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- CoreWeave
CoreWeave Valuation Multiples
CoreWeave is valued at $34B as of October 2026, a 7.1x revenue multiple. In the last 12 months, CoreWeave revenue was $11B and CoreWeave EBITDA was $6.6B.
CoreWeave Overview
About CoreWeave
CoreWeave is a modern cloud infrastructure company that offers Nvidia GPUs and other essential AI hardware with optimized efficiency to handle the most demanding AI training and inference workloads. Its cloud platform supports the development and use of foundational large language models and the delivery of next-generation AI applications to satisfy the growing demand for AI around the world.
Founded
2017
HQ
Employees
2.2K
Website
Financials (LTM)
EV
$80B
Valuation Multiples
Start free trialCoreWeave Financials
CoreWeave reported last 12-month revenue of $11B and EBITDA of $6.6B.
In the same LTM period, CoreWeave generated $7.7B in gross profit, $6.6B in EBITDA, and had net loss of ($1.8B).
Revenue (LTM)
CoreWeave P&L
In the most recent fiscal year, CoreWeave reported revenue of $5.1B and EBITDA of $2.5B.
CoreWeave is unprofitable as of last fiscal year, with gross margin of 72%, EBITDA margin of 48%, and net margin of (23%).
Financial data powered by Morningstar, Inc.
CoreWeave Stock Performance
CoreWeave has current market cap of $34B, and enterprise value of $80B.
Market Cap Evolution
CoreWeave's stock price is $61.39.
CoreWeave share price decreased by 29.5% in the last 30 days, and by 53.5% in the last year.
CoreWeave has an EPS (earnings per share) of $-2.12.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $80B | $34B | 0.0% | -29.5% | -14.5% | -53.5% | $-2.12 |
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Start Free TrialCoreWeave Valuation Multiples
CoreWeave trades at 7.1x EV/Revenue multiple, and 12.0x EV/EBITDA.
EV / Revenue (LTM)
CoreWeave Financial Valuation Multiples
As of October 18, 2026, CoreWeave has market cap of $34B and EV of $80B.
CoreWeave has a P/E ratio of (18.4x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified CoreWeave Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


CoreWeave Margins & Growth Rates
CoreWeave grew revenue by 151% and EBITDA by 206% in the last fiscal year.
In the most recent fiscal year, CoreWeave reported gross margin of 72%, EBITDA margin of 48%, and net margin of (23%).
CoreWeave Margins
CoreWeave Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
CoreWeave Operational KPIs
CoreWeave's revenue per employee in the last FY averaged $2.3M, while opex per employee averaged $2.4M for the same period.
CoreWeave's Rule of 40 is 210% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
CoreWeave's Rule of X is 436% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
CoreWeave Competitors
CoreWeave competitors include Wiwynn, Cerebras Systems, HCLTech, NetApp, Baidu, VeriSign, MongoDB, Enflame, SJ Semiconductor and DCI Indonesia.
Most CoreWeave public comparables operate across Cloud Infrastructure, AI Chips & Hardware, B2B SaaS, Horizontal SaaS and Generative AI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $29B | $2.2B | 1.2x | 0.9x | 15.6x | 12.1x | |||
| $510M | $253M | 46.6x | - | 94.2x | - | |||
| $14B | $2.7B | 2.7x | 2.6x | 13.7x | 12.4x | |||
| $6.9B | $1.8B | 5.6x | 5.2x | 21.1x | 15.9x | |||
| $19B | $3.3B | 1.2x | 1.2x | 7.0x | 7.1x | |||
| $1.7B | $1.2B | 17.3x | 16.5x | 24.9x | 22.6x | |||
| $2.5B | ($104M) | 10.1x | 8.7x | (239.2x) | 40.8x | |||
| $148M | ($147M) | 179.9x | - | (181.2x) | - | |||
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CoreWeave VC Funding History
Before going public, CoreWeave raised $2.7B in total equity funding, across 9 rounds.
Last private valuation of CoreWeave was $23B, after raising $650M in November 2024 from Fidelity, Macquarie Asset Management, Magnetar Capital, and 1 other investor.
CoreWeave Funding Rounds
Acquisitions by CoreWeave
CoreWeave has acquired 6 companies to date.
Last acquisition by CoreWeave was on October 30th 2025. CoreWeave acquired Marimo for undisclosed valuation.
Latest Acquisitions by CoreWeave
| Description | Marimo is an open-source Python framework for building reactive user interfaces and dashboards without JavaScript. Headquartered remotely, the platform compiles notebooks into web applications supporting data visualization with Vega-Lite, Plotly, and Matplotlib. Marimo enables data scientists to create interactive UIs for machine learning models and analytics workflows deployable on servers or cloud platforms. | Monolith AI is a London-headquartered machine learning platform founded in 2016 that analyzes engineering simulation data to accelerate product development. Its nTop software replaces physical prototypes by predicting performance for automotive and aerospace components, reducing R&D cycles by up to 50 percent. The company serves clients like Airbus and Ferrari with tools for topology optimization and material selection. | OpenPipe is a San Francisco-based AI platform assisting developers in building datasets and refining prompts via cost-effective fine-tuning. It captures existing prompts and completions automatically to generate drop-in replacement models compatible with OpenAI APIs. The service supports rapid iteration for custom LLMs, integrating with tools like Vercel and Replicate for seamless deployment. | Core Scientific Inc is engaged in designing, building, and operating digital infrastructure for high-density colocation services and digital asset mining. The business operates in three operating segments: Digital Asset Self-Mining, consisting of performing digital asset mining for its own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and Colocation, consisting of providing high-density colocation services to third parties for AI / HPC operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment. | |
| HQ Country | |||||
| HQ City | San Francisco, CA | London | San Francisco, CA | - | |
| Deal Date | 30 Oct 2025 | 6 Oct 2025 | 3 Sep 2025 | 7 Jul 2025 | |
| Valuation | undisclosed | undisclosed | undisclosed | $9B | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all CoreWeave acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by CoreWeave
CoreWeave has invested in 6 companies to date.
Latest investment by CoreWeave was on May 26th 2026. CoreWeave invested in Tensormesh in their $20M Seed round (EV/Revenue multiple available to Pro users).
Latest Investments by CoreWeave
| Description | Tensormesh is an optimization company at tensormesh.ai enhancing inference speed for large language models and AI agents. It deploys quantization and distillation techniques on GPU clusters, cutting latency by factors of 5-10x for real-time applications in chatbots and autonomous systems. | Numerata enables accessible custom AI models through enterprise tools like NinetyFive, supporting private code training and on-premises deployment for developers. | Salt AI is a visual AI development platform for life sciences and health tech enterprises. Teams build applications for protein structure prediction, drug discovery pipelines, and diagnostic imaging using no-code interfaces that deploy models on AWS or Azure. San Francisco-headquartered since 2020, it integrates with datasets from PubChem and clinical trial repositories, enabling biomarker identification workflows for pharma companies like Pfizer collaborators. | Moonvalley is a San Francisco-based AI company developing generative video tools for filmmakers, including the Marey model for cinematic motion, camera, lighting, and sequencing control. Launched in 2023, its Voyager platform in closed beta enables real-time editing of multi-layer scenes with features like motion transfer. Moonvalley partners with Hollywood studios and agencies for pilots, processing videos up to 4K resolution. The tools integrate with Adobe After Effects, targeting professional creatives in North America and Europe. | |
| HQ Country | |||||
| HQ City | San Francisco, CA | - | Los Angeles, CA | Toronto | |
| Deal Date | 26 May 2026 | 1 Dec 2025 | 22 Sep 2025 | 14 Jul 2025 | |
| Round | Seed | Seed | Seed | Seed | |
| Raised | $20M | undisclosed | $10M | $84M | |
| Investors | CoreWeave; NVentures; AMD Ventures; Laude Ventures; Valley Capital Partners | CoreWeave; Jane Street | CoreWeave; Marbruck; Morpheus Ventures; Struck Capital | General Catalyst; CoreWeave; Y Combinator; Comcast Ventures; Creative Artists Agency; Khosla Ventures | |
| Valuation | undisclosed | undisclosed | $29M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all CoreWeave investments and their VC round multiples. Start Free Trial | |||||
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Start Free TrialAbout CoreWeave
| When was CoreWeave founded? | CoreWeave was founded in 2017. |
| Where is CoreWeave headquartered? | CoreWeave is headquartered in United States. |
| How many employees does CoreWeave have? | As of today, CoreWeave has over 2K employees. |
| Who is the CEO of CoreWeave? | CoreWeave's CEO is Michael Intrator. |
| Is CoreWeave publicly listed? | Yes, CoreWeave is a public company listed on Nasdaq. |
| What is the stock symbol of CoreWeave? | CoreWeave trades under CRWV ticker. |
| When did CoreWeave go public? | CoreWeave went public in 2025. |
| Who are competitors of CoreWeave? | CoreWeave main competitors include Wiwynn, Cerebras Systems, HCLTech, NetApp, Baidu, VeriSign, MongoDB, Enflame, SJ Semiconductor, DCI Indonesia. |
| What is the current market cap of CoreWeave? | CoreWeave's current market cap is $34B. |
| What is the current revenue of CoreWeave? | CoreWeave's last 12 months revenue is $11B. |
| What is the current revenue growth of CoreWeave? | CoreWeave revenue growth (NTM/LTM) is 110%. |
| What is the current EV/Revenue multiple of CoreWeave? | Current revenue multiple of CoreWeave is 7.1x. |
| What is the current EBITDA of CoreWeave? | CoreWeave's last 12 months EBITDA is $6.6B. |
| What is CoreWeave's EBITDA margin? | CoreWeave's last 12 months EBITDA margin is 59%. |
| What is the current EV/EBITDA multiple of CoreWeave? | Current EBITDA multiple of CoreWeave is 12.0x. |
| What is the current FCF of CoreWeave? | CoreWeave's last 12 months FCF is ($23B). |
| What is CoreWeave's FCF margin? | CoreWeave's last 12 months FCF margin is (207%). |
| What is the current EV/FCF multiple of CoreWeave? | Current FCF multiple of CoreWeave is (3.4x). |
| How many companies CoreWeave has acquired to date? | As of October 2026, CoreWeave has acquired 6 companies. |
| What was the largest acquisition by CoreWeave? | $9B acquisition of Core Scientific on 7th July 2025 was the largest M&A CoreWeave has done to date. |
| What companies CoreWeave acquired? | CoreWeave acquired Core Scientific, Weights & Biases, Conductor Technologies, Marimo, OpenPipe, and Monolith AI. |
| In how many companies CoreWeave has invested to date? | As of October 2026, CoreWeave has invested in 6 companies. |
| What was the last CoreWeave investment? | On 26th May 2026 CoreWeave invested in Tensormesh, participating in a $20M Seed round, alongside NVentures, AMD Ventures, Laude Ventures, and Valley Capital Partners. |
| In what companies CoreWeave invested in? | CoreWeave invested in Moonvalley, Chai, Tensormesh, Salt AI, WOMBO, and Numerata. |
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