CoreWeave (CRWV) Other Working Capital Changes (2024 - 2026)
CoreWeave (CRWV) reported Other Working Capital Changes of $790 million for Q2 2026, down 20.2% from $990 million a year earlier but up 37.4% from the prior quarter.
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Analysis
CoreWeave (CRWV) Other Working Capital Changes (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, CoreWeave's Other Working Capital Changes came in at $4.8 billion, up 278.4% year-over-year; for FY2025, it was $4.17 billion, up 103.7% from FY2024.
- By year, Other Working Capital Changes came in at $2.05 billion in FY2024 (+3.2%) and $1.99 billion in FY2023.
- Five-year quarterly Other Working Capital Changes spans a low of -$368.01 million in Q4 2024 and a high of $2.77 billion in Q4 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at $575 million (Q1 2026), $2.77 billion (Q4 2025) and $659.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | 2.42 Bn |
| Sep 30, 2025 | 142.25 Mn |
| Jun 30, 2025 | 383.00 Mn |
| Mar 31, 2025 | 180.00 Mn |
| Dec 31, 2024 | -457.68 Mn |
| Sep 30, 2024 | 812.83 Mn |
| Jun 30, 2024 | -284.66 Mn |
| Mar 31, 2024 | 1.38 Bn |
API Access
CoreWeave Other Working Capital Changes 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=other-working-capital-changes&ticker=CRWV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=CRWV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();