CrowdStrike Holdings (CRWD) FCF Margin (2018 - 2026)
CrowdStrike Holdings (CRWD) posted FCF Margin of 27.59% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.73 percentage points from 25.86% a year earlier but down 8.01 percentage points from the prior quarter.
CrowdStrike Holdings (CRWD) FCF Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, FCF Margin at CrowdStrike Holdings was 29.81%, up 4.32 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 27.23%, down 1.27 percentage points from FY2025.
- Annual FCF Margin shows a five-year change of -7.51 percentage points (FY2021 to FY2026).
- In prior fiscal years, CrowdStrike Holdings' FCF Margin was 28.50% in FY2025 (-3.89 pp), 32.39% in FY2024 (+0.89 pp), 31.50% in FY2023 (-0.37 pp) and 31.87% in FY2022 (-2.87 pp).
- Quarterly FCF Margin has run from a low of 24.42% in fiscal Q4 2025 to a high of 36.21% in fiscal Q1 2025 over five years.
- On a year-over-year basis, FCF Margin has increased in each of the last four quarters, with an average year-over-year change of -1.75 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was fiscal Q1 2027, with a gain of 8.56 percentage points; the weakest was fiscal Q4 2025, with a drop of 10.41 percentage points.
- According to Business Quant data, FCF Margin for the three prior fiscal quarters was 35.60% (Q1 2027), 30.29% (Q4 2026) and 25.45% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 27.28% |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | -0.11% |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 18.06% |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 28.94% |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 47.16% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 27.59% |
| Apr 30, 2026 | 35.60% |
| Jan 31, 2026 | 30.29% |
| Oct 31, 2025 | 25.45% |
| Jul 31, 2025 | 25.86% |
| Apr 30, 2025 | 27.04% |
| Jan 31, 2025 | 24.42% |
| Oct 31, 2024 | 24.49% |
| Jul 31, 2024 | 29.82% |
| Apr 30, 2024 | 36.21% |
| Jan 31, 2024 | 34.83% |
| Oct 31, 2023 | 32.09% |
| Jul 31, 2023 | 27.93% |
| Apr 30, 2023 | 34.45% |
| Jan 31, 2023 | 34.18% |
| Oct 31, 2022 | 31.26% |
| Jul 31, 2022 | 26.87% |
| Apr 30, 2022 | 33.36% |
| Jan 31, 2022 | 30.86% |
| Oct 31, 2021 | 34.06% |
CrowdStrike Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CRWD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CRWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CRWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();