CoreWeave (CRWV) Operating Leases (2024 - 2026)
CoreWeave's (CRWV) quarterly Operating Leases came in at $10.0 billion in Q1 2026, up 250.44% year-on-year from $2.9 billion in Q1 2025, and up 22.64% quarter-over-quarter from $8.2 billion in Q4 2025.
CoreWeave (CRWV) Operating Leases (2024 - 2026) Analysis & Trends
CoreWeave has disclosed Operating Leases across 3 years of filings, most recently posting $10.0 billion for Q1 2026.
- Operating Leases for Q1 2026 came in at $10.0 billion, up 250.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.0 billion (up 250.44% YoY), and the FY2025 annual result was $8.2 billion, up 214.95% from the prior year.
- Operating Leases came in at $10.0 billion for Q1 2026 at CoreWeave, up from $8.2 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $10.0 billion in Q1 2026 to a low of $2.6 billion in Q4 2024.
- The 3-year median for Operating Leases is $4.1 billion (2025), against an average of $5.3 billion.
- Across the five-year window, Operating Leases soared 214.95% in 2025 and surged 250.44% in 2026, its largest moves.
- CoreWeave's Operating Leases stood at $2.6 billion in 2024, then jumped by 214.95% to $8.2 billion in 2025, then grew by 22.64% to $10.0 billion in 2026.
- The last three Operating Leases figures came in at $10.0 billion (Q1 2026), $8.2 billion (Q4 2025), and $4.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn |
| 10 | CoreWeave | 52.91 Bn | 50.64 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.05 Bn |
| Dec 31, 2025 | 8.20 Bn |
| Sep 30, 2025 | 4.72 Bn |
| Jun 30, 2025 | 3.45 Bn |
| Mar 31, 2025 | 2.87 Bn |
| Dec 31, 2024 | 2.60 Bn |