Flagship explainer
How CoreWeave, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $5.1B | 100% |
| |
| Cost of revenue | $1.5B | 28% |
|
| $3.7B | 72% |
| |
| −$46M | −1% |
| |
| Income before tax | −$1.2B | −24% |
|
| Income tax | −$48M | −1% |
|
| −$1.2B | −23% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001769628-26-000104