CRWV Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), CRWV reported revenue of $2.6B, gross profit of $1.7B (65.9% gross margin), operating income of −$49M, and net income of −$626M (-24.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CRWV reported a net loss; revenue grew 112.3% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +112.3% | −115.5% | −0.4 pp |
| Quarter over quarter | +23.9% | +15.4% | +11.3 pp |
Consensus estimate data is not available for this report.
CRWV Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $2.6B | 100% |
| Cost of Revenue | −$879M | 34.1% |
| Gross Profit | $1.7B | 65.9% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$238M | 9.2% |
| Other Operating Expenses | −$1.5B | 58.5% |
| Operating Income | −$49M | -1.9% |
| Interest Expense | −$640M | 24.9% |
| Other Income, net | $125M | 4.9% |
| Income Tax Expense | −$62M | 2.4% |
| Net Income | −$626M | -24.3% |
Source: CRWV filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.