Operating Income

Operating Income

CoreWeave, Inc. Operating Income decreased by 60.7% to -$144.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 424.2%, from -$27.47M to -$144.00M. Over 2 years (FY 2023 to FY 2025), Operating Income shows a downward trend with a 81.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

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

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$3.50M-$3.50M-$3.50M-$3.50M$16.85M$77.72M$117.12M$112.32M-$27.47M$19.21M$51.85M-$89.59M-$144.00M
QoQ Change+0.0%+0.0%+0.0%+581.3%+361.3%+50.7%-4.1%-124.5%+169.9%+169.9%-272.8%-60.7%
YoY Change+581.3%>999%>999%>999%-263.1%-75.3%-55.7%-179.8%-424.2%
Range-$144.00M$117.12M
CAGR+245.2%
Avg YoY Growth+962.1%
Median YoY Growth-55.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is CoreWeave, Inc. 's operating income?
CoreWeave, Inc. (CRWV) reported operating income of -$144.00M in Q1 2026.
How has CoreWeave, Inc. 's operating income changed year-over-year?
CoreWeave, Inc. 's operating income decreased by 424.2% year-over-year, from -$27.47M to -$144.00M.
What is the long-term trend for CoreWeave, Inc. 's operating income?
Over 2 years (2023 to 2025), CoreWeave, Inc. 's operating income has grown at a 81.3% compound annual growth rate (CAGR), from -$14.00M to -$46.00M.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.