CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Net Margin came in at 4.71% in Q1 2026, up 1308.0% YoY from 0.33% in Q1 2025, and up 270.92% on a QoQ basis from 2.75% in Q4 2025.
CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has 9 years of Net Margin data on file, last reported at 4.71% in Q1 2026.
- Quarterly Net Margin rose 1308.0% year-over-year to 4.71% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 3.35% (down 303.0% YoY) and the FY2026 annual result came in at 3.35%, down 303.0% from the prior year.
- Net Margin advanced to 4.71% in Q1 2026, from 2.75% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.02% in Q2 2024 to a low of 10.06% in Q2 2025.
- A 5-year average of 2.82% and a median of 2.75% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin surged 2114 bps — and 2025, when it plunged 1508 bps.
- Tracing CRWD's Net Margin over 5 years: stood at 9.41% in 2022, then jumped by 136 bps to 3.39% in 2023, then tumbled by 149 bps to 1.66% in 2024, then sank by 65 bps to 2.75% in 2025, then surged by 271 bps to 4.71% in 2026.
- The last three Net Margin figures came in at 4.71% (Q1 2026), 2.75% (Q4 2025), and 6.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | CrowdStrike Holdings | 426.50 Mn | -4.13 Bn | 1.04 Bn | 3.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 3.32% |
| Jan 31, 2026 | 4.71% |
| Oct 31, 2025 | -2.75% |
| Jul 31, 2025 | -6.64% |
| Apr 30, 2025 | -10.06% |
| Jan 31, 2025 | -8.37% |
| Oct 31, 2024 | -1.66% |
| 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 | -13.27% |
| Jul 31, 2021 | -16.97% |