CrowdStrike profit margin CRWD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- 0.8%
- Net margin on a year earlier
- +7.4 pts
- Peer median
- 10.5%
Over the twelve months to Jul 31, 2026, CrowdStrike kept 0.8% of its revenue as net profit and a gross margin of 75.2%.
Five years earlier its net margin was −16.3%.
The median for 10 infrastructure software stocks of a similar size is 10.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −3.4% | n/a | 74.7% |
| FY2025 | −0.5% | −3.0% | 74.9% |
| FY2024 | 2.9% | −0.1% | 75.3% |
| FY2023 | −8.2% | −8.5% | 73.2% |
| FY2022 | −16.2% | −9.8% | 73.6% |
| FY2021 | −10.6% | −10.6% | 73.7% |
| FY2020 | −29.5% | −30.3% | 70.6% |
| FY2019 | −56.1% | −54.8% | 65.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 0.8% | +7.4 pts | n/a | |
| Q1 FY27 | −0.6% | +3.4 pts | n/a | |
| Q4 FY26 | −3.4% | −2.9 pts | n/a | |
| Q3 FY26 | −6.4% | −9.8 pts | −8.3% | |
| Q2 FY26 | −6.5% | −11.4 pts | −8.4% | |
| Q1 FY26 | −4.0% | −8.0 pts | −5.9% | |
| Q4 FY25 | −0.5% | −3.4 pts | −3.0% | |
| Q3 FY25 | 3.4% | +3.8 pts | −0.1% | |
| Q2 FY25 | 4.8% | +8.4 pts | 1.5% | |
| Q1 FY25 | 4.0% | +10.2 pts | 0.7% | |
| Q4 FY24 | 2.9% | +11.1 pts | −0.1% | |
| Q3 FY24 | −0.4% | +8.3 pts | −3.3% |
Against its peers
Companies in Software - Infrastructure nearest CrowdStrike's size, closest first, today.
| Company | Profit margin |
|---|---|
| CRWDCrowdStrike | 0.8% |
| PANWPalo Alto Networks | 2.7% |
| ORCLOracle | 26.4% |
| PLTRPalantir Technologies | 49.0% |
| FTNTFortinet | 28.2% |
| NETCloudflare | −8.2% |
| SNPSSynopsys | 11.4% |
| XYZBlock | 1.4% |
| ZSZscaler | −1.9% |
| TWLOTwilio | 20.6% |
| OKTAOkta | 9.6% |
| Peer median | 10.5% |
Where CrowdStrike ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on CrowdStrike
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.