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CoreWeave, Inc.

CRWVTechnologyNASDAQ

Software - Infrastructure

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Financials · Annual
Revenue
$5.13B
+167.9% YoY
Net Income
-$1.17B
-35.2% YoY
EBITDA
$2.47B
+414.2% YoY
Free Cash Flow
-$8.56B

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About CoreWeave, Inc.

Headquartered within the technology sector, CoreWeave, Inc. focuses on Software - Infrastructure services and products. CoreWeave, Inc. operates as a cloud infrastructure technology company in the United States. With a market capitalization of $59.76B, it sits in large-cap territory. The company offers CoreWeave Cloud platform that comprises proprietary software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure at scale.

Key stats
Market Cap$59.76B
Fwd P/E-174.68
EPS$-2.72
52W Change-8.9%
ROE-40.7%
Analysis

CoreWeave, Inc. carries $35.15B in total debt against $2.27B in cash reserves — debt is roughly 15.5x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$8.56B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -40.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $15.8M (2022) to $5.13B (2025), reflecting a 32313% increase over the period.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CRWV.

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