CRWD vs NOW

CrowdStrike (CRWD) and ServiceNow (NOW) compared side by side. CrowdStrike (CRWD) is larger, with a market cap of $263.7B versus $164.3B for ServiceNow, about 1.6 times the size. On trailing earnings, NOW is cheaper at 99.4x versus 4292.8x for CRWD.

Head to head

MetricCRWDNOW
Market cap$263.7B$164.3B
P/E (TTM)4292.8x99.4x
Forward P/E159.9x31.8x
Revenue (TTM)$5.4B$14.7B
Revenue growth25.8%24.0%
Gross margin75.2%74.8%
Operating margin-2.3%4.1%
Free cash flow$1.5B$4.6B
Dividend yieldNoneNone
1-year return+97.4%-15.4%
5-year return (annual)+29.5%+3.0%
Max drawdown-68%-65%
FI Handbook gradeC-C+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$20.0K
$40.0K
20222023202420252026
CRWDNOW

CRWD vs NOW FAQ

Which is bigger, CRWD or NOW?

CrowdStrike (CRWD) is larger, with a market cap of $263.7B versus $164.3B for ServiceNow, about 1.6 times the size.

Is CRWD or NOW cheaper?

On trailing earnings, NOW is cheaper at 99.4x versus 4292.8x for CRWD. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, CRWD or NOW?

CRWD returned +97.4% over the past year including dividends, versus -15.4% for NOW, through October 23, 2026.

Full pages: CrowdStrike · ServiceNow