CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026)
CrowdStrike Holdings (CRWD) posted Net Margin of 0.36% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 6.36 percentage points from -6.00% a year earlier but down 1.64 percentage points from the prior quarter.
CrowdStrike Holdings (CRWD) Net Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Net Margin at CrowdStrike Holdings was 1.08%, up 7.52 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -3.38%, down 2.99 percentage points from FY2025.
- Annual Net Margin shows a five-year change of +7.22 percentage points (FY2021 to FY2026).
- In prior fiscal years, CrowdStrike Holdings' Net Margin was -0.39% in FY2025 (-2.75 pp), 2.36% in FY2024 (+10.54 pp), -8.18% in FY2023 (+8.00 pp) and -16.18% in FY2022 (-5.58 pp).
- Quarterly Net Margin has run from a low of -13.28% in fiscal Q3 2022 to a high of 4.88% in fiscal Q2 2025 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of -1.64 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q1 2023, with a gain of 21.62 percentage points; the weakest was fiscal Q1 2026, with a drop of 14.10 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 2.00% (Q1 2027), 4.55% (Q4 2026) and -2.75% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 3.25% |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | 5.30% |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | 14.41% |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 7.38% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.36% |
| Apr 30, 2026 | 2.00% |
| Jan 31, 2026 | 4.55% |
| Oct 31, 2025 | -2.75% |
| Jul 31, 2025 | -6.00% |
| Apr 30, 2025 | -9.45% |
| Jan 31, 2025 | -8.34% |
| Oct 31, 2024 | -1.67% |
| Jul 31, 2024 | 4.88% |
| Apr 30, 2024 | 4.65% |
| Jan 31, 2024 | 4.32% |
| Oct 31, 2023 | 3.39% |
| Jul 31, 2023 | 1.16% |
| Apr 30, 2023 | 0.07% |
| Jan 31, 2023 | -7.45% |
| Oct 31, 2022 | -9.46% |
| Jul 31, 2022 | -9.21% |
| Apr 30, 2022 | -6.46% |
| Jan 31, 2022 | -9.74% |
| Oct 31, 2021 | -13.28% |
CrowdStrike Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CRWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CRWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CRWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();