CoreWeave reported capital expenditure of $10.31B for fiscal 2025, +18.5% versus $8.70B in fiscal 2024.
Capex equals 201% of fiscal-year revenue ($5.13B).
The highest single reported period was $7.70B (period ending 2026-03-31).
The latest reported period, 6 months to 2026-06-30, shows $14.12B; the dataset covers 11 reported periods (2023–2026), all from SEC XBRL filings.
Every capital-expenditure figure CoreWeave has reported to the SEC, unedited. Capex is the XBRL concept PaymentsToAcquirePropertyPlantAndEquipment; a capex/revenue ratio above 100% means the company is investing more than it earns to secure capacity. Each row links to the filing it came from.
| Fiscal year | Capex | YoY |
|---|---|---|
| FY2025 | $10.31B | +18% |
| FY2024 | $8.70B | +196% |
| FY2023 | $2.94B | — |
| Period end | Period | Capex |
|---|---|---|
| 2026-06-30 | FY2026 6 mo. cumulative | $14.12B |
| 2026-03-31 | FY2026 Q1 | $7.70B |
| 2025-12-31 | FY2025 FY | $10.31B |
| 2025-09-30 | FY2025 9 mo. cumulative | $6.25B |
| 2025-06-30 | FY2025 6 mo. cumulative | $3.86B |
| 2025-03-31 | FY2025 Q1 | $1.41B |
| 2024-12-31 | FY2024 FY | $8.70B |
| 2024-09-30 | FY2024 9 mo. cumulative | $5.20B |
| 2024-06-30 | FY2024 6 mo. cumulative | $3.99B |
| 2024-03-31 | FY2024 Q1 | $1.74B |
| 2023-12-31 | FY2023 FY | $2.94B |
Source: SEC XBRL company-concept API, concept PaymentsToAcquirePropertyPlantAndEquipment, CIK 1769628. See Methodology.