CoreWeave (CRWV) Operating Income (2024 - 2026)
CoreWeave's Operating Income was -$49 million in Q2 2026, compared with $19 million a year earlier.
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Analysis
CoreWeave (CRWV) Operating Income (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, CoreWeave's Operating Income was -$230.74 million through Jun 30, 2026; for FY2025, it came in at -$46 million.
- In earlier years, Operating Income was $324 million in FY2024 and -$14 million in FY2023.
- Quarterly Operating Income has moved between -$144 million (Q1 2026) and $117.12 million (Q3 2024) over five years.
- Per Business Quant data, CRWV's Operating Income in the three quarters before Q2 2026 was -$144 million (Q1 2026), -$89.59 million (Q4 2025) and $51.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 40.60 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 2.62 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | -205.70 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 665.00 Mn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | -175.90 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | -49.00 Mn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 296.30 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 69.99 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 342.50 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 80.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.00 Mn |
| Mar 31, 2026 | -144.00 Mn |
| Dec 31, 2025 | -89.59 Mn |
| Sep 30, 2025 | 51.85 Mn |
| Jun 30, 2025 | 19.00 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 |
API Access
CoreWeave Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CRWV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CRWV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();