CrowdStrike Holdings (CRWD) Free Cash Flow (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Free Cash Flow came in at $405.9 million in Q3 2026, up 34.24% on a YoY basis from $302.3 million in Q3 2025, and down 17.73% quarter-over-quarter from $493.3 million in Q2 2026.
Analysis
CrowdStrike Holdings (CRWD) Free Cash Flow (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has reported Free Cash Flow for 9 consecutive years, with $405.9 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Free Cash Flow rose 34.24% year-over-year to $405.9 million; the trailing twelve-month figure through Jul 2026 stood at $1.6 billion (up 45.37% YoY), and the FY2026 full-year result was $1.3 billion, up 16.27% from the prior year.
- Free Cash Flow slipped to $405.9 million in Q3 2026 per CRWD's latest filing, from $493.3 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $493.3 million in Q2 2026 and bottomed at $133.0 million in Q1 2022.
- Historically, Free Cash Flow has averaged $271.8 million across 5 years, with a median of $258.5 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 83.21% in 2022, then declined 12.2% in 2025.
- Over 5 years, Free Cash Flow stood at $181.6 million in 2022, then soared by 38.92% to $252.3 million in 2023, then fell by 1.91% to $247.4 million in 2024, then climbed by 26.96% to $314.1 million in 2025, then grew by 29.19% to $405.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $405.9 million, $493.3 million, and $395.4 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 788.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | -972,000.00 |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 280.61 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 71.25 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 430.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 176.70 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | -13.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 405.86 Mn |
| Apr 30, 2026 | 493.31 Mn |
| Jan 31, 2026 | 395.40 Mn |
| Oct 31, 2025 | 314.15 Mn |
| Jul 31, 2025 | 302.34 Mn |
| Apr 30, 2025 | 298.36 Mn |
| Jan 31, 2025 | 258.51 Mn |
| Oct 31, 2024 | 247.43 Mn |
| Jul 31, 2024 | 287.39 Mn |
| Apr 30, 2024 | 333.55 Mn |
| Jan 31, 2024 | 294.43 Mn |
| Oct 31, 2023 | 252.25 Mn |
| Jul 31, 2023 | 204.36 Mn |
| Apr 30, 2023 | 238.63 Mn |
| Jan 31, 2023 | 217.88 Mn |
| Oct 31, 2022 | 181.58 Mn |
| Jul 31, 2022 | 143.78 Mn |
| Apr 30, 2022 | 162.75 Mn |
| Jan 31, 2022 | 133.00 Mn |
| Oct 31, 2021 | 129.43 Mn |