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Where the tokens are
Trade CRWV perpsStandardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 |
|---|---|---|---|---|---|---|
| Revenue | $2.58B | $2.08B | $1.57B | $1.36B | $1.21B | $982.00M |
| Cost of revenue | $879.00M | $716.00M | $509.12M | $368.82M | $313.00M | $262.00M |
| Gross profit | $1.70B | $1.36B | $1.06B | $995.85M | $899.00M | $720.00M |
| Gross margin | 65.9% | 65.5% | 67.6% | 73.0% | 74.2% | 73.3% |
| Research and development | $1.51B | $1.27B | $950.21M | $747.48M | $670.00M | $561.00M |
| Selling, general and administrative | $238.00M | $233.00M | $202.17M | $196.52M | $210.00M | $186.00M |
| Operating expenses | $1.75B | $1.51B | $1.15B | $944.00M | $880.00M | $747.00M |
| Operating income | −$49.00M | −$144.00M | −$89.59M | $51.85M | $19.00M | −$27.00M |
| Operating margin | -1.9% | -6.9% | -5.7% | 3.8% | 1.6% | -2.7% |
| EBITDA | $1.34B | $1.00B | $730.95M | $682.33M | $579.00M | $416.00M |
| Interest income | $0 | $0 | −$387.64M | −$310.56M | $0 | $0 |
| Interest expense | −$640.00M | −$536.00M | $0 | — | −$267.00M | −$264.00M |
| Income before taxes | −$564.00M | −$656.00M | −$466.86M | −$236.80M | −$242.00M | −$269.00M |
| Income taxes | $62.00M | $84.00M | −$15.13M | −$126.68M | $48.00M | $46.00M |
| Net income | −$626.00M | −$740.00M | −$451.73M | −$110.12M | −$290.00M | −$315.00M |
| Net margin | -24.3% | -35.6% | -28.7% | -8.1% | -23.9% | -32.1% |
| EPS, basic | −$1.14 | −$1.40 | −$0.89 | −$0.22 | −$0.60 | −$1.40 |
| EPS, diluted | −$1.14 | −$1.40 | −$0.89 | −$0.22 | −$0.60 | −$1.49 |
| Diluted shares | 551.00M | 527.00M | 510.11M | 497.89M | 487.00M | 249.00M |
Figures describe CoreWeave shares, not any token. As of Aug 12, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.