What is CRWD's forecasted revenue?

Crowdstrike Holdings, Inc. is forecasted to generate $6.57B in next-four-quarter revenue, representing +21.7% year-over-year growth.

How accurate is the CRWD revenue forecast model?

The model has 0.9% training MAPE (Mean Absolute Percentage Error). In a holdout test, it predicted $1.4B versus the actual $1.5B.

Crowdstrike Holdings, Inc. CRWD

Revenue Intelligence Report • 34 quarters of SEC filing data • Updated 2026-10-14 • Data through 2026-07-31

Crowdstrike Holdings, Inc.'s latest quarterly revenue is $1.5B for the period ending 2026-07-31. The model projects $6.6B across the next four quarters (+21.7% versus the preceding four quarters). The forecast uses SG&A data; model selection and estimation exclude the latest quarter, whose retrospective holdout error is 2.5%. These are statistical associations, not estimates of the causal effect of spending.

Investment Thesis

The GAM forecast is based on reported revenue and SG&A data through 2026-07-31. Training MAPE measures fit to historical data; the separately reported holdout error measures a withheld quarter. Spending coefficients describe associations and do not establish causation.

Next 4 Quarters

$6.57B

+21.7% YoY

R&D Elasticity

0.06x

SG&A Elasticity

-1.19x

Training Fit

0.9% MAPE

Retrospective holdout (Q2 FY2027): The model predicted $1.43B vs the actual $1.47B — an error of 2.5%.
Retrospective one-quarter holdout: model fitting and selection exclude this quarter. Historical inputs use the latest available restatements, so this is not a preserved real-time forecast.

⚠ Model limitation: One or more estimated spending associations are negative. These observational coefficients do not establish a causal return on spending.

Revenue Forecast

Quarterly Detail

Quarter	Model Forecast	Actual	95% Range	YoY Growth	Status
Q2 FY2027 Period end 2026-07-31	$1.43B	$1.47B	$1.38B–$1.49B	+22.7%	✓ In range
Q3 FY2027 Period end 2026-10-31	$1.51B		$1.44B–$1.57B	+22.0%
Q4 FY2027 Period end 2027-01-31	$1.61B		$1.53B–$1.68B	+23.0%
Q1 FY2028 Period end 2027-04-30	$1.70B		$1.61B–$1.79B	+22.5%
Q2 FY2028 Period end 2027-07-31	$1.76B		$1.65B–$1.88B	+19.6%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Crowdstrike Holdings, Inc.'s systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.

Fiscal Quarter	Seasonal Factor	vs Trend	Interpretation	Obs.
FQ1 (Feb–Apr)	1.0086	+0.9%	In line with trend	9
FQ2 (May–Jul)	0.9888	-1.1%	In line with trend	8
FQ3 (Aug–Oct)	1.0019	+0.2%	In line with trend	8
FQ4 (Nov–Jan)	0.998	-0.2%	In line with trend	8

Spending and Revenue

Reading this chart: Each line shows the cumulative revenue association with a 1% change in spending over subsequent quarters. These estimates describe historical associations and do not establish causation.

Time-Varying Spending Associations

Time-varying analysis: A penalized spline model (GAM) tracks the association between log spending and log revenue over 34 quarters. Its coefficients describe conditional historical associations, not causal returns on spending.
Current SG&A elasticity: -0.1814x • R&D elasticity: 0.0852x
The model-term chart shows relative absolute term magnitudes. Its percentages are not shares of revenue or causal contributions to growth.

Enhanced forecast: The time-varying model (GAM) was selected using training fit, before evaluating the withheld quarter. Its holdout error is -2.5%.

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