CRWV

CoreWeave, Inc.

Ticker: CRWVTechnologyPrepackaged Software
HQ LIVINGSTON, NJCIK 1769628FY end 12-31Book / share $9.32Shares 539M
Revenue (FY)
$5.13B
TTM $7.59B
Op. margin
-0.90%
TTM -3.04%
Net income
$-1.17B
TTM $-1.93B
Operating cash
$3.06B
TTM $6.91B
Free cash flow
$-7.25B
TTM $-13.65B
Return on equity
-34.99%
TTM -38.37%
Debt / equity
6.48
TTM 7.02
Shares outstanding
436.0M
TTM 539.0M

The business

CoreWeave, Inc. (Nasdaq: COREWEAVE) operates as the Essential Cloud for AI, purpose-built to accelerate breakthroughs by AI pioneers ranging from leading research labs to enterprises deploying artificial intelligence at scale. The company's website is located at www.coreweave.com.

CoreWeave provides a comprehensive, vertically integrated platform combining proprietary software and orchestration, advanced infrastructure, and managed cloud services optimized for AI workloads. The platform enables the full lifecycle of AI, including large-scale model training, inference, data movement, continuous iteration, and agentic workflows. Unlike general-purpose cloud environments, CoreWeave's infrastructure is specifically designed to meet the demanding requirements of AI computing, including high-density compute, advanced networking, optimized storage, and software capable of managing complex distributed systems.

The company's core offerings include Infrastructure Services, Managed Software Services, and Application Software Services. Key proprietary technologies include CoreWeave Mission Control for orchestration and observability, Slurm on Kubernetes for large-scale AI research workloads, and purpose-built storage solutions. Through acquisitions completed in 2025, CoreWeave integrated Weights & Biases for AI development tools, OpenPipe for reinforcement learning capabilities, Marimo for AI-native development environments, and Monolith for industrial simulation and machine learning.

CoreWeave operates a distributed network of 43 data centers across the United States, Europe, and Canada as of December 31, 2025, with over 850 megawatts of active power and approximately 3.1 gigawatts of total contracted power capacity. The company serves leading enterprises, AI labs, and technology companies through multi-year committed contracts on a take-or-pay basis, supplemented by pay-as-you-go access. As of December 31, 2025, CoreWeave had $60.7 billion in remaining performance obligations with a weighted-average contract duration of approximately five years.

The company generated revenue of $5.1 billion for the year ended December 31, 2025, and employed 2,189 people as of that date, with operations spanning 20 countries. CoreWeave's competitive advantages include first-to-market deployment of advanced GPU clusters, proprietary software orchestration capabilities, security standards, and attractive total cost of ownership for AI infrastructure.

Sector
Technology
Industry
Prepackaged Software
HQ
LIVINGSTON, NJ
FY end
12-31
CIK
1769628
SIC
7372
Financial performance · annual
20252025
$-2.88B$-24.36M$2.83B$5.69B$8.54B2025TTMTTMTTM

Ownership

Who holds CoreWeave, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

368
funds hold it
1 of 35
superinvestors hold it
$7.39B
fund-held value
15.9%
of shares held by funds
8
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%$1.20B
Invesco QQQ Trust, Series 1
QQQ
0.19%$945.70M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.37%$820.54M
VANGUARD GROWTH INDEX FUND
VUG · VANGUARD INDEX FUNDS
0.12%$451.36M
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.31%$301.45M

Superinvestors in CoreWeave, Inc.

David TepperNEW
Appaloosa
1.4%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 8 issues of CoreWeave, Inc.'s debt, $3.39B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 7.78%, maturing 20302032.

IssueCouponMaturesFundsFund-held
CoreWeave Inc9.250%2030-06-01307$1.01B
CoreWeave, Inc.9.750%2031-10-01310$899.95M
CRWV 9 02/01/31 144A9.000%2031-02-01265$648.97M
CRWV 1.75 12/01/311.750%2031-12-0153$354.56M
CoreWeave Inc1.750%2032-10-0165$349.96M
CoreWeave Inc9.625%2032-07-1590$106.65M
COREWEAVE INC8.500%2032-07-152$11.79M
CRWV 9 02/01/319.000%2031-02-011$0.19M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of CoreWeave, Inc.'s financials

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