CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026)
CrowdStrike Holdings' (CRWD) quarterly Operating Expenses came in at $979.9 million in Q1 2026, up 13.0% YoY from $867.1 million in Q1 2025, and down 1.61% on a QoQ basis from $995.9 million in Q4 2025.
CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has 9 years of Operating Expenses data on file, last reported at $979.9 million in Q1 2026.
- Quarterly Operating Expenses rose 13.0% year-over-year to $979.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $3.9 billion (up 26.19% YoY) and the FY2026 annual result came in at $3.9 billion, up 26.19% from the prior year.
- Operating Expenses retreated to $979.9 million in Q1 2026, from $995.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $995.9 million in Q4 2025 to a low of $341.9 million in Q1 2022.
- A 5-year average of $673.8 million and a median of $621.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 59.78% — and 2026, when it rose 13.0%.
- Tracing CRWD's Operating Expenses over 5 years: stood at $479.1 million in 2022, then increased by 22.7% to $587.8 million in 2023, then soared by 37.93% to $810.8 million in 2024, then climbed by 22.82% to $995.9 million in 2025, then dropped by 1.61% to $979.9 million in 2026.
- The last three Operating Expenses figures came in at $979.9 million (Q1 2026), $995.9 million (Q4 2025), and $971.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
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|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | CrowdStrike Holdings | 426.50 Mn | -4.13 Bn | 1.04 Bn | 1.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.07 Bn |
| Jan 31, 2026 | 979.89 Mn |
| Oct 31, 2025 | 995.88 Mn |
| Jul 31, 2025 | 971.65 Mn |
| Apr 30, 2025 | 938.95 Mn |
| Jan 31, 2025 | 867.13 Mn |
| Oct 31, 2024 | 810.81 Mn |
| Jul 31, 2024 | 712.81 Mn |
| Apr 30, 2024 | 689.10 Mn |
| Jan 31, 2024 | 621.03 Mn |
| Oct 31, 2023 | 587.85 Mn |
| Jul 31, 2023 | 564.08 Mn |
| Apr 30, 2023 | 542.81 Mn |
| Jan 31, 2023 | 523.26 Mn |
| Oct 31, 2022 | 479.08 Mn |
| Jul 31, 2022 | 442.89 Mn |
| Apr 30, 2022 | 384.89 Mn |
| Jan 31, 2022 | 341.92 Mn |
| Oct 31, 2021 | 318.65 Mn |
| Jul 31, 2021 | 294.66 Mn |