CoreWeave (CRWV) FCF Margin (2024 - 2026)
CoreWeave (CRWV) posted FCF Margin of -223.03% for Q2 2026, up 0.07 percentage points from -223.10% a year earlier and up 3.68 percentage points from the prior quarter.
CoreWeave (CRWV) FCF Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at CoreWeave was -179.92%, up 45.20 percentage points year-over-year; for FY2025, it was -141.32%, up 169.54 percentage points from FY2024.
- In prior years, CoreWeave's FCF Margin was -310.86% in FY2024 (+173.85 pp) and -484.72% in FY2023.
- Quarterly FCF Margin has run from a low of -598.17% in Q2 2024 to a high of 157.46% in Q1 2024 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last six quarters, with an average year-over-year change of +53.69 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -226.71% (Q1 2026), -159.09% (Q4 2025) and -51.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | -23.31% |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 36.66% |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 33.70% |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 16.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -223.03% |
| Mar 31, 2026 | -226.71% |
| Dec 31, 2025 | -159.09% |
| Sep 30, 2025 | -51.31% |
| Jun 30, 2025 | -223.10% |
| Mar 31, 2025 | -137.07% |
| Dec 31, 2024 | -443.26% |
| Sep 30, 2024 | -98.29% |
| Jun 30, 2024 | -598.17% |
| Mar 31, 2024 | 157.46% |
CoreWeave FCF Margin 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=fcf-margin&ticker=CRWV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();