CoreWeave (CRWV) Operating Expenses (2024 - 2026)

CoreWeave has disclosed Operating Expenses across 3 years of filings, most recently posting $2.6 billion for Q2 2026.

• In Q2 2026, Operating Expenses rose 119.95% year-over-year to $2.6 billion; the TTM figure through Jun 2026 stood at $7.8 billion (up 136.73% YoY), while the FY2025 annual figure was $5.2 billion, up 225.39% from the prior year.
• Operating Expenses came in at $2.6 billion for Q2 2026 at CoreWeave, up from $2.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.6 billion in Q2 2026 to a low of $171.8 million in Q1 2024.
• Average Operating Expenses over 3 years is $1.2 billion, with a median of $1.1 billion recorded in 2025.
• Year-over-year, Operating Expenses soared 487.18% in 2025 and jumped 119.95% in 2026.
• Over 3 years, Operating Expenses stood at $634.7 million in 2024, then jumped by 161.78% to $1.7 billion in 2025, then soared by 57.93% to $2.6 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $2.6 billion in Q2 2026, $2.2 billion in Q1 2026, and $1.7 billion in Q4 2025.