CoreWeave (CRWV) Depreciation and Depletion (2024 - 2026)
CoreWeave (CRWV) recorded Depreciation and Depletion of $1.4 billion in Q2 2026, up 153.2% from $553 million a year earlier and up 27.3% from the prior quarter.
Powered by 
Analysis
CoreWeave (CRWV) Depreciation and Depletion (2024 - 2026) Analysis & Trends
On a TTM basis, CoreWeave's Depreciation and Depletion came in at $3.92 billion as of Jun 30, 2026, up 142.9% year-over-year; for FY2025, it was $2.4 billion, up 178.7% from FY2024.
- Across earlier years, Depreciation and Depletion came in at $861 million in FY2024 (+752.5%) and $101 million in FY2023.
- The Q2 2026 figure is the highest quarterly Depreciation and Depletion in data going back to Q1 2024.
- On a year-over-year basis, Depreciation and Depletion has increased for six consecutive quarters, with growth averaging 210.7% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $1.1 billion (Q1 2026), $800 million (Q4 2025) and $621 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 10.30 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 533.00 Mn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 51.50 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | - |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 253.80 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 1.40 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | - |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 16.30 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | - |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Bn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 800.00 Mn |
| Sep 30, 2025 | 621.00 Mn |
| Jun 30, 2025 | 553.00 Mn |
| Mar 31, 2025 | 443.00 Mn |
| Dec 31, 2024 | 365.00 Mn |
| Sep 30, 2024 | 253.00 Mn |
| Jun 30, 2024 | 164.00 Mn |
| Mar 31, 2024 | 79.00 Mn |
API Access
CoreWeave Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=CRWV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "CRWV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();