How CrowdStrike (CRWD) Makes Money: A Visual Guide

CrowdStrike (CRWD) generated $4.81B in revenue (TTM through Q1 2026) but reported a net loss of $183.19M. Its largest revenue source is Subscription And Circulation (48.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

CrowdStrike (CRWD) Income Statement Flow

Frequently asked questions

How does CrowdStrike (CRWD) make money?

CrowdStrike (CRWD) primarily makes money through Subscription And Circulation, which accounts for 48.7% of total revenue. For TTM through Q1 2026, CrowdStrike generated $4.81B in total revenue with a net profit margin of -3.8%.

What is CrowdStrike (CRWD) gross profit margin?

CrowdStrike (CRWD) reported a gross profit margin of 74.9% for TTM through Q1 2026, equivalent to $3.60B in gross profit. This means CrowdStrike retains 74.9% of each revenue unit after direct costs of production.

What is CrowdStrike (CRWD) operating profit margin?

CrowdStrike (CRWD) reported an operating profit margin of -5.4% for TTM through Q1 2026, equivalent to −$259.40M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is CrowdStrike (CRWD) net profit margin?

CrowdStrike (CRWD) reported a net profit margin of -3.8% for TTM through Q1 2026, equivalent to −$183.19M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does CrowdStrike (CRWD) invest in R&D?

CrowdStrike (CRWD) invested $1.39B in research and development in TTM through Q1 2026 (28.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does CrowdStrike (CRWD) spend on capital expenditures?

CrowdStrike (CRWD) spent $372.60M on capital expenditures in TTM through Q1 2026 (7.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is CrowdStrike (CRWD) free cash flow?

CrowdStrike (CRWD) generated $1.24B in free cash flow for TTM through Q1 2026 (25.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q1 2026.