CoreWeave (CRWV) Capital Expenditures (2024 - 2026)

CoreWeave's (CRWV) quarterly Capital Expenditures came in at $7.7 billion in Q1 2026, up 281.13% year-on-year from $2.0 billion in Q1 2025, and up 56.98% quarter-over-quarter from $4.9 billion in Q4 2025.

CoreWeave (CRWV) Capital Expenditures (2024 - 2026) Analysis & Trends

CoreWeave has disclosed Capital Expenditures across 3 years of filings, most recently posting $7.7 billion for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $7.7 billion, up 281.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.8 billion (up 87.4% YoY), and the FY2025 annual result was $11.2 billion, up 28.14% from the prior year.
  • Capital Expenditures came in at $7.7 billion for Q1 2026 at CoreWeave, up from $4.9 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $7.7 billion in Q1 2026 to a low of $1.2 billion in Q3 2024.
  • The 3-year median for Capital Expenditures is $2.2 billion (2024), against an average of $3.1 billion.
  • Across the five-year window, Capital Expenditures retreated 18.06% in 2025 and jumped 281.13% in 2026, its largest moves.
  • CoreWeave's Capital Expenditures stood at $3.5 billion in 2024, then soared by 40.14% to $4.9 billion in 2025, then jumped by 56.98% to $7.7 billion in 2026.
  • The last three Capital Expenditures figures came in at $7.7 billion (Q1 2026), $4.9 billion (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 30.88 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn -
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn -2.34 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 7.40 Mn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 170.00 Mn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 102.47 Mn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 56.00 Mn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 35.32 Mn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 65.23 Mn
10 CoreWeave 62.20 Bn 59.93 Bn 2.01 Bn 7.70 Bn

Historic Data

Download Data
DateValue
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