NASDAQ NMS - GLOBAL MARKET · Technology · CIK 0001769628
$61.82
-0.50% · delayed ~15 min
Last price from Oct 21, 2026
$26.89B market value
From CoreWeave, Inc.'s FY2025 10-K, filed Mar 2, 2026 · read the filing
CoreWeave makes and sells software and computing services. It took in $5.13B last year, which makes it a mid-sized company. It spends more than it earns — losing about 23 cents on every dollar of sales.
The financial picture is led by growth, while profitability, debt and accounting remain weak.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Its accounting patterns resemble those of companies that later restated earnings. This is a statistical screen, not evidence of wrongdoing.
Beneish M-Score 0.12, above the −1.78 threshold
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score -1.30
Recent open-market selling by 2 insiders, not under a pre-arranged plan.
$5.8M sold in the last 120 days · Read the filing
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Several areas of financial weakness.
From CoreWeave, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Revenue
$1.92B → $5.13B
Gross profit
$1.42B → $3.68B
Operating income
$324.0M → -$46.0M
Operating margin
16.9% → -0.9%
Measured against FY2024, from the 10-K filed Mar 2, 2026
Improved: +167.9%
$1.92B to $5.13BCritical
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
How the latest move compares (quote delayed ~15 min), and what was published around it
CRWV fell 0.50% on the latest quote. The average Technology company tracked here moved −1.27%, and the S&P 500 −1.04%. That is 0.8 points above its sector and 0.5 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 50 analysts covering this company, as of . Their views, not this site's.
Of 50 analysts publishing on this company, 11 say strong buy, 26 say buy, 11 say hold, 1 say sell and 1 say strong sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
The essentials
Each answered from the filings, with the numbers behind it.
No. It lost $1.17B last year, losing about 23 cents on every dollar of sales.
Yes, quickly. Sales grew 167.9% last year.
Manageable, but notable. Clearing its debt would take about 6.0 years of cash flow. For every $1 it owes, it owns $1.07 in assets. Its operating profit does not cover its interest bill — -0.04x against the interest it owes. A bankruptcy-risk model also places it in its distress range.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2025 annual filing
Last year it lost $1.17B and generated $3.06B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Mar 2, 2026Filing for FY2025 | FY202410-K · Mar 2, 2026Filing for FY2024 | FY202310-K · Mar 2, 2026Filing for FY2023 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|
| RevenueWhat is this? | $5.13B | $1.92B | $229.0M | +167.9% |
| Cost of revenue | $1.45B | $493.0M | $69.0M | +194.7% |
| Gross profit | $3.68B† | $1.42B† | $160.0M† | +158.6% |
| Gross marginGross profit ÷ revenueWhat is this? | 71.7% | 74.3% | 69.9% | −2.6 pts |
| Selling, general and administrative | $651.0M | $119.0M | $30.0M | +447.1% |
| Operating income | -$46.0M | $324.0M | -$14.0M | n/m |
| Operating marginOperating income ÷ revenueWhat is this? | -0.9% | 16.9% | -6.1% | −17.8 pts |
| Interest expense | $1.15B | $349.0M | $27.0M | +228.9% |
| Income before tax | -$1.22B | -$744.0M | -$558.0M | −63.3% |
| Net income | -$1.17B | -$863.0M | -$594.0M | −35.2% |
| Net marginNet income ÷ revenueWhat is this? | -22.7% | -45.1% | -259.4% | +22.3 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $-2.68 | $-3.96 | $-3.09 | +32.2% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| CRWVCoreWeave, Inc. · this page | 4.0/10 | 4/9 | 167.9% |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Was granted or awarded shares — 320 shares
Holds 11,643 shares after this filing.
Was granted or awarded shares — 122 shares
Holds 7,922 shares after this filing.
Exercised stock options
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Signed a material agreement · Sold shares outside a public offering · Reported another event
Read the filingMade a Regulation FD disclosure · Reported another event
Read the filingWrite down why you are following CoreWeave, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 12 subsidiaries named in its 10-K, incorporated across 5 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from CRWV's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Mar 2, 2026), reported under the US GAAP taxonomy. View the source filing.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 4.0 | 4/9 | 10-K, filed Mar 2, 2026 |
| FY2024 | 4.7 | 3/5 | 10-K, filed Mar 2, 2026 |
| FY2023 | 2.0 | 2/2 | 10-K, filed Mar 2, 2026 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
4 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
-1.30
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
0.12
Above the threshold — worth a closer look
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +158.6%
$1.42B to $3.68BCritical
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: turned negative
$324.0M to -$46.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: −17.8 pts
16.9% to -0.9%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +22.3 pts
-45.1% to -22.7%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: +168.7%
$5.46B to $14.66BCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: +129.8%
$1.36B to $3.13BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +99.5%
218.0M to 435.0MCritical
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Deteriorated: $304.0M wider
-$863.0M to -$1.17BSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: $1.30B wider
-$5.95B to -$7.25BSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: $1.28 narrower
-$3.96 to -$2.68Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: +18.5%
$8.70B to $10.31BSignificant
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Deteriorated: −2.6 pts
74.3% to 71.7%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Q2 FY2026 against Q2 FY2026, from the 10-Q filed Aug 12, 2026 — read it.
Improved: +112.5%
$1.21B to $2.58BCritical
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +88.7%
$899.0M to $1.70BCritical
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: turned negative
$19.0M to -$49.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: $336.0M wider
-$290.0M to -$626.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −8.3 pts
74.2% to 65.9%Critical
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: $0.54 wider
-$0.60 to -$1.14Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +379.1%
$1.15B to $5.52BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +13.1%
487.0M to 551.0MCritical
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Deteriorated: −3.5 pts
1.6% to -1.9%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Aug 12, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: $95.0M narrower
-$144.0M to -$49.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +11.3 pts
-35.6% to -24.3%Critical
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +146.2%
$2.24B to $5.52BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +23.9%
$2.08B to $2.58BSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +24.5%
$1.36B to $1.70BSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: $114.0M narrower
-$740.0M to -$626.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +5.0 pts
-6.9% to -1.9%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: $0.27 narrower
-$1.40 to -$1.14Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: +4.6%
527.0M to 551.0MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 13.8% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Trailing P/E is not meaningful because the latest trailing earnings are zero or negative. The price-to-book and price-to-sales figures below still provide reference points.
Some accounting patterns here resemble those found in companies that overstated earnings. This is a statistical flag, not evidence of wrongdoing — it is a prompt to read the filings closely.
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Holds 42,772 shares after this filing.
Sold on the open market — 15,811 shares at $80.36 ($1.3M)
Holds 26,961 shares after this filing.
Sold on the open market — 15,100 shares at $77.18 ($1.2M)
Holds 11,861 shares after this filing.
Sold on the open market — 5,969 shares at $77.92 ($465.1K)
Holds 5,892 shares after this filing.
Sold on the open market — 500 shares at $78.74 ($39.4K)
Holds 5,392 shares after this filing.
Sold on the open market — 15,388 shares at $79.95 ($1.2M)
Holds 117,208 shares after this filing.
Sold on the open market — 7,191 shares at $80.51 ($578.9K)
Holds 110,017 shares after this filing.
Sold on the open market — 3 shares at $88.60 ($265.80)
Holds 132,596 shares after this filing.
Exercised stock options — 1,460 shares
Holds 10,240 shares after this filing.
Exercised stock options — 8 shares
Holds 123,321 shares after this filing.
Sold on the open market — 5 shares at $87.69 ($438.45)
Holds 123,316 shares after this filing.
Exercised stock options — 109,380 shares
Holds 350,751 shares after this filing.
Exercised stock options — 17,391 shares
Holds 368,142 shares after this filing.
Sold on the open market — 65,616 shares at $87.69 ($5.8M)
Holds 302,526 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 22,579 shares ($1.9M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 15,811 shares ($1.3M) on or after .
Shares originally obtained via Restricted Stock.
Filed notice to sell 21,569 shares ($1.7M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 3 shares ($262.17) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 5 shares ($438.43) on or after .
Shares originally obtained via Restricted Stock.
Filed notice to sell 5 shares ($438.43) on or after .
Shares originally obtained via Restricted Stock.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Quarterly report for Q2 FY2026
Revenue +112.5% · Operating margin −3.5 pts · Gross profit +88.7% — against Q2 FY2026
Published results
Read the filingSigned a material agreement · Took on a direct financial obligation · Made a Regulation FD disclosure
Read the filingSigned a material agreement · Took on a direct financial obligation
Read the filingMade a Regulation FD disclosure
Read the filingHeld a shareholder vote
Read the filingSigned a material agreement · Took on a direct financial obligation · Made a Regulation FD disclosure
Read the filingQuarterly report for Q1 FY2026
Revenue +111.6% · Operating margin −4.2 pts · Gross profit +89.2% — against Q1 FY2026
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingSigned a material agreement · Took on a direct financial obligation · Reported another event
Read the filingSold shares outside a public offering · Made a Regulation FD disclosure
Read the filingSigned a material agreement · Took on a direct financial obligation · Sold shares outside a public offering
Read the filingMade a Regulation FD disclosure · Reported another event
Read the filingMade a Regulation FD disclosure · Reported another event
Read the filingSigned a material agreement · Took on a direct financial obligation · Made a Regulation FD disclosure
Read the filingAnnual report for FY2025
Revenue +167.9% · Operating margin −17.8 pts · Gross profit +158.6% — against FY2024
Read the filingPublished results
Read the filingSource: Exhibit 21 of the 10-K filed 2026-03-02. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
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