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CoreWeave is The Essential Cloud for AI TM , purpose-built to accelerate breakthroughs by AI pioneers, from leading research labs to enterprises fueling business growth. Our CoreWeave Cloud platform enables the full lifecycle of AI, including large-scale model training, inference, data movement, continuous iteration, and agentic workflows.
$105.49
$2.09 (-1.94%)
Price from 12 days ago
The business is unprofitable at the operating level (-0.90% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 167.9%, still solid. Margins contracted 17.8pp, which offsets some of the top-line progress.
ROIC dropped from 3.86% to -0.17%, capital efficiency is deteriorating. Negative free cash flow of -$7.25B. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$6.23B
▲ +167.9% YoY
Net Income (TTM)
-$1.59B
▼ -35.2% YoY
Op. Margin
-2.62%
▼ -17.8pp YoY
ROIC
-0.46%
▼ -4.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$10.62B
▼ -21.8% YoY
Op. Cash Flow (TTM)
$5.98B
▲ +11.2% YoY
Net Debt
$32.88B
Cash & Equiv.
$2.27B
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