Crowdstrike (CRWD)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $72.4B, Crowdstrike's free cash flow of $1.2B (fiscal 2026) would need to grow about 19% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 6 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Crowdstrike's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from CRWD's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Crowdstrike's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $1.5B | $2.2B | $3.1B | $4.0B | $4.8B |
| Net income | -$235M | -$183M | $72M | -$15M | -$163M |
| Free cash flow | $442M | $677M | $940M | $1.1B | $1.2B |
| EPS (diluted) | -$0.26 | -$0.20 | $0.30 | -$0.06 | -$0.65 |
| Operating margin | -9.8% | -8.5% | -0.63% | -2.9% | -6.1% |
Where the revenue comes from
Revenue by products, fiscal 2026.
Superinvestors who own CRWD
From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Hersh Cohen ClearBridge Investments |
Trimmed | $620M | 0.51% | Q2 2026 |
| Cliff Asness AQR Capital Management |
Trimmed | $175M | 0.06% | Q2 2026 |
| Ron Baron Baron Capital (BAMCO) |
Added | $96M | 0.14% | Q2 2026 |
| PRIMECAP Management PRIMECAP Management Co |
Trimmed | $66M | 0.04% | Q2 2026 |
| Joel Greenblatt Gotham Asset Management |
Trimmed | $51M | 0.12% | Q2 2026 |
| Mario Gabelli GAMCO Investors |
Trimmed | $11M | 0.10% | Q2 2026 |
| Lee Ainslie Maverick Capital |
New position | $1M | 0.01% | Q2 2026 |
Insider buying
Open-market purchases by Crowdstrike's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Mar 13, 2026 | Gilbert Ray Cisneros, Jr. |
0 | $441.78 | — |
| Mar 13, 2026 | Gilbert Ray Cisneros, Jr. |
0 | $441.78 | — |
| Feb 24, 2026 | Ro Khanna |
0 | $350.25 | — |
| Feb 24, 2026 | Ro Khanna |
0 | $350.25 | — |
| Feb 17, 2026 | Ro Khanna |
0 | $414.29 | — |
| Feb 17, 2026 | Ro Khanna |
0 | $414.29 | — |
| Feb 5, 2026 | Ro Khanna |
0 | $377.16 | — |
| Feb 5, 2026 | Ro Khanna |
0 | $377.16 | — |
| Jan 29, 2026 | Ro Khanna |
0 | $444.62 | — |
| Jan 29, 2026 | Ro Khanna |
0 | $444.62 | — |
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In the full deep dive
Questions
What growth does Crowdstrike's stock price imply?
At a market value of $72.4B, Crowdstrike would need its free cash flow to grow about 19% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 6 years its free cash flow grew 115% a year.
Are Crowdstrike insiders buying the stock?
10 open-market insider purchases of CRWD in the last 12 months, from SEC Form 4 filings.
Which superinvestors own Crowdstrike?
7 of the superinvestors Investingly tracks hold CRWD in their latest 13F, including Hersh Cohen, Cliff Asness, Ron Baron.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.