CoreWeave (CRWV) Capital Expenditures (2024 - 2026)
CoreWeave (CRWV) recorded Capital Expenditures of $6.42 billion in Q2 2026, up 161.8% from $2.45 billion a year earlier but down 16.5% from the prior quarter.
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Analysis
CoreWeave (CRWV) Capital Expenditures (2024 - 2026) Analysis & Trends
On a TTM basis, CoreWeave's Capital Expenditures came in at $20.57 billion as of Jun 30, 2026, up 139.9% year-over-year; for FY2025, it was $10.31 billion, up 18.5% from FY2024.
- Across earlier years, Capital Expenditures came in at $8.7 billion in FY2024 (+195.7%) and $2.94 billion in FY2023.
- Quarterly Capital Expenditures has ranged from $1.22 billion in Q3 2024 to $7.7 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for five consecutive quarters, with growth averaging 118.6% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $7.7 billion (Q1 2026), $4.06 billion (Q4 2025) and $2.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 35.80 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 229.00 Mn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 49.96 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 1.68 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | -5.66 Bn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 6.42 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 18.80 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 37.44 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 5.10 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 144.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.42 Bn |
| Mar 31, 2026 | 7.70 Bn |
| Dec 31, 2025 | 4.06 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 1.41 Bn |
| Dec 31, 2024 | 3.50 Bn |
| Sep 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 2.25 Bn |
| Mar 31, 2024 | 1.74 Bn |
API Access
CoreWeave Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CRWV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CRWV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();