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| 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 |