CoreWeave Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 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
Other Operating Expenses	960.69	131.86	18.11
Operating Income	324.36	-14.45	-22.88
Interest Expense	-360.82	-28.4	-9.44
Other Non-Operating Income (Expense)	-707.74	-515.19	-2.69
Total Non-Operating Income (Expense)	-1,069	-543.6	-12.14
Pretax Income	-744.2	-558.05	-35.02
Provision for Income Taxes	119.25	35.7	-4.15
Net Income	-863.45	-593.75	-31.06
Earnings From Discontinued Operations	-	-	-0.19
Net Income to Common	-863.45	-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	-27.33	-5.78	-0.40
Gross Margin	74.24%	69.96%	23.42%
Operating Margin	16.93%	-6.31%	-144.54%
Profit Margin	-45.08%	-259.34%	-194.98%
FCF Margin	-310.79%	-485.05%	-451.64%
EBITDA	1,188	88.76	-11.19
EBITDA Margin	62.01%	38.77%	-70.66%
EBIT	324.36	-14.45	-22.88
EBIT Margin	16.93%	-6.31%	-144.54%
Effective Tax Rate	-16.02%	-6.40%	11.85%

Updated Dec 31, 2024. Data Source: Fiscal.ai. Standard template. Financial Sources.