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Side-by-side financial comparison of CrowdStrike (CRWD) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
CrowdStrike is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× MARRIOTT VACATIONS WORLDWIDE Corp). CrowdStrike runs the higher net margin — 3.1% vs -35.0%, a 38.1% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (23.3% vs -0.7%). CrowdStrike produced more free cash flow last quarter ($376.4M vs $-6.0M). Over the past eight quarters, CrowdStrike's revenue compounded faster (19.0% CAGR vs 5.2%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
CRWD vs VAC — Head-to-Head
Income Statement — Q1 FY2027 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.2B |
| Net Profit | $40.8M | $-431.0M |
| Gross Margin | 75.8% | — |
| Operating Margin | 23.7% | — |
| Net Margin | 3.1% | -35.0% |
| Revenue YoY | 23.3% | -0.7% |
| Net Profit YoY | 424.5% | -962.0% |
| EPS (diluted) | $0.15 | $-12.00 |
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 | $1.3B | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $963.9M | $1.2B | ||
| Q2 24 | $921.0M | $1.1B |
| Q1 26 | $40.8M | — | ||
| Q4 25 | $-34.0M | $-431.0M | ||
| Q3 25 | $-77.7M | $-2.0M | ||
| Q2 25 | $-110.2M | $69.0M | ||
| Q1 25 | $-92.3M | $56.0M | ||
| Q4 24 | $-16.8M | $50.0M | ||
| Q3 24 | $47.0M | $84.0M | ||
| Q2 24 | $42.8M | $37.0M |
| Q1 26 | 75.8% | — | ||
| 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 | 23.7% | — | ||
| Q4 25 | -5.6% | — | ||
| Q3 25 | -9.7% | — | ||
| Q2 25 | -11.3% | — | ||
| Q1 25 | -8.1% | — | ||
| Q4 24 | -5.5% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 0.8% | — |
| Q1 26 | 3.1% | — | ||
| Q4 25 | -2.8% | -35.0% | ||
| Q3 25 | -6.6% | -0.2% | ||
| Q2 25 | -10.0% | 6.0% | ||
| Q1 25 | -8.7% | 5.0% | ||
| Q4 24 | -1.7% | 4.0% | ||
| Q3 24 | 4.9% | 6.9% | ||
| Q2 24 | 4.6% | 3.5% |
| Q1 26 | $0.15 | — | ||
| Q4 25 | $-0.14 | $-12.00 | ||
| Q3 25 | $-0.31 | $-0.07 | ||
| Q2 25 | $-0.44 | $1.77 | ||
| Q1 25 | $-0.37 | $1.46 | ||
| Q4 24 | $-0.07 | $1.29 | ||
| Q3 24 | $0.19 | $2.12 | ||
| Q2 24 | $0.17 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.2B | $406.0M |
| Total DebtLower is stronger | $745.5M | — |
| Stockholders' EquityBook value | $4.5B | $2.0B |
| Total Assets | $11.1B | $9.8B |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $5.2B | — | ||
| Q4 25 | $4.8B | $406.0M | ||
| Q3 25 | $5.0B | $474.0M | ||
| Q2 25 | $4.6B | $205.0M | ||
| Q1 25 | $4.3B | $196.0M | ||
| Q4 24 | $4.3B | $197.0M | ||
| Q3 24 | $4.0B | $197.0M | ||
| Q2 24 | $3.7B | $206.0M |
| Q1 26 | $745.5M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.0B | $2.0B | ||
| Q3 25 | $3.8B | $2.5B | ||
| Q2 25 | $3.5B | $2.5B | ||
| Q1 25 | $3.3B | $2.4B | ||
| Q4 24 | $3.1B | $2.4B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $2.5B | $2.4B |
| Q1 26 | $11.1B | — | ||
| Q4 25 | $10.0B | $9.8B | ||
| Q3 25 | $9.3B | $10.1B | ||
| Q2 25 | $8.7B | $9.9B | ||
| Q1 25 | $8.7B | $9.9B | ||
| Q4 24 | $7.8B | $9.8B | ||
| Q3 24 | $7.2B | $9.7B | ||
| Q2 24 | $6.8B | $9.6B |
| Q1 26 | 0.17× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $1.6B | $6.0M |
| Free Cash FlowOCF − Capex | $376.4M | $-6.0M |
| FCF MarginFCF / Revenue | 28.8% | -0.5% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | 39.54× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $397.5M | $6.0M | ||
| Q3 25 | $332.8M | $62.0M | ||
| Q2 25 | $384.1M | $-48.0M | ||
| Q1 25 | $345.7M | $8.0M | ||
| Q4 24 | $326.1M | $100.0M | ||
| Q3 24 | $326.6M | $72.0M | ||
| Q2 24 | $383.2M | $30.0M |
| Q1 26 | $376.4M | — | ||
| Q4 25 | $314.1M | $-6.0M | ||
| Q3 25 | $302.3M | $51.0M | ||
| Q2 25 | $298.4M | $-68.0M | ||
| Q1 25 | $258.5M | $-6.0M | ||
| Q4 24 | $247.4M | $86.0M | ||
| Q3 24 | $287.4M | $58.0M | ||
| Q2 24 | $333.5M | $17.0M |
| Q1 26 | 28.8% | — | ||
| Q4 25 | 25.5% | -0.5% | ||
| Q3 25 | 25.9% | 4.3% | ||
| Q2 25 | 27.0% | -5.9% | ||
| Q1 25 | 24.4% | -0.5% | ||
| Q4 24 | 24.5% | 6.9% | ||
| Q3 24 | 29.8% | 4.8% | ||
| Q2 24 | 36.2% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 1.0% | ||
| Q3 25 | 2.6% | 0.9% | ||
| Q2 25 | 7.8% | 1.7% | ||
| Q1 25 | 8.2% | 1.3% | ||
| Q4 24 | 7.8% | 1.1% | ||
| Q3 24 | 4.1% | 1.1% | ||
| Q2 24 | 5.4% | 1.2% |
| Q1 26 | 39.54× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.70× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | — | 2.00× | ||
| Q3 24 | 6.95× | 0.86× | ||
| Q2 24 | 8.95× | 0.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRWD
| Subscription | $1.2B | 95% |
| Other | $63.1M | 5% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
