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
DateValue
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