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

CoreWeave (CRWV) has 3 years of Cost of Revenue data on file, last reported at $716.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 173.28% year-over-year to $716.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (up 174.02% YoY), and the FY2025 full-year result was $1.5 billion, up 194.73% from the prior year.
• Cost of Revenue advanced to $716.0 million in Q1 2026, from $509.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $716.0 million in Q1 2026 to a low of $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.
• Peak annual rise in Cost of Revenue reached 342.42% in 2025, while the deepest fall reached 157.68% in 2025.
• Tracing CRWV's Cost of Revenue over 3 years: 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.
• Business Quant data shows CRWV's Cost of Revenue at $716.0 million in Q1 2026, $509.1 million in Q4 2025, and $368.8 million in Q3 2025.