vs
Side-by-side financial comparison of CrowdStrike (CRWD) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× CrowdStrike). SEALED AIR CORP runs the higher net margin — 3.1% vs -2.8%, a 5.9% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs 2.6%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $257.7M). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs 2.7%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
CRWD vs SEE — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $-34.0M | $43.8M |
| Gross Margin | 75.1% | 28.6% |
| Operating Margin | -5.6% | 11.4% |
| Net Margin | -2.8% | 3.1% |
| Revenue YoY | 22.2% | 2.6% |
| Net Profit YoY | -102.1% | 700.0% |
| EPS (diluted) | $-0.14 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $963.9M | $1.3B | ||
| Q2 24 | $921.0M | $1.3B | ||
| Q1 24 | $845.3M | $1.3B |
| Q4 25 | $-34.0M | $43.8M | ||
| Q3 25 | $-77.7M | $255.1M | ||
| Q2 25 | $-110.2M | $93.1M | ||
| Q1 25 | $-92.3M | $113.5M | ||
| Q4 24 | $-16.8M | $-7.3M | ||
| Q3 24 | $47.0M | $91.7M | ||
| Q2 24 | $42.8M | $98.3M | ||
| Q1 24 | $53.7M | $82.0M |
| Q4 25 | 75.1% | 28.6% | ||
| Q3 25 | 73.5% | 29.8% | ||
| Q2 25 | 73.8% | 30.7% | ||
| Q1 25 | 74.1% | 30.9% | ||
| Q4 24 | 74.7% | 30.0% | ||
| Q3 24 | 75.4% | 30.1% | ||
| Q2 24 | 75.6% | 31.2% | ||
| Q1 24 | 75.3% | 30.3% |
| Q4 25 | -5.6% | 11.4% | ||
| Q3 25 | -9.7% | 13.8% | ||
| Q2 25 | -11.3% | 15.0% | ||
| Q1 25 | -8.1% | 14.5% | ||
| Q4 24 | -5.5% | 11.7% | ||
| Q3 24 | 1.4% | 13.9% | ||
| Q2 24 | 0.8% | 15.4% | ||
| Q1 24 | 3.5% | 14.0% |
| Q4 25 | -2.8% | 3.1% | ||
| Q3 25 | -6.6% | 19.0% | ||
| Q2 25 | -10.0% | 7.0% | ||
| Q1 25 | -8.7% | 9.0% | ||
| Q4 24 | -1.7% | -0.5% | ||
| Q3 24 | 4.9% | 6.9% | ||
| Q2 24 | 4.6% | 7.4% | ||
| Q1 24 | 6.4% | 6.2% |
| Q4 25 | $-0.14 | $0.30 | ||
| Q3 25 | $-0.31 | $1.73 | ||
| Q2 25 | $-0.44 | $0.63 | ||
| Q1 25 | $-0.37 | $0.77 | ||
| Q4 24 | $-0.07 | $-0.05 | ||
| Q3 24 | $0.19 | $0.63 | ||
| Q2 24 | $0.17 | $0.67 | ||
| Q1 24 | $0.23 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $4.0B | $1.2B |
| Total Assets | $10.0B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8B | $344.0M | ||
| Q3 25 | $5.0B | $282.5M | ||
| Q2 25 | $4.6B | $354.4M | ||
| Q1 25 | $4.3B | $335.2M | ||
| Q4 24 | $4.3B | $371.8M | ||
| Q3 24 | $4.0B | $386.0M | ||
| Q2 24 | $3.7B | $388.6M | ||
| Q1 24 | $3.5B | $352.8M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $3.8B | $1.2B | ||
| Q2 25 | $3.5B | $953.1M | ||
| Q1 25 | $3.3B | $797.9M | ||
| Q4 24 | $3.1B | $624.5M | ||
| Q3 24 | $2.9B | $771.2M | ||
| Q2 24 | $2.5B | $650.1M | ||
| Q1 24 | $2.3B | $598.3M |
| Q4 25 | $10.0B | $7.0B | ||
| Q3 25 | $9.3B | $7.1B | ||
| Q2 25 | $8.7B | $7.2B | ||
| Q1 25 | $8.7B | $7.0B | ||
| Q4 24 | $7.8B | $7.0B | ||
| Q3 24 | $7.2B | $7.3B | ||
| Q2 24 | $6.8B | $7.3B | ||
| Q1 24 | $6.6B | $7.2B |
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $314.1M | $257.7M |
| FCF MarginFCF / Revenue | 25.5% | 18.5% |
| Capex IntensityCapex / Revenue | 6.8% | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $397.5M | $293.6M | ||
| Q3 25 | $332.8M | $165.9M | ||
| Q2 25 | $384.1M | $136.6M | ||
| Q1 25 | $345.7M | $31.9M | ||
| Q4 24 | $326.1M | $244.2M | ||
| Q3 24 | $326.6M | $170.5M | ||
| Q2 24 | $383.2M | $188.2M | ||
| Q1 24 | $347.0M | $125.1M |
| Q4 25 | $314.1M | $257.7M | ||
| Q3 25 | $302.3M | $119.6M | ||
| Q2 25 | $298.4M | $93.2M | ||
| Q1 25 | $258.5M | $-12.0M | ||
| Q4 24 | $247.4M | $185.1M | ||
| Q3 24 | $287.4M | $115.2M | ||
| Q2 24 | $333.5M | $129.5M | ||
| Q1 24 | $294.4M | $78.0M |
| Q4 25 | 25.5% | 18.5% | ||
| Q3 25 | 25.9% | 8.9% | ||
| Q2 25 | 27.0% | 7.0% | ||
| Q1 25 | 24.4% | -0.9% | ||
| Q4 24 | 24.5% | 13.6% | ||
| Q3 24 | 29.8% | 8.6% | ||
| Q2 24 | 36.2% | 9.7% | ||
| Q1 24 | 34.8% | 5.9% |
| Q4 25 | 6.8% | 2.6% | ||
| Q3 25 | 2.6% | 3.4% | ||
| Q2 25 | 7.8% | 3.3% | ||
| Q1 25 | 8.2% | 3.5% | ||
| Q4 24 | 7.8% | 4.4% | ||
| Q3 24 | 4.1% | 4.1% | ||
| Q2 24 | 5.4% | 4.4% | ||
| Q1 24 | 6.2% | 3.6% |
| Q4 25 | — | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.95× | 1.86× | ||
| Q2 24 | 8.95× | 1.91× | ||
| 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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
