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.

How CrowdStrike (CRWD) Makes Money: A Visual Guide

CrowdStrike (CRWD) generated $4.81B in revenue 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 — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending January 31, 2026 (reported March 5, 2026).

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.

Data & methodology

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 use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. 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.