Filing Flows › CoreWeave (CRWV) › Q2 2026 › vs Q1 2026
CoreWeave (CRWV) Q2 2026 vs Q1 2026 (quarter over quarter)
CoreWeave's revenue rose $497M (+24%) from $2.1B in Q1 2026 to $2.6B in Q2 2026.
CoreWeave, Q2 2026: revenue $2.6B (+112% year over year), operating margin -1.9%, net loss $626M, operating cash flow $679M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.6B | $2.1B | $497M | +24% |
| Net loss | $626M | $740M | −$114M | -15% |
| Costs & expenses | $3.2B | $2.8B | $383M | +14% |
| Operating costs | $2.6B | $2.2B | $402M | +18% |
| Interest & other, net | $515M | $512M | $3.0M | +0.6% |
| Income tax | $62.0M | $84.0M | −$22.0M | -26% |
| Cost of revenue | $879M | $716M | $163M | +23% |
| Research & development | $117M | $104M | $13.0M | +12% |
| Sales & marketing | $60.0M | $69.0M | −$9.0M | -13% |
| General & admin | $178M | $164M | $14.0M | +9% |
| Other operating costs | $1.4B | $1.2B | $221M | +19% |
| Operating cash sources | $1.6B | $1.3B | $258M | +20% |
| Depreciation & amortization | $1.4B | $1.1B | $246M | +21% |
| Share-based compensation | $165M | $153M | $12.0M | +8% |
| Net loss absorbed | $626M | $740M | −$114M | -15% |
| Working capital & other | $253M | −$2.4B | $2.7B | — |
| Operating cash flow | $679M | $3.0B | −$2.3B | -77% |
| Capital expenditures | $6.4B | $7.7B | −$1.3B | -17% |
| Negative free cash flow (OCF − capex) | $5.7B | $4.7B | $1.0B | +22% |
Questions
How much did CoreWeave's revenue grow quarter over quarter in Q2 2026?
CoreWeave's revenue rose $497M (+24%) from $2.1B in Q1 2026 to $2.6B in Q2 2026.