CoreWeave (CRWV) Cost of Revenue (2024 - 2026)

CoreWeave has reported Cost of Revenue for 3 years, with the latest figure at $716.0 million in Q1 2026.

• Quarterly Cost of Revenue rose 173.28% year-over-year to $716.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 174.02% YoY) and the FY2025 annual result came in at $1.5 billion, up 194.73% from the prior year.
• Cost of Revenue advanced to $716.0 million in Q1 2026 per CRWV's latest filing, from $509.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $716.0 million in Q1 2026 and troughed at $59.2 million in Q1 2024.
• A 3-year average of $295.7 million and a median of $262.0 million in 2025 frame the typical range for Cost of Revenue.
• The widest YoY moves for Cost of Revenue: up 342.42% in 2025, down 157.68% in 2025.
• Over 3 years, Cost of Revenue stood at $181.8 million in 2024, then surged by 180.03% to $509.1 million in 2025, then soared by 40.64% to $716.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $716.0 million, $509.1 million, and $368.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.