CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Cost of Revenue came in at $311.7 million in Q1 2026, up 14.31% YoY from $272.7 million in Q1 2025, and up 1.26% on a QoQ basis from $307.8 million in Q4 2025.
CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has 9 years of Cost of Revenue data on file, last reported at $311.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 14.31% year-over-year to $311.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $1.2 billion (up 23.1% YoY) and the FY2026 annual result came in at $1.2 billion, up 23.1% from the prior year.
- Cost of Revenue advanced to $311.7 million in Q1 2026, from $307.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $311.7 million in Q1 2026 to a low of $112.6 million in Q1 2022.
- A 5-year average of $216.6 million and a median of $211.8 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 68.76% — and 2026, when it increased 14.31%.
- Tracing CRWD's Cost of Revenue over 5 years: stood at $158.2 million in 2022, then rose by 23.24% to $195.0 million in 2023, then soared by 30.81% to $255.1 million in 2024, then increased by 20.67% to $307.8 million in 2025, then increased by 1.26% to $311.7 million in 2026.
- The last three Cost of Revenue figures came in at $311.7 million (Q1 2026), $307.8 million (Q4 2025), and $310.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | CrowdStrike Holdings | 426.50 Mn | -4.13 Bn | 1.04 Bn | 342.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 342.28 Mn |
| Apr 30, 2026 | 342.28 Mn |
| Jan 31, 2026 | 311.70 Mn |
| Jan 31, 2026 | 311.70 Mn |
| Oct 31, 2025 | 307.81 Mn |
| Oct 31, 2025 | 307.81 Mn |
| Jul 31, 2025 | 310.28 Mn |
| Jul 31, 2025 | 310.28 Mn |
| Apr 30, 2025 | 289.14 Mn |
| Apr 30, 2025 | 289.14 Mn |
| Jan 31, 2025 | 272.68 Mn |
| Jan 31, 2025 | 272.68 Mn |
| Oct 31, 2024 | 255.09 Mn |
| Oct 31, 2024 | 255.09 Mn |
| Jul 31, 2024 | 237.40 Mn |
| Jul 31, 2024 | 237.40 Mn |
| Apr 30, 2024 | 225.00 Mn |
| Apr 30, 2024 | 225.00 Mn |
| Jan 31, 2024 | 211.78 Mn |
| Jan 31, 2024 | 211.78 Mn |