For the quarter ending 2026-03-31, CRWV had -$810,000K decrease in cash & cash equivalents over the period. -$4,711,000K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -740,000 | -451,726 | -110,124 | -290,509 |
| Depreciation and amortization | 1,147,000 | 820,543 | 630,479 | 559,481 |
| Amortization of debt discounts and issuance costs and accretion of redemption premiums | 41,000 | 22,224 | 21,049 | 29,036 |
| Stock-based compensation expense | 153,000 | 156,591 | 144,431 | 145,005 |
| Debt extinguishment loss | - | -4,514 | -14,486 | - |
| Non-cash lease expense | 167,000 | 123,164 | 89,723 | 77,244 |
| Deferred income taxes | 79,000 | -15,859 | -128,025 | 46,267 |
| Gain on fair value adjustments | 0 | 163 | 0 | 0 |
| Other non-cash reconciling items | 121,000 | 53,612 | 9,256 | 17,409 |
| Accounts receivable | -1,042,000 | 1,496,493 | -252,189 | 865,946 |
| Prepaid expenses and other assets | 471,000 | 612,966 | 50,586 | 110,519 |
| Accounts payable and accrued expenses | 960,000 | -80,211 | 622,384 | -351,500 |
| Deferred revenue | 575,000 | 2,771,836 | 659,272 | 758,796 |
| Lease liabilities | -90,000 | -80,939 | -70,610 | -59,342 |
| Other non-current assets | - | - | 394,790 | 206,673 |
| Other liabilities | - | 0 | 0 | - |
| Net cash provided by operating activities | 2,984,000 | 1,558,949 | 1,689,134 | -251,251 |
| Purchase of property and equipment, including capitalized internal-use software | 7,695,000 | 4,059,761 | 2,388,888 | 2,452,992 |
| Purchases of marketable securities | - | -246 | 47,246 | 0 |
| Sale of available-for-sale marketable securities | - | - | 0 | 0 |
| Purchase of strategic investments | - | - | 0 | 0 |
| Maturities and sales of marketable securities | 12,000 | 13,692 | 0 | 0 |
| Sales of warrants received as lease incentive | - | 153,355 | 0 | 100,645 |
| Business combinations, net of cash acquired | - | 52,082 | 10,212 | 45,706 |
| Issuance of notes receivable | 0 | 17,000 | 0 | 73,000 |
| Other investing activities | 25,000 | -35,849 | 23,740 | 26,109 |
| Net cash used in investing activities | -7,708,000 | -3,925,701 | -2,470,086 | -2,442,162 |
| Proceeds from issuance of debt, net | 3,290,000 | 4,266,314 | 3,129,963 | 3,647,767 |
| Repayments of debt | 1,335,000 | 420,150 | 1,403,983 | 1,303,763 |
| Proceeds from exercise of stock options | - | 2,481 | 12,981 | 1,744 |
| Purchase of capped calls related to convertible senior notes | - | 340,000 | - | - |
| Issuance of common stock in a private placement, net of issuance costs | 1,985,000 | - | - | - |
| Payment of debt issuance costs | - | - | 9,550 | 36,536 |
| Proceeds from initial public offering, net of underwriting discounts and commissions | 0 | 68,381 | 0 | 0 |
| Issuance of redeemable convertible preferred stock, net of issuance costs | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock | - | -67,669 | 0 | 67,669 |
| Redeemable convertible preferred stock cash dividends paid | 0 | 307 | 0 | 2,592 |
| Payment of tax withholdings on settlement of rsus | 0 | -43 | 11,485 | 116,873 |
| Deferred offering costs paid | - | - | 1,006 | 10,893 |
| Common stock repurchased | - | - | 0 | - |
| Other financing activities | -26,000 | -55,054 | -20,860 | -17,343 |
| Net cash provided by financing activities | 3,914,000 | 3,528,894 | 1,696,060 | 2,229,180 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -810,000 | 1,162,142 | 915,108 | -464,233 |
| Cash, cash equivalents, and restricted cashbeginning of period | 4,130,000 | -933,691 | -17,750 | -481,983 |
| Cash, cash equivalents, and restricted cashend of period | 3,320,000 | 1,161,309 | 915,108 | -464,233 |
CoreWeave, Inc. (CRWV)
CoreWeave, Inc. (CRWV)