CoreWeave, Inc. (CRWV)

CoreWeave Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	1,915	228.94	15.83
Revenue Growth (YoY)	736.64%	1346.26%	-
Cost of Revenue	493.35	68.78	12.12
Gross Profit	1,422	160.16	3.71
Selling, General & Admin	137.03	42.76	8.48
Research & Development	960.69	131.86	18.11
Operating Expenses	1,098	174.61	26.59
Operating Income	324.36	-14.45	-22.88
Interest Expense	-360.82	-28.4	-9.44
Other Non Operating Income (Expenses)	-696.74	-515.19	-2.69
EBT Excluding Unusual Items	-733.2	-558.05	-35.02
Other Unusual Items	-11	-	-
Pretax Income	-744.2	-558.05	-35.02
Income Tax Expense	119.25	35.7	-4.15
Earnings From Continuing Operations	-863.45	-593.75	-30.87
Earnings From Discontinued Operations	-	-	-0.19
Net Income	-863.45	-593.75	-31.06
Preferred Dividends & Other Adjustments	74.32	-	-
Net Income to Common	-937.77	-593.75	-31.06
Shares Outstanding (Basic)	218	192	181
Shares Outstanding (Diluted)	218	192	181
Shares Change (YoY)	13.37%	6.38%	-
EPS (Basic)	-4.30	-3.09	-0.17
EPS (Diluted)	-4.30	-3.09	-0.17
Free Cash Flow	-5,953	-1,110	-71.49
Free Cash Flow Per Share	-27.32	-5.78	-0.40
Gross Margin	74.24%	69.96%	23.42%
Operating Margin	16.93%	-6.31%	-144.54%
Profit Margin	-48.96%	-259.34%	-196.18%
Free Cash Flow Margin	-310.79%	-485.05%	-451.64%
EBITDA	1,188	88.76	-11.19
EBITDA Margin	62.01%	38.77%	-70.66%
D&A For EBITDA	863.41	103.21	11.7
EBIT	324.36	-14.45	-22.88
EBIT Margin	16.93%	-6.31%	-144.54%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q