CrowdStrike Holdings, Inc. Total Operating Expenses increased by 2.5% to $995.88M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.8%, from $810.81M to $995.88M. Over 3 years (FY 2022 to FY 2025), Total Operating Expenses shows an upward trend with a 33.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $255.69M | $294.66M | $318.65M | $0.00 | $384.89M | $442.89M | $479.08M | $135.38M | $542.81M | $564.08M | $587.85M | $89.10M | $689.10M | $712.81M | $810.81M | $176.10M | $938.95M | $971.65M | $995.88M |
| QoQ Change | — | +15.2% | +8.1% | -100.0% | — | +15.1% | +8.2% | -71.7% | +300.9% | +3.9% | +4.2% | -84.8% | +673.4% | +3.4% | +13.7% | -78.3% | +433.2% | +3.5% | +2.5% |
| YoY Change | — | — | — | — | +50.5% | +50.3% | +50.3% | — | +41.0% | +27.4% | +22.7% | -34.2% | +27.0% | +26.4% | +37.9% | +97.6% | +36.3% | +36.3% | +22.8% |
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