CrowdStrike Holdings CRWD
NASDAQ CRWD
$209.30 -3.80 (-1.78%)
As of: Sep 8, 2026 · 3:25 PM EDT

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

CrowdStrike Holdings' (CRWD) quarterly Cost of Revenue came in at $374.0 million in Q3 2026, up 21.21% on a YoY basis from $308.6 million in Q3 2025, and up 9.27% quarter-over-quarter from $342.3 million in Q2 2026.

Analysis

CrowdStrike Holdings (CRWD) Cost of Revenue (2018 - 2026) Analysis & Trends

CrowdStrike Holdings (CRWD) has reported Cost of Revenue for 9 consecutive years, with $374.0 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Cost of Revenue rose 21.21% year-over-year to $374.0 million; the trailing twelve-month figure through Jul 2026 stood at $1.3 billion (up 18.82% YoY), and the FY2026 full-year result was $1.2 billion, up 23.1% from the prior year.
  • Cost of Revenue grew to $374.0 million in Q3 2026 per CRWD's latest filing, from $342.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $374.0 million in Q3 2026 and bottomed at $112.6 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $231.3 million across 5 years, with a median of $225.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Cost of Revenue soared 68.76% in 2022, then rose 14.31% in 2026.
  • Over 5 years, 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 grew by 21.51% to $374.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $374.0 million, $342.3 million, and $311.7 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Palo Alto Networks 269.95 Bn 266.84 Bn 2.03 Bn 974.00 Mn
2 CrowdStrike Holdings 213.25 Bn 208.23 Bn 1.10 Bn 374.00 Mn
3 Fortinet 115.21 Bn 111.15 Bn 1.64 Bn 404.70 Mn
4 Axon Enterprise 40.91 Bn 40.24 Bn 546.45 Mn 357.94 Mn
5 Zscaler 26.10 Bn 22.63 Bn - -
6 F5 22.14 Bn 20.54 Bn 711.51 Mn 153.56 Mn
7 Rubrik 18.93 Bn 17.19 Bn 335.12 Mn 92.14 Mn
8 Gen Digital 17.80 Bn 17.24 Bn 1.03 Bn 307.00 Mn
9 Check Point Software Technologies 14.28 Bn 12.00 Bn 574.10 Mn 99.50 Mn
10 SentinelOne 6.67 Bn 6.02 Bn 210.42 Mn 81.56 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 374.00 Mn
Apr 30, 2026 342.28 Mn
Jan 31, 2026 311.70 Mn
Oct 31, 2025 307.81 Mn
Jul 31, 2025 308.55 Mn
Apr 30, 2025 287.88 Mn
Jan 31, 2025 272.68 Mn
Oct 31, 2024 255.09 Mn
Jul 31, 2024 237.40 Mn
Apr 30, 2024 225.00 Mn
Jan 31, 2024 211.78 Mn
Oct 31, 2023 195.00 Mn
Jul 31, 2023 182.92 Mn
Apr 30, 2023 169.23 Mn
Jan 31, 2023 175.60 Mn
Oct 31, 2022 158.23 Mn
Jul 31, 2022 140.57 Mn
Apr 30, 2022 126.83 Mn
Jan 31, 2022 112.62 Mn
Oct 31, 2021 101.66 Mn