CoreWeave CRWV
NASDAQ CRWV
$86.18 -1.67 (-1.90%)
As of: Aug 24, 2026 · 3:59 PM EDT

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
DateValue
Dec 31, 2025 -23.31%
Dec 31, 2024 -48.93%
Dec 31, 2023 -259.39%