CrowdStrike Holdings (CRWD) FCF Margin (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly FCF Margin came in at 27.59% in Q3 2026, up 173.0% on a YoY basis from 10.11% in Q3 2025, and down 22.5% quarter-over-quarter from 35.6% in Q2 2026.
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CrowdStrike Holdings (CRWD) FCF Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has reported FCF Margin for 9 consecutive years, with 27.59% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, FCF Margin rose 173.0% year-over-year to 27.59%; the trailing twelve-month figure through Jul 2026 stood at 29.81% (up 432.0% YoY), and the FY2026 full-year result was 27.23%, down 127.0% from the prior year.
- FCF Margin fell to 27.59% in Q3 2026 per CRWD's latest filing, from 35.6% in the prior quarter.
- Across five years, FCF Margin topped out at 36.21% in Q2 2024 and bottomed at 24.42% in Q1 2025.
- Historically, FCF Margin has averaged 30.14% across 5 years, with a median of 30.29% in 2026.
- The sharpest annual moves came in 2025 and 2026: FCF Margin tumbled 1041 bps in 2025, then surged 856 bps in 2026.
- Over 5 years, FCF Margin stood at 31.26% in 2022, then climbed by 3 bps to 32.09% in 2023, then decreased by 24 bps to 24.49% in 2024, then gained by 4 bps to 25.45% in 2025, then climbed by 8 bps to 27.59% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 27.59%, 35.6%, and 30.29% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 26.25% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 47.15% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | -0.11% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 32.44% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 16.68% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 32.19% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 26.23% |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | -4.51% |
Historic Data
Download Data
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% |