CoreWeave, Inc. (CRWV)

CoreWeave Income Statement

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

Year 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
Other Operating Expenses	493.35	68.78	12.12
Operating Expenses	1,591	243.39	38.71
Operating Income	324.36	-14.45	-22.88
Interest Expense / Income	360.82	28.4	9.44
Other Expense / Income	707.74	515.19	2.88
Pretax Income	-818.52	-558.05	-35.21
Income Tax	119.25	35.7	-4.15
Net Income	-863.45	-593.75	-31.06
Net Income Common	-937.77	-593.75	-31.06
Free Cash Flow	-5,953	-1,110	-71.49
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	513.41	-409.9	-10.26
EBITDA Margin	26.80%	-179.04%	-64.83%
Depreciation & Amortization	896.79	119.74	15.5
EBIT	-383.38	-529.64	-25.76
EBIT Margin	-20.02%	-231.34%	-162.74%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).