CoreWeave Inc. (CRWV) vs NetApp, Inc. (NTAP)
CoreWeave Inc. and NetApp, Inc. are both Software Infrastructure companies. CoreWeave Inc. is the larger, with a market value of $50.5B against $38.8B — 1.3× the size. CoreWeave Inc. has negative trailing earnings, so its P/E is not meaningful; NetApp, Inc. trades at 28.0×. CoreWeave Inc. grew revenue faster over the last twelve months: 115.3% against 12.2%. NetApp, Inc. has the higher net margin (19.2% vs −25.4%) and the higher return on invested capital (283.9% vs −0.43%). Across the 18 metrics below, NetApp, Inc. leads on 15 and CoreWeave Inc. on 3.
Valuation
Profitability
| Metric | CRWV | NTAP | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 67.42% | 70.63% | 61.23% |
| Operating margin | (3.04%) | 25.02% | 0.00% |
| Net margin | (25.42%) | 19.19% | 0.00% |
| Free cash flow margin | (179.91%) | 22.32% | 1.67% |
| Return on equity | (50.22%) | 114.82% | 0.59% |
| Return on assets | (3.73%) | 13.74% | 0.00% |
| Return on invested capital | (0.43%) | 283.94% | 0.00% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack