CrowdStrike Holdings, Inc.

CRWDUS

CrowdStrike Holdings, Inc. delivers cloud-native cybersecurity solutions. Its comprehensive suite safeguards endpoints, cloud workloads, user identities, and critical data. The company's offerings span a wide range, including threat intelligence, managed security services, IT operations management, proactive threat hunting, Zero Trust identity protection, and log management capabilities. CrowdStrike primarily generates revenue through subscription sales of its flagship Falcon platform and its array of cloud modules. These offerings are distributed globally via a direct sales force, augmented by an extensive network of channel partners. Established in 2011, the company is headquartered in Austin, Texas.

Founded2011IPO year2019As of2026-08-04
Market Cap
$213.08B
Enterprise Value
$209.35B
EV / LTM Revenue
43.5x
EV / NTM Revenue
31.7x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
31.7x
Gross Profit
42.2x
EBITDA
203.3x
Classification
Sector
Cybersecurity
Sub-sector
Security (General)
Listing
CRWD
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY54%36%29%22%22%22%
Revenue$1.45B$2.24B$3.06B$3.95B$4.81B$5.85B$7.13B
Gross Profit$1.07B$1.64B$2.30B$2.96B$3.59B
Gross Profit Margin73.6%73.2%75.3%74.9%74.7%
EBITDA($66M)($38M)$294M$295M$182M$912M$1.11B
EBITDA Margin-4.5%-1.7%9.6%7.5%3.8%15.6%15.6%
EBIT($143M)($190M)($2M)($120M)($293M)$490M$598M
Net Income($235M)($183M)$89M($19M)($163M)$1.25B$1.61B
Free Cash Flow$441M$675M$929M$1.07B$1.24B
FCF Margin30.4%30.1%30.4%27.0%25.8%
Short-Term Debt$10M$13M$14M$14M$0M
Long-Term Debt$740M$741M$742M$744M$745M
Cash & Cash Equivalents$2.00B$2.46B$3.38B$4.32B$5.23B
Net Debt($1.25B)($1.70B)($2.62B)($3.57B)($4.48B)
Net Debt / EBITDA-8.9x-12.1x-24.6x
Rule of 4084.5%66.7%56.4%47.5%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.