CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Net Margin came in at 0.36% in Q3 2026, up 636.0% on a YoY basis from 0.05% in Q3 2025, and down 89.07% quarter-over-quarter from 3.32% in Q2 2026.
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CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has reported Net Margin for 9 consecutive years, with 0.36% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin rose 636.0% year-over-year to 0.36%; the trailing twelve-month figure through Jul 2026 stood at 1.46% (up 793.0% YoY), and the FY2026 full-year result was 3.35%, down 303.0% from the prior year.
- Net Margin fell to 0.36% in Q3 2026 per CRWD's latest filing, from 3.32% in the prior quarter.
- Across five years, Net Margin topped out at 5.02% in Q2 2024 and bottomed at 9.69% in Q1 2022.
- Historically, Net Margin has averaged 2.26% across 5 years, with a median of 1.67% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 2114 bps in 2022, then slumped 1454 bps in 2025.
- Over 5 years, Net Margin stood at 9.41% in 2022, then soared by 136 bps to 3.39% in 2023, then slumped by 149 bps to 1.67% in 2024, then tumbled by 65 bps to 2.75% in 2025, then soared by 113 bps to 0.36% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.36%, 3.32%, and 4.71% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -5.90% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 29.55% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 3.25% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 24.07% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -14.46% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 16.09% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 28.77% |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | -31.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.36% |
| Apr 30, 2026 | 3.32% |
| Jan 31, 2026 | 4.71% |
| Oct 31, 2025 | -2.75% |
| Jul 31, 2025 | -6.00% |
| Apr 30, 2025 | -9.52% |
| Jan 31, 2025 | -8.38% |
| Oct 31, 2024 | -1.67% |
| Jul 31, 2024 | 4.84% |
| Apr 30, 2024 | 5.02% |
| Jan 31, 2024 | 4.47% |
| Oct 31, 2023 | 3.39% |
| Jul 31, 2023 | 1.16% |
| Apr 30, 2023 | 0.07% |
| Jan 31, 2023 | -7.68% |
| Oct 31, 2022 | -9.41% |
| Jul 31, 2022 | -9.03% |
| Apr 30, 2022 | -6.23% |
| Jan 31, 2022 | -9.69% |
| Oct 31, 2021 | -13.28% |