CoreWeave, Inc. Class A Common Stock (CRWV) Financials
Key financial figures for CoreWeave, Inc. Class A Common Stock (Q3 2026).
CoreWeave Q3 2026 revenue was $3.661 billion, up from $1.365 billion a year earlier, with revenue backlog of approximately $132.5 billion and full year revenue guidance raised to $13.0 billion to $13.3 billion. Revenue was $3,661 million for the quarter ended September 30, 2026, against $1,365 million in the year-ago quarter (about 2.7 times, calculated) and $3.543 billion consensus from our earnings calendar; the company called it a quarter in which revenue rose by more than $1 billion sequentially. GAAP operating income was $207 million (6% margin) versus $52 million a year earlier; interest expense, net was $846 million versus $310 million, so the net loss widened to $709 million from $110 million. On the outlook: Full year 2026 revenue of $13.0 billion to $13.3 billion (raised); full year 2026 adjusted operating income of $1.275 billion to $1.375 billion (raised, a 26% increase at the midpoint versus prior guidance); more than 1.85 gigawatts of active power at year-end (unchanged); full year 2026 capital expenditures of $37 billion to $39 billion (low end raised from $35 billion); Q4 2026 interest expense of $1.05 billion to $1.15 billion; annualized run-rate revenue of $20 billion to $21 billion to exit 2026 (raised). Figures are for Q3 2026, as CoreWeave, Inc. reported them.
- Revenue
- $3.7B
- Net Income
- -$709M
- EPS
- $-1.27
- Total Assets
- $91.5B
- Operating Cash Flow
- $2.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.7B | -$709M | -$1.27 | 5.65% | -$7.5B |
| Q2 FY2026 | $2.6B | -$626M | -$1.14 | -1.9% | -$5.7B |
| Q1 FY2026 | $2.1B | -$740M | -$1.40 | -6.93% | -$4.7B |
| Q4 FY2025 | $1.6B | -$452M | -$0.89 | -5.7% | -$2.5B |
| Q3 FY2025 | $1.4B | -$110M | -$0.22 | 3.8% | -$700M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.1B | -$1.2B | -$2.81 | -0.9% | -$7.3B |
| FY2024 | $1.9B | -$863M | -$2.02 | 16.92% | -$6.0B |
| FY2023 | $229M | -$594M | -$1.47 | -6.11% | -$1.1B |
Frequently asked questions
What was CoreWeave, Inc.'s revenue last quarter?
CoreWeave, Inc. reported revenue of $3.66 billion for Q3 FY2026, up 168.3% from the same period a year earlier.
Is CoreWeave, Inc. profitable?
Not in its most recent reported period. CoreWeave, Inc. reported a net loss of $709.0 million for Q3 FY2026, a net margin of -19.37% on revenue.
How has CoreWeave, Inc.'s margin trended?
Operating margin was 5.65% in Q3 FY2026, compared with 3.8% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did CoreWeave, Inc. generate?
CoreWeave, Inc. generated free cash flow of -$7.47 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for CoreWeave, Inc. Class A Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.