CoreWeave CRWV
NASDAQ CRWV
$88.99 -0.13 (-0.15%)
At close: Sep 11, 2026 · 4:00 PM EDT

CoreWeave (CRWV) Capital Expenditures (2023 - 2025)

CoreWeave's (CRWV) annual Capital Expenditures came in at $11.2 billion in FY2025, up 28.14% year-over-year from $8.7 billion in FY2024.

Analysis

CoreWeave (CRWV) Capital Expenditures (2023 - 2025) Analysis & Trends

CoreWeave has disclosed Capital Expenditures across 3 years of filings, most recently posting $11.2 billion for FY2025.

  • In Q2 2026, Capital Expenditures rose 248.83% year-over-year to $6.4 billion; the TTM figure through Jun 2026 stood at $21.4 billion (up 149.72% YoY), while the FY2025 annual figure was $11.2 billion, up 28.14% from the prior year.
  • Capital Expenditures came in at $11.2 billion for FY2025 at CoreWeave, up from $8.7 billion in the prior year.
  • In the past five years, Capital Expenditures ranged from a high of $11.2 billion in FY2025 to a low of $2.9 billion in FY2023.
  • Average Capital Expenditures over 3 years is $7.6 billion, with a median of $8.7 billion recorded in 2024.
  • Year-over-year, Capital Expenditures soared 195.68% in 2024 and grew 28.14% in 2025.
  • Over 3 years, Capital Expenditures stood at $2.9 billion in 2023, then soared by 195.68% to $8.7 billion in 2024, then advanced by 28.14% to $11.2 billion in 2025.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $11.2 billion in FY2025, $8.7 billion in FY2024, and $2.9 billion in FY2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Yr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 115.95 Bn
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn -
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn -
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn -
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn -
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn -
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn -
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn -
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 11.15 Bn
Dec 31, 2024 8.70 Bn
Dec 31, 2023 2.94 Bn