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CrowdStrikeCRWD

$218.2B market cap
$213.10Read the full report →Fact sheet
CrowdStrikeCRWD
Revenue

Revenue: is the business selling more than it used to?

$4.8B+22% YoYFY 2025

0.00$2.0B$4.0B2017201820192020202120222023202420252026$5.4B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

→Revenue reached $4.8B in 2025, compounding +29% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $5.4B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Net income

Net income: how much of that revenue becomes profit?

$-161MFY 2025

$-200M0.002017201820192020202120222023$73M202420252026$46M

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

→The company lost $161M in 2025, more than the $13M it lost the year before. The losses are widening - check the Health chapter for how long the cash lasts.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Growth rate

How fast is it growing, year by year?

+21.7%revenue growth, FY 2025

0.0%50%100%20182019202020212022202320242025Revenue growth 22%

→Revenue grew +22% in 2025 against a five-year average of +42%.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Per-share growth

Revenue per share: is your slice growing as fast as the company?

$19.20revenue per share, FY 2025

0.0010.0020.002019202020212022202320242025202621.536.42

◌ 2026 = trailing twelve months to the latest filed quarter (2026-07-31), not a full fiscal year

→Revenue per share reached $19.20 in 2025, compounding +26% a year against +29% for CRWD as a whole. Dilution absorbed about 3.1 points of that growth. Free cash flow per share stands at $5.23.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Free cash flow

Free cash flow: what is left in real cash after everything?

$1.3B+16% YoYFY 2025

0.00$1.0B2017201820192020202120222023202420252026$1.6B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

→Free cash flow was $1.3B in 2025, compounding +23% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $1.6B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Income waterfall

Where does each dollar of revenue actually go?

$4.8BRevenue 2025$3.6BGross profit$-293MOperating income$-161MNet income

→Of $4.8B in 2025 sales, nothing survives to the bottom line - the journey ends $161M underwater.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Cash conversion

How much of every sales dollar ends up as free cash?

-50%0.0%201720182019202035%20212022202320242025202630%

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

→27 cents of every sales dollar became free cash in 2025, down 4 points since 2022.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Spending intensity

What does staying competitive cost, per dollar of sales?

0.0%20%40%20172018201920202021202220232024202520267.6%29%23%

◌ 2026 = trailing twelve months to the latest filed quarter (2026-07-31), not a full fiscal year

→The biggest claim on each sales dollar is research and development, at 29% of revenue (stock compensation 23%, capital spending 6%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Margins

Margins: of every $1 of sales, how much survives each cost layer?

-100%0.0%201720182019202020212022202320242025202675%-2.5%0.9%

◌ 2026 = trailing twelve months to the latest filed quarter (2026-07-31), not a full fiscal year

→Operating margin widened 2 points to -6% since 2022. The bottom line is still negative: costs below the operating line eat what is left.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Returns on capital

What does it earn on the money it uses?

-50%0.0%20172018201920202021202220232024202520260.9%0.4%-4.2%

◌ 2026 = trailing twelve months to the latest filed quarter (2026-07-31), not a full fiscal year

→ROE of 1% sits well above ROCE of -4%. A meaningful share of the shareholder return is manufactured with leverage rather than operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Valuation history

What has the market paid for CRWD over time?

1152.5xP/E today

0.0020.0040.00201920202021202220232024202520267-year median 5.0xP/S 40.44

◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

→At 40.4x sales, the market is paying +707% more than CRWD's own 7-year median of 5.0x. Expectations are elevated, so more has to go right to justify the price.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Free cash flow yield

What cash return does the business throw off per dollar of market value?

0.7%FCF yield today

0.0%5.0%10%201920202021202220232024202520267-year median 4.8%FCF yield 0.7%

◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

→Every dollar of market value currently buys 0.7% of annual free cash flow, less than its 7-year median of 4.8% - you are paying up for the same cash.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Debt & cash

Could it handle its debt if things went wrong?

0.00$2.0B$4.0B20162017201820192020202120222023202420252026$746M$5.0B

→The company holds $5.0B in cash against $746M of debt - a net-cash balance sheet, which means a bad year is an inconvenience rather than a threat.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Shareholders' equity

Is the company's own capital growing?

0.00$2.5B$5.0B20162017201820192020202120222023202420252026$5.1B

→The company's own capital grew from $2.3B in 2023 to $5.1B (+121%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Capital returned

How much goes back, and how much leaks out as stock comp?

0.00$500M$1.0B20172018201920202026

→CRWD returned no cash to shareholders in the latest filed year: everything is being retained or reinvested.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Dilution rate

How fast is your ownership being diluted - or concentrated?

0.0%20%40%202047%202120222023202420252.4%

→The share count grew 2.4% in 2025, averaging 2.4% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Return on capital employed

Does CRWD earn more on its capital than that capital costs?

-50%0.0%2018201920202021202220232024202510% cost of capitalreturn on capital -4.2%

→CRWD's return on capital is negative at -4.2% in 2025. The capital in the business is not yet earning anything back.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Dilution against what it bought

CRWD has issued or retired shares - did shareholders end up better off?

02505002019202020212022202320242025169591

→CRWD issued +69% more shares from 2019 to 2025, but revenue per share still rose +491%. The dilution bought more growth than it cost existing holders.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

CrowdStrikeCRWD
Insider flow

Are the people running it buying or selling?

$50M$25M0.00Jun '26Jul '26Aug '26Sep '26

→Insiders sold $127M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price.

Source: SEC EDGAR (XBRL company facts) · as at 2026-07-31

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