CrowdStrike Holdings, Inc. (CRWD) Stock

CrowdStrike Holdings, Inc. (CRWD) is a Technology stock trading at $203.11 (as of 2026-07-17), with a market capitalization of $206.82B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is based in Austin, Texas.

Understand CrowdStrike Holdings, Inc.: how it makes money

CrowdStrike sells cloud-delivered cybersecurity protection (endpoint and cloud workload security, identity and data protection) via its Falcon platform, mainly through subscription offerings sold through direct sales and channel partners.

The company’s profit engine is subscription revenue, which is the vast majority of total revenue, while professional services is comparatively small.

Revenue by segment (latest quarter)
Subscription$1.3B
ProfServices$0.1B

Business quality (Mixed): Subscription-led revenue mix supports recurring monetization, but the company reported a negative operating margin (operating_margin_pct of -2.2).

Bull case

  • Subscription-first business: CrowdStrike Subscription Revenue is the largest portion of revenue (1.32B), indicating the core offering is sold as subscriptions to the Falcon platform and related cloud modules.
  • Broad cloud security scope: The company provides cloud-delivered protection across endpoints and cloud workloads, identity, and data, plus threat intelligence and managed security services.

Bear case

  • Currently loss-making at the operating level: Operating margin is negative (operating_margin_pct of -2.2), so operating costs are currently exceeding operating revenue.
  • Smaller contribution from services: Professional services revenue is much smaller than subscription revenue (0.06B versus 1.32B), which limits how much the mix can offset subscription weakness.
Valuation — source: SEC EDGAR (first-party)
Price$203.11
Market Cap$206.82B
Price / Book44.24
Price / Sales42.27
FCF Yield1.1%
DCF Value (model)$118.09
DCF Upside vs Price-41.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$4.81B
Net Margin-3.4%
Revenue Growth (YoY)25.6%
EPS Growth (YoY)-125.0%
FCF Growth (YoY)65.3%
Financial Health — source: SEC EDGAR
Altman Z-Score5.15 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)34.7
Industry P/E (Business Services)30.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($11.35B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryBusiness Services
CEOGeorge R. Kurtz
Employees10,118
CountryUS
IPO Date2019-06-12

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

  • Oracle Corporation (ORCL)
  • Palantir Technologies Inc. (PLTR)
  • Salesforce, Inc. (CRM)
  • ServiceNow, Inc. (NOW)
  • Cloudflare, Inc. (NET)
  • Adobe Inc. (ADBE)
  • Datadog, Inc. (DDOG)
  • Snowflake Inc. (SNOW)
CRWD earnings history · CRWD institutional & insider holders · CRWD KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.