CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026)

CrowdStrike Holdings (CRWD) has reported Cost of Revenue for 9 consecutive years, with $463.6 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $463.6 million, down 42.45% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.8 billion (up 9.25% YoY), and the FY2026 annual result was $1.8 billion, up 20.24% from the prior year.
• Cost of Revenue was $463.6 million for Q1 2026 at CrowdStrike Holdings, down from $481.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $805.5 million in Q1 2025 and troughed at $158.2 million in Q4 2022.
• Average Cost of Revenue over 5 years is $326.3 million, with a median of $246.4 million recorded in 2023.
• Year-over-year, Cost of Revenue surged 418.41% in 2022 and sank 42.45% in 2026.
• Over 5 years, Cost of Revenue stood at $158.2 million in 2022, then climbed by 23.24% to $195.0 million in 2023, then jumped by 109.36% to $408.3 million in 2024, then climbed by 17.82% to $481.0 million in 2025, then retreated by 3.63% to $463.6 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $463.6 million in Q1 2026, $481.0 million in Q4 2025, and $447.0 million in Q3 2025.