CoreWeave capex by quarter

CoreWeave reported $9.4B of capex for CY2026 Q3, +188% on the same quarter a year earlier. Latest guidance: $37B to $39B for CY2026, given 10 Nov 2026. The table holds 7 quarters from CY2025 Q1 to CY2026 Q3.

CoreWeave sells GPU cloud infrastructure and software to AI labs, hyperscalers and enterprises. Cash PP&E purchases are shown here; its broader management CapEx measure can differ materially. Definition: Cash purchases of property and equipment, including capitalized internal-use software, excluding noncash finance-lease additions. This is narrower than management's CapEx measure.

Capex by calendar quarter

USD
CoreWeave, Q1 2025: $1.4B $1B Q1 25 CoreWeave, Q2 2025: $2.5B $2B Q2 25 CoreWeave, Q3 2025: $3.3B $3B Q3 25 CoreWeave, Q4 2025: $4.1B $4B Q4 25 CoreWeave, Q1 2026: $7.7B $8B Q1 26 CoreWeave, Q2 2026: $6.4B $6B Q2 26 CoreWeave, Q3 2026: $9.4B $9B Q3 26 CoreWeave, Q1 2025: $1.4B $1B Q1 25 CoreWeave, Q2 2025: $2.5B $2B Q2 25 CoreWeave, Q3 2025: $3.3B $3B Q3 25 CoreWeave, Q4 2025: $4.1B $4B Q4 25 CoreWeave, Q1 2026: $7.7B $8B Q1 26 CoreWeave, Q2 2026: $6.4B $6B Q2 26 CoreWeave, Q3 2026: $9.4B $9B Q3 26
  • CoreWeave
CoreWeave quarterly capex, Q1 2025 to Q3 2026
Calendar quarterCoreWeave
Q1 2025$1.4B
Q2 2025$2.5B
Q3 2025$3.3B
Q4 2025$4.1B
Q1 2026$7.7B
Q2 2026$6.4B
Q3 2026$9.4B
Reported quarter Calendar Capex YoY Guidance Announced Source
CY2026 Q3 Q3 2026 $9.4B +188% $37B to $39B (CY2026) 10 Nov 2026 investors.coreweave.com
CY2026 Q2 Q2 2026 $6.4B +162% — — investors.coreweave.com
CY2026 Q1 Q1 2026 $7.7B +447% — — investors.coreweave.com
CY2025 Q4 Q4 2025 $4.1B — — — investors.coreweave.com
CY2025 Q3 Q3 2025 $3.3B — — 10 Nov 2025 investors.coreweave.com
CY2025 Q2 Q2 2025 $2.5B — — 12 Aug 2025 investors.coreweave.com
CY2025 Q1 Q1 2025 $1.4B — — 14 May 2025 investors.coreweave.com

Also in Neoclouds