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CoreWeave, Inc. CRWV Purchase of Capped Calls

Purchase of Capped Calls at other companies

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$4.24M
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Dave, Inc.DAVE
$33K

Other financials

Income statement

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Revenue$2.1B+112%
Gross profit$1.4B+89.2%
Operating income-$144.0M-433%
Net income-$740.0M-135%
EPS (diluted)-$1.40+6.0%

Balance sheet

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Cash & equivalents$3.3B+31.9%
Total debt$35.1B+195%
Total equity$4.8B+150%
Total assets$55.6B+154%

Cash flow

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Operating cash flow$3.0B+4,792%
CapEx$7.7B+447%
Free cash flow-$4.7B-250%

Valuation

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Market cap$49.47B-26.5%
Enterprise value$81.29B+1.9%
P/S7.9×-11.1×

Profitability

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Gross margin69.4%-4.9pp
Operating margin-2.6%-13.0pp
Net margin-25.6%-6.5pp
FCF margin-170.5%-48.0pp

Returns & leverage

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Return on equity-47.8%
Debt / equity7.4×+1.1×
Current ratio0.3×-0.1×

Where this comes from

Reported directly by CoreWeave, Inc. in its filing.

Tagged under the XBRL concept crwv:PurchaseOfCappedCalls.

The source filing: CoreWeave, Inc.’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 4:14 PM EST
Fiscal year
FY2025
Accession
0001769628-26-000104
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Cash flows from financing activities:
Proceeds from issuance of debt, net11,8297,0181,404
Repayments of debt(3,399)(589)(2)
Purchase of capped calls related to convertible senior notes(340)
Proceeds from initial public offering, net of underwriting discounts and commissions1,491
Redeemable convertible preferred stock cash dividends paid(29)(58)
Issuance of redeemable convertible preferred stock, net of issuance costs1,172421
Payment of tax withholdings on settlement of restricted stock units(144)

Item 8. Financial Statements and Supplementary Data

FAQ

What is CoreWeave, Inc.'s purchase of capped calls?
CoreWeave, Inc. (CRWV) reported purchase of capped calls of $85M in Q4 2025.
What does purchase of capped calls mean?
Cash outflows related to the purchase of capped call options, often used in conjunction with convertible debt offerings to mitigate potential dilution. This strategy helps manage the impact of stock price appreciation on the company's capital structure.

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