CrowdStrike (CRWD): analysis in plain words
Is CrowdStrike cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
CrowdStrike (CRWD) is listed on the Nasdaq and we classify it in software and cloud. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against CrowdStrike according to those figures, and the questions people ask most about the stock. No buy or sell tips.
CrowdStrike (CRWD) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $241.00 | Last price on November 4, 2026 |
| P/E ratio (TTM) | N/A | Price over earnings per share |
| Revenue growth | +25.8% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 0.8% | Profit for every 100 of sales |
| Net debt / EBITDA | Net cash (more cash than debt) | Years of operating profit to repay debt |
| Dividend yield | 0.00% | Annual dividend over price |
| Market cap | $246.8 billion | What the stock market values it at |
The CrowdStrike figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any CRWD figure that is not available shows as N/A: we do not estimate it.
How CrowdStrike makes money
CrowdStrike sells subscriptions to Falcon, a cloud platform that protects laptops, servers, user identities and cloud workloads from cyberattacks. Subscriptions make up the bulk of revenue, with the rest coming from professional services such as incident response. Customers are businesses and government agencies, led by the United States.
Over the last 12 months, CrowdStrike brought in revenue of $5.4 billion. For every 100 it sells, CrowdStrike keeps 75.2 after the direct cost of what it sells (gross margin) and -2.3 after all operating costs (operating margin). With 11,706 full-time employees, that is about $461,000 of revenue per employee.
CrowdStrike against its sector
To know whether a CrowdStrike figure is high or low you have to put it next to similar companies. This table compares CrowdStrike with the median of the 19 software and cloud companies Fintols covers, with data as of November 4, 2026.
| Figure | CrowdStrike | software and cloud median |
|---|---|---|
| Revenue growth | +25.8% | +20.5% (25) |
| Net margin | 0.8% | 16.0% (25) |
| Dividend yield | 0.00% | 0.00% (25) |
| Net debt / EBITDA | -39.2x | 0.1x (23) |
In short, against the typical software and cloud company, CrowdStrike grows faster, earns a thinner margin and carries less debt. By size, CrowdStrike ranks number 5 of 22 software and cloud companies quoted in USD on Fintols.
The bull case for CrowdStrike
What works in favour of CrowdStrike, according to its figures as of November 4, 2026:
- CrowdStrike grew sales +25.8% in its latest quarter against the same quarter a year earlier, while the median software and cloud company Fintols tracks grew +20.5%.
- CrowdStrike holds more cash than debt (net cash), so it does not depend on lenders to keep investing and is better placed to ride out a bad year.
The main risk for CrowdStrike
CrowdStrike runs on a thin net margin (0.8%, against a software and cloud median of 16.0%): a rise in costs can easily wipe out profit.
And, like the rest of software and cloud, CrowdStrike is exposed to a competitor or AI making what it sells cheaper and forcing price cuts.
Frequently asked questions about CrowdStrike
Is it a good time to buy CrowdStrike stock?
Fintols does not tell you whether to buy or sell CrowdStrike, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, CrowdStrike stock trades at $241.00, 16% below its 52-week high ($286.99) and 181% above its low ($85.68). With CrowdStrike, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does CrowdStrike pay a dividend?
No. As of November 4, 2026, CrowdStrike does not pay a dividend: what it earns stays in the company to grow, invest or, where it does so, buy back shares. Anyone buying CrowdStrike today is counting on the share price rising, not on income.
Is CrowdStrike stock expensive?
CrowdStrike has no meaningful P/E as of November 4, 2026 because its last 12 months of earnings are negative or close to zero, so that yardstick cannot tell you whether it is expensive. Including its debt, CrowdStrike is valued at 2,305.6x its EBITDA (EV/EBITDA). A high P/E alone does not make CrowdStrike expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are CrowdStrike's competitors?
On Fintols we compare CrowdStrike with Palantir, Palo Alto Networks and Fortinet, which are also in software and cloud. As of November 4, 2026, Palantir is worth $413.7 billion and trades on a P/E of 120.9; Palo Alto Networks is worth $284.9 billion; Fortinet is worth $95.1 billion and trades on a P/E of 42.3. Each has a side-by-side comparison with CrowdStrike below.
CrowdStrike competitors
- Palantir (PLTR) analysis · CrowdStrike vs Palantir comparison
- Palo Alto Networks (PANW) analysis · CrowdStrike vs Palo Alto Networks comparison
- Fortinet (FTNT) analysis · CrowdStrike vs Fortinet comparison
To understand CrowdStrike better
- Economic Moats Explained: From Warren Buffett to AI
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like CrowdStrike: software and cloud stocks and S&P 500 companies. Open the full CRWD analysis with its valuation and scenarios. Educational content about CrowdStrike, not investment advice.