Operating Income

Gross Profit

CoreWeave, Inc. Gross Profit increased by 28.2% to $1.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 89.4%, from $719.24M to $1.36B. Over 2 years (FY 2023 to FY 2025), Gross Profit shows an upward trend with a 379.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: is_gross_profit

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$40.00M$40.00M$40.00M$40.00M$129.46M$286.53M$440.81M$565.20M$719.24M$900.12M$995.85M$1.06B$1.36B
QoQ Change+0.0%+0.0%+0.0%+223.7%+121.3%+53.8%+28.2%+27.3%+25.1%+10.6%+6.7%+28.2%
YoY Change+223.7%+616.3%>999%>999%+455.6%+214.1%+125.9%+88.0%+89.4%
Range$40.00M$1.36B
CAGR+224.1%
Avg YoY Growth+458.7%
Median YoY Growth+223.7%
Current Streak12+ quarters growth

Frequently Asked Questions

What is CoreWeave, Inc. 's gross profit?
CoreWeave, Inc. (CRWV) reported gross profit of $1.36B in Q1 2026.
How has CoreWeave, Inc. 's gross profit changed year-over-year?
CoreWeave, Inc. 's gross profit increased by 89.4% year-over-year, from $719.24M to $1.36B.
What is the long-term trend for CoreWeave, Inc. 's gross profit?
Over 2 years (2023 to 2025), CoreWeave, Inc. 's gross profit has grown at a 379.5% compound annual growth rate (CAGR), from $160.00M to $3.68B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.