Income StatementBalance SheetCash FlowSegments
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CoreWeave, Inc. Income Statement

Revenue, expenses, and profitability over time

CoreWeave, Inc. generated $6.2B in trailing twelve-month revenue, up 1.3% year-over-year. Net income was -$1.6B with a -25.57% net margin. Gross margin stands at 69.38% and operating margin at -2.61%. Diluted EPS is $-2.72, which grew 0.5% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$6.2BGross Profit (TTM)$4.3BOperating Income (TTM)-$162.5MNet Income (TTM)-$1.6BEps Diluted (TTM)$-2.72
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$68.1B
ROE-47.78%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders-$80.0M-$343.4M-$290.5M-$110.1M-$452.0M-$740.0M
Net Income Available to Common Stockholders (Diluted)-$80.0M-$370.2M-$290.5M-$110.1M-$452.2M-$740.0M
Net income-$50.9M-$314.6M-$290.5M-$110.1M-$451.7M-$740.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.24$-1.40$-0.60$-0.22$-0.53$-1.40
Diluted earnings per share$-0.24$-1.49$-0.60$-0.22$-0.50$-1.40
Weighted-average shares, basic—245.6M486.6M497.9M—527M
Weighted-average shares, diluted—249.3M486.6M497.9M—527M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
General and administrative$47.9M$174.8M$174.2M$151.9M$150.2M$164.0M
Selling and marketing$5.2M$10.5M$36.8M$44.6M$52.0M$69.0M
Total operating expenses$634.7M$1.0B$1.2B$1.3B$1.7B$2.2B
Technology and infrastructure$399.7M$561.4M$669.9M$747.5M$950.2M$1.3B

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$565.2M$719.2M$900.1M$995.9M$1.1B$1.4B
Operating income$112.3M-$27.5M$19.2M$51.9M-$89.6M-$144.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net Gain (Loss) on Derivative Instruments-$7.1M$26.8M$0.0$0.0$163.0K$0.0
Interest Income (Expense), Nonoperating-$149.2M-$263.8M-$267.0M-$310.6M-$387.6M-$536.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$29.1M-$268.6M-$242.7M-$236.8M-$466.9M-$656.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$21.8M$46.0M$47.8M-$126.7M-$15.1M$84.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$181.8M$262.4M$312.7M$368.8M$509.1M$716.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$747.0M$981.6M$1.2B$1.4B$1.6B$2.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Comprehensive Income (Loss), Net of Tax, Attributable to Parent—-$315.0M———-$735.0M
Other income, net (Note 6)$14.9M-$4.1M$5.0M$21.9M$10.2M$24.0M