vs
Side-by-side financial comparison of CrowdStrike (CRWD) and Installed Building Products, Inc. (IBP). Click either name above to swap in a different company.
CrowdStrike is the larger business by last-quarter revenue ($1.2B vs $747.5M, roughly 1.7× Installed Building Products, Inc.). Installed Building Products, Inc. runs the higher net margin — 10.2% vs -2.8%, a 13.0% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs -0.4%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $49.3M). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs 3.9%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
CRWD vs IBP — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $747.5M |
| Net Profit | $-34.0M | $76.6M |
| Gross Margin | 75.1% | 35.0% |
| Operating Margin | -5.6% | 14.6% |
| Net Margin | -2.8% | 10.2% |
| Revenue YoY | 22.2% | -0.4% |
| Net Profit YoY | -102.1% | 14.5% |
| EPS (diluted) | $-0.14 | $2.81 |
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.
| Q4 25 | $1.2B | $747.5M | ||
| Q3 25 | $1.2B | $778.2M | ||
| Q2 25 | $1.1B | $760.3M | ||
| Q1 25 | $1.1B | $684.8M | ||
| Q4 24 | $1.0B | $750.2M | ||
| Q3 24 | $963.9M | $760.6M | ||
| Q2 24 | $921.0M | $737.6M | ||
| Q1 24 | $845.3M | $692.9M |
| Q4 25 | $-34.0M | $76.6M | ||
| Q3 25 | $-77.7M | $74.4M | ||
| Q2 25 | $-110.2M | $69.0M | ||
| Q1 25 | $-92.3M | $45.4M | ||
| Q4 24 | $-16.8M | $66.9M | ||
| Q3 24 | $47.0M | $68.6M | ||
| Q2 24 | $42.8M | $65.2M | ||
| Q1 24 | $53.7M | $55.9M |
| Q4 25 | 75.1% | 35.0% | ||
| Q3 25 | 73.5% | 34.0% | ||
| Q2 25 | 73.8% | 34.2% | ||
| Q1 25 | 74.1% | 32.7% | ||
| Q4 24 | 74.7% | 33.6% | ||
| Q3 24 | 75.4% | 33.8% | ||
| Q2 24 | 75.6% | 34.1% | ||
| Q1 24 | 75.3% | 33.8% |
| Q4 25 | -5.6% | 14.6% | ||
| Q3 25 | -9.7% | 13.7% | ||
| Q2 25 | -11.3% | 13.3% | ||
| Q1 25 | -8.1% | 10.2% | ||
| Q4 24 | -5.5% | 13.1% | ||
| Q3 24 | 1.4% | 13.3% | ||
| Q2 24 | 0.8% | 12.9% | ||
| Q1 24 | 3.5% | 12.7% |
| Q4 25 | -2.8% | 10.2% | ||
| Q3 25 | -6.6% | 9.6% | ||
| Q2 25 | -10.0% | 9.1% | ||
| Q1 25 | -8.7% | 6.6% | ||
| Q4 24 | -1.7% | 8.9% | ||
| Q3 24 | 4.9% | 9.0% | ||
| Q2 24 | 4.6% | 8.8% | ||
| Q1 24 | 6.4% | 8.1% |
| Q4 25 | $-0.14 | $2.81 | ||
| Q3 25 | $-0.31 | $2.74 | ||
| Q2 25 | $-0.44 | $2.52 | ||
| Q1 25 | $-0.37 | $1.64 | ||
| Q4 24 | $-0.07 | $2.39 | ||
| Q3 24 | $0.19 | $2.44 | ||
| Q2 24 | $0.17 | $2.30 | ||
| Q1 24 | $0.23 | $1.97 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.8B | $321.9M |
| Total DebtLower is stronger | — | $886.6M |
| Stockholders' EquityBook value | $4.0B | $709.9M |
| Total Assets | $10.0B | $2.1B |
| Debt / EquityLower = less leverage | — | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8B | $321.9M | ||
| Q3 25 | $5.0B | $333.3M | ||
| Q2 25 | $4.6B | $305.2M | ||
| Q1 25 | $4.3B | $298.7M | ||
| Q4 24 | $4.3B | $327.6M | ||
| Q3 24 | $4.0B | $406.2M | ||
| Q2 24 | $3.7B | $380.3M | ||
| Q1 24 | $3.5B | $399.9M |
| Q4 25 | — | $886.6M | ||
| Q3 25 | — | $880.8M | ||
| Q2 25 | — | $876.1M | ||
| Q1 25 | — | $872.4M | ||
| Q4 24 | — | $874.8M | ||
| Q3 24 | — | $872.3M | ||
| Q2 24 | — | $875.8M | ||
| Q1 24 | — | $875.0M |
| Q4 25 | $4.0B | $709.9M | ||
| Q3 25 | $3.8B | $678.6M | ||
| Q2 25 | $3.5B | $664.5M | ||
| Q1 25 | $3.3B | $660.9M | ||
| Q4 24 | $3.1B | $705.3M | ||
| Q3 24 | $2.9B | $716.4M | ||
| Q2 24 | $2.5B | $685.3M | ||
| Q1 24 | $2.3B | $679.2M |
| Q4 25 | $10.0B | $2.1B | ||
| Q3 25 | $9.3B | $2.1B | ||
| Q2 25 | $8.7B | $2.0B | ||
| Q1 25 | $8.7B | $2.0B | ||
| Q4 24 | $7.8B | $2.1B | ||
| Q3 24 | $7.2B | $2.1B | ||
| Q2 24 | $6.8B | $2.0B | ||
| Q1 24 | $6.6B | $2.0B |
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 1.32× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.24× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 1.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $397.5M | $64.9M |
| Free Cash FlowOCF − Capex | $314.1M | $49.3M |
| FCF MarginFCF / Revenue | 25.5% | 6.6% |
| Capex IntensityCapex / Revenue | 6.8% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $300.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $397.5M | $64.9M | ||
| Q3 25 | $332.8M | $124.0M | ||
| Q2 25 | $384.1M | $90.4M | ||
| Q1 25 | $345.7M | $92.1M | ||
| Q4 24 | $326.1M | $74.8M | ||
| Q3 24 | $326.6M | $101.4M | ||
| Q2 24 | $383.2M | $79.0M | ||
| Q1 24 | $347.0M | $84.8M |
| Q4 25 | $314.1M | $49.3M | ||
| Q3 25 | $302.3M | $104.8M | ||
| Q2 25 | $298.4M | $74.8M | ||
| Q1 25 | $258.5M | $71.9M | ||
| Q4 24 | $247.4M | $52.9M | ||
| Q3 24 | $287.4M | $77.3M | ||
| Q2 24 | $333.5M | $58.2M | ||
| Q1 24 | $294.4M | $63.0M |
| Q4 25 | 25.5% | 6.6% | ||
| Q3 25 | 25.9% | 13.5% | ||
| Q2 25 | 27.0% | 9.8% | ||
| Q1 25 | 24.4% | 10.5% | ||
| Q4 24 | 24.5% | 7.1% | ||
| Q3 24 | 29.8% | 10.2% | ||
| Q2 24 | 36.2% | 7.9% | ||
| Q1 24 | 34.8% | 9.1% |
| Q4 25 | 6.8% | 2.1% | ||
| Q3 25 | 2.6% | 2.5% | ||
| Q2 25 | 7.8% | 2.1% | ||
| Q1 25 | 8.2% | 2.9% | ||
| Q4 24 | 7.8% | 2.9% | ||
| Q3 24 | 4.1% | 3.2% | ||
| Q2 24 | 5.4% | 2.8% | ||
| Q1 24 | 6.2% | 3.1% |
| Q4 25 | — | 0.85× | ||
| Q3 25 | — | 1.67× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | 6.95× | 1.48× | ||
| Q2 24 | 8.95× | 1.21× | ||
| Q1 24 | 6.46× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRWD
| Subscription And Circulation | $1.2B | 95% |
| Professional Services | $65.5M | 5% |
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
