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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 |
| Operating 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 |
| 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 |
| Total Expenses | - | 2,431.35 | 3,074.70 | 4,070.02 | 5,105.30 |
| Operating Income | - | -190.11 | -19.14 | -116.40 | -293.29 |
| Total Operating Income As Reported | - | -190.11 | -19.14 | -116.40 | -293.29 |
| EBITDA | - | -40.75 | 276.68 | 298.83 | 182.48 |
| Normalized EBITDA | - | -40.75 | 276.68 | 298.83 | 182.48 |
| EBIT | - | -134.56 | 131.43 | 84.88 | -98.97 |
| Interest Income | - | 52.50 | 148.93 | 196.17 | 194.97 |
| Interest Expense | - | 25.32 | 25.76 | 26.31 | 28.02 |
| Net Interest Income | - | 27.18 | 123.17 | 169.86 | 166.95 |
| Other Non Operating Income Expenses | - | 3.05 | 1.64 | 5.10 | -0.64 |
| Other Income Expense | - | 3.05 | 1.64 | 5.10 | -0.64 |
| Interest Income Non Operating | - | 52.50 | 148.93 | 196.17 | 194.97 |
| Interest Expense Non Operating | - | 25.32 | 25.76 | 26.31 | 28.02 |
| Net Non Operating Interest Income Expense | - | 27.18 | 123.17 | 169.86 | 166.95 |
| Pretax Income | - | -159.88 | 105.67 | 58.56 | -126.99 |
| Tax Provision | - | 22.40 | 32.23 | 71.13 | 34.18 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -182.28 | 73.44 | -12.57 | -161.16 |
| Net Income From Continuing And Discontinued Operation | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Net Income From Continuing Operation Net Minority Interest | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Net Income | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Net Income Common Stockholders | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Net Income Including Noncontrolling Interests | - | -182.28 | 73.44 | -12.57 | -161.16 |
| Normalized Income | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Diluted NI Availto Com Stockholders | - | -183.24 | 72.18 | -15.24 | -162.50 |
| Basic Average Shares | 227.14 | 233.14 | 238.64 | 244.75 | - |
| Diluted Average Shares | 227.14 | 233.14 | 243.64 | 244.75 | - |
| Reconciled Depreciation | - | 93.81 | 145.25 | 213.96 | 281.45 |
| Reconciled Cost Of Revenue | - | 601.23 | 758.93 | 990.17 | 1,218.93 |
| Minority Interests | - | -0.96 | -1.26 | -2.68 | -1.34 |
| General And Administrative Expense | - | 317.34 | 395.17 | 481.26 | 670.34 |
| Other Gand A | - | 317.34 | 395.17 | 481.26 | 670.34 |
| Selling And Marketing Expense | - | 904.41 | 1,140.28 | 1,523 | 1,831.25 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc.this co. | CRWD | $183.1B | -1126.48 | 41.34 | -3.7% | 978.97 |
| Seagate Technology Holdings plc | STX | $209.5B | 142.62 | -462.49 | -324.3% | 102.45 |
| Arista Networks, Inc. | ANET | $209.0B | 59.53 | 16.90 | 28.4% | 50.48 |
| Analog Devices, Inc. | ADI | $208.8B | 92.11 | 6.18 | 6.7% | 42.76 |
| Western Digital Corporation | WDC |
| - |
| - |
| - |
| - |
| - |
| - |
| $198.4B |
| 107.81 |
| 35.81 |
| 33.2% |
| 103.70 |
| Amphenol Corporation | APH | $180.6B | 42.28 | 13.46 | 31.8% | 26.84 |
| Corning Incorporated | GLW | $170.1B | 106.61 | 14.41 | 13.5% | 47.66 |
| Salesforce, Inc. | CRM | $154.6B | 20.73 | 2.61 | 12.6% | 13.10 |
| Shopify Inc. | SHOP | $150.6B | 122.32 | 11.18 | 9.1% | 77.89 |
| Peer Median | - | 99.36 | 12.32 | 13.1% | 49.07 | |