CrowdStrike Holdings, Inc. (CRWD) Revenue History
Annual and quarterly revenue from 2017 to present
CRWD Revenue Over Time (2017–2026)
CRWD Revenue Growth History
9 of 9 years with positive growth- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +125.1%
- FY2019 revenue growth
- +110.4%
- FY2020 revenue growth
- +92.7%
- FY2021 revenue growth
- +81.6%
- FY2022 revenue growth
- +66.0%
- FY2023 revenue growth
- +54.4%
- FY2024 revenue growth
- +36.3%
- FY2025 revenue growth
- +29.4%
- FY2026 revenue growth
- +21.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2027 | $1.47B | +25.8% |
| Q1 2027 | $1.39B | +25.6% |
| Q4 2026 | $1.31B | +23.3% |
| Q3 2026 | $1.23B | +22.2% |
| Q2 2026 | $1.17B | +21.3% |
| Q1 2026 | $1.10B | +19.8% |
| Q4 2025 | $1.06B | +25.2% |
| Q3 2025 | $1.01B | +28.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2026)
CRWD's revenue distribution by segment and geography for fiscal year 2026
By Product/Segment
By Geography
CRWD Revenue Analysis (2017–2026)
Current Revenue & Growth
As of September 23, 2026, CrowdStrike Holdings, Inc. (CRWD) generated trailing twelve-month (TTM) revenue of $5.40 billion, reflecting exceptional growth of +25.8% year-over-year. The most recent quarter (Q2 2027) recorded $1.47 billion in revenue, up 6.2% sequentially.
Historical Growth Trajectory
CRWD's 5-year compound annual growth rate (CAGR) stands at +40.6%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +29.0% is below the 5-year average, signalling a growth deceleration in recent years. CrowdStrike Holdings, Inc.'s highest annual revenue of $4.81 billion was recorded in 2026, an all-time high.
Revenue by Segment
CRWD's revenue is primarily driven by Subscription And Circulation (95%), and Professional Services (5%). With over half of revenue concentrated in Subscription And Circulation, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including S (+21.1% YoY), PANW (+24.5% YoY), and FTNT (+18.8% YoY) — CRWD has outperformed the peer group in revenue growth. Compare CRWD vs S →
CRWD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRWDCurrent | $5.4B | +25.8% | +40.6% | -6.1% | |
 S | $1.0B | +21.1% | +60.8% | -30.9% | |
 PANW | $9.2B | +24.5% | +22.0% | 13.5% | |
 FTNT | $6.8B | +18.8% | +21.3% | 30.6% | |
 CHKP | $2.7B | +4.6% | +5.7% | 30.5% | |
 BB | $558M | +8.6% | -9.0% | 12.0% |
CRWD Historical Revenue Data (2017–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $4.81B | +21.7% | $3.59B | 74.7% | $-293,292,000 | -6.1% |
| 2025 | $3.95B | +29.4% | $2.96B | 74.9% | $-120,430,000 | -3.0% |
| 2024 | $3.06B | +36.3% | $2.30B | 75.3% | $-1,995,000 | -0.1% |
| 2023 | $2.24B | +54.4% | $1.64B | 73.2% | $-190,112,000 | -8.5% |
| 2022 | $1.45B | +66.0% | $1.07B | 73.6% | $-142,548,000 | -9.8% |
| 2021 | $874.4M | +81.6% | $644.9M | 73.7% | $-92,529,000 | -10.6% |
| 2020 | $481.4M | +92.7% | $339.8M | 70.6% | $-146,065,000 | -30.3% |
| 2019 | $249.8M | +110.4% | $162.6M | 65.1% | $-136,864,000 | -54.8% |
| 2018 | $118.8M | +125.1% | $64.3M | 54.1% | $-131,440,000 | -110.7% |
| 2017 | $52.7M | - | $18.7M | 35.5% | $-90,556,000 | -171.7% |
CRWD Chart Terminal
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CRWD Stock Analysis
Bull/bear thesis, analyst target revisions, and earnings execution.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CRWD — Frequently Asked Questions
Quick answers to the most common questions about buying CRWD stock.
Is CRWD's revenue growth accelerating or slowing?
CRWD revenue growth is accelerating. TTM revenue reached $5.4B, up +25.8% year-over-year — ahead of the 5-year CAGR of +40.6%. This indicates the business is expanding faster than its historical baseline.
What is CRWD's revenue history from 2017 to 2026?
CrowdStrike Holdings, Inc. (CRWD) revenue history spans 2017 to 2026. TTM revenue as of 2026 is $5.4B, growing at +25.8% YoY. The 5-year CAGR is +40.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CRWD's long-term revenue growth rate (CAGR)?
CrowdStrike Holdings, Inc.'s 5-year revenue CAGR of +40.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +25.8% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CRWD.
Why does CRWD's quarterly revenue fluctuate?
CRWD quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. CrowdStrike Holdings, Inc.'s revenue data from 2017 to 2026 shows full historical quarterly detail on this page.
How is CRWD's revenue distributed by segment?
CRWD reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CRWD's revenue compare to industry peers?
CrowdStrike Holdings, Inc. (CRWD) with TTM revenue of $5.4B and +25.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.