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Side-by-side financial comparison of CrowdStrike (CRWD) and HERBALIFE LTD. (HLF). Click either name above to swap in a different company.

HERBALIFE LTD. is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.0× CrowdStrike). HERBALIFE LTD. runs the higher net margin — 6.7% vs -2.8%, a 9.4% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs 6.3%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $79.8M). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs 0.7%).

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

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

CRWD vs HLF — Head-to-Head

Bigger by revenue
HLF
HLF
1.0× larger
HLF
$1.3B
$1.2B
CRWD
Growing faster (revenue YoY)
CRWD
CRWD
+15.9% gap
CRWD
22.2%
6.3%
HLF
Higher net margin
HLF
HLF
9.4% more per $
HLF
6.7%
-2.8%
CRWD
More free cash flow
CRWD
CRWD
$234.3M more FCF
CRWD
$314.1M
$79.8M
HLF
Faster 2-yr revenue CAGR
CRWD
CRWD
Annualised
CRWD
20.8%
0.7%
HLF

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CRWD
CRWD
HLF
HLF
Revenue
$1.2B
$1.3B
Net Profit
$-34.0M
$85.4M
Gross Margin
75.1%
77.5%
Operating Margin
-5.6%
7.8%
Net Margin
-2.8%
6.7%
Revenue YoY
22.2%
6.3%
Net Profit YoY
-102.1%
-52.0%
EPS (diluted)
$-0.14
$0.81

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
HLF
HLF
Q4 25
$1.2B
$1.3B
Q3 25
$1.2B
$1.3B
Q2 25
$1.1B
$1.3B
Q1 25
$1.1B
$1.2B
Q4 24
$1.0B
$1.2B
Q3 24
$963.9M
$1.2B
Q2 24
$921.0M
$1.3B
Q1 24
$845.3M
$1.3B
Net Profit
CRWD
CRWD
HLF
HLF
Q4 25
$-34.0M
$85.4M
Q3 25
$-77.7M
$43.2M
Q2 25
$-110.2M
$49.3M
Q1 25
$-92.3M
$50.4M
Q4 24
$-16.8M
$177.9M
Q3 24
$47.0M
$47.4M
Q2 24
$42.8M
$4.7M
Q1 24
$53.7M
$24.3M
Gross Margin
CRWD
CRWD
HLF
HLF
Q4 25
75.1%
77.5%
Q3 25
73.5%
77.7%
Q2 25
73.8%
78.0%
Q1 25
74.1%
78.3%
Q4 24
74.7%
77.8%
Q3 24
75.4%
78.3%
Q2 24
75.6%
77.9%
Q1 24
75.3%
77.5%
Operating Margin
CRWD
CRWD
HLF
HLF
Q4 25
-5.6%
7.8%
Q3 25
-9.7%
9.9%
Q2 25
-11.3%
10.5%
Q1 25
-8.1%
10.1%
Q4 24
-5.5%
8.8%
Q3 24
1.4%
10.2%
Q2 24
0.8%
6.3%
Q1 24
3.5%
5.7%
Net Margin
CRWD
CRWD
HLF
HLF
Q4 25
-2.8%
6.7%
Q3 25
-6.6%
3.4%
Q2 25
-10.0%
3.9%
Q1 25
-8.7%
4.1%
Q4 24
-1.7%
14.7%
Q3 24
4.9%
3.8%
Q2 24
4.6%
0.4%
Q1 24
6.4%
1.9%
EPS (diluted)
CRWD
CRWD
HLF
HLF
Q4 25
$-0.14
$0.81
Q3 25
$-0.31
$0.42
Q2 25
$-0.44
$0.48
Q1 25
$-0.37
$0.49
Q4 24
$-0.07
$1.75
Q3 24
$0.19
$0.46
Q2 24
$0.17
$0.05
Q1 24
$0.23
$0.24

Balance Sheet & Financial Strength

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

Metric
CRWD
CRWD
HLF
HLF
Cash + ST InvestmentsLiquidity on hand
$4.8B
$353.1M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$4.0B
$-515.1M
Total Assets
$10.0B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRWD
CRWD
HLF
HLF
Q4 25
$4.8B
$353.1M
Q3 25
$5.0B
$305.5M
Q2 25
$4.6B
$320.9M
Q1 25
$4.3B
$329.4M
Q4 24
$4.3B
$415.3M
Q3 24
$4.0B
$402.5M
Q2 24
$3.7B
$374.0M
Q1 24
$3.5B
$398.3M
Total Debt
CRWD
CRWD
HLF
HLF
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Q1 24
$2.4B
Stockholders' Equity
CRWD
CRWD
HLF
HLF
Q4 25
$4.0B
$-515.1M
Q3 25
$3.8B
$-612.0M
Q2 25
$3.5B
$-660.5M
Q1 25
$3.3B
$-736.0M
Q4 24
$3.1B
$-801.1M
Q3 24
$2.9B
$-954.2M
Q2 24
$2.5B
$-1.0B
Q1 24
$2.3B
$-1.0B
Total Assets
CRWD
CRWD
HLF
HLF
Q4 25
$10.0B
$2.8B
Q3 25
$9.3B
$2.7B
Q2 25
$8.7B
$2.7B
Q1 25
$8.7B
$2.7B
Q4 24
$7.8B
$2.7B
Q3 24
$7.2B
$2.7B
Q2 24
$6.8B
$2.6B
Q1 24
$6.6B
$2.6B

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
HLF
HLF
Operating Cash FlowLast quarter
$397.5M
$98.3M
Free Cash FlowOCF − Capex
$314.1M
$79.8M
FCF MarginFCF / Revenue
25.5%
6.2%
Capex IntensityCapex / Revenue
6.8%
1.4%
Cash ConversionOCF / Net Profit
1.15×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$252.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRWD
CRWD
HLF
HLF
Q4 25
$397.5M
$98.3M
Q3 25
$332.8M
$138.8M
Q2 25
$384.1M
$96.0M
Q1 25
$345.7M
$200.0K
Q4 24
$326.1M
$69.6M
Q3 24
$326.6M
$99.5M
Q2 24
$383.2M
$102.5M
Q1 24
$347.0M
$13.8M
Free Cash Flow
CRWD
CRWD
HLF
HLF
Q4 25
$314.1M
$79.8M
Q3 25
$302.3M
$118.0M
Q2 25
$298.4M
$73.2M
Q1 25
$258.5M
$-18.1M
Q4 24
$247.4M
$43.9M
Q3 24
$287.4M
$72.4M
Q2 24
$333.5M
$66.2M
Q1 24
$294.4M
$-19.1M
FCF Margin
CRWD
CRWD
HLF
HLF
Q4 25
25.5%
6.2%
Q3 25
25.9%
9.3%
Q2 25
27.0%
5.8%
Q1 25
24.4%
-1.5%
Q4 24
24.5%
3.6%
Q3 24
29.8%
5.8%
Q2 24
36.2%
5.2%
Q1 24
34.8%
-1.5%
Capex Intensity
CRWD
CRWD
HLF
HLF
Q4 25
6.8%
1.4%
Q3 25
2.6%
1.6%
Q2 25
7.8%
1.8%
Q1 25
8.2%
1.5%
Q4 24
7.8%
2.1%
Q3 24
4.1%
2.2%
Q2 24
5.4%
2.8%
Q1 24
6.2%
2.6%
Cash Conversion
CRWD
CRWD
HLF
HLF
Q4 25
1.15×
Q3 25
3.21×
Q2 25
1.95×
Q1 25
0.00×
Q4 24
0.39×
Q3 24
6.95×
2.10×
Q2 24
8.95×
21.81×
Q1 24
6.46×
0.57×

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%

HLF
HLF

Others$514.4M40%
Other$300.0M23%
IN$250.3M20%
MX$147.2M11%
VN$71.1M6%

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