Filing Flows › CoreWeave (CRWV) › Q2 2026 › vs Q2 2025
CoreWeave (CRWV) Q2 2026 vs Q2 2025 (year over year)
CoreWeave's revenue rose $1.4B (+112%) from $1.2B in Q2 2025 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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.6B | $1.2B | $1.4B | +112% |
| Net loss | $626M | $290M | $336M | +116% |
| Costs & expenses | $3.2B | $1.5B | $1.7B | +113% |
| Operating costs | $2.6B | $1.2B | $1.4B | +120% |
| Interest & other, net | $515M | $261M | $254M | +97% |
| Income tax | $62.0M | $48.0M | $14.0M | +29% |
| Cost of revenue | $879M | $313M | $566M | +181% |
| Research & development | $117M | $80.0M | $37.0M | +46% |
| Sales & marketing | $60.0M | $36.0M | $24.0M | +67% |
| General & admin | $178M | $174M | $4.0M | +2% |
| Other operating costs | $1.4B | $590M | $800M | +136% |
| Operating cash sources | $1.6B | $705M | $853M | +121% |
| Depreciation & amortization | $1.4B | $560M | $833M | +149% |
| Share-based compensation | $165M | $145M | $20.0M | +14% |
| Net loss absorbed | $626M | $290M | $336M | +116% |
| Working capital & other | $253M | $666M | −$413M | -62% |
| Operating cash flow | $679M | −$251M | $930M | — |
| Capital expenditures | $6.4B | $2.5B | $4.0B | +162% |
| Negative free cash flow (OCF − capex) | $5.7B | $2.7B | $3.0B | +112% |
Questions
How much did CoreWeave's revenue grow year over year in Q2 2026?
CoreWeave's revenue rose $1.4B (+112%) from $1.2B in Q2 2025 to $2.6B in Q2 2026.