CoreWeave (CRWV) EBITDA Margin (2024 - 2026)

CoreWeave (CRWV) posted EBITDA Margin of 6.93% for Q1 2026, down 21.59% sequentially from 5.7% in Q4 2025, and down 418.0% YoY from 2.18% in Q1 2025.

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

CoreWeave has reported EBITDA Margin for 3 years, with the latest figure at 6.93% in Q1 2026.

  • Quarterly EBITDA Margin fell 418.0% year-over-year to 6.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.61% (down 1295.0% YoY) and the FY2025 annual result came in at 0.9%, down 1782.0% from the prior year.
  • EBITDA Margin eased to 6.93% in Q1 2026 per CRWV's latest filing, from 5.7% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 20.06% in Q3 2024 and troughed at 6.93% in Q1 2026.
  • A 3-year average of 5.96% and a median of 3.8% in 2025 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2025 and 2026: EBITDA Margin slumped 2073 bps in 2025, then plunged 418 bps in 2026.
  • Over 3 years, EBITDA Margin stood at 15.04% in 2024, then tumbled by 138 bps to 5.7% in 2025, then decreased by 22 bps to 6.93% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 6.93%, 5.7%, and 3.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 45.11%
2 Oracle 433.50 Bn 402.15 Bn - 31.97%
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 47.12%
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -6.10%
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 33.66%
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -29.55%
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 8.43%
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -1.90%
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 6.75%
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn 27.31%

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.90%
Mar 31, 2026 -6.93%
Dec 31, 2025 -5.70%
Sep 30, 2025 3.80%
Jun 30, 2025 1.58%
Mar 31, 2025 -2.75%
Dec 31, 2024 15.04%
Sep 30, 2024 20.06%
Jun 30, 2024 19.66%
Mar 31, 2024 8.93%