CoreWeave (CRWV) Capital Expenditures (2024 - 2026)
Quarterly results put Capital Expenditures at $7.7 billion for Q1 2026, up 281.13% from a year ago — trailing twelve months through Mar 2026 was $16.8 billion (up 87.4% YoY), and the annual figure for FY2025 was $11.2 billion, up 28.14%.
CoreWeave has reported Capital Expenditures over the past 3 years, most recently at $7.7 billion for Q1 2026.
- Capital Expenditures reached $7.7 billion in Q1 2026 per CRWV's latest filing, up from $4.9 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $7.7 billion in Q1 2026 and bottomed at $1.2 billion in Q3 2024.
- Median Capital Expenditures over the past 3 years was $2.2 billion (2024), compared with a mean of $3.1 billion.
- The largest annual shift saw Capital Expenditures dropped 18.06% in 2025 before it skyrocketed 281.13% in 2026.
- Over 3 years, Capital Expenditures stood at $3.5 billion in 2024, then soared by 40.14% to $4.9 billion in 2025, then skyrocketed by 56.98% to $7.7 billion in 2026.
- Business Quant data shows Capital Expenditures for CRWV at $7.7 billion in Q1 2026, $4.9 billion in Q4 2025, and $2.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,115.84 Bn | 3,037.57 Bn | 56.06 Bn | 30.88 Bn |
| 2 | Oracle | 544.25 Bn | 505.67 Bn | 15.14 Bn | -2.34 Bn |
| 3 | Palantir Technologies | 328.85 Bn | 320.93 Bn | 1.42 Bn | 7.40 Mn |
| 4 | Palo Alto Networks | 175.67 Bn | 171.13 Bn | 1.91 Bn | 170.00 Mn |
| 5 | CrowdStrike Holdings | 162.44 Bn | 159.38 Bn | 993.68 Mn | 102.47 Mn |
| 6 | Fortinet | 95.68 Bn | 92.39 Bn | 1.49 Bn | 56.00 Mn |
| 7 | Synopsys | 95.66 Bn | 95.54 Bn | 1.77 Bn | 35.32 Mn |
| 8 | Cloudflare | 74.88 Bn | 73.94 Bn | 455.60 Mn | 65.23 Mn |
| 9 | CoreWeave | 56.29 Bn | 54.02 Bn | 2.01 Bn | 7.70 Bn |
| 10 | Block | 40.97 Bn | 34.07 Bn | 2.91 Bn | 30.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.70 Bn |
| Mar 31, 2026 | 7.70 Bn |
| Dec 31, 2025 | 4.90 Bn |
| Dec 31, 2025 | 4.90 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 2.02 Bn |
| Mar 31, 2025 | 2.02 Bn |
| Dec 31, 2024 | 3.50 Bn |
| Dec 31, 2024 | 3.50 Bn |
| Sep 30, 2024 | 1.22 Bn |
| Sep 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 2.25 Bn |
| Jun 30, 2024 | 2.25 Bn |
| Mar 31, 2024 | 1.74 Bn |
| Mar 31, 2024 | 1.74 Bn |