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

CrowdStrike Holdings (CRWD) has disclosed Cost of Revenue for 8 consecutive years, with $307.8 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 24.61% year-over-year to $307.8 million, compared with a TTM value of $1.7 billion through Oct 2025, up 22.0%, and an annual FY2025 reading of $1.5 billion, up 33.56% over the prior year.
  • Cost of Revenue was $307.8 million for Q4 2025 at CrowdStrike Holdings, down from $310.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $805.9 million in Q1 2025 and bottomed at -$56.7 million in Q1 2023.
  • Average Cost of Revenue over 5 years is $259.4 million, with a median of $264.4 million recorded in 2022.
  • The sharpest move saw Cost of Revenue tumbled 134.9% in 2023, then skyrocketed 611.74% in 2024.
  • Year by year, Cost of Revenue stood at $101.7 million in 2021, then surged by 135.75% to $239.7 million in 2022, then skyrocketed by 107.81% to $498.1 million in 2023, then fell by 18.03% to $408.3 million in 2024, then fell by 24.61% to $307.8 million in 2025.
  • Business Quant data shows Cost of Revenue for CRWD at $307.8 million in Q4 2025, $310.3 million in Q3 2025, and $289.1 million in Q2 2025.