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CoreWeave, Inc. Class A Common Stock (CRWV) 10-Year Financial Performance & Capital Metrics

CRWV • • Industrial / General
TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Computing & Development Platforms
AboutCoreWeave, Inc. operates a cloud platform that provides scaling, support, and acceleration for GenAI. The company builds the infrastructure that supports compute workloads for enterprises. Its products include GPU compute, CPU compute, storage services, networking services, managed services, and virtual and bare metal servers. Additionally, its platform offers a fleet lifecycle controller, node lifecycle controller, tensorizer, and observability. The company's services also include VFX and rendering, AI model training, AI interference, and mission control. CoreWeave, Inc. was formerly known as Atlantic Crypto Corporation and changed its name to CoreWeave, Inc. in December 2019. CoreWeave, Inc. was incorporated in 2017 and is based in Livingston, New Jersey.Show more
  • Revenue $1.92B +736.6%
  • EBITDA $1.19B +1238.2%
  • Net Income -$863M -45.4%
  • EPS (Diluted) -2.33 -58.5%
  • Gross Margin 74.24% +6.1%
  • EBITDA Margin 62.01% +59.9%
  • Operating Margin 16.93% +368.3%
  • Net Margin -45.08% +82.6%
  • ROE -
  • ROIC 4.85% +630.8%
  • Debt/Equity -
  • Interest Coverage 0.90 +276.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg1.74%
5Y Avg1.74%
3Y Avg1.74%
Latest3.85%

Peer Comparison

Cloud Computing & Development Platforms
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TUYATuya Inc.1.19B2.2126029.84%9.12%2.88%5.65%0.00
NTNXNutanix, Inc.13.16B48.6774.8818.11%8.43%5.7%
DOCNDigitalOcean Holdings, Inc.4.84B52.8859.4212.66%29.15%1.99%
ORCLOracle Corporation545.46B189.8543.748.38%25.28%50.65%4.96
WIXWix.com Ltd.4.6B83.7735.5012.74%7.2%10.44%
MSFTMicrosoft Corporation3.39T456.6633.4814.93%35.71%28.9%2.11%0.18
DOXAmdocs Limited9.1B84.2916.69-9.43%12.48%16.29%7.09%0.24
GDDYGoDaddy Inc.14.51B107.3516.647.5%17.01%9.03%8.69%5.63

Profit & Loss

Dec 2023Dec 2024
Sales/Revenue+228.94M1.92B
Revenue Growth %-7.37%
Cost of Goods Sold+68.78M493.35M
COGS % of Revenue0.3%0.26%
Gross Profit+160.16M1.42B
Gross Margin %0.7%0.74%
Gross Profit Growth %-7.88%
Operating Expenses+174.61M1.1B
OpEx % of Revenue0.76%0.57%
Selling, General & Admin42.76M137.03M
SG&A % of Revenue0.19%0.07%
Research & Development00
R&D % of Revenue--
Other Operating Expenses131.85M960.68M
Operating Income+-14.45M324.36M
Operating Margin %-0.06%0.17%
Operating Income Growth %-23.45%
EBITDA+88.76M1.19B
EBITDA Margin %0.39%0.62%
EBITDA Growth %-12.38%
D&A (Non-Cash Add-back)103.21M863.41M
EBIT-529.64M-383.38M
Net Interest Income+-28.4M-360.82M
Interest Income00
Interest Expense28.4M360.82M
Other Income/Expense-543.6M-1.07B
Pretax Income+-558.05M-744.2M
Pretax Margin %-2.44%-0.39%
Income Tax+35.7M119.25M
Effective Tax Rate %1.06%1.16%
Net Income+-593.75M-863.45M
Net Margin %-2.59%-0.45%
Net Income Growth %--0.45%
Net Income (Continuing)-593.75M-863.45M
Discontinued Operations00
Minority Interest00
EPS (Diluted)+-1.47-2.33
EPS Growth %--0.59%
EPS (Basic)-1.47-2.33
Diluted Shares Outstanding403.73M404.41M
Basic Shares Outstanding403.73M404.41M
Dividend Payout Ratio--

Balance Sheet

Dec 2023Dec 2024
Total Current Assets+501.99M1.92B
Cash & Short-Term Investments219.51M1.36B
Cash Only217.15M1.36B
Short-Term Investments2.37M0
Accounts Receivable183.03M425.67M
Days Sales Outstanding291.881.12
Inventory00
Days Inventory Outstanding--
Other Current Assets45.11M62.1M
Total Non-Current Assets+4.47B15.92B
Property, Plant & Equipment3.95B14.5B
Fixed Asset Turnover0.06x0.13x
Goodwill19.54M19.54M
Intangible Assets7M4.91M
Long-Term Investments42.09M102.22M
Other Non-Current Assets460.39M1.29B
Total Assets+4.98B17.83B
Asset Turnover0.05x0.11x
Asset Growth %-2.58%
Total Current Liabilities+998.46M4.96B
Accounts Payable455.56M868.26M
Days Payables Outstanding2.42K642.37
Short-Term Debt171.87M2.47B
Deferred Revenue (Current)1000K1000K
Other Current Liabilities97K230.24M
Current Ratio0.50x0.39x
Quick Ratio0.50x0.39x
Cash Conversion Cycle--
Total Non-Current Liabilities+4.58B13.28B
Long-Term Debt1.35B5.46B
Capital Lease Obligations433.16M2.42B
Deferred Tax Liabilities36.45M149.23M
Other Non-Current Liabilities999.23M1.96B
Total Liabilities5.57B18.25B
Total Debt+2B10.62B
Net Debt1.78B9.26B
Debt / Equity--
Debt / EBITDA22.53x8.94x
Net Debt / EBITDA20.08x7.80x
Interest Coverage-0.51x0.90x
Total Equity+-596.59M-413.6M
Equity Growth %-0.31%
Book Value per Share-1.48-1.02
Total Shareholders' Equity-596.59M-413.6M
Common Stock1K1K
Retained Earnings-612.79M-1.48B
Treasury Stock-32.05M-33.52M
Accumulated OCI-148K0
Minority Interest00

Cash Flow

Dec 2023Dec 2024
Cash from Operations+1.83B2.75B
Operating CF Margin %8%1.44%
Operating CF Growth %-0.5%
Net Income-593.75M-863.45M
Depreciation & Amortization103.21M863.41M
Stock-Based Compensation15.15M31.49M
Deferred Taxes35.82M112.78M
Other Non-Cash Items571.52M927.05M
Working Capital Changes1.7B1.68B
Change in Receivables-162.41M-279.72M
Change in Inventory00
Change in Payables0510.57M
Cash from Investing+-3.15B-8.66B
Capital Expenditures-2.94B-8.7B
CapEx % of Revenue12.86%4.54%
Acquisitions--
Investments--
Other Investing-177.27M-93.67M
Cash from Financing+1.79B7.46B
Debt Issued (Net)--
Equity Issued (Net)--
Dividends Paid0-57.74M
Share Repurchases--
Other Financing-29.48M-24.6M
Net Change in Cash--
Free Cash Flow+-1.11B-5.95B
FCF Margin %-4.85%-3.11%
FCF Growth %--4.36%
FCF per Share-2.75-14.72
FCF Conversion (FCF/Net Income)-3.09x-3.18x
Interest Paid41.48M183.66M
Taxes Paid214K14.33M

Key Ratios

Metric20232024
Return on Invested Capital (ROIC)-0.91%4.85%
Gross Margin69.96%74.24%
Net Margin-259.34%-45.08%
Interest Coverage-0.51x0.90x
FCF Conversion-3.09x-3.18x
Revenue Growth-736.64%

Frequently Asked Questions

Growth & Financials

CoreWeave, Inc. Class A Common Stock (CRWV) reported $4.31B in revenue for fiscal year 2024. This represents a 1781% increase from $228.9M in 2023.

CoreWeave, Inc. Class A Common Stock (CRWV) grew revenue by 736.6% over the past year. This is strong growth.

CoreWeave, Inc. Class A Common Stock (CRWV) reported a net loss of $766.6M for fiscal year 2024.

Dividend & Returns

Yes, CoreWeave, Inc. Class A Common Stock (CRWV) pays a dividend with a yield of 0.15%. This makes it attractive for income-focused investors.

CoreWeave, Inc. Class A Common Stock (CRWV) had negative free cash flow of $8.06B in fiscal year 2024, likely due to heavy capital investments.

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