CrowdStrike Holdings CRWD
NASDAQ CRWD
$210.07 -3.03 (-1.42%)
As of: Sep 8, 2026 · 3:59 PM EDT

CrowdStrike Holdings (CRWD) Research & Development (2018 - 2026)

CrowdStrike Holdings' (CRWD) quarterly Research & Development came in at $510.0 million in Q3 2026, up 14.2% on a YoY basis from $446.6 million in Q3 2025, and up 4.36% quarter-over-quarter from $488.7 million in Q2 2026.

Analysis

CrowdStrike Holdings (CRWD) Research & Development (2018 - 2026) Analysis & Trends

CrowdStrike Holdings (CRWD) has reported Research & Development for 9 consecutive years, with $510.0 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Research & Development rose 14.2% year-over-year to $510.0 million; the trailing twelve-month figure through Jul 2026 stood at $1.9 billion (up 14.09% YoY), and the FY2026 full-year result was $1.8 billion, up 20.24% from the prior year.
  • Research & Development improved to $510.0 million in Q3 2026 per CRWD's latest filing, from $488.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $510.0 million in Q3 2026 and bottomed at $162.6 million in Q1 2022.
  • Historically, Research & Development has averaged $345.2 million across 5 years, with a median of $350.1 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Research & Development jumped 51.57% in 2023, then climbed 11.26% in 2026.
  • Over 5 years, Research & Development stood at $239.7 million in 2022, then advanced by 19.41% to $286.2 million in 2023, then jumped by 42.66% to $408.3 million in 2024, then advanced by 17.82% to $481.0 million in 2025, then gained by 6.02% to $510.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $510.0 million, $488.7 million, and $463.6 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn 1.16 Bn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 509.97 Mn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 669.10 Mn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn 208.69 Mn
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 238.03 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn 224.45 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 300.00 Mn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 239.00 Mn
10 SentinelOne 6.66 Bn 6.00 Bn 210.42 Mn 123.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 509.97 Mn
Apr 30, 2026 488.67 Mn
Jan 31, 2026 463.58 Mn
Oct 31, 2025 481.03 Mn
Jul 31, 2025 446.58 Mn
Apr 30, 2025 439.21 Mn
Jan 31, 2025 409.15 Mn
Oct 31, 2024 408.27 Mn
Jul 31, 2024 355.47 Mn
Apr 30, 2024 350.11 Mn
Jan 31, 2024 290.07 Mn
Oct 31, 2023 286.19 Mn
Jul 31, 2023 282.92 Mn
Apr 30, 2023 281.11 Mn
Jan 31, 2023 246.44 Mn
Oct 31, 2022 239.67 Mn
Jul 31, 2022 224.77 Mn
Apr 30, 2022 193.53 Mn
Jan 31, 2022 162.59 Mn
Oct 31, 2021 164.96 Mn