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| Date | Value |
|---|---|
| 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 |