CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026)
CrowdStrike Holdings (CRWD) posted Operating Expenses of $979.9 million for Q1 2026, down 1.61% on a QoQ basis from $995.9 million in Q4 2025, and up 13.0% year-over-year from $867.1 million in Q1 2025.
CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026) Analysis & Trends
CrowdStrike Holdings (CRWD) has reported Operating Expenses for 9 consecutive years, with $979.9 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $979.9 million, up 13.0% year-over-year; the trailing twelve-month figure through Jan 2026 was $3.9 billion (up 26.19% YoY), and the FY2026 annual result was $3.9 billion, up 26.19% from the prior year.
- Operating Expenses was $979.9 million for Q1 2026 at CrowdStrike Holdings, down from $995.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $995.9 million in Q4 2025 and troughed at $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 soared 59.78% — and 2026, when it gained 13.0%.
- Year by year, Operating Expenses stood at $479.1 million in 2022, then gained by 22.7% to $587.8 million in 2023, then surged by 37.93% to $810.8 million in 2024, then increased by 22.82% to $995.9 million in 2025, then fell by 1.61% to $979.9 million in 2026.
- Per Business Quant, the three latest CRWD Operating Expenses figures stand at $979.9 million (Q1 2026), $995.9 million (Q4 2025), and $971.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | 13.49 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 10.85 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 13.05 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 1.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 255.69 Mn |