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CoreWeave (CRWV) Capital Expenditures (2023 - 2025)

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 $11.2 billion for FY2025.

  • Capital Expenditures reached $11.2 billion in FY2025 per CRWV's latest filing, up from $8.7 billion in the prior year.
  • Across five years, Capital Expenditures topped out at $11.2 billion in FY2025 and bottomed at $482.0 million in FY2023.
  • Median Capital Expenditures over the past 3 years was $8.7 billion (2024), compared with a mean of $6.8 billion.
  • The largest annual shift saw Capital Expenditures surged 1705.39% in 2024 before it rose 28.14% in 2025.
  • Over 3 years, Capital Expenditures stood at $482.0 million in 2023, then soared by 1705.39% to $8.7 billion in 2024, then increased by 28.14% to $11.2 billion in 2025.
  • Business Quant data shows Capital Expenditures for CRWV at $11.2 billion in FY2025, $8.7 billion in FY2024, and $482.0 million in FY2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Yr)
1 Microsoft 3,115.84 Bn 3,037.57 Bn 56.06 Bn -
2 Oracle 544.25 Bn 505.67 Bn 15.14 Bn -
3 Palantir Technologies 328.85 Bn 320.93 Bn 1.42 Bn -
4 Palo Alto Networks 175.67 Bn 171.13 Bn 1.91 Bn -
5 CrowdStrike Holdings 162.44 Bn 159.38 Bn 993.68 Mn 302.11 Mn
6 Fortinet 95.68 Bn 92.39 Bn 1.49 Bn -
7 Synopsys 95.66 Bn 95.54 Bn 1.77 Bn -
8 Cloudflare 74.88 Bn 73.94 Bn 455.60 Mn -
9 CoreWeave 56.29 Bn 54.02 Bn 2.01 Bn -
10 Block 40.97 Bn 34.07 Bn 2.91 Bn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 11.15 Bn
Dec 31, 2025 11.15 Bn
Dec 31, 2024 8.70 Bn
Dec 31, 2024 8.70 Bn
Dec 31, 2023 482.00 Mn
Dec 31, 2023 482.00 Mn