CrowdStrike (CRWD) stock
Information Technology · Systems Software
CrowdStrike (CRWD) is a Systems Software company in the Information Technology sector, headquartered in Austin, Texas. As of October 23, 2026, CRWD closed at $257.57, a market capitalization of $263.73 billion, the 42nd largest company in the S&P 500. Over the last twelve months it generated $5.40 billion in revenue (+26% year over year) and $1.52 billion in free cash flow. The stock trades at 4292.8x trailing earnings and 159.9x forward earnings.
- 1-year total return: +97.4% (dividends reinvested)
- 5-year return: +29.5% a year
- 52-week range: $85.68 – $286.99
- Gross margin 75.2%, operating margin -2.3%
- FI Handbook report card: C- across 10 metrics
- 15th largest of 75 Information Technology stocks in the S&P 500
CRWD price chart
1Y price change: +97.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| CRWD | -1.9% | +119.8% | +97.4% | +79.2% | +29.5% | — | +47.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2019.
CRWD key statistics
- Market cap
- $263.7B
- #42 in S&P 500
- P/E (TTM)
- 4292.8x
- Forward P/E
- 159.9x
- EPS (TTM)
- $0.06
- Revenue (TTM)
- $5.4B
- +26%
- Free cash flow
- $1.5B
- Gross margin
- 75.2%
- Operating margin
- -2.3%
- Return on equity
- 1.5%
- Dividend yield
- None
- 52-week range
- $85.68 – $286.99
- Beta
- 1.20
- Price / sales
- 48.9x
- EV / EBITDA
- 2429.1x
- Debt / equity
- 0.16x
- Employees
- 11,706
CRWD report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth25.8%A
- Gross margin75.2%A
- Operating margin-2.3%F
- FCF margin28.2%A
- Return on equity1.5%F
- Net debt / EBITDA-39.2xA
- Forward P/E159.9xF
- PEG ratio7.5xF
- Shareholder yield0.0%F
- Share count change / yr2.8%F
CrowdStrike financials
Revenue went from $118.8M in fiscal 2018 to $4.8B in fiscal 2026, growing 58.8% a year.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $118.8M | $249.8M | $481.4M | $874.4M | $1.5B | $2.2B | $3.1B | $4.0B | $4.8B |
| Gross profit | $64.3M | $162.6M | $339.8M | $644.9M | $1.1B | $1.6B | $2.3B | $3.0B | $3.6B |
| Operating income | -$131.4M | -$136.9M | -$146.1M | -$92.5M | -$142.5M | -$190.1M | -$19.1M | -$116.4M | -$293.3M |
| Net income | -$135.5M | -$140.1M | -$141.8M | -$92.6M | -$234.8M | -$183.2M | $72.2M | -$15.2M | -$162.5M |
| EPS (diluted) | — | — | $-0.24 | $-0.11 | $-0.26 | $-0.20 | $0.07 | $-0.01 | $-0.16 |
| Free cash flow | -$81.7M | -$58.8M | $19.7M | $303.8M | $462.6M | $706.0M | $989.7M | $1.1B | $1.3B |
| Buybacks | $0 | $2.3M | $0 | $0 | — | — | — | — | — |
| Diluted shares | — | — | 592.2M | 871.0M | 908.6M | 932.6M | 974.5M | 979.0M | 1.0B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into CRWD?
A reverse DCF asks what growth the current price requires. With an enterprise value of $259.5B and $1.5B of trailing free cash flow, CrowdStrike needs to grow free cash flow about 70.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 34.0% a year over the last five years.
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
CRWD analyst price targets
50 analysts' average 12-month target is $247.25 (-4% vs. $257.57). Targets range from $132.00 to $325.00.
CRWD earnings
Next report: December 1, 2026. CrowdStrike has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $1.5B (+26% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 26, 2026 | $0.29 | $0.31 | +6.4% |
| Jun 3, 2026 | $0.27 | $0.28 | +3.0% |
| Mar 3, 2026 | $0.28 | $0.28 | +1.6% |
| Dec 2, 2025 | $0.24 | $0.24 | +2.0% |
| Aug 27, 2025 | $0.21 | $0.23 | +12.1% |
| Jun 3, 2025 | $0.16 | $0.18 | +10.6% |
| Mar 4, 2025 | $0.21 | $0.26 | +19.9% |
| Nov 26, 2024 | $0.20 | $0.23 | +14.9% |
Stocks like CRWD
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CRWD news
- CrowdStrike’s CEO Says a Wave of Cyber Attacks Are Coming · Oct 24, 2026
- Qualys, Tenable, Cloudflare, CrowdStrike, and Okta shares skyrocket, what you need to know · Oct 24, 2026
- Palo Alto and Crowdstrike Jumped 6%, and Okta Up 5% as Evercore Survey Flags Stronger Cyber Demand · Oct 23, 2026
- SailPoint Soars 11%, Palo Alto Up 6%, CrowdStrike Up 6% as Cybersecurity Stocks Rally · Oct 23, 2026
- What Is CrowdStrike (CRWD) Asking With A Reported $500 Million Security Deal? · Oct 23, 2026
CRWD stock FAQ
What is CRWD's market cap?
CrowdStrike's market capitalization is $263.73 billion as of October 23, 2026, ranking 42nd in the S&P 500.
What is CRWD's P/E ratio?
CRWD trades at a trailing price-to-earnings ratio of 4292.8x and a forward P/E of 159.9x. Its median P/E over the period we track is 1093.1x.
Does CRWD pay a dividend?
No. CrowdStrike does not currently pay a regular cash dividend.
How much has CRWD stock returned?
Including reinvested dividends, CRWD returned +97.4% over one year, +29.5% a year over five years through October 23, 2026.
Is CRWD stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies CrowdStrike must grow free cash flow about 71% a year for the next decade. Its free cash flow grew 34% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the CRWD price target?
50 analysts cover CRWD with an average 12-month price target of $247.25, -4% from the current price.
When does CRWD report earnings?
CrowdStrike is expected to report earnings on December 1, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does CrowdStrike have?
CrowdStrike has about 11,706 full-time employees, or $460,973 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology