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CoreWeave, Inc. CRWV Total Cost of Revenue

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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$53.88B-38.9%
Enterprise value$85.71B
P/S8.7×

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 us-gaap:CostOfGoodsAndServicesSold.

The official record: CoreWeave, Inc. ’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CoreWeave, Inc. 's total cost of revenue?
CoreWeave, Inc. (CRWV) reported total cost of revenue of $716M in Q1 2026.
How has CoreWeave, Inc. 's total cost of revenue changed year-over-year?
CoreWeave, Inc. 's total cost of revenue increased by 173.3% year-over-year, from $262M to $716M.
What is the long-term trend for CoreWeave, Inc. 's total cost of revenue?
Over 2 years (2023 to 2025), CoreWeave, Inc. 's total cost of revenue has grown at a 358.8% compound annual growth rate (CAGR), from $69M to $1.45B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.