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Capex tracker

How much does CoreWeave spend on capex each quarter?

CoreWeave reported $6.4 billion of capex (“purchases of property and equipment and capitalized internal-use software”) for the quarter ended Jun 30, 2026, up 162% from $2.5 billion a year earlier. The figure is from its 10-Q filed with the SEC on Aug 12, 2026.

What was CoreWeave’s capex in each recent quarter?

CoreWeave’s quarterly capex is up 162% from a year earlier

CoreWeave’s quarterly capex is up 162% from a year earlierCoreWeave purchases of property and equipment and capitalized internal-use software per quarter in billions of U.S. dollars. Q1 2025 (ended Mar 31, 2025) 1.4, Q2 2025 (ended Jun 30, 2025) 2.5, Q3 2025 (ended Sep 30, 2025) 2.4, Q4 2025 (ended Dec 31, 2025) 4.1, Q1 2026 (ended Mar 31, 2026) 7.7, Q2 2026 (ended Jun 30, 2026) 6.4.0510CoreWeave, Q1 2025 (quarter ended Mar 31, 2025): $1.4 billion1.4Q1 ’25CoreWeave, Q2 2025 (quarter ended Jun 30, 2025): $2.5 billion2.5Q2 ’25CoreWeave, Q3 2025 (quarter ended Sep 30, 2025): $2.4 billion2.4Q3 ’25CoreWeave, Q4 2025 (quarter ended Dec 31, 2025): $4.1 billion4.1Q4 ’25CoreWeave, Q1 2026 (quarter ended Mar 31, 2026): $7.7 billion7.7Q1 ’26CoreWeave, Q2 2026 (quarter ended Jun 30, 2026): $6.4 billion6.4Q2 ’26$ billions per quarter CoreWeave’s quarterly capex is up 162% from a year earlierCoreWeave purchases of property and equipment and capitalized internal-use software per quarter in billions of U.S. dollars. Q1 2025 (ended Mar 31, 2025) 1.4, Q2 2025 (ended Jun 30, 2025) 2.5, Q3 2025 (ended Sep 30, 2025) 2.4, Q4 2025 (ended Dec 31, 2025) 4.1, Q1 2026 (ended Mar 31, 2026) 7.7, Q2 2026 (ended Jun 30, 2026) 6.4.0510CoreWeave, Q1 2025 (quarter ended Mar 31, 2025): $1.4 billion1.4Q1 ’25CoreWeave, Q2 2025 (quarter ended Jun 30, 2025): $2.5 billion2.5Q2 ’25CoreWeave, Q3 2025 (quarter ended Sep 30, 2025): $2.4 billion2.4Q3 ’25CoreWeave, Q4 2025 (quarter ended Dec 31, 2025): $4.1 billion4.1Q4 ’25CoreWeave, Q1 2026 (quarter ended Mar 31, 2026): $7.7 billion7.7Q1 ’26CoreWeave, Q2 2026 (quarter ended Jun 30, 2026): $6.4 billion6.4Q2 ’26$ billions per quarter
Quarter endedCalendar quarterPurchases of property and equipment and capitalized internal-use softwareFiling
Jun 30, 2026Q2 2026$6.4 billion10-Q, filed Aug 12, 2026
Mar 31, 2026Q1 2026$7.7 billion10-Q, filed May 8, 2026
Dec 31, 2025Q4 2025$4.1 billion10-K, filed Mar 2, 2026
Sep 30, 2025Q3 2025$2.4 billion10-Q, filed Nov 13, 2025
Jun 30, 2025Q2 2025$2.5 billion10-Q, filed Aug 12, 2026
Mar 31, 2025Q1 2025$1.4 billion10-Q, filed May 8, 2026

Line used: “Purchases of property and equipment and capitalized internal-use software”. Cash paid for property and equipment and capitalized internal-use software, from the investing section of the cash flow statement. CoreWeave’s third-quarter 2026 report was not filed when this page was last updated. Quarters are placed in the calendar quarter that holds most of the period; the table gives the true period end. Each quarter is the difference between year-to-date totals in the filing linked in the last column.

What capex does CoreWeave expect in 2026?

CoreWeave’s latest earnings release (Aug 11, 2026) does not state a full-year capex figure, so none is shown. The Census does not use remarks from earnings calls or analyst estimates.

How big are CoreWeave’s lease commitments that have not started?

CoreWeave reported $35.5 billion of leases not yet commenced as of Jun 30, 2026. Estimated future undiscounted payments on executed leases, primarily for data centers, equipment and office buildings, that had not yet commenced. Expected to commence between 2026 and 2029, with estimated terms of 7 to 16 years. 10-Q filed Aug 12, 2026, Note 8, Leases.

A signed lease that has not begun is not on the balance sheet and is not in capex. Definitions differ by company, so compare with care.

Which data centers is CoreWeave building?

4 tracked projects name CoreWeave as a developer, operator or tenant in the Census.

CoreWeave capex: common questions

How much did CoreWeave spend on capex last quarter?

CoreWeave reported $6.4 billion on “purchases of property and equipment and capitalized internal-use software” for the quarter ended Jun 30, 2026, up 162% from $2.5 billion a year earlier. The figure comes from its filing with the SEC.

What capex does CoreWeave expect in 2026?

CoreWeave’s latest earnings release (Aug 11, 2026) does not state a full-year capex figure, so the Census shows none.

What are CoreWeave’s lease commitments that have not started?

CoreWeave reported $35.5 billion of leases not yet commenced as of Jun 30, 2026. Estimated future undiscounted payments on executed leases, primarily for data centers, equipment and office buildings, that had not yet commenced. Expected to commence between 2026 and 2029, with estimated terms of 7 to 16 years.

Is CoreWeave’s capex all AI spending?

No. The figure is total capex from the cash flow statement. CoreWeave does not split it into AI and other spending in the line used here, so the Census does not call it AI capex.

Sources: CoreWeave 10-Q for the quarter ended Jun 30, 2026 · CoreWeave second-quarter 2026 earnings release (EX-99.1).

Related: All companies · Microsoft · Alphabet · Amazon · Meta · Oracle · CoreWeave prices and sites

Cite this page

Last updated Oct 31, 2026. Figures may change as records are updated — include the date you retrieved them.

APAData Center Census. (2026). CoreWeave capex. Retrieved from https://datacentercensus.com/ai-capex/coreweave
MLA“CoreWeave capex.” Data Center Census, Oct 31, 2026, https://datacentercensus.com/ai-capex/coreweave.
Linkhttps://datacentercensus.com/ai-capex/coreweave

Republishing a figure or table? Attribute it to Data Center Census with a link to this page. The underlying data is downloadable as JSON and CSV; the press kit has standing figures and contact details.