Operating Expenses

Total Operating Expenses

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2018
Last reportedQ4 2026Mar 5, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

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$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%
Range$103.04M$995.88M
CAGR+32.7%
Avg YoY Growth+54.9%
Median YoY Growth+36.3%

Frequently Asked Questions

What is CrowdStrike Holdings, Inc.'s total operating expenses?
CrowdStrike Holdings, Inc. (CRWD) reported total operating expenses of $979.89M in Q4 2025.
How has CrowdStrike Holdings, Inc.'s total operating expenses changed year-over-year?
CrowdStrike Holdings, Inc.'s total operating expenses increased by 465.2% year-over-year, from $173.38M to $979.89M.
What is the long-term trend for CrowdStrike Holdings, Inc.'s total operating expenses?
Over 4 years (2022 to 2026), CrowdStrike Holdings, Inc.'s total operating expenses has grown at a 33.8% compound annual growth rate (CAGR), from $1.21B to $3.89B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.