Investing
CapEx
CoreWeave, Inc. CapEx increased by 89.5% to $7.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 446.8%, from $1.41B to $7.70B. Over 2 years (FY 2023 to FY 2025), CapEx shows an upward trend with a 87.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
13 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $735.75M | $735.75M | $735.75M | $735.75M | $1.74B | $2.25B | $1.22B | $3.50B | $1.41B | $2.45B | $2.39B | $4.06B | $7.70B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +136.8% | +29.0% | -45.9% | +187.8% | -59.8% | +74.3% | -2.6% | +69.9% | +89.5% |
| YoY Change | — | — | — | — | +136.8% | +205.4% | +65.2% | +375.4% | -19.2% | +9.2% | +96.6% | +16.1% | +446.8% |
Range$735.75M – $7.70B
CAGR+118.7%
Avg YoY Growth+148.0%
Median YoY Growth+96.6%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is CoreWeave, Inc. 's capex?
- CoreWeave, Inc. (CRWV) reported capex of $7.70B in Q1 2026.
- How has CoreWeave, Inc. 's capex changed year-over-year?
- CoreWeave, Inc. 's capex increased by 446.8% year-over-year, from $1.41B to $7.70B.
- What is the long-term trend for CoreWeave, Inc. 's capex?
- Over 2 years (2023 to 2025), CoreWeave, Inc. 's capex has grown at a 87.2% compound annual growth rate (CAGR), from $2.94B to $10.31B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.