# CoreWeave, Inc. (CRWV) · Edgar & Edgarette company card

> CoreWeave (CRWV) grew revenue 168% in FY2025 to $5.1 billion, operating margin -0.9% against a 0.9% median for prepackaged software, equity 6.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1769628 · fiscal year ended 2025-12-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/CRWV) · [JSON](https://www.pops4.com/boards/company/CRWV.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $5.1B |
| Revenue growth, 1 year | 167.9% |
| Revenue growth per year | 372.8% |
| Operating margin | -0.9% (prior year 16.9%) |
| Net margin | -22.7% |
| Operating cash flow | $3.1B |
| Capital spending | $10.3B |
| Free cash flow | −$7.3B |
| Cash | $3.1B |
| Long-term debt | $21.4B |
| Total assets | $49.3B |
| Total equity | $3.3B |
| Equity ÷ assets | 6.8% |
| Return on equity | -35.0% |
| Dividend per share | $0 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: -1.3 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: 0.1 (above the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · operating loss: a margin of -0.9% in FY2025; free cash flow was negative: capital spending outran operating cash (-$7.3B in FY2025)

## Edgarette's reading

Exposure: revenue $5.1B (FY2025), total debt $21.4B. Experience: revenue up 167.9% on the year, up 372.8% a year over 2 years; operating margin -0.9%, down from 16.9%. Soundness: equity 6.8% of assets, return on equity -35.0%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $15.1B and $22.4B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -0.9% against a 0.9% median; growth 167.9% against 13.0%.

Range logged 2026-09-20, receipt 2aabed43dc1cf2cb, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 8-K · filed 2026-09-22 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000432/0001769628-26-000432-index.htm)
- 8-K · filed 2026-09-17 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000429/0001769628-26-000429-index.htm)
- 10-Q · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000366/0001769628-26-000366-index.htm)
- 8-K · filed 2026-08-11 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000362/0001769628-26-000362-index.htm)
- 8-K · filed 2026-08-10 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000357/0001769628-26-000357-index.htm)
- 8-K · filed 2026-06-18 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1769628/000176962826000291/0001769628-26-000291-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001769628.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1769628

## Cite

POPS4, Edgar & Edgarette: CoreWeave, Inc. (CRWV) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CRWV. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.