Company / R&D Expense
CrowdStrike R&D Expense History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.1B
FY2024
5-year range
$214.7M / $1.1B
FY2020-FY2024
Trend
+40.1%
vs FY2023
Sector context
#32 of 264
Information Technology
What the data says
CrowdStrike's r&d expense of $1.1B is higher than 88% of companies in the Information Technology sector (FY2024). R&D Expense has increased for 7 consecutive years, from $59M in FY2017 to $1.1B in FY2024.
Based on SEC 10-K filings.
$1.1B in FY2024 with a 5-year CAGR of +52.6%. Top quartile in the Information Technology sector.
Improved from $608M to $1.1B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +42.6%
- 5-Year CAGR
- +52.6%
- 10-Year CAGR
- -
Sector benchmark
+16.5% above sector average
Key checks
Key Insights
- CrowdStrike's r&d expense has grown for 7 consecutive years.
- 5-year CAGR of +52.6%, indicating consistent growth.
- In FY2024, r&d expense increased 40.1% year-over-year.
- Ranks #32 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $1.1B | +40.1% |
| FY2023 | $768.5M | +26.3% |
| FY2022 | $608.4M | +63.9% |
| FY2021 | $371.3M | +73.0% |
| FY2020 | $214.7M | +64.9% |
| FY2019 | $130.2M | +54.0% |
| FY2018 | $84.6M | +43.6% |
| FY2017 | $58.9M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026