Here are the 10-K annual reports from CoreWeave, Inc. (CRWV) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CRWV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRWV filings page.
CoreWeave, Inc. reports rapid expansion as an AI-focused cloud provider. Revenue reached $5.1 billion in 2025, up from $1.9 billion in 2024 and $229 million in 2023, reflecting surging demand for high-performance AI infrastructure.
The company is still in heavy investment mode, posting net losses of $1.2 billion in 2025, $863 million in 2024, and $594 million in 2023 as it builds out data centers and network capacity. Remaining performance obligations climbed to $60.7 billion at December 31 2025, compared with $15.1 billion a year earlier, supported by multi‑year take‑or‑pay contracts.
CoreWeave now operates 43 data centers with over 850 MW of active power and about 3.1 GW of contracted capacity. Customer concentration is high, with 67% of 2025 revenue from Microsoft and large long‑term commitments from OpenAI and Meta, while substantial capital needs, supply‑chain dependence, power availability, and evolving AI regulation are key risks highlighted in the filing.