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| Date | Value |
|---|---|
| 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% |