Operating Expenses

R&D

CrowdStrike Holdings, Inc. R&D increased by 2.5% to $356.41M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 654.7%, from $47.23M to $356.41M. Over 4 years (FY 2022 to FY 2026), R&D shows an upward trend with a 39.0% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ3 2018
Last reportedQ4 2026Mar 5, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$78.18M$90.46M$97.63M$105.02M$123.40M$137.86M$155.26M$53.87M$179.07M$179.36M$196.07M$18.56M$235.25M$250.91M$275.60M$47.23M$334.13M$346.67M$347.56M$356.41M
QoQ Change+15.7%+7.9%+7.6%+17.5%+11.7%+12.6%-65.3%+232.4%+0.2%+9.3%-90.5%>999%+6.7%+9.8%-82.9%+607.5%+3.8%+0.3%+2.5%
YoY Change+57.8%+52.4%+59.0%-48.7%+45.1%+30.1%+26.3%-65.5%+31.4%+39.9%+40.6%+154.5%+42.0%+38.2%+26.1%+654.7%
Range$18.56M$356.41M
CAGR+37.6%
Avg YoY Growth+74.0%
Median YoY Growth+40.2%
Current Streak4 quarters growth

Frequently Asked Questions

What is CrowdStrike Holdings, Inc.'s r&d?
CrowdStrike Holdings, Inc. (CRWD) reported r&d of $356.41M in Q4 2025.
How has CrowdStrike Holdings, Inc.'s r&d changed year-over-year?
CrowdStrike Holdings, Inc.'s r&d increased by 654.7% year-over-year, from $47.23M to $356.41M.
What is the long-term trend for CrowdStrike Holdings, Inc.'s r&d?
Over 4 years (2022 to 2026), CrowdStrike Holdings, Inc.'s r&d has grown at a 39.0% compound annual growth rate (CAGR), from $371.28M to $1.38B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.