CoreWeave (CRWV) Operating Expenses (2024 - 2026)

CoreWeave has reported Operating Expenses for 3 years, with the latest figure at $2.2 billion in Q1 2026.

• Quarterly Operating Expenses rose 120.22% year-over-year to $2.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.4 billion (up 163.16% YoY) and the FY2025 annual result came in at $5.2 billion, up 225.39% from the prior year.
• Operating Expenses advanced to $2.2 billion in Q1 2026 per CRWV's latest filing, from $1.7 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $2.2 billion in Q1 2026 and troughed at $171.8 million in Q1 2024.
• A 3-year average of $998.9 million and a median of $1.0 billion in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 487.18% in 2025, then soared 120.22% in 2026.
• Over 3 years, Operating Expenses stood at $634.7 million in 2024, then soared by 161.78% to $1.7 billion in 2025, then surged by 33.74% to $2.2 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $2.2 billion, $1.7 billion, and $1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.