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Financial Performance

Crusoe Energy Revenue & Financials

Revenue

$180M (FY2024)

Employees

450

What is Crusoe Energy's revenue?

Crusoe Energy had $180M in revenue for fiscal year 2024, up 80% from 2023.

Latest revenue
$180M (FY2024)
Year-over-year
+80%
Growth rate (CAGR)
100% over 2 years
Peak revenue
$180M (FY2024)
Years of data
3
Employees
450
How many employees does Crusoe Energy have?
Crusoe Energy has about 450 employees.

Financial Analysis

Crusoe reached a $3.0 billion valuation following a $500 million equity and debt financing round led by Peter Thiel's Founders Fund, with participation from Upper90 and Mubadala. Annualized revenue exceeded $180 million in 2024, bolstered by expanding wholesale datacenter leases with Oracle Cloud to power OpenAI's frontier model training clusters.

Revenue Trend Analysis

YoY Change

+80%

2-Year CAGR

+100%

Peak Year

2024

Trend

Not enough comparable years

Crusoe Energy has 3 full fiscal year figures on this page, compounding at +100% annually over 2 years. The most recent year saw a 80% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $180M. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.

Annual revenue history

Fiscal YearRevenueYoY Change
FY2024$180M+80.0%
FY2023$100M+122.2%
FY2022$45M—

Click any row to see year details.

Keep researching Crusoe Energy

Crusoe Energy Revenue and Financial FAQ

What was Crusoe Energy's revenue in 2022?

Crusoe Energy achieved $180M in revenue for fiscal year 2022.

Is Crusoe Energy profitable?

Crusoe Energy's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.

How fast is Crusoe Energy growing?

Crusoe Energy has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.

How does Crusoe Energy fund its capital expenditures?

Crusoe Energy funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.

What is Crusoe Energy's debt profile?

Crusoe Energy maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.

Where does Crusoe Energy reinvest its profits?

Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.

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Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Crusoe Energy Revenue & Financials." CorpDigest, https://corpdigest.com/company/crusoe-energy/financials.
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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.