CrowdStrike Holdings, Inc. Total Operating Expenses decreased by 1.6% to $979.89M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 465.2%, from $173.38M to $979.89M. Over 4 years (FY 2022 to FY 2026), Total Operating Expenses shows an upward trend with a 33.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $255.69M | $294.66M | $318.65M | $341.92M | $384.89M | $442.89M | $479.08M | $135.38M | $542.81M | $564.08M | $587.85M | $103.04M | $689.10M | $712.81M | $810.81M | $173.38M | $938.95M | $971.65M | $995.88M | $979.89M |
| QoQ Change | — | +15.2% | +8.1% | +7.3% | +12.6% | +15.1% | +8.2% | -71.7% | +300.9% | +3.9% | +4.2% | -82.5% | +568.7% | +3.4% | +13.7% | -78.6% | +441.6% | +3.5% | +2.5% | -1.6% |
| YoY Change | — | — | — | — | +50.5% | +50.3% | +50.3% | -60.4% | +41.0% | +27.4% | +22.7% | -23.9% | +27.0% | +26.4% | +37.9% | +68.3% | +36.3% | +36.3% | +22.8% | +465.2% |