | $7.9B | $1.4B |
| Sep '24 | $584M | -$360M | 75.5% | 20.1% | -$574M | — | $1.4B |
| Jun '24 | $395M | -$323M | 72.5% | 19.7% | -$2.4B | — | $1.0B |
| Mar '24 | $189M | -$129M | 68.6% | 8.9% | $297M | — | $1.3B |
How the market has priced CRWV against its own fundamentals since 2025-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 2 years, CoreWeave's revenue has grown 373.4% per year. These are computed facts, not advice.
As of FY2025, CoreWeave reported $21.4B of total debt against $3.1B of cash.
In FY2025, gross margin was 71.7%, operating margin -0.9%, and net margin -22.8%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.