CoreWeave reported a gross margin of 65.86% and a net margin of -24.31% for the quarter ended Jun 2026. These financial ratios cover 10 quarters of results from Mar 2024 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross Margin | 68.61% | 72.47% | 75.49% | 75.66% | 73.32% | 74.17% | 72.97% | 67.61% | 65.54% | 65.86% |
| EBT Margin | -60.34% | -71.55% | -54.48% | -3.90% | -27.39% | -19.97% | -17.35% | -29.70% | -31.57% | -21.90% |
| EBIT Margin | 8.93% | 19.66% | 20.06% | 15.04% | -2.75% | 1.57% | 3.80% | -5.70% | -6.93% | -1.90% |
| EBITDA Margin | 8.93% | 19.66% | 20.06% | 15.04% | -2.75% | 1.57% | 3.80% | -5.70% | -6.93% | -1.90% |
| Operating Margin | 8.93% | 19.66% | 20.06% | 15.04% | -2.75% | 1.57% | 3.80% | -5.70% | -6.93% | -1.90% |
| Net Margin | -68.50% | -85.65% | -66.64% | -10.71% | -34.93% | -23.93% | -8.07% | -28.76% | -35.61% | -24.31% |
| FCF Margin | 157.46% | -598.17% | -98.29% | -443.26% | -199.39% | -172.61% | -51.31% | -212.66% | -226.71% | -223.03% |
| Efficiency | ||||||||||
| Assets AverageAssets Avg. | 19.85B | 24.05B | 29.58B | 41.11B | 52.44B | 66.32B | ||||
| Invested CapitalInvested Cap. | 9.98B | 14.39B | 17.34B | 21.63B | 3.98B | 37.16B | 8.69B | |||
| Asset Utilization RatioAsset Util. | 0.14 | 0.15 | 0.15 | 0.12 | 0.12 | 0.11 | ||||
| Leverage & Solvency | ||||||||||
| Debt Ratio | 0.58 | 0.57 | 0.56 | 0.54 | 0.01 | 0.58 | 0.05 | |||
| Valuation | ||||||||||
| Price to EarningsP/E | -47.08 | -257.62 | -618.35 | -79.53 | -55.69 | -87.61 | ||||
| Price to SalesP/S | 16.45 | 61.64 | 49.90 | 22.87 | 19.83 | 21.30 | ||||
| Price to BookP/B | 8.47 | 28.11 | 17.56 | 10.78 | 8.66 | 10.92 | ||||
| Enterprise Value | 14.87B | 73.56B | 66.15B | 32.79B | 38.95B | 49.31B | ||||
| EV to EBIT | -550.87 | 0.00B | 0.00B | -365.97 | -270.47 | -0.00B | ||||
| EV to EBITDA | -550.87 | 0.00B | 0.00B | -365.97 | -270.47 | -0.00B | ||||
| Market Capitalization | 16.15B | 74.71B | 68.10B | 35.95B | 41.21B | 54.85B | ||||
| Price to FCFP/FCF | -8.25 | -35.71 | -97.25 | -10.75 | -8.75 | -9.55 | ||||
| EV to FCF | -7.60 | -35.16 | -94.48 | -9.81 | -8.27 | -8.59 | ||||
| EV to CFO | 243.83 | -293.06 | 39.17 | 21.03 | 13.05 | 72.62 | ||||
| Return Ratios | ||||||||||
| Return on Sales [ROS]ROS | 8.93% | 19.66% | 20.06% | 15.04% | -2.75% | 1.57% | 3.80% | -5.70% | -6.93% | -1.90% |
| Return on Capital Employed [ROCE]ROCE | 2.20% | 1.34% | 0.79% | -0.19% | -0.47% | -0.51% | ||||
| Return on Invested Capital [ROIC]ROIC | 2.68% | 1.65% | 0.79% | -0.34% | -0.79% | -1.01% | ||||
| Return on Assets [ROA]ROA | -5.28% | -4.22% | -2.59% | -2.84% | -3.04% | -2.91% |