Supply
CoreWeave Quarterly Revenue
CoreWeave's reported GAAP revenue by fiscal quarter, in USD billions. It tracks the scale-up of a specialized AI cloud provider, helping show growth in AI infrastructure demand, while revenue alone does not indicate profitability, cash generation, utilization, customer concentration, or durable growth.
CoreWeave Quarterly Revenue
CoreWeave reported quarterly revenue of $2.58 in 2026-06-30, compared with $1.21 in the prior quarter, a change of 112.3%.
Methodology
This series uses CoreWeave's GAAP revenue for each three-month fiscal quarter. The four 2024 observations come from the unaudited quarterly results table in the company's Form S-1. The Q1 through Q3 2025 observations and both 2026 observations come from the condensed consolidated statements of operations in CoreWeave's Forms 10-Q. Q4 2025 comes from Exhibit 99.1 to the company's Form 8-K, which explicitly reports revenue for the three months ended December 31, 2025.
Values reported in thousands of dollars are divided by 1,000,000 to express them in USD billions. Values reported in millions of dollars are divided by 1,000. The chart retains the precision of each source filing: six decimal places are available where CoreWeave reported thousands, while later filings reported only to the nearest million.
No quarter-only figure in this dataset is derived by subtracting year-to-date or annual totals. In particular, Q4 2025 uses the directly reported three-month value from the SEC-filed earnings exhibit rather than an annual-minus-nine-month calculation. This avoids creating false precision from the 2025 Form 10-K, which presents revenue in millions.
The series begins in Q1 2024. CoreWeave's registration statement reports full-year 2023 revenue but does not provide a complete quarterly 2023 breakdown, so 2023 quarterly observations are omitted rather than estimated. Quarter-end dates are represented as ISO 8601 UTC timestamps at 00:00:00Z.
Frequently asked questions
What does CoreWeave quarterly revenue measure?
It measures GAAP revenue recognized by CoreWeave in each three-month fiscal quarter. It is not bookings, remaining performance obligations, contracted backlog, annualized revenue, adjusted earnings, or cash collected.
Why is CoreWeave revenue relevant to AI infrastructure economics?
CoreWeave is a specialized cloud provider whose infrastructure is oriented toward accelerated computing workloads. Its revenue trajectory helps show how quickly a focused AI infrastructure supplier is commercializing capacity, but it is not a direct measure of total AI demand or industry-wide spending.
How should rapid quarterly revenue growth be interpreted?
It indicates that reported sales expanded quickly over the period shown. It should not be read by itself as evidence of operating leverage or durable economics: margins, financing costs, capital expenditure, utilization, contract terms, and customer concentration also shape the business.
Does this chart use reported revenue or estimates?
It uses GAAP revenue explicitly reported for three-month periods in CoreWeave SEC filings. Amounts reported in thousands are divided by 1,000,000 and amounts reported in millions by 1,000 to express them in USD billions; no currency or inflation adjustment is made.
Why does the CoreWeave revenue chart start in 2024?
CoreWeave disclosed full-year 2023 revenue but not a complete quarterly 2023 breakdown. The chart begins with Q1 2024, the earliest quarter in a complete sequence of directly reported quarterly values, rather than estimating missing periods.
Can CoreWeave's revenue be compared directly with hyperscalers or other AI cloud providers?
Only cautiously. Providers differ in product mix, scale, revenue recognition, contract duration, customer concentration, infrastructure ownership, and fiscal timing. CoreWeave is also more specialized than diversified hyperscalers, whose cloud figures may include substantial non-AI activity.