CoreWeave (CRWV) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CoreWeave

NasdaqGS•Technology•Software - Infrastructure

$82.98-6.01(-0.07%)After hours

Market Cap

$44.01B

P/S

5.8x

P/B

8.8x

CoreWeave, Inc. operates as a cloud infrastructure technology company in the United States. The company offers CoreWeave Cloud platform that comprises proprietary software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure at scale. It also offers data and storage solutions, such as Local Object Transport Accelerator; infrastructure control solutions, including CoreWeave Kubernetes service; mission control services, including node, rack, and fleet lifecycle management; model and agent development tools comprising Weights & Biases, an AI developer platform; and runtime acceleration. In addition, the company offers graphics processing unit compute, CPU compute, networking services, managed services, and virtual and bare metal servers. Its services also include visual effects rendering, machine learning, pixel streaming, and batch processing. The company was formerly known as Atlantic Crypto Corporation and changed its name to CoreWeave, Inc. in December 2019. CoreWeave, Inc. was incorporated in 2017 and is based in Livingston, New Jersey.

How this company scores

WeakMetricSide Score: 38/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Profitability (5/25).

Profitability5/25

Growth10/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality8/25

Strengths

Interest easily coveredCash-backed earningsConsistent growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 5.8x5y range 5.8x – 6.3x

P/B · 8.8x5y range 4.8x – 29.9x

Currently near its 6-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 6 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $44.01B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $7.59B
Q. Revenue: $2.58B
TTM EBITDA: $4.95B
TTM Op. Income: $-230.74M
Q. Op. Income: $-49.00M
TTM Net Income: $-1.93B
Q. Net Income: $-626.00M
EPS: $-1.14
Shares Out.: $551.00M

$7.59B in TTM revenue grew from zero YoY, reaching $2.58B last quarter. TTM EBITDA of $4.95B and TTM operating income of $-230.74M show growth is flowing through to the bottom line. However, net income is negative at $1.93B — growth is not yet reaching the bottom line. Across the last 6 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 65.9%
EBITDA Margin: 52.2%
Op. Margin: -1.9%
Net Margin: -24.3%

Op. margin of -1.9% is down 3.5% YoY — costs are rising relative to revenue. Net margin at -24.3% and gross margin of 65.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 220% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 5.8x
P/B Ratio: 8.8x

P/S of 5.8x and P/B of 8.8x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $77.07B
Cash: $5.52B
Long-Term Debt: N/A
Book Value: $5.02B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $679.00M
TTM Free Cash Flow: $-13.65B
FCF Margin: -179.9%
FCF / Net Income: 7.1

TTM FCF of $-13.65B on $679.00M in operating cash flow. The FCF / Net Income ratio of 7.1x means free cash flow covers net income — earnings are backed by cash. Across the last 6 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.