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Side-by-side financial comparison of CrowdStrike (CRWD) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.8× CrowdStrike). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs -2.8%, a 26.3% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs -36.8%). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs -11.9%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
CRWD vs RNR — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $2.2B |
| Net Profit | $-34.0M | $515.8M |
| Gross Margin | 75.1% | — |
| Operating Margin | -5.6% | — |
| Net Margin | -2.8% | 23.5% |
| Revenue YoY | 22.2% | -36.8% |
| Net Profit YoY | -102.1% | 72.6% |
| EPS (diluted) | $-0.14 | $6.57 |
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.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $1.1B | $3.2B | ||
| Q1 25 | $1.1B | $3.5B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $963.9M | $4.0B | ||
| Q2 24 | $921.0M | $2.8B |
| Q1 26 | — | $515.8M | ||
| Q4 25 | $-34.0M | $760.5M | ||
| Q3 25 | $-77.7M | $916.5M | ||
| Q2 25 | $-110.2M | $835.4M | ||
| Q1 25 | $-92.3M | $170.0M | ||
| Q4 24 | $-16.8M | $-189.7M | ||
| Q3 24 | $47.0M | $1.2B | ||
| Q2 24 | $42.8M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | 75.1% | — | ||
| Q3 25 | 73.5% | — | ||
| Q2 25 | 73.8% | — | ||
| Q1 25 | 74.1% | — | ||
| Q4 24 | 74.7% | — | ||
| Q3 24 | 75.4% | — | ||
| Q2 24 | 75.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | -5.6% | 42.5% | ||
| Q3 25 | -9.7% | 46.3% | ||
| Q2 25 | -11.3% | 41.8% | ||
| Q1 25 | -8.1% | -2.0% | ||
| Q4 24 | -5.5% | -3.6% | ||
| Q3 24 | 1.4% | 43.7% | ||
| Q2 24 | 0.8% | 25.0% |
| Q1 26 | — | 23.5% | ||
| Q4 25 | -2.8% | 25.6% | ||
| Q3 25 | -6.6% | 28.7% | ||
| Q2 25 | -10.0% | 26.1% | ||
| Q1 25 | -8.7% | 4.9% | ||
| Q4 24 | -1.7% | -8.3% | ||
| Q3 24 | 4.9% | 29.8% | ||
| Q2 24 | 4.6% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $-0.14 | $16.16 | ||
| Q3 25 | $-0.31 | $19.40 | ||
| Q2 25 | $-0.44 | $17.20 | ||
| Q1 25 | $-0.37 | $3.27 | ||
| Q4 24 | $-0.07 | $-3.76 | ||
| Q3 24 | $0.19 | $22.62 | ||
| Q2 24 | $0.17 | $9.41 |
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 | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.0B | $4.3B |
| Total Assets | $10.0B | $53.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $4.8B | $1.7B | ||
| Q3 25 | $5.0B | $1.7B | ||
| Q2 25 | $4.6B | $1.4B | ||
| Q1 25 | $4.3B | $1.6B | ||
| Q4 24 | $4.3B | $1.7B | ||
| Q3 24 | $4.0B | $1.6B | ||
| Q2 24 | $3.7B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $4.0B | $11.6B | ||
| Q3 25 | $3.8B | $11.5B | ||
| Q2 25 | $3.5B | $10.8B | ||
| Q1 25 | $3.3B | $10.3B | ||
| Q4 24 | $3.1B | $10.6B | ||
| Q3 24 | $2.9B | $11.2B | ||
| Q2 24 | $2.5B | $10.2B |
| Q1 26 | — | $53.7B | ||
| Q4 25 | $10.0B | $53.8B | ||
| Q3 25 | $9.3B | $54.5B | ||
| Q2 25 | $8.7B | $54.7B | ||
| Q1 25 | $8.7B | $53.6B | ||
| Q4 24 | $7.8B | $50.7B | ||
| Q3 24 | $7.2B | $52.8B | ||
| Q2 24 | $6.8B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — |
| Free Cash FlowOCF − Capex | $314.1M | — |
| FCF MarginFCF / Revenue | 25.5% | — |
| Capex IntensityCapex / Revenue | 6.8% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $397.5M | $483.0M | ||
| Q3 25 | $332.8M | $1.6B | ||
| Q2 25 | $384.1M | $1.5B | ||
| Q1 25 | $345.7M | $157.8M | ||
| Q4 24 | $326.1M | $778.9M | ||
| Q3 24 | $326.6M | $1.5B | ||
| Q2 24 | $383.2M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $314.1M | — | ||
| 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 26 | — | — | ||
| Q4 25 | 25.5% | — | ||
| 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 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.95× | 1.26× | ||
| Q2 24 | 8.95× | 2.41× |
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% |
RNR
Segment breakdown not available.
