CrowdStrike Holdings CRWD
NASDAQ CRWD
$209.28 -3.82 (-1.79%)
As of: Sep 8, 2026 · 3:23 PM EDT

CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026)

CrowdStrike Holdings' (CRWD) quarterly Operating Expenses came in at $1.1 billion in Q3 2026, up 17.01% on a YoY basis from $965.9 million in Q3 2025, and up 5.23% quarter-over-quarter from $1.1 billion in Q2 2026.

Analysis

CrowdStrike Holdings (CRWD) Operating Expenses (2018 - 2026) Analysis & Trends

CrowdStrike Holdings (CRWD) has reported Operating Expenses for 9 consecutive years, with $1.1 billion the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 17.01% year-over-year to $1.1 billion; the trailing twelve-month figure through Jul 2026 stood at $4.2 billion (up 16.82% YoY), and the FY2026 full-year result was $3.9 billion, up 26.19% from the prior year.
  • Operating Expenses climbed to $1.1 billion in Q3 2026 per CRWD's latest filing, from $1.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.1 billion in Q3 2026 and bottomed at $341.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $718.3 million across 5 years, with a median of $689.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 59.78% in 2022, then gained 13.0% in 2026.
  • Over 5 years, 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 gained by 13.48% to $1.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $1.1 billion, and $979.9 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Palo Alto Networks 269.80 Bn 266.69 Bn 2.03 Bn 2.21 Bn
2 CrowdStrike Holdings 213.58 Bn 208.57 Bn 1.10 Bn 1.13 Bn
3 Fortinet 115.34 Bn 111.27 Bn 1.64 Bn 953.90 Mn
4 Axon Enterprise 40.83 Bn 40.15 Bn 546.45 Mn 499.67 Mn
5 Zscaler 26.15 Bn 22.68 Bn - -
6 F5 22.17 Bn 20.57 Bn 711.51 Mn 498.25 Mn
7 Rubrik 18.93 Bn 17.18 Bn 335.12 Mn 407.03 Mn
8 Gen Digital 17.81 Bn 17.25 Bn 1.03 Bn 586.00 Mn
9 Check Point Software Technologies 14.29 Bn 12.01 Bn 574.10 Mn 488.50 Mn
10 SentinelOne 6.68 Bn 6.02 Bn 210.42 Mn 301.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.13 Bn
Apr 30, 2026 1.07 Bn
Jan 31, 2026 979.89 Mn
Oct 31, 2025 995.88 Mn
Jul 31, 2025 965.86 Mn
Apr 30, 2025 934.27 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