Gross margin
71.7% Fiscal year 2025
Rank 84 of 100: higher than 84% of 153 peers (All). strong.
Rank 80 of 100: higher than 80% of 57 peers (Sector). strong.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
CoreWeave runs data centers with very large numbers of graphics processors and rents out the computing power as a cloud service, mainly for training and running AI models. Customers include large technology and AI companies. The stock has been listed on the Nasdaq since 2025. As of Oct 16, 2026
CoreWeave runs a cloud platform tailored specifically to artificial intelligence applications. Customers use it to obtain computing power, storage and tools to develop, deploy and run their own models. Its customers include research labs as well as enterprises. The platform runs in purpose-built, interconnected data centers in the United States, Europe and Canada. The company mostly leases the data centers from partners and negotiates leases for new sites as well as renewals of existing leases. Its offering also includes its own management software such as Mission Control and developer tools from Weights & Biases.
Automatically summarized from SEC annual report (10-K, filed Mar 2, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 17, 2026
Calculated automatically by fixed rules – not investment advice, check for yourself. How we analyze
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
CoreWeave · Sector Technology · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Mar 2, 2026.
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Dec 31, 2025
71.7% Fiscal year 2025
Rank 84 of 100: higher than 84% of 153 peers (All). strong.
Rank 80 of 100: higher than 80% of 57 peers (Sector). strong.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
−0.9% Fiscal year 2025
Rank 21 of 100: higher than 21% of 192 peers (All). weak.
Rank 36 of 100: higher than 36% of 60 peers (Sector). medium.
Median Technology: 14.2%
Operating income divided by revenue: what the core business earns before interest and taxes.
−22.7% Fiscal year 2025
Rank 12 of 100: higher than 12% of 237 peers (All). weak.
Rank 25 of 100: higher than 25% of 63 peers (Sector). weak.
Median Technology: 12.5%
Profit after all costs, interest and taxes divided by revenue.
−35.0% Fiscal year 2025
Rank 6 of 100: higher than 6% of 218 peers (All). weak.
Rank 12 of 100: higher than 12% of 61 peers (Sector). weak.
Median Technology: 13.5%
Net income divided by equity at fiscal year end.
−2.4% Fiscal year 2025 (total assets at year end)
Rank 14 of 100: higher than 14% of 238 peers (All). weak.
Rank 25 of 100: higher than 25% of 63 peers (Sector). weak.
Median Technology: 5.9%
Net income divided by total assets at fiscal year end.
6.8% Fiscal year 2025
Rank 9 of 100: higher than 9% of 239 peers (All). weak.
Rank 4 of 100: higher than 4% of 63 peers (Sector). weak.
Median Technology: 51.6%
Equity as a share of total assets. Usually low for banks.
−141.3% Fiscal year 2025
Rank 6 of 100: higher than 6% of 213 peers (All). weak.
Rank 10 of 100: higher than 10% of 62 peers (Sector). weak.
Median Technology: 19.0%
Free cash flow divided by revenue.
−7.3B USD Fiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
4 of 7 Fiscal year 2025
No rank: not all 9 criteria have data.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
6.41 at fiscal year end
Rank 2 of 100: lower than 2% of 199 peers (All). weak.
Rank 3 of 100: lower than 3% of 54 peers (Sector). weak.
Median Technology: 0.41
Long-term financial debt divided by equity.
0.46 at fiscal year end
Rank 2 of 100: higher than 2% of 215 peers (All). weak.
Rank 1 of 100: higher than 1% of 63 peers (Sector). weak.
Median Technology: 2.02
Current assets divided by current liabilities.
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 5.1B USD · Net income −1.2B USD · Net margin −22.7%
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Of 100 USD of revenue, 71.7 USD gross profit remained.
Operating loss: −0.9% of revenue
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 5.1B USD | 100.0% |
| Gross profit | 3.7B USD | 71.7% |
| Cost of revenue | 1.5B USD | 28.3% |
| Operating expenses | 3.7B USD | 72.6% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
The operating margin rose in 2 years from −6.1% to −0.9%.
Gross marginOperating marginNet margin Margins above ±200% hidden (revenue very small relative to the result).Return on assets rose within one year from −4.8% to −2.4%.
Return on equityReturn on assetsThe equity ratio rose within one year from −2.3% to 6.8%.
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.The current ratio rose within one year from 0.39 to 0.46.
Current ratioFree cash flow fell in 2 years from −1.1B USD to −7.3B USD.
Operating cash flowCapital expenditureFree cash flow in USDThe share count rose in 2 years by 127.1% – more new shares were issued than repurchased (dilution).
Diluted share countFrom annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
CoreWeave next to 8 stocks of the sector Technology we cover that are closest in revenue. Click a column header to sort the table.
| Symbol | Revenue (FY) | Growth 5 yrs | Gross margin | Op. margin | Net margin | ROE | Equity ratio | FCF margin | Piotroski |
|---|---|---|---|---|---|---|---|---|---|
| COHR Coherent Corp. | 7.1B USD | +18.0% | 37.5% | – | 11.3% | 7.4% | 59.6% | −14.4% | 7/9 |
| SNPS Synopsys | 7.1B USD | +13.9% | 77.0% | 13.0% | 18.9% | 4.7% | 58.7% | 19.1% | 3/9 |
| FTNT Fortinet | 6.8B USD | +21.3% | 80.5% | 30.7% | 27.3% | 149.8% | 11.9% | 32.7% | 5/9 |
| CDNS Cadence Design Systems | 5.3B USD | +14.6% | – | 28.2% | 20.9% | 20.3% | 53.9% | 30.0% | – |
| CRWV CoreWeave this stock | 5.1B USD | – | 71.7% | −0.9% | −22.7% | −35.0% | 6.8% | −141.3% | – |
| CRWD CrowdStrike | 4.8B USD | +40.6% | 74.7% | −6.1% | −3.4% | −3.7% | 39.9% | 27.2% | – |
| SNOW Snowflake | 4.7B USD | +51.2% | 67.2% | −30.6% | −28.4% | −69.2% | 21.1% | 23.9% | 6/9 |
| PLTR Palantir Technologies | 4.5B USD | +32.6% | 82.4% | 31.6% | 36.3% | 22.0% | 83.0% | 46.9% | – |
| DDOG Datadog | 3.4B USD | +41.5% | 80.0% | −1.3% | 3.1% | 2.9% | 56.2% | 29.2% | 5/9 |
| Median of the sector 63 symbols | 11.0B USD | +14.5% | 56.1% | 14.2% | 12.5% | 13.5% | 51.6% | 19.0% | 6/9 |
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).
– per year, last 3 years
Sector Technology: median +10.0% (93 symbols)
What does this mean? Reported annual figures for a comparison over at least 3 fiscal years are missing (or the SEC data has not been fully loaded yet).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
– per year, last 3 years
Sector Technology: median +6.6% (63 symbols)
per share: not available
What does this mean? Reported annual figures for a comparison over at least 3 fiscal years are missing (or the SEC data has not been fully loaded yet).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
−22.7% last fiscal year
Sector Technology: median 12.5% (97 symbols)
What does this mean? Of every 100 USD in revenue there was no profit but a loss of 22.74 USD.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
5.22 latest balance sheet
Sector Technology: median 0.45 (79 symbols)
What does this mean? For every 1 USD of equity there is 5.22 USD of financial debt – more than twice as much as the median company in the sector (0.45). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
– Dividend / earnings per share
Sector Technology: median 30% (36 symbols)
What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
0 of 3 fiscal years with a profit
What does this mean? In 0 of the last 3 fiscal years the bottom line showed a profit. 3 years ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 5.1B | −1.2B | −22.7% | −2.81 | 0.00 | – |
| 2024 | Dec 31, 2024 | 1.9B | −863.0M | −45.1% | −4.30 | 0.00 | – |
| 2023 | Dec 31, 2023 | 229.0M | −594.0M | −259.4% | −3.09 | – | – |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q2/26 | Jun 30, 2026 | 2.6B | −626.0M | −24.3% | −1.14 | – | – |
| Q1/26 | Mar 31, 2026 | 2.1B | −740.0M | −35.6% | −1.40 | 0.00 | – |
| Q4/25* | Dec 31, 2025 | 1.6B | −451.7M | −28.7% | – | 0.00 | – |
| Q3/25 | Sep 30, 2025 | 1.4B | −110.1M | −8.1% | −0.22 | – | – |
| Q2/25 | Jun 30, 2025 | 1.2B | −290.5M | −24.0% | −0.60 | – | – |
| Q1/25 | Mar 31, 2025 | 981.6M | −314.6M | −32.1% | −1.49 | 0.00 | – |
| Q4/24* | Dec 31, 2024 | 747.0M | −50.9M | −6.8% | – | – | – |
| Q3/24 | Sep 30, 2024 | 583.9M | −359.8M | −61.6% | −1.82 | – | – |
| Q2/24 | Jun 30, 2024 | 395.4M | −323.0M | −81.7% | −1.62 | – | – |
| Q1/24 | Mar 31, 2024 | 188.7M | −129.2M | −68.5% | −0.62 | – | – |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $904.2M10 people | −$904.2M |
| 6 months | $00 people | $2.9B12 people | −$2.9B |
| 12 months | $00 people | $5.8B12 people | −$5.8B |
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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