CoreWeave (CRWV) Research & Development (2024 - 2026)
CoreWeave (CRWV) posted Research & Development of $69.0 million for Q1 2026, up 32.67% sequentially from $52.0 million in Q4 2025, and up 527.27% YoY from $11.0 million in Q1 2025.
CoreWeave (CRWV) Research & Development (2024 - 2026) Analysis & Trends
CoreWeave has reported Research & Development for 3 years, with the latest figure at $69.0 million in Q1 2026.
- Quarterly Research & Development rose 527.27% year-over-year to $69.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $202.5 million (up 711.43% YoY) and the FY2025 annual result came in at $144.0 million, up 700.0% from the prior year.
- Research & Development grew to $69.0 million in Q1 2026 per CRWV's latest filing, from $52.0 million in the prior quarter.
- Over five years, Research & Development peaked at $69.0 million in Q1 2026 and troughed at $4.0 million in Q1 2024.
- A 3-year average of $25.7 million and a median of $11.0 million in 2025 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 895.54% in 2025, down 171.6% in 2025.
- Over 3 years, Research & Development stood at $5.2 million in 2024, then soared by 895.54% to $52.0 million in 2025, then jumped by 32.67% to $69.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $69.0 million, $52.0 million, and $44.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.01 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 339.50 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 664.96 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 261.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.00 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 52.01 Mn |
| Sep 30, 2025 | 44.65 Mn |
| Jun 30, 2025 | 36.80 Mn |
| Mar 31, 2025 | 11.00 Mn |
| Dec 31, 2024 | 5.22 Mn |
| Sep 30, 2024 | 4.55 Mn |
| Jun 30, 2024 | 4.17 Mn |
| Mar 31, 2024 | 4.05 Mn |