CrowdStrike Holdings (CRWD) Research & Development (2018 - 2026)
CrowdStrike Holdings (CRWD) posted Research & Development of $444.2 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 29.7% from $342.53 million a year earlier and up 8.8% from the prior quarter.
CrowdStrike Holdings (CRWD) Research & Development (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Research & Development at CrowdStrike Holdings was $1.56 billion, up 23.2% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.38 billion, up 28.7% from FY2025.
- Annual Research & Development has increased for eight consecutive fiscal years, with a five-year compound annual growth rate of 45.2% (FY2021 to FY2026).
- In prior fiscal years, CrowdStrike Holdings' Research & Development was $1.08 billion in FY2025 (+37.8%), $780.32 million in FY2024 (+28.3%), $608.36 million in FY2023 (+63.9%) and $371.28 million in FY2022 (+73.0%).
- The fiscal Q2 2027 figure stands as the highest quarterly Research & Development in data going back to fiscal Q1 2019.
- On a year-over-year basis, Research & Development has increased in each of the last 30 quarters, with growth averaging 31.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Research & Development ranged from 13.6% (fiscal Q4 2026) to 82.7% (fiscal Q4 2023).
- According to Business Quant data, Research & Development for the three prior fiscal quarters was $408.33 million (Q1 2027), $356.41 million (Q4 2026) and $347.56 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 208.69 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 679.00 Mn |
| 10 | MongoDB | 26.96 Bn | 17.43 Bn | 569.77 Mn | 213.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 444.20 Mn |
| Apr 30, 2026 | 408.33 Mn |
| Jan 31, 2026 | 356.41 Mn |
| Oct 31, 2025 | 347.56 Mn |
| Jul 31, 2025 | 342.53 Mn |
| Apr 30, 2025 | 330.93 Mn |
| Jan 31, 2025 | 313.83 Mn |
| Oct 31, 2024 | 275.60 Mn |
| Jul 31, 2024 | 250.91 Mn |
| Apr 30, 2024 | 235.25 Mn |
| Jan 31, 2024 | 225.82 Mn |
| Oct 31, 2023 | 196.07 Mn |
| Jul 31, 2023 | 179.36 Mn |
| Apr 30, 2023 | 179.07 Mn |
| Jan 31, 2023 | 191.85 Mn |
| Oct 31, 2022 | 155.26 Mn |
| Jul 31, 2022 | 137.86 Mn |
| Apr 30, 2022 | 123.40 Mn |
| Jan 31, 2022 | 105.02 Mn |
| Oct 31, 2021 | 97.63 Mn |
CrowdStrike Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CRWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CRWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CRWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();