CrowdStrike Holdings (CRWD) Gross Margin (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Gross Margin came in at 74.57% in Q3 2026, up 97.0% on a YoY basis from 37.85% in Q3 2025, and down 0.96% quarter-over-quarter from 75.3% in Q2 2026.
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CrowdStrike Holdings (CRWD) Gross Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has reported Gross Margin for 9 consecutive years, with 74.57% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin rose 97.0% year-over-year to 74.57%; the trailing twelve-month figure through Jul 2026 stood at 75.25% (up 114.0% YoY), and the FY2026 full-year result was 74.67%, down 29.0% from the prior year.
- Gross Margin eased to 74.57% in Q3 2026 per CRWD's latest filing, from 75.3% in the prior quarter.
- Across five years, Gross Margin topped out at 76.12% in Q1 2026 and bottomed at 72.45% in Q1 2023.
- Historically, Gross Margin has averaged 74.53% across 5 years, with a median of 74.75% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 250 bps in 2024, then plunged 177 bps in 2025.
- Over 5 years, Gross Margin stood at 72.76% in 2022, then increased by 3 bps to 75.19% in 2023, then fell by 1 bps to 74.75% in 2024, then gained by 0 bps to 75.06% in 2025, then declined by 1 bps to 74.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 74.57%, 75.3%, and 76.12% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 67.55% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 80.24% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 60.42% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 82.25% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 78.44% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 77.02% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 85.23% |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | 72.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 74.57% |
| Apr 30, 2026 | 75.30% |
| Jan 31, 2026 | 76.12% |
| Oct 31, 2025 | 75.06% |
| Jul 31, 2025 | 73.60% |
| Apr 30, 2025 | 73.91% |
| 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% |