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Side-by-side financial comparison of CrowdStrike (CRWD) and Diversified Energy Co (DEC). Click either name above to swap in a different company.

CrowdStrike is the larger business by last-quarter revenue ($1.2B vs $666.5M, roughly 1.9× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs -2.8%, a 32.1% gap on every dollar of revenue. CrowdStrike produced more free cash flow last quarter ($314.1M vs $280.0M).

CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.

CRWD vs DEC — Head-to-Head

Bigger by revenue
CRWD
CRWD
1.9× larger
CRWD
$1.2B
$666.5M
DEC
Higher net margin
DEC
DEC
32.1% more per $
DEC
29.3%
-2.8%
CRWD
More free cash flow
CRWD
CRWD
$34.1M more FCF
CRWD
$314.1M
$280.0M
DEC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CRWD
CRWD
DEC
DEC
Revenue
$1.2B
$666.5M
Net Profit
$-34.0M
$195.5M
Gross Margin
75.1%
Operating Margin
-5.6%
37.6%
Net Margin
-2.8%
29.3%
Revenue YoY
22.2%
Net Profit YoY
-102.1%
EPS (diluted)
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRWD
CRWD
DEC
DEC
Q4 25
$1.2B
$666.5M
Q3 25
$1.2B
$499.8M
Q2 25
$1.1B
$600.3M
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$963.9M
Q2 24
$921.0M
Q1 24
$845.3M
Net Profit
CRWD
CRWD
DEC
DEC
Q4 25
$-34.0M
$195.5M
Q3 25
$-77.7M
$171.1M
Q2 25
$-110.2M
$297.7M
Q1 25
$-92.3M
Q4 24
$-16.8M
Q3 24
$47.0M
Q2 24
$42.8M
Q1 24
$53.7M
Gross Margin
CRWD
CRWD
DEC
DEC
Q4 25
75.1%
Q3 25
73.5%
Q2 25
73.8%
44.7%
Q1 25
74.1%
Q4 24
74.7%
Q3 24
75.4%
Q2 24
75.6%
Q1 24
75.3%
Operating Margin
CRWD
CRWD
DEC
DEC
Q4 25
-5.6%
37.6%
Q3 25
-9.7%
36.2%
Q2 25
-11.3%
48.5%
Q1 25
-8.1%
Q4 24
-5.5%
Q3 24
1.4%
Q2 24
0.8%
Q1 24
3.5%
Net Margin
CRWD
CRWD
DEC
DEC
Q4 25
-2.8%
29.3%
Q3 25
-6.6%
34.2%
Q2 25
-10.0%
49.6%
Q1 25
-8.7%
Q4 24
-1.7%
Q3 24
4.9%
Q2 24
4.6%
Q1 24
6.4%
EPS (diluted)
CRWD
CRWD
DEC
DEC
Q4 25
$-0.14
Q3 25
$-0.31
$2.14
Q2 25
$-0.44
$3.67
Q1 25
$-0.37
Q4 24
$-0.07
Q3 24
$0.19
Q2 24
$0.17
Q1 24
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRWD
CRWD
DEC
DEC
Cash + ST InvestmentsLiquidity on hand
$4.8B
$29.7M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$4.0B
$984.1M
Total Assets
$10.0B
$6.2B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRWD
CRWD
DEC
DEC
Q4 25
$4.8B
$29.7M
Q3 25
$5.0B
Q2 25
$4.6B
$23.7M
Q1 25
$4.3B
Q4 24
$4.3B
Q3 24
$4.0B
Q2 24
$3.7B
Q1 24
$3.5B
Total Debt
CRWD
CRWD
DEC
DEC
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CRWD
CRWD
DEC
DEC
Q4 25
$4.0B
$984.1M
Q3 25
$3.8B
Q2 25
$3.5B
$727.7M
Q1 25
$3.3B
Q4 24
$3.1B
Q3 24
$2.9B
Q2 24
$2.5B
Q1 24
$2.3B
Total Assets
CRWD
CRWD
DEC
DEC
Q4 25
$10.0B
$6.2B
Q3 25
$9.3B
Q2 25
$8.7B
$5.7B
Q1 25
$8.7B
Q4 24
$7.8B
Q3 24
$7.2B
Q2 24
$6.8B
Q1 24
$6.6B
Debt / Equity
CRWD
CRWD
DEC
DEC
Q4 25
2.76×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRWD
CRWD
DEC
DEC
Operating Cash FlowLast quarter
$397.5M
$464.6M
Free Cash FlowOCF − Capex
$314.1M
$280.0M
FCF MarginFCF / Revenue
25.5%
42.0%
Capex IntensityCapex / Revenue
6.8%
27.7%
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRWD
CRWD
DEC
DEC
Q4 25
$397.5M
$464.6M
Q3 25
$332.8M
Q2 25
$384.1M
$264.1M
Q1 25
$345.7M
Q4 24
$326.1M
Q3 24
$326.6M
Q2 24
$383.2M
Q1 24
$347.0M
Free Cash Flow
CRWD
CRWD
DEC
DEC
Q4 25
$314.1M
$280.0M
Q3 25
$302.3M
Q2 25
$298.4M
Q1 25
$258.5M
Q4 24
$247.4M
Q3 24
$287.4M
Q2 24
$333.5M
Q1 24
$294.4M
FCF Margin
CRWD
CRWD
DEC
DEC
Q4 25
25.5%
42.0%
Q3 25
25.9%
Q2 25
27.0%
Q1 25
24.4%
Q4 24
24.5%
Q3 24
29.8%
Q2 24
36.2%
Q1 24
34.8%
Capex Intensity
CRWD
CRWD
DEC
DEC
Q4 25
6.8%
27.7%
Q3 25
2.6%
Q2 25
7.8%
Q1 25
8.2%
Q4 24
7.8%
Q3 24
4.1%
Q2 24
5.4%
Q1 24
6.2%
Cash Conversion
CRWD
CRWD
DEC
DEC
Q4 25
2.38×
Q3 25
Q2 25
0.89×
Q1 25
Q4 24
Q3 24
6.95×
Q2 24
8.95×
Q1 24
6.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRWD
CRWD

Subscription And Circulation$1.2B95%
Professional Services$65.5M5%

DEC
DEC

Segment breakdown not available.

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