CoreWeave (CRWV) Research & Development (2024 - 2026)
CoreWeave (CRWV) reported Research & Development of $69.0 million for Q1 2026, up 527.27% on a YoY basis from $11.0 million in Q1 2025, and up 32.67% sequentially from $52.0 million in Q4 2025.
CoreWeave (CRWV) Research & Development (2024 - 2026) Analysis & Trends
CoreWeave (CRWV) has 3 years of Research & Development data on file, last reported at $69.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 527.27% year-over-year to $69.0 million; the trailing twelve-month figure through Mar 2026 stood at $202.5 million (up 711.43% YoY), and the FY2025 full-year result was $144.0 million, up 700.0% from the prior year.
- Research & Development grew to $69.0 million in Q1 2026, from $52.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $69.0 million in Q1 2026 to a low of $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.
- Peak annual rise in Research & Development reached 895.54% in 2025, while the deepest fall reached 171.6% in 2025.
- Tracing CRWV's Research & Development over 3 years: 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.
- Business Quant data shows CRWV's Research & Development at $69.0 million in Q1 2026, $52.0 million in Q4 2025, and $44.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 271.60 Mn |
| 10 | CoreWeave | 37.91 Bn | 37.11 Bn | 1.36 Bn | 69.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |