CoreWeave (CRWV) Operating Income (2024 - 2026)
CoreWeave's (CRWV) quarterly Operating Income came in at -$144.0 million in Q1 2026, down 433.33% year-on-year from $43.2 million in Q1 2025, and down 60.73% quarter-over-quarter from -$89.6 million in Q4 2025.
CoreWeave (CRWV) Operating Income (2024 - 2026) Analysis & Trends
CoreWeave has disclosed Operating Income across 3 years of filings, most recently posting -$144.0 million for Q1 2026.
- Operating Income for Q1 2026 came in at -$144.0 million, down 433.33% year-over-year; the trailing twelve-month figure through Mar 2026 was -$162.5 million (down 158.01% YoY), and the FY2025 annual result was -$46.0 million, down 114.2% from the prior year.
- Operating Income came in at -$144.0 million for Q1 2026 at CoreWeave, down from -$89.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $117.1 million in Q3 2024 to a low of -$144.0 million in Q1 2026.
- The 3-year median for Operating Income is $19.2 million (2025), against an average of $14.9 million.
- Across the five-year window, Operating Income sank 55.73% in 2025 and sank 433.33% in 2026, its largest moves.
- CoreWeave's Operating Income stood at $112.3 million in 2024, then plunged by 179.77% to -$89.6 million in 2025, then slumped by 60.73% to -$144.0 million in 2026.
- The last three Operating Income figures came in at -$144.0 million (Q1 2026), -$89.6 million (Q4 2025), and $51.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 809,000.00 |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 5.46 Bn |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 754.00 Mn |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 397.00 Mn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 13.79 Mn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 580.00 Mn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | -61.99 Mn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 203.05 Mn |
| 10 | CoreWeave | 52.91 Bn | 50.64 Bn | 2.01 Bn | -144.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -144.00 Mn |
| Dec 31, 2025 | -89.59 Mn |
| Sep 30, 2025 | 51.85 Mn |
| Jun 30, 2025 | 19.21 Mn |
| Mar 31, 2025 | -27.00 Mn |
| Dec 31, 2024 | 112.32 Mn |
| Sep 30, 2024 | 117.12 Mn |
| Jun 30, 2024 | 77.72 Mn |
| Mar 31, 2024 | 16.85 Mn |