CRWV vs. NBIS: CoreWeave vs. Nebius Stock Comparison
How do CoreWeave (CRWV) and Nebius (NBIS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CoreWeave (CRWV) and Nebius (NBIS) both fall under the Software & Services industry group, but CRWV is classified in IT Services while NBIS is classified in Software.
| Profile Item | CRWV | NBIS |
|---|---|---|
| Name | CoreWeave Inc. Class A Common Stock | Nebius Group N.V. Class A Ordinary Shares |
| Country/Region | United States | Netherlands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | IT Services | Software |
| GICS Sub-Industry | Internet Services & Infrastructure | Systems Software |
| Market Capitalization | 25.59 billion USD | 35.20 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 28, 2025 | October 21, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Total Return (1Y) | -52.69% | 25.86% |
| Total Return (3Y, Annualized) | -- | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Volatility (1Y, Annualized) | 98.61% | 111.62% |
| Beta (5Y) | 7.43 | 4.66 |
| Max Drawdown (5Y) | -76.22% | -58.27% |
| Avg. Volume (3M) | 40.98M | 20.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.58 | 0.19 |
| Sortino Ratio (1Y) | -0.86 | 0.31 |
Profitability
ROE (TTM)
CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Nebius (NBIS) reports 0.60%, ranking against industry peers normally.
CRWV
Software & Services industry group
-43.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- CRWV
- -43.60%
- Min
- -50.52%
NBIS
Software & Services industry group
0.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- NBIS
- 0.60%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Nebius (NBIS) reports 3.13%, ranking against industry peers normally.
CRWV
Software & Services industry group
-25.40%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- CRWV
- -25.40%
- Min
- -33.17%
NBIS
Software & Services industry group
3.13%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- NBIS
- 3.13%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both CoreWeave (CRWV) at -1.90% and Nebius (NBIS) at -0.22% report negative operating margin values, usually indicating operating losses over the period.
CRWV
Software & Services industry group
-1.90%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- CRWV
- -1.90%
- Q1
- -2.13%
- Min
- -30.45%
NBIS
Software & Services industry group
-0.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- NBIS
- -0.22%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| ROE (TTM) | -43.60% | 0.60% |
| ROA (TTM) | -0.24% | -1.92% |
| Net Margin (TTM) | -25.40% | 3.13% |
| Operating Margin (TTM) | -1.90% | -0.22% |
| Gross Margin (TTM) | 67.42% | 74.26% |
Growth
Revenue Growth
Both CoreWeave (CRWV) at 167.94% and Nebius (NBIS) at 479.02% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Neither CoreWeave (CRWV) nor Nebius (NBIS) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Revenue Growth (YoY) | 167.94% | 479.02% |
| Revenue Growth (3Y CAGR) | 586.92% | 239.83% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -28.68% |
Financial Strength
Current Ratio (MRQ)
Nebius (NBIS) at 4.03 carries current ratio above its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CRWV
Software & Services industry group
0.46
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- CRWV
- 0.46
- Min
- 0.03
NBIS
Software & Services industry group
4.03
- Max
- 5.11
- NBIS
- 4.03
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Nebius (NBIS) at 0.99 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.
CRWV
Software & Services industry group
10.27
- CRWV
- 10.27
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
NBIS
Software & Services industry group
0.99
- Max
- 2.52
- Q3
- 1.13
- NBIS
- 0.99
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Current Ratio (MRQ) | 0.46 | 4.03 |
| Debt / Equity (MRQ) | 10.27 | 0.99 |
| Net Debt / EBITDA | 12.16 | 8.35 |
Dividends
Dividend Yield (TTM)
Neither CoreWeave (CRWV) nor Nebius (NBIS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRWV
Software & Services industry group
0.00%
- CRWV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither CoreWeave (CRWV) nor Nebius (NBIS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRWV
Software & Services industry group
0.00%
- CRWV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NBIS
Software & Services industry group
0.00%
- NBIS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Nebius (NBIS) trades at 101.16 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.
CRWV
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- CRWV
- --
NBIS
Software & Services industry group
101.16
- Max
- 112.94
- NBIS
- 101.16
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
CoreWeave (CRWV) at 3.37 prices around its industry’s typical P/S ratio, while Nebius (NBIS) at 25.98 clears its benchmark range — NBIS looks notably rich on sales.
CRWV
Software & Services industry group
3.37
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- CRWV
- 3.37
- Q1
- 2.23
- Min
- 0.02
NBIS
Software & Services industry group
25.98
- NBIS
- 25.98
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
On P/B ratio, both CoreWeave (CRWV) at 5.09 and Nebius (NBIS) at 3.43 are valued close to their industries’ norm against book — neither stands out from peers.
CRWV
Software & Services industry group
5.09
- Max
- 16.63
- Q3
- 8.50
- CRWV
- 5.09
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
NBIS
Software & Services industry group
3.43
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- NBIS
- 3.43
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CRWV | NBIS |
|---|---|---|
| P/E Ratio (TTM) | -- | 101.16 |
| P/S Ratio (TTM) | 3.37 | 25.98 |
| P/B Ratio (MRQ) | 5.09 | 3.43 |
| Free Cash Flow Yield (TTM) | -35.51% | -27.31% |