CoreWeave (CRWV) Depreciation and Depletion (2024 - 2026)
Quarterly results put Depreciation and Depletion at $1.1 billion for Q1 2026, up 148.31% from a year ago — trailing twelve months through Mar 2026 was $3.1 billion (up 150.94% YoY), and the annual figure for FY2025 was $2.4 billion, up 178.75%.
CoreWeave has reported Depreciation and Depletion over the past 3 years, most recently at $1.1 billion for Q1 2026.
- Depreciation and Depletion reached $1.1 billion in Q1 2026 per CRWV's latest filing, up from $800.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $1.1 billion in Q1 2026 and bottomed at $79.0 million in Q1 2024.
- Median Depreciation and Depletion over the past 3 years was $443.0 million (2025), compared with a mean of $486.4 million.
- Peak annual rise in Depreciation and Depletion hit 460.76% in 2025, while the deepest fall reached 119.18% in 2025.
- Over 3 years, Depreciation and Depletion stood at $365.0 million in 2024, then skyrocketed by 119.18% to $800.0 million in 2025, then surged by 37.5% to $1.1 billion in 2026.
- Business Quant data shows Depreciation and Depletion for CRWV at $1.1 billion in Q1 2026, $800.0 million in Q4 2025, and $621.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,115.84 Bn | 3,037.57 Bn | 56.06 Bn | 9.00 Bn |
| 2 | Oracle | 544.25 Bn | 505.67 Bn | 15.14 Bn | 2.15 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 | - |
| 6 | Fortinet | 95.68 Bn | 92.39 Bn | 1.49 Bn | 29.50 Mn |
| 7 | Synopsys | 95.66 Bn | 95.54 Bn | 1.77 Bn | - |
| 8 | Cloudflare | 74.88 Bn | 73.94 Bn | 455.60 Mn | 49.20 Mn |
| 9 | CoreWeave | 56.29 Bn | 54.02 Bn | 2.01 Bn | 1.10 Bn |
| 10 | Block | 40.97 Bn | 34.07 Bn | 2.91 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 Bn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 800.00 Mn |
| Dec 31, 2025 | 800.00 Mn |
| Sep 30, 2025 | 621.00 Mn |
| Sep 30, 2025 | 621.00 Mn |
| Jun 30, 2025 | 553.00 Mn |
| Jun 30, 2025 | 553.00 Mn |
| Mar 31, 2025 | 443.00 Mn |
| Mar 31, 2025 | 443.00 Mn |
| Dec 31, 2024 | 365.00 Mn |
| Dec 31, 2024 | 365.00 Mn |
| Sep 30, 2024 | 253.00 Mn |
| Sep 30, 2024 | 253.00 Mn |
| Jun 30, 2024 | 164.00 Mn |
| Jun 30, 2024 | 164.00 Mn |
| Mar 31, 2024 | 79.00 Mn |
| Mar 31, 2024 | 79.00 Mn |