CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally. Its unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity, and data through a software as a service (SaaS) subscription-based model. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, threat intelligence, data protection, SaaS security posture management, and AI powered workflow automation, and securing generative AI workload services, as well as security orchestration, automation, and response; and security information and event management, and log management services. It primarily sells subscriptions to its Falcon platform and cloud modules. The company was incorporated in 2011 and is headquartered in Austin, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $4.8B | $182M | $-163M | $1.2B | -3.7% | 21.7% | 966.2% |
| 2025 | $4.0B | $299M | $-15M | $1.1B | -0.5% | 29.4% | -121.1% |
| 2024 | $3.1B | $277M | $72M | $929M | 3.1% | 36.3% | -139.4% |
| 2023 | $2.2B | $-41M | $-183M | $675M | -12.5% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,241.24 | 3,055.56 | 3,953.62 | 4,812 |
| Cost Of Revenue | - | 601.23 | 758.93 | 990.17 | 1,218.93 |
| Gross Profit | - | 1,640 | 2,296.63 | 2,963.45 | 3,593.08 |
| Operating Expense | - | 1,830.12 | 2,315.77 | 3,079.85 | 3,886.37 |
| Operating Income | - | -190.11 | -19.14 | -116.40 | -293.29 |
| EBITDA | - | -40.75 | 276.68 | 298.83 | 182.48 |
| EBIT | - | -134.56 | 131.43 | 84.88 | -98.97 |
| Pretax Income | - | -159.88 | 105.67 | 58.56 | -126.99 |
| Tax Provision | - | 22.40 | 32.23 | 71.13 | 34.18 |
| Net Income | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Net Income Common Stockholders | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Total Expenses | - | 2,431.35 | 3,074.70 | 4,070.02 | 5,105.30 |
| Interest Expense | - | 25.32 | 25.76 | 26.31 | 28.02 |
| Interest Income | - | 52.50 | 148.93 | 196.17 | 194.97 |
| Research And Development | - | 608.36 | 780.32 | 1,075.59 | 1,384.77 |
| Selling General And Administration | - | 1,221.75 | 1,535.45 | 2,004.26 | 2,501.60 |
| Normalized EBITDA | - | -40.75 | 276.68 | 298.83 | 182.48 |
| Normalized Income | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Market Cap | 113,652 | 113,652 | 113,652 | 113,652 | 113,652 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc.this co. | CRWD | - | -699.39 | 25.66 | -3.7% | 598.64 |
| Akamai Technologies, Inc. | AKAM | $13.8B | 31.02 | 2.82 | 9.1% | 13.99 |
| FormFactor, Inc. | FORM | $12.0B | 222.39 | 11.68 | 5.3% | 111.80 |
| GoDaddy Inc. | GDDY | $11.9B | 13.11 | 53.34 | 406.8% | 11.07 |
| Gen Digital Inc. | GEN | $11.8B |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.93 |
| 5.08 |
| 28.3% |
| 9.30 |
| Zebra Technologies Corporation | ZBRA | $11.6B | 26.73 | 3.12 | 11.7% | 16.15 |
| Gartner, Inc. | IT | $11.3B | 13.94 | 31.77 | 228.0% | 9.11 |
| Jack Henry & Associates, Inc. | JKHY | $11.0B | 24.00 | 5.13 | 21.4% | - |
| Sanmina Corporation | SANM | $10.4B | 42.67 | 4.46 | 10.4% | 20.60 |
| Peer Median | - | 25.37 | 5.11 | 16.5% | 13.99 | |