Income StatementBalance SheetCash FlowSegments
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CoreWeave, Inc. Cash Flow Statement

Operating, investing, and financing cash movements

CoreWeave, Inc. generated $6.0B in operating cash flow over the trailing twelve months. After $16.6B in capital expenditures, free cash flow was -$10.6B. Free cash flow decreased 0.4% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$6.0BNet Cash From Investing (TTM)-$16.5BNet Cash From Financing (TTM)$11.4BCapital Expenditures (TTM)$16.6BDepreciation And Amortization (TTM)$3.2BNet Change In Cash (TTM)$803.0M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$68.1B
ROE-47.78%

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid—$2.0B$124.9M$2.7B$6.4B$4.6B
Stock issued to settle debt$0.0$1.7B$0.0$0.0$0.0$0.0
Interest paid$86.6M$142.2M$219.4M$195.6M$311.9M$364.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$3.5B$1.4B$2.5B$2.4B$4.1B$7.7B
Net cash from investing activities-$3.5B-$1.4B-$2.4B-$2.5B-$3.9B-$7.7B
Payment for (Proceeds from) Other Investing Activity$12.5M$0.0$26.1M$23.7M—$25.0M
Payments to notes receivables$15.0M$55.0M$18.0M$0.0$17.0M$0.0
Sale of investments$93.4M$29.3M$0.0$0.0$13.7M$12.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$174.7M$62.3M-$351.5M$622.4M—$960.0M
Change in accounts receivable—$638.8M$865.9M-$252.2M$1.5B-$1.0B
Change in deferred revenue—-$15.9M$758.8M$659.3M$2.8B$575.0M
Other working capital changes$1.9M$22.7M$17.4M$9.3M$53.6M$121.0M
Deferred income taxes$32.7M$44.6M$46.3M-$128.0M-$15.9M$79.0M
Depreciation and amortization$365.0M$443.5M$559.5M$630.5M$820.5M$1.1B
Net cash from operating activities$186.6M$61.2M-$251.3M$1.7B$1.6B$3.0B
Net income-$50.9M-$314.6M-$290.5M-$110.1M-$451.7M-$740.0M
Stock-based compensation$7.5M$184.0M$145.0M$144.4M$156.6M$153.0M
Non-cash interest expense$10.0M$37.7M$29.0M$21.0M$22.2M$41.0M
Fair Value Adjustments Of Warrants And Derivatives-$7.1M$26.8M$0.0$0.0$163.0K$0.0
Operating lease liabilities-$42.9M-$51.1M-$59.3M-$70.6M-$80.9M-$90.0M
Increase (Decrease) in Prepaid Expense and Other Assets$459.5M$9.9M$110.5M$50.6M$613.0M$471.0M
Operating lease right-of-use asset amortization$43.5M$66.9M$77.2M$89.7M$123.2M$167.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$3.7B$785.0M$3.6B$3.1B$4.3B$3.3B
Repayments of debt$224.9M$271.1M$1.3B$1.4B$420.2M$1.3B
Net cash from financing activities$3.4B$1.9B$2.2B$1.7B$3.5B$3.9B
Taxes paid for net share settlement$0.0$15.7M$116.9M$11.5M$0.0$0.0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$28.7M$26.1M$2.6M$0.0$307.0K$0.0
Net proceeds from sales of subsidiary shares$0.0$1.4B$0.0$0.0$68.4M$0.0
Common stock issuance for private placement—$0.0———$2.0B
Other, net-$50.9M-$26.7M-$17.3M-$20.9M-$55.1M-$26.0M
Purchase of Capped Calls$0.0$85.0M$85.0M$85.0M$85.0M—

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow-$3.3B-$1.3B-$2.7B-$699.8M-$2.5B-$4.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash$113.0M$482.0M-$464.2M$915.1M$1.2B-$810.0M
Notes Issued1$0.0$41.8M$41.8M$41.8M$41.8M—
Reclassification of customer deposit to debt$0.0$230.2M$0.0$0.0$0.0$0.0
Reclassification of liabilities related to property and equipment additions to debt upon execution of OEM financing arrangements—$0.0———$1.5B
Reclassification of warrant liabilities to equity$0.0$172.8M$0.0$0.0$192.0K$0.0
Leased assets obtained in exchange for finance lease liabilities$35.5M$85.8M$85.8M$85.8M$85.8M—
Leased assets obtained in exchange for operating lease liabilities$853.2M$535.5M$433.1M$1.4B$3.5B$2.0B
Stock-based compensation capitalized as internal-use software$1.8M$14.8M$14.8M$14.8M$14.8M—
Issuance of common stock for the acquisition of Ansys$0.0$350.0M$0.0$0.0$0.0$0.0