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

CrowdStrike Holdings has reported Cost of Revenue for 9 years, with the latest figure at $463.6 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 42.45% year-over-year to $463.6 million; the trailing twelve-month figure through Jan 2026 stood at $1.8 billion (up 9.25% YoY), and the FY2026 full-year result was $1.8 billion, up 20.24% from the prior year.
• Cost of Revenue for Q1 2026 stood at $463.6 million, down from $481.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $805.5 million in Q1 2025, with the low at $158.2 million in Q4 2022.
• Historically, Cost of Revenue has averaged $326.3 million across 5 years, with a median of $246.4 million in 2023.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 418.41% — and 2026, when it tumbled 42.45%.
• CrowdStrike Holdings' Cost of Revenue stood at $158.2 million in 2022, then rose by 23.24% to $195.0 million in 2023, then jumped by 109.36% to $408.3 million in 2024, then rose by 17.82% to $481.0 million in 2025, then dropped by 3.63% to $463.6 million in 2026.
• The last three Cost of Revenue figures came in at $463.6 million (Q1 2026), $481.0 million (Q4 2025), and $447.0 million (Q3 2025), per Business Quant data.