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$275.04
Market Capi
$270B
Growth-adj P/E (3-yr hist)i
n/a
Growth-adj P/E (3-yr proj)i
n/a
P/S 27Ei
45x
P/S 29Ei
30x
EV/EBIT 27Ei
176x
EV/EBIT 29Ei
101x
P/E 27Ei
2630x
P/E 29Ei
396x
P/S 27Ei
45x
EV/EBIT 27Ei
176x
P/E 27Ei
2630x
P/S 29Ei
30x
EV/EBIT 29Ei
101x
P/E 29Ei
396x
Revenue
2027E
$6.0B
Gross Margini
75%
Hist. CAGRi
29%
Proj. CAGRi
23%
EBIT
2027E
$1.5B
Op. Margini
-5.2%
Hist. CAGRi
—
Proj. CAGRi
—
Net profit
2027E
$136M
Net Margini
-3.4%
Hist. CAGRi
—
Proj. CAGRi
—
Business Model
Recent Developments
Average Targeti
$236.27-13%
Consensusi
Buy
52 analysts covering
Net cashi
$5.1B
Div. Yieldi
n/a
Dilutioni
2.3%
Market Capi
$270B
P/E 27Ei
2630x
Adj. P/E (fwd.)i
—
Revenue 27E
$6.0B
Proj. CAGRi
23%
Gross Margini
75%
EBIT 27E
$1.5B
Proj. CAGRi
—
Op. Margini
-5.2%
Net Profit 27E
$136M
Proj. CAGRi
—
Net Margini
-3.4%
Average Targeti
$236.27-13%
Consensusi
Buy
52 analysts covering
Profile
CrowdStrike is a cloud-native cybersecurity company built around the Falcon platform — a single agent that delivers endpoint protection, threat intelligence, identity security, cloud workload protection, and SIEM capabilities from one unified architecture. Revenue breaks down by type:
Industry
CrowdStrike sells primarily to enterprise and mid-market organizations across financial services, healthcare, government, and technology. The US accounts for roughly 68% of revenue, with EMEA at ~16% and Asia-Pacific at ~10%. The market is large, durable, and increasingly non-discretionary — security spend is among the last IT budgets cut. Competitive intensity is high, with Microsoft, Palo Alto Networks, and SentinelOne as the primary rivals, but consolidation dynamics favor platforms over point products, which benefits CrowdStrike's breadth.
Key metrics
Economic moat
CrowdStrike's durable advantage rests on high switching costs embedded in the Falcon agent — replacing it requires ripping out the security stack across every endpoint, a process measured in months and meaningful operational risk. The platform's AI-driven threat graph improves with scale: more endpoints generate more threat telemetry, which sharpens detection accuracy and widens the performance gap over smaller rivals. The Gartner Magic Quadrant Leader recognition (2026) reinforces CrowdStrike's position in enterprise procurement shortlists, compounding the incumbent advantage.
George Kurtz
Kurtz co-founded CrowdStrike in 2011 after serving as CTO of McAfee, where he led the security products division and authored the widely read book *Hacking Exposed*. His technical credibility in threat intelligence and endpoint security gave CrowdStrike early legitimacy with enterprise security teams. He has remained CEO since founding, maintaining tight strategic control over the platform roadmap and go-to-market direction.
Burt Podbere
Podbere has served as CFO since August 2015, overseeing CrowdStrike through its IPO in 2019 and the company's scaling from under $200M to over $4.8B in annual revenue. His tenure spans the full growth arc of the business, providing continuity in capital allocation and investor relations through both the hyper-growth phase and the post-2024 outage recovery.
Michael Sentonas
Sentonas was elevated to President in February 2023 after years as Chief Technology Officer, making him the day-to-day operational counterpart to Kurtz. His background is in threat intelligence and detection engineering, giving the senior leadership team a notably technical orientation compared to peers where sales-first executives dominate the C-suite.
Other key figures
Elia Zaitsev, CrowdStrike's Chief Technology Officer, departed the company on August 20, 2026 after roughly 13 years to launch an independent venture fund; the exit was described as a mutually agreed transition. Karan Gupta and Justin Acquaro, previously described in overlapping technical roles, now hold distinct titles — Gupta leads engineering and Acquaro serves as Chief Information Officer. Gerhard Watzinger has served as non-executive Chairman since March 2012, providing board continuity since before the IPO.
P/S Ratioi
EV/EBITi
P/E RatioiP/E values for 2022, 2023, 2024, 2025, 2026, 2027E, 2028E, and 2029E were omitted from this chart because negative or above 150x values usually occur around break-even earnings and would distort the scale. The raw values remain in the table below.
Revenue
CAGR (hist. 3-yr)i
0%
CAGR (proj. 3-yr)i
0%
EBITEBIT year-over-year growth labels for 2023, 2024, 2025, 2026, and 2027E are hidden because the prior comparison year is missing, zero, or negative. Growth rates from missing or non-positive bases are not meaningful.
CAGR (hist. 3-yr)i
n/a
CAGR (proj. 3-yr)i
n/a
Net profitNet profit year-over-year growth labels for 2023, 2024, 2026, and 2027E are hidden because the prior comparison year is missing, zero, or negative. Growth rates from missing or non-positive bases are not meaningful.
CAGR (hist. 3-yr)i
n/a
CAGR (proj. 3-yr)i
n/a
Values in billions of USD.
Operating cashflow · Levered Free Cash Flow
Free Cash Flow
CAPEX
Values in billions of USD.
Margins
Rentability
Balance sheet
Values in billions of USD.
Liquidity ratios
Debt-to-Equity-Ratio
Last earnings
CrowdStrike's fiscal 2027 second quarter (ended July 31, 2026) delivered $1.47 billion in revenue, up 26% year over year, with subscription revenue growing 27% to $1.40 billion.
Non-GAAP EPS came in at $0.31, up from $0.23 a year earlier and ahead of analyst expectations.
Ending ARR rose 25% YoY to $5.84 billion, and net new ARR hit a company record of $332.8 million, up 51% YoY — the standout metric of the quarter.
Falcon Flex, the company's consolidated subscription model, reached $2.29 billion in ARR, up 101% YoY, and management raised full-year net new ARR growth guidance by 630 basis points to roughly 34%.
Recent developments
CrowdStrike's chief technology officer, Elia Zaitsev, departed the company effective August 20, 2026 after 13 years to launch an independent venture fund; the company characterized it as a mutually agreed transition.
CrowdStrike appointed AJ Shipley as Chief Product Officer on July 15, 2026.
In early September 2026 the company expanded its AI-security push, bringing the Falcon platform to the Anthropic Claude Marketplace, extending its integration with Google Cloud's enterprise AI ecosystem, and launching joint frontier-model security work with NVIDIA.
CrowdStrike also broadened its existing OpenAI partnership and disclosed that cumulative contract value with channel partner Optiv had surpassed $2 billion, both announced September 1–2, 2026.
Debate & sentiment
Bulls point to accelerating Falcon Flex adoption and the raised full-year guidance as evidence that platform consolidation is compounding CrowdStrike's competitive position against point-product rivals.
Skeptics flag the CTO departure as a governance question at a moment when AI-native security capability is central to the investment case.
Valuation is a recurring point of debate: CrowdStrike trades at stretched multiples relative to the broader security-software group, leaving less room for error if growth decelerates.
Competitive pressure from Microsoft's bundled endpoint offerings and rivals such as Palo Alto Networks and SentinelOne continues to be watched as a risk to pricing power, even as CrowdStrike's module attach rates keep climbing.
Consensusi
Buy
Average targeti
$236.27-13%
Highest targeti
$300.00+11%
Lowest targeti
$132.00-51%
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