CrowdStrike Holdings (CRWD) Gross Margin (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Gross Margin came in at 76.12% in Q1 2026, up 188.0% YoY from 26.43% in Q1 2025, and up 1.41% on a QoQ basis from 75.06% in Q4 2025.
CrowdStrike Holdings (CRWD) Gross Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has 9 years of Gross Margin data on file, last reported at 76.12% in Q1 2026.
- Quarterly Gross Margin rose 188.0% year-over-year to 76.12% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 74.67% (down 29.0% YoY) and the FY2026 annual result came in at 74.67%, down 29.0% from the prior year.
- Gross Margin advanced to 76.12% in Q1 2026, from 75.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 76.12% in Q1 2026 to a low of 72.45% in Q1 2023.
- A 5-year average of 74.46% and a median of 74.75% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 250 bps — and 2025, when it sank 191 bps.
- Tracing CRWD's Gross Margin over 5 years: stood at 72.76% in 2022, then climbed by 3 bps to 75.19% in 2023, then dropped by 1 bps to 74.75% in 2024, then increased by 0 bps to 75.06% in 2025, then advanced by 1 bps to 76.12% in 2026.
- The last three Gross Margin figures came in at 76.12% (Q1 2026), 75.06% (Q4 2025), and 73.46% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | CrowdStrike Holdings | 426.50 Mn | -4.13 Bn | 1.04 Bn | 75.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 75.30% |
| Jan 31, 2026 | 76.12% |
| Oct 31, 2025 | 75.06% |
| Jul 31, 2025 | 73.46% |
| Apr 30, 2025 | 73.80% |
| Jan 31, 2025 | 74.24% |
| Oct 31, 2024 | 74.75% |
| Jul 31, 2024 | 75.37% |
| Apr 30, 2024 | 75.57% |
| Jan 31, 2024 | 74.95% |
| Oct 31, 2023 | 75.19% |
| Jul 31, 2023 | 75.00% |
| Apr 30, 2023 | 75.57% |
| Jan 31, 2023 | 72.45% |
| Oct 31, 2022 | 72.76% |
| Jul 31, 2022 | 73.73% |
| Apr 30, 2022 | 74.00% |
| Jan 31, 2022 | 73.87% |
| Oct 31, 2021 | 73.25% |
| Jul 31, 2021 | 73.22% |