CrowdStrike Holdings (CRWD) Operating Margin (2018 - 2026)
CrowdStrike Holdings (CRWD) posted Operating Margin of 1.06% for Q1 2026, up 118.77% on a QoQ basis from 5.63% in Q4 2025, and up 873.0% year-over-year from 0.11% in Q1 2025.
CrowdStrike Holdings (CRWD) Operating Margin (2018 - 2026) Analysis & Trends
CrowdStrike Holdings' Operating Margin history runs 9 years deep, the most recent figure standing at 1.06% for Q1 2026.
- Quarterly Operating Margin rose 873.0% year-over-year to 1.06% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 6.1% (down 315.0% YoY) and the FY2026 annual result came in at 6.1%, down 315.0% from the prior year.
- Operating Margin was 1.06% for Q1 2026 at CrowdStrike Holdings, up from 5.63% in the prior quarter.
- Across five years, Operating Margin topped out at 1.48% in Q1 2024 and bottomed at 11.3% in Q2 2025.
- A 5-year average of 4.61% and a median of 5.46% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin surged 1113 bps — and 2025, when it sank 1205 bps.
- CrowdStrike Holdings' Operating Margin stood at 9.71% in 2022, then jumped by 104 bps to 0.4% in 2023, then slumped by 1471 bps to 5.52% in 2024, then decreased by 2 bps to 5.63% in 2025, then jumped by 119 bps to 1.06% in 2026.
- Business Quant data shows CRWD's Operating Margin at 1.06% in Q1 2026, 5.63% in Q4 2025, and 9.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 46.33% |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 31.97% |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -9.69% |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 8.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.06% |
| Oct 31, 2025 | -5.63% |
| Jul 31, 2025 | -9.66% |
| Apr 30, 2025 | -11.30% |
| Jan 31, 2025 | -7.68% |
| Oct 31, 2024 | -5.52% |
| Jul 31, 2024 | 1.42% |
| Apr 30, 2024 | 0.75% |
| Jan 31, 2024 | 1.48% |
| Oct 31, 2023 | 0.40% |
| Jul 31, 2023 | -2.10% |
| Apr 30, 2023 | -2.81% |
| Jan 31, 2023 | -9.65% |
| Oct 31, 2022 | -9.71% |
| Jul 31, 2022 | -9.03% |
| Apr 30, 2022 | -4.90% |
| Jan 31, 2022 | -5.46% |
| Oct 31, 2021 | -10.59% |
| Jul 31, 2021 | -14.04% |
| Apr 30, 2021 | -10.35% |