CoreWeave (CRWV) EBT (2024 - 2026)
CoreWeave's (CRWV) quarterly EBT came in at -$564.0 million in Q2 2026, down 133.06% year-over-year from $1.7 billion in Q2 2025, and up 14.02% quarter-over-quarter from -$656.0 million in Q1 2026.
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Analysis
CoreWeave (CRWV) EBT (2024 - 2026) Analysis & Trends
CoreWeave has disclosed EBT across 3 years of filings, most recently posting -$564.0 million for Q2 2026.
- In Q2 2026, EBT fell 133.06% year-over-year to -$564.0 million; the TTM figure through Jun 2026 stood at -$1.9 billion (down 124.13% YoY), while the FY2025 annual figure was -$1.2 billion, down 63.31% from the prior year.
- EBT came in at -$564.0 million for Q2 2026 at CoreWeave, up from -$656.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$29.1 million in Q4 2024 to a low of -$656.0 million in Q1 2026.
- Average EBT over 3 years is -$317.9 million, with a median of -$275.9 million recorded in 2024.
- The largest YoY upside for EBT was 25.57% in 2025 against a maximum downside of 1502.5% in 2025.
- Over 3 years, EBT stood at -$29.1 million in 2024, then tumbled by 1502.5% to -$466.9 million in 2025, then retreated by 20.81% to -$564.0 million in 2026.
- Per Business Quant data, the three most recent EBT figures were -$564.0 million in Q2 2026, -$656.0 million in Q1 2026, and -$466.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 44.05 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 2.48 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | -167.94 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | 523.00 Mn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | -680,000.00 |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | -564.00 Mn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 281.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 82.72 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 100.03 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 27.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -564.00 Mn |
| Mar 31, 2026 | -656.00 Mn |
| Dec 31, 2025 | -466.86 Mn |
| Sep 30, 2025 | -236.80 Mn |
| Jun 30, 2025 | -242.00 Mn |
| Mar 31, 2025 | -269.00 Mn |
| Dec 31, 2024 | -29.13 Mn |
| Sep 30, 2024 | -318.15 Mn |
| Jun 30, 2024 | -282.87 Mn |
| Mar 31, 2024 | -113.85 Mn |
API Access
CoreWeave EBT 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=ebt&ticker=CRWV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();