Growth Metrics

CoreWeave (CRWV) Operating Expenses (2024 - 2026)

CoreWeave's Operating Expenses history spans 2 years, with the latest figure at $1.7 billion for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 161.78% to $1.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $5.2 billion, a 225.39% increase, with the full-year FY2025 number at $5.2 billion, up 225.39% from a year prior.
  • Operating Expenses hit $1.7 billion in Q4 2025 for CoreWeave, up from $1.3 billion in the prior quarter.
  • Over the last five years, Operating Expenses for CRWV hit a ceiling of $1.7 billion in Q4 2025 and a floor of $171.8 million in Q1 2024.