CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026)
CrowdStrike Holdings (CRWD) posted Cost of Revenue of $311.7 million for Q1 2026, up 1.26% on a QoQ basis from $307.8 million in Q4 2025, and up 14.31% year-over-year from $272.7 million in Q1 2025.
CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026) Analysis & Trends
CrowdStrike Holdings' Cost of Revenue history runs 9 years deep, the most recent figure standing at $311.7 million for 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 was $311.7 million for Q1 2026 at CrowdStrike Holdings, up from $307.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $311.7 million in Q1 2026 and bottomed at $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 advanced 14.31%.
- CrowdStrike Holdings' Cost of Revenue stood at $158.2 million in 2022, then advanced by 23.24% to $195.0 million in 2023, then surged by 30.81% to $255.1 million in 2024, then gained by 20.67% to $307.8 million in 2025, then gained by 1.26% to $311.7 million in 2026.
- Business Quant data shows CRWD's Cost of Revenue at $311.7 million in Q1 2026, $307.8 million in Q4 2025, and $310.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 637.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Oct 31, 2023 | 195.00 Mn |
| Oct 31, 2023 | 195.00 Mn |