CoreWeave (CRWV) Free Cash Flow (2024 - 2026)
CoreWeave's (CRWV) quarterly Free Cash Flow came in at -$5.7 billion in Q2 2026, down 174.52% year-over-year from $7.7 billion in Q2 2025, and down 21.91% quarter-over-quarter from -$4.7 billion in Q1 2026.
CoreWeave (CRWV) Free Cash Flow (2024 - 2026) Analysis & Trends
CoreWeave has disclosed Free Cash Flow across 3 years of filings, most recently posting -$5.7 billion for Q2 2026.
- In Q2 2026, Free Cash Flow fell 174.52% year-over-year to -$5.7 billion; the TTM figure through Jun 2026 stood at -$14.5 billion (down 82.69% YoY), while the FY2025 annual figure was -$8.1 billion, down 35.95% from the prior year.
- Free Cash Flow came in at -$5.7 billion for Q2 2026 at CoreWeave, down from -$4.7 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $297.1 million in Q1 2024 to a low of -$5.7 billion in Q2 2026.
- Average Free Cash Flow over 3 years is -$2.4 billion, with a median of -$2.2 billion recorded in 2024.
- The largest YoY upside for Free Cash Flow was 11.54% in 2025 against a maximum downside of 759.03% in 2025.
- Over 3 years, Free Cash Flow stood at -$3.3 billion in 2024, then retreated by 0.96% to -$3.3 billion in 2025, then sank by 71.8% to -$5.7 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$5.7 billion in Q2 2026, -$4.7 billion in Q1 2026, and -$3.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | 19.64 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | 2.37 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 67.60 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | -511.00 Mn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | 7.90 Bn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | -5.74 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 212.80 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 277.57 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 181.34 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 76.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.74 Bn |
| Mar 31, 2026 | -4.71 Bn |
| Dec 31, 2025 | -2.50 Bn |
| Sep 30, 2025 | -700.19 Mn |
| Jun 30, 2025 | -2.70 Bn |
| Mar 31, 2025 | -1.35 Bn |
| Dec 31, 2024 | -3.31 Bn |
| Sep 30, 2024 | -573.93 Mn |
| Jun 30, 2024 | -2.36 Bn |
| Mar 31, 2024 | 297.10 Mn |
CoreWeave Free Cash Flow 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=free-cash-flow&ticker=CRWV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();