CoreWeave (CRWV) Gross Margin (2024 - 2026)

CoreWeave has disclosed Gross Margin across 3 years of filings, most recently posting 96.68% for Q1 2026.

• Gross Margin for Q1 2026 came in at 96.68%, up 2336.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.73% (down 2510.0% YoY), and the FY2025 annual result was 71.68%, down 2738.0% from the prior year.
• Gross Margin came in at 96.68% for Q1 2026 at CoreWeave, up from 13.42% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 139.25% in Q4 2024 to a low of 13.42% in Q4 2025.
• The 3-year median for Gross Margin is 96.97% (2025), against an average of 90.26%.
• Across the five-year window, Gross Margin plunged 12583 bps in 2025 and surged 2336 bps in 2026, its largest moves.
• CoreWeave's Gross Margin stood at 139.25% in 2024, then slumped by 90 bps to 13.42% in 2025, then surged by 621 bps to 96.68% in 2026.
• The last three Gross Margin figures came in at 96.68% (Q1 2026), 13.42% (Q4 2025), and 96.73% (Q3 2025), per Business Quant data.