CoreWeave (CRWV) Net Margin (2023 - 2025)
CoreWeave (CRWV) posted Net Margin of 23.31% for FY2025, up 52.36% year-over-year from 48.93% in FY2024.
CoreWeave (CRWV) Net Margin (2023 - 2025) Analysis & Trends
CoreWeave has reported Net Margin for 3 years, with the latest figure at 23.31% in FY2025.
- Quarterly Net Margin fell 68.0% year-over-year to 35.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.57% (up 1691.0% YoY) and the FY2025 annual result came in at 23.31%, up 2562.0% from the prior year.
- Net Margin climbed to 23.31% in FY2025 per CRWV's latest filing, from 48.93% in the prior year.
- Over five years, Net Margin peaked at 23.31% in FY2025 and troughed at 259.39% in FY2023.
- A 3-year average of 110.54% and a median of 48.93% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 21046 bps in 2024, then surged 2562 bps in 2025.
- Over 3 years, Net Margin stood at 259.39% in 2023, then soared by 81 bps to 48.93% in 2024, then surged by 52 bps to 23.31% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 23.31%, 48.93%, and 259.39% for FY2025, FY2024, and FY2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,625.31 Bn | 3,492.56 Bn | 60.48 Bn | 39.50% |
| 2 | Palantir Technologies | 422.99 Bn | 413.58 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.86 Bn | 375.97 Bn | - | 22.93% |
| 4 | Palo Alto Networks | 280.29 Bn | 277.18 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 193.50 Bn | 188.94 Bn | 1.04 Bn | - |
| 6 | Fortinet | 111.52 Bn | 107.45 Bn | 1.64 Bn | - |
| 7 | Cloudflare | 99.47 Bn | 95.31 Bn | 499.52 Mn | - |
| 8 | Synopsys | 74.80 Bn | 72.52 Bn | 1.77 Bn | - |
| 9 | Block | 48.75 Bn | 42.33 Bn | 3.17 Bn | - |
| 10 | CoreWeave | 47.47 Bn | 41.93 Bn | 1.70 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.31% |
| Dec 31, 2024 | -48.93% |
| Dec 31, 2023 | -259.39% |