CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.
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The chart shows the growth of an initial investment of $10,000 in CrowdStrike Holdings, Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
CrowdStrike Holdings, Inc. Class A Common Stock (CRWD) has returned -15.80% so far this year and 33.01% over the past 12 months. Looking at the last ten years, CRWD has achieved an annualized return of 20.18%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of CrowdStrike Holdings, Inc. Class A Common Stock (CRWD) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.88% | -15.46% | 3.86% | 0.60% | ||||||||
| 2025 | 14.88% | 0.70% | -11.63% | 19.48% | 9.24% | 8.13% | -10.76% | -5.62% | 17.57% | 11.33% | -7.31% | -6.85% |
| 2024 | 16.32% | 9.46% | 0.42% | -8.87% | 8.00% | 19.98% | -39.79% | 19.52% | 1.70% | 5.18% | 16.57% | -0.79% |
| 2023 | -1.49% | 13.97% | 14.16% | -11.40% | 35.06% | 0.10% | 9.84% | 1.26% | 2.61% | 5.22% | 33.05% | 8.31% |
| 2022 | -11.88% | 7.25% | 12.79% | -11.78% | -19.40% | 3.40% | 9.13% | 1.01% | -7.64% | -3.26% | -28.70% | -11.25% |
| 2021 | 2.78% | -0.26% | -17.35% | 10.46% | 6.29% | 12.58% | 1.04% | 10.52% | -10.04% | 14.25% | -21.20% | -7.22% |
| 2020 | 22.11% | -2.44% | -7.51% | 25.30% | 32.48% | 10.74% | 13.20% | 9.83% | 2.14% | -11.23% | 23.07% | 37.99% |
| 2019 | 7.54% | 28.90% | -9.76% | -27.88% | -14.39% | 16.14% | -14.75% |
The charts below present risk-adjusted performance metrics for CrowdStrike Holdings, Inc. Class A Common Stock (CRWD) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CRWD compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current CrowdStrike Holdings, Inc. Class A Common Stock volatility is 2.70%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 11.09B | 8.70B | 6.65B | 5.03B | 3.62B | 2.73B | 1.40B |
| Equity Attributable To Parent (USD) | 4.43B | 3.28B | 2.30B | 1.46B | 1.03B | 870.57M | 742.11M |
| Equity Attributable To Noncontrolling Interest (USD) | 44.22M | 39.42M | 33.14M | 23.79M | 11.88M | 1.30M | 500.00K |
| Equity (USD) | 4.47B | 3.32B | 2.34B | 1.49B | 1.04B | 871.87M | 742.61M |
| Noncurrent Liabilities (USD) | 2.43B | 1.92B | 1.61B | 1.43B | 1.17B | 997.11M | 169.20M |
| Other Current Liabilities (USD) | 3.69B | 3.01B | 2.43B | 1.89B | 1.25B | 779.58M | 454.94M |
| Wages (USD) | 389.69M | 319.24M | 234.62M | 168.77M | 104.56M | 71.91M | 36.81M |
| Accounts Payable (USD) | 105.32M | 130.89M | 28.18M | 45.37M | 47.63M | 12.07M | 1.35M |
| Current Liabilities (USD) | 4.18B | 3.46B | 2.70B | 2.11B | 1.41B | 863.55M | 493.10M |
| Liabilities (USD) | 6.61B | 5.38B | 4.31B | 3.54B | 2.58B | 1.86B | 662.30M |
| Other Non-current Assets (USD) | 2.69B | 1.80B | 1.27B | 893.94M | 786.85M | 273.25M | 97.19M |
| Fixed Assets (USD) | 976.33M | 788.64M | 620.17M | 492.34M | 260.58M | 167.01M | 136.08M |
| Noncurrent Assets (USD) | 3.67B | 2.59B | 1.89B | 1.39B | 1.05B | 440.26M | 233.27M |
| Other Current Assets (USD) | 7.17B | 5.87B | - | - | 2.55B | 2.27B | 1.15B |
| Prepaid Expenses (USD) | 250.90M | 247.30M | - | - | 18.83M | 23.07M | 20.39M |
| Current Assets (USD) | 7.42B | 6.11B | 4.76B | 3.64B | 2.57B | 2.29B | 1.17B |
| Assets (USD) | 11.09B | 8.70B | 6.65B | 5.03B | 3.62B | 2.73B | 1.40B |
Cybersecurity experts warn that next-generation AI models from Anthropic and OpenAI pose significant threats, with AI agents capable of identifying and exploiting vulnerabilities faster than human hackers. Anthropic's unreleased 'Claude Mythos' model was exposed in a data leak, described as a major capability advancement. Industry leaders caution that AI-powered cyberattacks could accelerate dramatically, with breaches potentially occurring in 25 minutes versus days for detection.
CrowdStrike (CRWD) stock dropped 16% in 2026 amid concerns that Anthropic's Claude AI models could replace traditional cybersecurity solutions. However, analysis suggests Claude Code Security is limited to static code analysis and lacks runtime threat detection, while CrowdStrike's Falcon platform offers comprehensive prevention, detection, and response capabilities. The stock has begun recovering, with analysts maintaining 20%+ upside potential despite lowering price targets from $600+ to the $400s.
As artificial intelligence makes cybersecurity threats more sophisticated, three leading cybersecurity companies are positioned for growth. CrowdStrike's diversified Falcon platform and expanding TAM, Palo Alto Networks' platformization strategy and identity security focus, and Zscaler's zero-trust specialization are all well-positioned to benefit from increased enterprise security spending and the rise of agentic AI.
Palo Alto Networks (PANW) has dropped over 35% from its 52-week high amid broader cybersecurity sector selloff driven by AI concerns. However, the company's platformization strategy is gaining traction with 1,550 total platformizations (up 35% YoY) and a 119% net retention rate among consolidated customers. With strong free cash flow ($3.75B trailing twelve-month), zero debt, and strategic acquisitions of CyberArk and Chronosphere, the author argues the market has overcorrected and the current valuation represents a ~20% discount with a multi-year investment opportunity.
Cybersecurity stocks have declined significantly amid AI disruption concerns, but insider trading activity reveals mixed signals. Palo Alto Networks CEO Nikesh Arora purchased nearly $10 million in stock, signaling confidence despite the 30% decline from 52-week highs. Meanwhile, insider selling at CrowdStrike and Rubrik appears driven by tax obligations on vesting RSUs rather than bearish sentiment. Strong fundamentals at Palo Alto, including 15-16% revenue growth and improved operating margins, support the CEO's bullish stance on AI-driven security demand.
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Palo Alto Networks CEO Nikesh Arora warned that advanced AI models from OpenAI and Anthropic could enable sophisticated cyberattacks within six months by making vulnerability discovery accessible to anyone with a credit card. He emphasized that AI-powered attacks could breach systems in 25 minutes while most companies take days to detect intrusions. Arora advocates for fighting AI threats with AI and calls for responsible model releases and swift defensive action.
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CrowdStrike stock has fallen 35% since November amid concerns that agentic AI tools could undercut cybersecurity providers. However, the author argues this presents an opportunity rather than a threat, as increased AI adoption will heighten demand for robust security solutions. CrowdStrike's strong fundamentals—including 22% revenue growth and expanding customer module adoption—suggest the company is well-positioned to benefit from the AI revolution rather than be disrupted by it.