CoreWeave, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | $5.1B | $1.9B | $229.0M | — |
| Cost of revenue | $1.5B | $493.0M | $69.0M | — |
| Research and development | $352.0M | $56.0M | $21.0M | — |
| Operating income | -$46.0M | $324.0M | -$14.0M | — |
| Pretax income | -$1.2B | -$744.0M | -$558.0M | — |
| Income tax expense | -$48.0M | $119.0M | $36.0M | — |
| Net income | -$1.2B | -$863.0M | -$594.0M | — |
| Balance Sheet | ||||
| Cash and equivalents | $3.1B | $1.4B | $217.0M | — |
| Current assets | $7.5B | $1.9B | — | — |
| Total assets | $49.3B | $17.8B | — | — |
| Current liabilities | $16.4B | $5.0B | — | — |
| Total liabilities | $46.0B | $16.5B | — | — |
| Total debt | $21.6B | $8.0B | — | — |
| Stockholders' equity | $3.3B | -$414.0M | -$597.0M | -$11.0M |
| Cash Flow Statement | ||||
| Cash from operations | $3.1B | $2.7B | $1.8B | — |
| Depreciation and amortization | $2.5B | $863.0M | $103.0M | — |
| Stock-based compensation | $630.0M | $31.0M | $15.0M | — |
| Capital expenditure | $10.3B | $8.7B | $2.9B | — |
| Free cash flow | -$7.3B | -$6.0B | -$1.1B | — |
| Share repurchases | — | — | $32.0M | — |
Shares outstanding 545.6M · Free float 46.7%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.