CoreWeave (CRWV) EBITDA (2024 - 2026)

CoreWeave's (CRWV) quarterly EBITDA came in at -$735.0 million in Q1 2026, down 133.33% year-on-year from $2.2 billion in Q1 2025, and down 720.41% quarter-over-quarter from -$89.6 million in Q4 2025.

CoreWeave (CRWV) EBITDA (2024 - 2026) Analysis & Trends

CoreWeave has disclosed EBITDA across 3 years of filings, most recently posting -$735.0 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$735.0 million, down 133.33% year-over-year; the trailing twelve-month figure through Mar 2026 was -$753.5 million (down 9502.78% YoY), and the FY2025 annual result was -$46.0 million, down 114.2% from the prior year.
  • EBITDA came in at -$735.0 million for Q1 2026 at CoreWeave, down from -$89.6 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $117.1 million in Q3 2024 to a low of -$735.0 million in Q1 2026.
  • The 3-year median for EBITDA is $19.2 million (2025), against an average of -$82.7 million.
  • Peak annual rise in EBITDA reached 55.73% in 2025, while the deepest fall reached 1969.77% in 2025.
  • CoreWeave's EBITDA stood at $112.3 million in 2024, then plunged by 179.77% to -$89.6 million in 2025, then plunged by 720.41% to -$735.0 million in 2026.
  • The last three EBITDA figures came in at -$735.0 million (Q1 2026), -$89.6 million (Q4 2025), and $51.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Microsoft 3,095.86 Bn 3,017.59 Bn 56.06 Bn 38.40 Bn
2 Alarum Technologies 1,030.32 Bn 1,016.16 Bn 7.23 Mn 372,000.00
3 Oracle 614.12 Bn 575.54 Bn 15.14 Bn 5.46 Bn
4 Palantir Technologies 324.44 Bn 316.52 Bn 1.42 Bn 754.00 Mn
5 Palo Alto Networks 189.07 Bn 184.54 Bn 1.91 Bn 397.00 Mn
6 CrowdStrike Holdings 168.14 Bn 165.09 Bn 993.68 Mn 13.79 Mn
7 Fortinet 106.89 Bn 103.59 Bn 1.49 Bn 580.00 Mn
8 Cloudflare 88.20 Bn 87.25 Bn 455.60 Mn -61.99 Mn
9 Synopsys 88.13 Bn 88.01 Bn 1.77 Bn 203.05 Mn
10 CoreWeave 52.91 Bn 50.64 Bn 2.01 Bn -735.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -735.00 Mn
Dec 31, 2025 -89.59 Mn
Sep 30, 2025 51.85 Mn
Jun 30, 2025 19.21 Mn
Mar 31, 2025 -315.00 Mn
Dec 31, 2024 112.32 Mn
Sep 30, 2024 117.12 Mn
Jun 30, 2024 77.72 Mn
Mar 31, 2024 16.85 Mn