CoreWeave (CRWV) Operating Leases (2024 - 2026)

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

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

CoreWeave (CRWV) has 3 years of Operating Leases data on file, last reported at $9.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 207.75% year-over-year to $9.6 billion; the trailing twelve-month figure through Mar 2026 stood at $9.6 billion (up 207.75% YoY), and the FY2025 full-year result was $8.2 billion, up 214.95% from the prior year.
  • Operating Leases improved to $9.6 billion in Q1 2026, from $8.2 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $9.6 billion in Q1 2026 to a low of $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.
  • Across the five-year window, Operating Leases soared 214.95% in 2025 and surged 207.75% in 2026, its largest moves.
  • Tracing CRWV's Operating Leases over 3 years: stood at $2.6 billion in 2024, then soared by 214.95% to $8.2 billion in 2025, then gained by 16.69% to $9.6 billion in 2026.
  • Business Quant data shows CRWV's Operating Leases at $9.6 billion in Q1 2026, $8.2 billion in Q4 2025, and $4.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn
3 Oracle 329.59 Bn 297.69 Bn -
4 Repay Holdings 314.63 Bn 314.48 Bn -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn
10 CoreWeave 37.91 Bn 37.11 Bn 1.36 Bn

Historic Data

Download Data
DateValue
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