|CRWD Overview
CRWD

CrowdStrike Holdings, Inc.

Technology • CIK: 0001535527

Loading...

Market Cap
$135.29B
P/E (TTM)
-427.6x
Rev Growth (TTM)
+22.0%
Net Margin (TTM)
-6.9%
FCF Yield (TTM)
0.9%
FCF Margin (TTM)
25.7%

LATEST EARNINGS

Q3 FY2026
3 months ago
View source
Revenue
$1.23B
+22.2%
Net Income
$-34.00M
-102.1%
EPS
$-0.14
-100.0%
Gross
75.0% 0.0%
Operating
-5.6% -0.1%
Net
-2.8% -1.1%
  • Record Q3 net new ARR of $265 million, accelerating to 73% year-over-year growth.
  • Ending ARR reached $4.92 billion, up 23% year-over-year, accelerating from prior periods.
  • Record cash flow from operations of $398 million and record Q3 free cash flow of $296 million.
  • Total revenue grew 22% year-over-year to $1.23 billion, accelerating from prior quarters.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$1.2B
Q4 '25
$314M+4%
Q3 '25
$302M+1%
FCF Margin
TTM25.7%
Q4 '2525.5%-2%
Sector: 14.5%Top 25%
OCF Margin32.0%
OCF/NI-4.65x
CapEx Coverage5.1x
FCF Yield0.9%
FCF Growth (2Y)+24%
Cash Conversion Cycle
46 days
DSO: 75+DIO: 0DPO: 29

Capital Allocation & Returns

Total Shareholder Yield
TTM0.0%
Div Yield0.0%

Insufficient data

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$1.2B
Capital Return / FCF0.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
-11.2%
Moderate
-97.5% YoY-14.9%
P25MedianP75
25th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
-11.7%
8Q: -8.5%
Asset Turnover
0.51x
8Q: 0.53x
Leverage (1+D/E)
1.19x
D/E: 0.19x
DuPont: -7.1%-11.2% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
5.50x
8Q:5.57x
-40.7%
Invested Cap Turn
0.96x
8Q:0.98x
-8.8%
CapEx Intensity
6.0%
8Q:6.4%
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$4.6B
$1.2B5.6%
$1.2B5.9%
$1.1B4.2%
$1.1B4.8%
$1.0B4.8%
$963.9M4.7%
$921.0M9.0%
$845.3M
Operating Income
$-392.4M
$-69.4M38.5%
$-113.0M9.4%
$-124.7M46.1%
$-85.3M53.1%
$-55.7M508.0%
$13.7M96.9%
$6.9M76.6%
$29.7M
Net Income
$-314.2M
$-34.0M56.2%
$-77.7M29.5%
$-110.2M19.4%
$-92.3M448.6%
$-16.8M135.8%
$47.0M9.8%
$42.8M20.3%
$53.7M
Operating Cash Flow
$1.5B
$397.5M19.4%
$332.8M13.3%
$384.1M11.1%
$345.7M6.0%
$326.1M0.2%
$326.6M14.8%
$383.2M10.4%
$347.0M
Free Cash Flow
$1.2B
$314.1M3.9%
$302.3M1.3%
$298.4M15.4%
$258.5M4.5%
$247.4M13.9%
$287.4M13.8%
$333.5M13.3%
$294.4M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
-427.6x
Volatile
8Q: -1011.1x-460903%
Valuation Lenses
Earnings
-427.6x
vs sector
Cash Flow
86.7x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
P/E per %ROIC
ROIC: -11.2%
Shareholder Returns
Dividend
Buyback
Total Yield
Market Cap$135.29B
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
-1/100
Below Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 10%
-9.0%
8Q:
Return on Invested Capital (ROIC)Below Avg
-11.2%
8Q:
-14.9%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: -11.7%
Asset Turnover: 0.51x

Earnings Quality

Cash Conversion

-4.65x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin74.1%

Capital Efficiency

Invested Capital Turnover0.96x

Working Capital

Cash Conversion Cycle46 days

Growth Quality & Momentum

Quality Growth
Growth Quality Score
80/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
22.0%
OpInc Growth YoY
-24.6%
EPS Growth YoY
N/A
FCF 3Y CAGR
23.6%

Growth Quality Analysis

Sustainability Index: 8.5/10 - Highly sustainable growth

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
74.1%
Operating
-8.6%
Below Avg in sector
Net
-6.9%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+32.6 pts
FCF: 25.7% | Net: -6.9%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $4.14B
Interest Coverage
+Net cash position: $4.14B
Leverage Metrics
Debt-to-Equity
0.19x
Balance sheet risk & solvency analysis