Crowdstrike Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Crowdstrike Holdings Inc (CRWD) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Crowdstrike Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 5,395M vs 506,668M combined for tracked competitors (1.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+9.1% annualized vs trailing 12 months), vs accelerating (+13.0%) for its tracked peer group.
- Growth: Crowdstrike Holdings Inc generated 25.9% revenue growth year over year in Q2 2026, vs 27.8% for its tracked competitors combined.
- Profitability: Its 0.4% net margin compares with 36.5% for the peer group.
- Scale: Crowdstrike Holdings Inc ranks #5 of 260 companies by market capitalization in the Software & Programming industry, holding 3.6% of industry market cap.
- Peer revenue share: Crowdstrike Holdings Inc accounted for 1.0% of combined revenue among its tracked peer group, down from 1.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.50M compares with $1.28M for the peer group (0.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CRWD Sales vs. its Competitors, Q2 2026
Crowdstrike Holdings Inc reported revenue growth of 25.86 % year on year in Q2 2026, below its competitors' combined revenue growth of 27.79 %.
With a net margin of 0.36 %, Crowdstrike Holdings Inc reported lower profitability than its competitors (36.53 %).
Crowdstrike Holdings Inc generated 1.02 % of the combined sales of its peer group, down from 1.03 % a year earlier.
Crowdstrike Holdings Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Crowdstrike Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Crowdstrike Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (12) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Crowdstrike Holdings Inc's competitor groups requires a Commercial License.
For context: the Software & Programming industry grew revenue 16.0% year over year, combined, vs 25.9% for Crowdstrike Holdings Inc. Crowdstrike Holdings Inc's share of combined industry revenue moved from 0.42% to 0.46%, a gain of 0.04 percentage points.
Crowdstrike Holdings Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Crowdstrike Holdings Inc | Yes | Yes | Yes | No |
| Competitors combined (17) | ||||
| High-Confidence Competitors (15) | ||||
| Similar-Size Competitors (9) | ||||
| Similar Growth & Profitability (8) | 75.00 % (6 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CRWD Stock Performance relative to its Competitors
CRWD Stock Performance relative to High-Confidence Competitors
CRWD Stock Performance relative to Similar-Size Competitors
CRWD Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Palo Alto Networks Inc | 282.9% | Outperformed |
| 2 | Cloudflare Inc | 282.9% | Outperformed |
| 3 | Cisco Systems Inc | 282.9% | Outperformed |
| 4 | Pitney Bowes Inc | 282.9% | Outperformed |
| 5 | Broadcom Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Crowdstrike Holdings Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Crowdstrike Holdings Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Crowdstrike Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Crowdstrike Holdings Inc | 270,778.59 | 5,395.06 |
| Microsoft Corporation | 3,795,216.66 | 331,839.00 |
| Broadcom Inc | 1,708,348.59 | 89,104.00 |
| Cisco Systems Inc | 425,572.38 | 63,325.00 |
| Palo Alto Networks Inc | 299,556.76 | 11,480.00 |
| Cloudflare Inc | 125,508.65 | 2,512.92 |
| SUBTOTAL | 6,688,657.66 | 516,929.48 |
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Sources: Crowdstrike Holdings Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Crowdstrike Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Crowdstrike Holdings Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Broadcom Inc. | Named by the company | 85% |
| FireEye, Inc. | Named by the company | 85% |
| Trellix | Named by the company | 85% |
| Fortinet Inc | Named by the company | 85% |
| Broadcom Inc. | Named by the company | 85% |
| BlackBerry Cylance | Named by the company | 85% |
| Palo Alto Networks, Inc. | Named by the company | 85% |
| Cyberark Software Ltd | Named by the company | 85% |
| Tenable Holdings Inc | Named by the company | 85% |
| McAfee, LLC | Named by the company | 85% |
| VMware Carbon Black | Named by the company | 85% |
| Oculus Inc | Named by the company | 85% |
| SentinelOne | Named by the company | 85% |
| Elastic N v | Named by the company | 85% |
| Ziff Davis Inc | Named by the company | 85% |
| Microsoft Corporation | Named by the company | 85% |
| Qualys Inc | Named by the company | 85% |
| Cisco Systems Inc | Named by the company | 85% |
| Check Point Software Technologies Ltd | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Crowdstrike Holdings Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Crowdstrike Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Microsoft Corporation | Productivity and Business Processes 42.19 % |
| Broadcom Inc | Semiconductor Solutions 64.81 % |
| Cisco Systems Inc | Americas 60.41 % |
| Pitney Bowes Inc | SendTech Solutions 65.76 % |
| Izea Worldwide Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Crowdstrike Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Crowdstrike Holdings Inc | 270,779 | 504,306 | 7,166 |
| Microsoft Corporation | 3,795,217 | 1,488,067 | 599,771 |
| Broadcom Inc | 1,708,349 | 2,700,121 | 1,159,545 |
| Cisco Systems Inc | 425,572 | 768,507 | 161,007 |
| Palo Alto Networks Inc | 299,557 | 523,699 | 14,005 |
| Cloudflare Inc | 125,509 | 487,378 | -40,007 |
| PEERS TOTAL | 6,417,879 | 1,283,122 | 467,866 |
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Crowdstrike Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Crowdstrike Holdings Inc | United States 66.86 % |
| Microsoft Corporation | US 51.47 % |
| Broadcom Inc | Asia Pacific 60.15 % |
| Palo Alto Networks Inc | United States 61.76 % |
| Cloudflare Inc | United States 49.38 % |
| Check Point Software Technologies Ltd | EMEA 43.08 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Crowdstrike Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 236 companies in Crowdstrike Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Crowdstrike Holdings Inc ranks #5 of 236 companies by market capitalization in its industry, holding 3.59 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,656, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Microsoft Corporation | 3,795,217 | 50.26 % |
| 2 | Palantir Technologies Inc | 481,579 | 6.38 % |
| 3 | Oracle Corporation | 386,426 | 5.12 % |
| 4 | Sap Se | 275,531 | 3.65 % |
| 5 | Crowdstrike Holdings Inc | 270,779 | 3.59 % |
| 6 | Shopify Inc | 1,234 | 5.2% |
| 7 | Salesforce Inc | 1,234 | 5.2% |
| 8 | Full Truck Alliance Co Ltd | 1,234 | 5.2% |
| 9 | Servicenow Inc | 1,234 | 5.2% |
| 10 | Cloudflare Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Crowdstrike Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Crowdstrike Holdings Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Microsoft Corporation | 3,795,217 | -0.59 % |
| 2 | Palantir Technologies Inc | 481,579 | 5.69 % |
| 3 | Oracle Corporation | 386,426 | -54.19 % |
| 4 | Sap Se | 275,531 | -22.22 % |
| 5 | Crowdstrike Holdings Inc | 270,779 | -46.22 % |
| 6 | Shopify Inc | 1,234 | 12.3% |
| 7 | Salesforce Inc | 1,234 | 12.3% |
| 8 | Full Truck Alliance Co Ltd | 1,234 | 12.3% |
| 9 | Servicenow Inc | 1,234 | 12.3% |
| 10 | Cloudflare Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Crowdstrike Holdings Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Crowdstrike Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Software & Programming industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (343 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 75.26 % | 64.28 % (avg) | +11.0 pp |
| Operating Margin | 0.99 % | industry median | +3.7 pp |
| EBITDA Margin | 3.14 % | 2.53 % (avg) | +0.6 pp |
| Capital Intensity (Capex / Revenue) | 9.16 % | 4.79 % (avg) | +4.4 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Crowdstrike Holdings Inc's Valuation vs Competitive Position
Valuation multiples vs the Software & Programming industry average (343 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 7,757.7x | 39.5x | +7,718.2x |
| EV / EBITDA | 2,966.1x | 21.7x | +2,944.4x |
| P/B | 110.4x | 5.4x | +105.0x |
| Return on Equity | 1.67 % | industry aggregate | -23.53 % |
| Return on Invested Capital | 0.46 % | -0.26 % (avg) | 0.72 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Crowdstrike Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue Growth | - | - | 65.88 % | 36.32 % | 29.41 % | 21.69 % |
| Operating Margin | - | -16.70 % | -5.61 % | -0.07 % | -3.05 % | -2.50 % |
| Return on Invested Capital | 0.00 % | -7.19 % | -2.72 % | -0.04 % | -1.57 % | -1.19 % |
| P/E | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Crowdstrike Holdings Inc's Strategic Group Map
Every company in Crowdstrike Holdings Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Crowdstrike Holdings Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Crowdstrike Holdings Inc's BCG Growth-Share Matrix
Relative market share (vs Crowdstrike Holdings Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Crowdstrike Holdings Inc falls in the Question Mark quadrant: relative market share of 0.07x vs its largest competitor, in an industry growing revenue 11.6% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Microsoft Corporation alone holds 50% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Crowdstrike Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 2,656 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 9.16 % vs industry average 4.79 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Crowdstrike Holdings Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Crowdstrike Holdings Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Crowdstrike Holdings Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Crowdstrike Holdings Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Crowdstrike Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+9.1% annualized vs trailing 12 months).
Weaknesses
- Return on equity 23.5 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.07x).
Opportunities
- Industry revenue growing at a healthy 11.6% median pace.
- A meaningful share of tracked competitors (35.70 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by Microsoft Corporation, holding 50.26 % of industry market cap.
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Crowdstrike Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Crowdstrike Holdings Inc | 1.21 | 1.67 | 0.16 |
| Microsoft Corporation | 0.13 | 1.31 | 0.11 |
| Broadcom Inc | 0.99 | 2.05 | 0.75 |
| Cisco Systems Inc | 0.25 | 0.94 | 0.63 |
| Palo Alto Networks Inc | 0.30 | 0.91 | 0.04 |
| Cloudflare Inc | 0.48 | 1.94 | 2.19 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Crowdstrike Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Crowdstrike Holdings Inc | Q2 2026 | +25.9 % | - |
| Microsoft Corporation | Q2 2026 | +17.7 % | +31.3 % |
| Broadcom Inc | Q2 2026 | +85.5 % | +216.1 % |
| Cisco Systems Inc | Q2 2026 | +17.6 % | +51.3 % |
| Palo Alto Networks Inc | Q2 2026 | +34.4 % | - |
| Cloudflare Inc | Q2 2026 | +36.0 % | - |
| PEERS TOTAL | +26.9 % | +52.8 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Crowdstrike Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Crowdstrike Holdings Inc | Q2 2026 | +20.6 % | +222.1 % |
| Microsoft Corporation | Q2 2026 | +22.9 % | +109.6 % |
| Broadcom Inc | Q2 2026 | +74.0 % | +274.6 % |
| Cisco Systems Inc | Q2 2026 | +14.8 % | +79.7 % |
| Palo Alto Networks Inc | Q2 2026 | +62.9 % | +19.4 % |
| Cloudflare Inc | Q2 2026 | +53.6 % | -8.0 % |
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Crowdstrike Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Crowdstrike Holdings Inc | 0.69% | 1.09% | 1.67% |
| Microsoft Corporation | 19.76% | 22.48% | 34.22% |
| Broadcom Inc | 21.57% | 24.07% | 43.74% |
| Cisco Systems Inc | 10.64% | 11.94% | 27.52% |
| Palo Alto Networks Inc | 0.87% | 0.81% | 1.71% |
| Cloudflare Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Crowdstrike Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Crowdstrike Holdings Inc | 4,148.00 | 50.19 |
| Microsoft Corporation | 28.37 | 11.44 |
| Broadcom Inc | 44.53 | 19.17 |
| Cisco Systems Inc | 31.96 | 6.72 |
| Palo Alto Networks Inc | 800.18 | 26.09 |
| Cloudflare Inc | - | 49.95 |
| PEERS AVERAGE | 35.85 | 12.94 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.