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Side-by-side financial comparison of CrowdStrike (CRWD) and MODINE MANUFACTURING CO (MOD). Click either name above to swap in a different company.
CrowdStrike is the larger business by last-quarter revenue ($1.2B vs $805.0M, roughly 1.5× MODINE MANUFACTURING CO). CrowdStrike runs the higher net margin — -2.8% vs -5.9%, a 3.1% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 22.2%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $-17.1M). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs 15.5%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars. The company built the world's first vehicular wind tunnel in Racine, Wisconsin in 1941. During WWII, Modine manufactured aftercoolers for the P-51 Mustang fighter plane. After WWII, Modine introduced the Ai...
CRWD vs MOD — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $805.0M |
| Net Profit | $-34.0M | $-47.4M |
| Gross Margin | 75.1% | 23.1% |
| Operating Margin | -5.6% | 11.1% |
| Net Margin | -2.8% | -5.9% |
| Revenue YoY | 22.2% | 30.5% |
| Net Profit YoY | -102.1% | -215.6% |
| EPS (diluted) | $-0.14 | $-0.90 |
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 | $805.0M | ||
| Q3 25 | $1.2B | $738.9M | ||
| Q2 25 | $1.1B | $682.8M | ||
| Q1 25 | $1.1B | $647.2M | ||
| Q4 24 | $1.0B | $616.8M | ||
| Q3 24 | $963.9M | $658.0M | ||
| Q2 24 | $921.0M | $661.5M | ||
| Q1 24 | $845.3M | $603.5M |
| Q4 25 | $-34.0M | $-47.4M | ||
| Q3 25 | $-77.7M | $44.4M | ||
| Q2 25 | $-110.2M | $51.2M | ||
| Q1 25 | $-92.3M | $49.6M | ||
| Q4 24 | $-16.8M | $41.0M | ||
| Q3 24 | $47.0M | $46.1M | ||
| Q2 24 | $42.8M | $47.3M | ||
| Q1 24 | $53.7M | $25.8M |
| Q4 25 | 75.1% | 23.1% | ||
| Q3 25 | 73.5% | 22.3% | ||
| Q2 25 | 73.8% | 24.2% | ||
| Q1 25 | 74.1% | 25.6% | ||
| Q4 24 | 74.7% | 24.3% | ||
| Q3 24 | 75.4% | 25.2% | ||
| Q2 24 | 75.6% | 24.6% | ||
| Q1 24 | 75.3% | 22.4% |
| Q4 25 | -5.6% | 11.1% | ||
| Q3 25 | -9.7% | 9.9% | ||
| Q2 25 | -11.3% | 11.1% | ||
| Q1 25 | -8.1% | 11.5% | ||
| Q4 24 | -5.5% | 9.6% | ||
| Q3 24 | 1.4% | 11.4% | ||
| Q2 24 | 0.8% | 11.2% | ||
| Q1 24 | 3.5% | 7.8% |
| Q4 25 | -2.8% | -5.9% | ||
| Q3 25 | -6.6% | 6.0% | ||
| Q2 25 | -10.0% | 7.5% | ||
| Q1 25 | -8.7% | 7.7% | ||
| Q4 24 | -1.7% | 6.6% | ||
| Q3 24 | 4.9% | 7.0% | ||
| Q2 24 | 4.6% | 7.2% | ||
| Q1 24 | 6.4% | 4.3% |
| Q4 25 | $-0.14 | $-0.90 | ||
| Q3 25 | $-0.31 | $0.83 | ||
| Q2 25 | $-0.44 | $0.95 | ||
| Q1 25 | $-0.37 | $0.92 | ||
| Q4 24 | $-0.07 | $0.76 | ||
| Q3 24 | $0.19 | $0.86 | ||
| Q2 24 | $0.17 | $0.88 | ||
| Q1 24 | $0.23 | $0.48 |
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 | $98.7M |
| Total DebtLower is stronger | — | $570.7M |
| Stockholders' EquityBook value | $4.0B | $1.1B |
| Total Assets | $10.0B | $2.5B |
| Debt / EquityLower = less leverage | — | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8B | $98.7M | ||
| Q3 25 | $5.0B | $83.8M | ||
| Q2 25 | $4.6B | $124.5M | ||
| Q1 25 | $4.3B | $71.6M | ||
| Q4 24 | $4.3B | $83.8M | ||
| Q3 24 | $4.0B | $78.6M | ||
| Q2 24 | $3.7B | $72.9M | ||
| Q1 24 | $3.5B | $60.1M |
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $525.8M | ||
| Q2 25 | — | $482.1M | ||
| Q1 25 | — | $296.7M | ||
| Q4 24 | — | $330.0M | ||
| Q3 24 | — | $359.1M | ||
| Q2 24 | — | $405.7M | ||
| Q1 24 | — | $399.9M |
| Q4 25 | $4.0B | $1.1B | ||
| Q3 25 | $3.8B | $1.1B | ||
| Q2 25 | $3.5B | $1.0B | ||
| Q1 25 | $3.3B | $910.2M | ||
| Q4 24 | $3.1B | $855.1M | ||
| Q3 24 | $2.9B | $858.8M | ||
| Q2 24 | $2.5B | $788.4M | ||
| Q1 24 | $2.3B | $747.6M |
| Q4 25 | $10.0B | $2.5B | ||
| Q3 25 | $9.3B | $2.4B | ||
| Q2 25 | $8.7B | $2.2B | ||
| Q1 25 | $8.7B | $1.9B | ||
| Q4 24 | $7.8B | $1.8B | ||
| Q3 24 | $7.2B | $1.9B | ||
| Q2 24 | $6.8B | $1.9B | ||
| Q1 24 | $6.6B | $1.9B |
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.53× |
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 | $24.7M |
| Free Cash FlowOCF − Capex | $314.1M | $-17.1M |
| FCF MarginFCF / Revenue | 25.5% | -2.1% |
| Capex IntensityCapex / Revenue | 6.8% | 5.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $-20.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $397.5M | $24.7M | ||
| Q3 25 | $332.8M | $1.4M | ||
| Q2 25 | $384.1M | $27.7M | ||
| Q1 25 | $345.7M | $54.8M | ||
| Q4 24 | $326.1M | $60.7M | ||
| Q3 24 | $326.6M | $57.3M | ||
| Q2 24 | $383.2M | $40.5M | ||
| Q1 24 | $347.0M | $39.6M |
| Q4 25 | $314.1M | $-17.1M | ||
| Q3 25 | $302.3M | $-30.5M | ||
| Q2 25 | $298.4M | $200.0K | ||
| Q1 25 | $258.5M | $27.1M | ||
| Q4 24 | $247.4M | $44.7M | ||
| Q3 24 | $287.4M | $43.8M | ||
| Q2 24 | $333.5M | $13.7M | ||
| Q1 24 | $294.4M | $-4.3M |
| Q4 25 | 25.5% | -2.1% | ||
| Q3 25 | 25.9% | -4.1% | ||
| Q2 25 | 27.0% | 0.0% | ||
| Q1 25 | 24.4% | 4.2% | ||
| Q4 24 | 24.5% | 7.2% | ||
| Q3 24 | 29.8% | 6.7% | ||
| Q2 24 | 36.2% | 2.1% | ||
| Q1 24 | 34.8% | -0.7% |
| Q4 25 | 6.8% | 5.2% | ||
| Q3 25 | 2.6% | 4.3% | ||
| Q2 25 | 7.8% | 4.0% | ||
| Q1 25 | 8.2% | 4.3% | ||
| Q4 24 | 7.8% | 2.6% | ||
| Q3 24 | 4.1% | 2.1% | ||
| Q2 24 | 5.4% | 4.1% | ||
| Q1 24 | 6.2% | 7.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.54× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 6.95× | 1.24× | ||
| Q2 24 | 8.95× | 0.86× | ||
| Q1 24 | 6.46× | 1.53× |
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% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
