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
DateValue
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