CoreWeave (CRWV) Operating Leases (2024 - 2026)

CoreWeave (CRWV) posted Operating Leases of $9.6 billion for Q1 2026, up 16.69% sequentially from $8.2 billion in Q4 2025, and up 207.75% YoY from $3.1 billion in Q1 2025.

CoreWeave (CRWV) Operating Leases (2024 - 2026) Analysis & Trends

CoreWeave has reported Operating Leases for 3 years, with the latest figure at $9.6 billion in Q1 2026.

  • Quarterly Operating Leases rose 207.75% year-over-year to $9.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.6 billion (up 207.75% YoY) and the FY2025 annual result came in at $8.2 billion, up 214.95% from the prior year.
  • Operating Leases improved to $9.6 billion in Q1 2026 per CRWV's latest filing, from $8.2 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $9.6 billion in Q1 2026 and troughed at $2.6 billion in Q4 2024.
  • A 3-year average of $5.2 billion and a median of $3.9 billion in 2025 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2025 and 2026: Operating Leases surged 214.95% in 2025, then jumped 207.75% in 2026.
  • Over 3 years, Operating Leases stood at $2.6 billion in 2024, then soared by 214.95% to $8.2 billion in 2025, then grew by 16.69% to $9.6 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $9.6 billion, $8.2 billion, and $4.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn
2 Oracle 433.50 Bn 402.15 Bn -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 16.32 Bn
Mar 31, 2026 9.56 Bn
Dec 31, 2025 8.20 Bn
Sep 30, 2025 4.72 Bn
Jun 30, 2025 3.17 Bn
Mar 31, 2025 3.11 Bn
Dec 31, 2024 2.60 Bn