CoreWeave Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.58B | $2.08B | $1.36B | $1.21B | $982.0M | $583.9M | $395.4M | $188.7M |
| Cost of Revenue | $879.0M | $716.0M | $368.8M | $313.0M | $262.0M | $143.1M | $108.8M | $59.2M |
| Gross Profit | $1.70B | $1.36B | $995.9M | $899.0M | $720.0M | $440.8M | $286.5M | $129.5M |
| Gross Margin | 65.9% | 65.5% | 73.0% | 74.2% | 73.3% | 75.5% | 72.5% | 68.6% |
| Operating Expenses | ||||||||
| Research & Development | $117.0M | $104.0M | $93.0M | $80.0M | $70.0M | $14.0M | $12.0M | $9.0M |
| SG&A Expense | $178.0M | $164.0M | $151.9M | $174.0M | $175.0M | $33.6M | $21.8M | $15.7M |
| Operating Income | $-49.0M | $-144.0M | $51.9M | $19.0M | $-27.0M | $117.1M | $77.7M | $16.8M |
| Operating Margin | -1.9% | -6.9% | 3.8% | 1.6% | -2.7% | 20.1% | 19.7% | 8.9% |
| Interest Expense | $558.0M | $427.0M | $283.4M | $256.0M | $257.0M | $102.3M | $67.1M | $40.5M |
| Pretax Income | $-564.0M | $-656.0M | $-236.8M | $-242.0M | $-269.0M | $-318.1M | $-282.9M | $-113.8M |
| Income Tax Expense | $62.0M | $84.0M | $-126.7M | $48.0M | $46.0M | $41.7M | $40.2M | $15.4M |
| Net Income | $-626.0M | $-740.0M | $-110.1M | $-290.0M | $-315.0M | $-359.8M | $-323.0M | $-129.2M |
| Net Margin | -24.3% | -35.6% | -8.1% | -23.9% | -32.1% | -61.6% | -81.7% | -68.5% |
| EPS (Basic) | $-1.14 | $-1.40 | $-0.11 | $-0.30 | $-0.70 | $-0.91 | $-0.81 | $-0.31 |
| EPS (Diluted) | $-1.14 | $-1.40 | $-0.11 | $-0.30 | $-0.75 | $-0.91 | $-0.81 | $-0.31 |
| Shares Outstanding (Basic) | 551.0M | 527.0M | 995.8M | 974.0M | 492.0M | 427.6M | 419.3M | 418.5M |
| Shares Outstanding (Diluted) | 551.0M | 527.0M | 995.8M | 974.0M | 498.0M | 427.6M | 419.3M | 418.5M |
| Dividends Per Share | — | $0.00 | — | — | $0.00 | — | — | — |