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Side-by-side financial comparison of CrowdStrike (CRWD) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× CrowdStrike). CrowdStrike runs the higher net margin — -2.8% vs -7.3%, a 4.5% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs 3.1%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $35.0M).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
CRWD vs LINE — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $-34.0M | $-100.0M |
| Gross Margin | 75.1% | 32.3% |
| Operating Margin | -5.6% | 2.5% |
| Net Margin | -2.8% | -7.3% |
| Revenue YoY | 22.2% | 3.1% |
| Net Profit YoY | -102.1% | 79.4% |
| EPS (diluted) | $-0.14 | $-0.44 |
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 | — | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $963.9M | $1.3B | ||
| Q2 24 | $921.0M | $1.3B | ||
| Q1 24 | $845.3M | $1.3B |
| Q4 25 | $-34.0M | — | ||
| Q3 25 | $-77.7M | $-100.0M | ||
| Q2 25 | $-110.2M | $-6.0M | ||
| Q1 25 | $-92.3M | $0 | ||
| Q4 24 | $-16.8M | $-71.0M | ||
| Q3 24 | $47.0M | $-485.0M | ||
| Q2 24 | $42.8M | $-68.0M | ||
| Q1 24 | $53.7M | $-40.0M |
| Q4 25 | 75.1% | — | ||
| Q3 25 | 73.5% | 32.3% | ||
| Q2 25 | 73.8% | 31.9% | ||
| Q1 25 | 74.1% | 32.2% | ||
| Q4 24 | 74.7% | 32.3% | ||
| Q3 24 | 75.4% | 32.8% | ||
| Q2 24 | 75.6% | 33.4% | ||
| Q1 24 | 75.3% | 33.4% |
| Q4 25 | -5.6% | — | ||
| Q3 25 | -9.7% | 2.5% | ||
| Q2 25 | -11.3% | 1.7% | ||
| Q1 25 | -8.1% | 4.3% | ||
| Q4 24 | -5.5% | -1.6% | ||
| Q3 24 | 1.4% | -38.6% | ||
| Q2 24 | 0.8% | 5.5% | ||
| Q1 24 | 3.5% | 7.6% |
| Q4 25 | -2.8% | — | ||
| Q3 25 | -6.6% | -7.3% | ||
| Q2 25 | -10.0% | -0.4% | ||
| Q1 25 | -8.7% | — | ||
| Q4 24 | -1.7% | -5.3% | ||
| Q3 24 | 4.9% | -36.3% | ||
| Q2 24 | 4.6% | -5.1% | ||
| Q1 24 | 6.4% | -3.0% |
| Q4 25 | $-0.14 | — | ||
| Q3 25 | $-0.31 | $-0.44 | ||
| Q2 25 | $-0.44 | $-0.03 | ||
| Q1 25 | $-0.37 | $0.01 | ||
| Q4 24 | $-0.07 | $-0.52 | ||
| Q3 24 | $0.19 | $-2.44 | ||
| Q2 24 | $0.17 | $-0.46 | ||
| Q1 24 | $0.23 | $-0.28 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.0B | $8.4B |
| Total Assets | $10.0B | $19.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.6B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.3B | $173.0M | ||
| Q3 24 | $4.0B | $409.0M | ||
| Q2 24 | $3.7B | $73.0M | ||
| Q1 24 | $3.5B | — |
| Q4 25 | $4.0B | — | ||
| Q3 25 | $3.8B | $8.4B | ||
| Q2 25 | $3.5B | $8.6B | ||
| Q1 25 | $3.3B | $8.6B | ||
| Q4 24 | $3.1B | $8.6B | ||
| Q3 24 | $2.9B | $9.0B | ||
| Q2 24 | $2.5B | $4.9B | ||
| Q1 24 | $2.3B | $5.6B |
| Q4 25 | $10.0B | — | ||
| Q3 25 | $9.3B | $19.2B | ||
| Q2 25 | $8.7B | $19.4B | ||
| Q1 25 | $8.7B | $18.8B | ||
| Q4 24 | $7.8B | $18.7B | ||
| Q3 24 | $7.2B | $19.3B | ||
| Q2 24 | $6.8B | $18.8B | ||
| Q1 24 | $6.6B | — |
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 | $230.0M |
| Free Cash FlowOCF − Capex | $314.1M | $35.0M |
| FCF MarginFCF / Revenue | 25.5% | 2.5% |
| Capex IntensityCapex / Revenue | 6.8% | 14.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $397.5M | — | ||
| Q3 25 | $332.8M | $230.0M | ||
| Q2 25 | $384.1M | $258.0M | ||
| Q1 25 | $345.7M | $139.0M | ||
| Q4 24 | $326.1M | — | ||
| Q3 24 | $326.6M | $186.0M | ||
| Q2 24 | $383.2M | $155.0M | ||
| Q1 24 | $347.0M | $105.0M |
| Q4 25 | $314.1M | — | ||
| Q3 25 | $302.3M | $35.0M | ||
| Q2 25 | $298.4M | $95.0M | ||
| Q1 25 | $258.5M | $-12.0M | ||
| Q4 24 | $247.4M | — | ||
| Q3 24 | $287.4M | $33.0M | ||
| Q2 24 | $333.5M | $-31.0M | ||
| Q1 24 | $294.4M | $-42.0M |
| Q4 25 | 25.5% | — | ||
| Q3 25 | 25.9% | 2.5% | ||
| Q2 25 | 27.0% | 7.0% | ||
| Q1 25 | 24.4% | -0.9% | ||
| Q4 24 | 24.5% | — | ||
| Q3 24 | 29.8% | 2.5% | ||
| Q2 24 | 36.2% | -2.3% | ||
| Q1 24 | 34.8% | -3.2% |
| Q4 25 | 6.8% | — | ||
| Q3 25 | 2.6% | 14.2% | ||
| Q2 25 | 7.8% | 12.1% | ||
| Q1 25 | 8.2% | 11.7% | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 4.1% | 11.5% | ||
| Q2 24 | 5.4% | 13.9% | ||
| Q1 24 | 6.2% | 11.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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
| Subscription And Circulation | $1.2B | 95% |
| Professional Services | $65.5M | 5% |
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
