CoreWeave, Inc. Class A Common Stock (CRWV) Stock

CoreWeave, Inc. Class A Common Stock (CRWV) is a Technology stock trading at $73.36 (as of 2026-07-17), with a market capitalization of $38.66B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CoreWeave, Inc. operates a cloud platform that provides scaling, support, and acceleration for GenAI. The company builds the infrastructure that supports compute workloads for enterprises. Its products include GPU compute, CPU compute, storage services, networking services, managed services, and virtual and bare metal servers. Additionally, its platform offers a fleet lifecycle controller, node lifecycle controller, tensorizer, and observability. The company's services also include VFX and rendering, AI model training, AI interference, and mission control. CoreWeave, Inc. 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.

Understand CoreWeave, Inc. Class A Common Stock: how it makes money

CoreWeave operates a cloud platform for GenAI workloads, providing GPU compute, CPU compute, storage, networking, managed services, and virtual and bare metal servers, and it makes money by delivering these compute and infrastructure services for enterprise use.

CoreWeave appears to generate strong gross margin from providing compute and infrastructure services, but its operating margin is negative, meaning profitability depends on keeping operating costs under control while scaling its capacity and service delivery.

Revenue by segment (latest quarter)
CoreWeave	$2.1B

Business quality (Weak): Clear business description and reported gross and operating margins are provided, but no official multi-segment breakdown or peer set is given, so this panel focuses on the core platform model and operating pressure implied by margins.

Bull case

Strong gross margin, infrastructure value proposition: For the quarter ended 2026-03-31, CoreWeave reported gross margin of 65.5%, consistent with a platform business that captures value on delivered compute and infrastructure services.
Scaling measured through power and capacity expansion: Management tracks expansion-style operating metrics such as Active power added, plus contracted forward visibility via Remaining performance obligations (RPO).

Bear case

Operating profitability is currently pressured: For the quarter ended 2026-03-31, CoreWeave reported operating margin of -6.9%, indicating costs and investments have not translated into operating profit yet.
High-intensity infrastructure model can magnify inefficiencies: Because the company builds and runs data center infrastructure and services (compute, storage, networking, and managed services), execution issues or cost overruns can directly affect operating results.

Valuation — source: SEC EDGAR (first-party)
Price	$73.36
Market Cap	$38.66B
EV / EBITDA	22.6
Price / Book	8.12
Price / Sales	6.86
FCF Yield	-38.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$5.13B
Net Margin	-22.7%
Revenue Growth (YoY)	167.9%
EPS Growth (YoY)	-36.0%
FCF Growth (YoY)	21.8%

Financial Health — source: SEC EDGAR
Altman Z-Score	0.23 (distress)

Valuation vs Sector & Industry
Sector P/E (Technology)	34.7
Industry P/E (Business Services)	30.7

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Magnetar Financial LLC ($4.74B)
Institutional Holders Tracked	10
Congressional Trades (recent)	4

Company
Sector	Technology
Industry	Business Services
CEO	Michael N. Intrator
Employees	881
Country	US
IPO Date	2025-03-28

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Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.