CoreWeave is a specialized AI cloud provider focused on GPU infrastructure for model training and inference. Its investment outlook turns on backlog quality, customer concentration, debt load, and whether AI compute demand stays supply constrained.

CoreWeave Inc. (CRWV) Stock Price & Market Analysis
CRWV · NASDAQ · Software - Infrastructure
$61.39
▼ -$8.30(-11.91%)4:00 PM ET - vs previous closeQuote as of Oct 16, 2026, 4:00 PM EDT
Regular-session close · Oct 16, 2026, 4:00 PM EDT.
Yahoo Finance · delayed, minutes not stated · as of Oct 16, 2026, 4:00 PM EDT · current source
Price history: 2025-10-13–2026-10-16. Earlier trading may not be included. Highs and lows use intraday prices when available, otherwise closing prices. The 52-week range is reported separately by Yahoo Finance.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Nov 11, 2026Next earningsFinnhub · Confirmed · Last verified 2026-10-17
Countdown
25 days out
Reported fundamentals
CRWV financial overview
Annual revenue
USD 5.13B
Sales for the fiscal year ended Dec 31, 2025. This is not trailing twelve-month revenue.
Revenue change
+167.9%
Change versus the fiscal year ended Dec 31, 2024.
Net profit margin
-22.7%
Net income divided by revenue for the fiscal year ended Dec 31, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · Profile
About CoreWeave Inc. (CRWV)
Sector, leadership, and how CoreWeave Inc. earns its revenue.
Technology
Company · Profile
About CoreWeave Inc. (CRWV)
Sector, leadership, and how CoreWeave Inc. earns its revenue.
CoreWeave Inc.
NASDAQ · CRWV · US
Company overview.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- Livingston, NJ, United States
- Country
- US
- Founded
- 2025
- Employees
- 2,189
- CEO
- Mr. Michael N. Intrator
- Exchange
- NASDAQ
How CoreWeave Inc. makes money
Business model
GPU cloud for AI workloads
CoreWeave rents accelerated compute capacity to AI labs, enterprises, and hyperscalers that need large clusters without building all infrastructure internally.
Visibility
Backlog is the central asset
Contracted backlog offers visibility into potential revenue. Compare it with profitability, financing needs, and the timing of customer commitments.
Financial debate
High growth with heavy leverage
CoreWeave can grow faster than mature cloud platforms, but financing GPU capacity creates balance-sheet pressure that investors must underwrite.
Competitive frame
Neocloud versus hyperscalers
The company competes with Nebius, Oracle, AWS, Azure, Google Cloud, and private AI infrastructure builds. Differentiation depends on delivery speed, GPU access, and customer trust.
Key takeaways for CRWV
CRWV is a pure AI-infrastructure execution story with unusually high visibility and unusually high capital intensity.
Backlog growth is positive only if margins, financing costs, and utilization remain healthy.
The biggest risk is not demand in isolation; it is whether demand arrives at prices that justify the debt-backed buildout.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 112.5%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · SEC Companyfacts · 2026-06-30
Growth produces accounting profit
Contradicting observation: -25.4%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · SEC Companyfacts · 2026-10-17T13:30:45.514Z
The business generates cash after investment
Contradicting observation: USD -5.74B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · SEC Companyfacts · 2026-06-30
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $2.58Bquarter ended Jun 30, 2026
- Operating margin
- -1.9%quarter ended Jun 30, 2026
- EPS
- -$1.14quarter ended Jun 30, 2026
- Capital expenditure
- $6.42Bquarter ended Jun 30, 2026
- Free cash flow
- -$5.74Bquarter ended Jun 30, 2026
- Free cash flow margin
- -223.0%quarter ended Jun 30, 2026
- Revenue growth year over year
- 112.5%quarter ended Jun 30, 2026
Leadership
Chief executive officerMr. Michael N. Intrator
Source: Yahoo Finance · Oct 17, 2026
Ownership filings and insider activityCompetitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-19 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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