CoreWeave, Inc. Class A Common Stock

CoreWeave, Inc. Class A Common Stock

CRWV · NASDAQ · Technology / Software - Infrastructure

53.13USD-3.47 (-6.13%)

Price History

Full chart

Market Stats

Previous Close56.60
Open56.06
Day Range49.24 – 56.36
52-Week Range40.58 – 138.25
Volume80.15M
Market Cap33.52B
P/E (TTM)0.00
Forward P/E0.00
EPS-4.74
Dividend Yield0.00%
50-Day Avg74.13
200-Day Avg89.71

About

CoreWeave, Inc. operates as a cloud infrastructure technology company in the United States. 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. It also offers data and storage solutions, such as Local Object Transport Accelerator; infrastructure control solutions, including CoreWeave Kubernetes service; mission control services, including node, rack, and fleet lifecycle management; model and agent development tools comprising Weights & Biases, an AI developer platform; and runtime acceleration. In addition, the company offers graphics processing unit compute, CPU compute, networking services, managed services, and virtual and bare metal servers. Its services also include visual effects rendering, machine learning, pixel streaming, and batch processing. It has a collaboration with AdaniConneX to operate a data center in India. The company 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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Michael N. Intrator
  • Employees2.19K
  • Headquarters290 West Mount Pleasant Avenue, Livingston, NJ, United States, 07039, USA
  • Websitehttps://www.coreweave.com

Leadership

  • Mr. Michael N. IntratorCo-founder, President, CEO & Chairman · b. 1970
  • Mr. Brannin McBeeCo-Founder & Chief Development Officer · b. 1986
  • Mr. Brian M. VenturoCo-Founder, Chief Strategy Officer & Director · b. 1985
  • Mr. Nitin AgrawalCFO & Treasurer · b. 1980
  • Mr. Ernie RogersChief Architect of Strategic Financing · b. 1975
  • Mr. Jon JonesChief Revenue Officer · b. 1974
  • Mr. Peter SalankiCo-founder & CTO · b. 1987
  • Mr. Sachin JainChief Operating Officer · b. 1978
  • Mr. Jeffrey R. BakerChief Accounting Officer · b. 1969
  • Ms. Sandhya VenugopalChief Information Officer · b. 1982

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue15.83M229.00M1.92B5.13B
Growth (%)-+1346.62%+736.24%+167.94%
Cost of Revenue12.12M69.00M493.00M1.45B
Gross Profit3.71M160.00M1.42B3.68B
Gross Margin23.42%69.87%74.26%71.68%
Operating Expense26.59M174.00M1.10B3.72B
Operating Income-22.88M-14.00M324.00M-46.00M
Operating Margin-144.54%-6.11%16.92%-0.90%
EBITDA-13.88M-427.00M480.00M2.47B
EBITDA Margin-87.66%-186.46%25.07%48.10%
Net Income-31.05M-594.00M-863.00M-1.17B
Net Income Margin-196.18%-259.39%-45.07%-22.74%
Interest Expense9.44M28.00M361.00M1.23B
Interest Expense % of Total Revenue59.66%12.23%18.85%23.95%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets-4.98B17.83B49.30B
Total Liabilities-5.57B18.25B45.97B
Total Equity--596.59M-413.60M3.33B
Cash-217.15M1.36B3.95B
Total Debt-2.00B10.62B29.82B
Net Debt-1.78B9.26B25.88B

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow910.00K1.83B2.75B3.06B
Investing Cash Flow-79.18M-3.15B-8.66B-10.27B
Financing Cash Flow81.45M1.79B7.46B9.31B
Capital Expenditure72.40M2.94B8.70B10.31B
Free Cash Flow-71.49M-1.11B-5.95B-7.25B
Dividends Paid0057.74M29.00M
FCF to OCF-7856.48%-60.59%-216.53%-237.12%
Dividend Paid to FCF0.00%0.00%-0.97%-0.40%

Earnings

Report DateDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Feb 26, 2025May 15, 2025Aug 13, 2025Nov 10, 2025Nov 13, 2025Feb 26, 2026May 7, 2026Aug 11, 2026Nov 9, 2026Nov 10, 2026
EPS Estimate----0.00-0.12-0.21-0.57-0.57-0.61-0.91-1.52-1.46-1.45
EPS Actual-0.42-0.32-0.84-0.89-0.17-0.78-0.60-0.22-0.22-0.84-1.12-1.32--1.28
Surprise------550.00%-185.71%61.40%61.40%-37.70%-23.08%13.16%-11.72%
Timing----------After-hoursAfter-hours-After-hours

Key Statistics & Ratios

Market Cap33.52B
Enterprise Value95.55B
Trailing P/E0.00
Forward P/E0.00
Price / Sales3.39
Price / Book6.68
EPS-4.74
Book Value7.20
Revenue (TTM)9.89B
Gross Profit (TTM)6.60B
EBITDA5.20B
Profit Margin-25.56%
Operating Margin-0.48%
Return on Equity-63.95%
Return on Assets-0.05%
Shares Outstanding458.87M
Shares Float332.74M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 42 analystsTarget 125.46
  • Strong Buy
    25
  • Buy
    7
  • Hold
    7
  • Sell
    1
  • Strong Sell
    2

Ownership Breakdown

Institutions
77.02%
Insiders
18.63%
Retail / Other
4.35%

Top Institutional Holders

  • Magnetar Financial LLC
    52.06M9.44%
  • NVIDIA Corp
    47.21M8.56%
  • BlackRock Inc
    24.11M4.37%
  • The Goldman Sachs Group Inc
    18.10M3.28%
  • Vanguard Portfolio Management, LLC
    17.06M3.09%
  • Vanguard Capital Management, LLC
    15.79M2.86%
  • Jane Street Group LLC
    13.89M2.52%
  • Amvescap Plc.
    12.41M2.25%
  • Alyeska Investment Group, L.P.
    10.89M1.97%
  • Value Aligned Research Advisors LLC
    10.89M1.97%
  • Bank of America Corp
    8.27M1.50%
  • Aspex Management (HK) Ltd
    7.96M1.44%
  • Situational Awareness LP
    7.48M1.36%
  • State Street Corp
    7.06M1.28%
  • Altimeter Capital Management, LLC
    6.07M1.10%
  • Geode Capital Management, LLC
    5.90M1.07%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    12.38M2.25%
  • Invesco QQQ Trust
    9.55M1.73%
  • Vanguard MStar Mid Cap Index Instl
    8.35M1.51%
  • Vanguard MStar Growth Index Investor
    5.16M0.94%