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Side-by-side financial comparison of CrowdStrike (CRWD) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
CrowdStrike is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.2× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 3.1%, a 28.5% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 23.3%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 19.0%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
CRWD vs VIRT — Head-to-Head
Income Statement — Q1 FY2027 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.1B |
| Net Profit | $40.8M | $346.6M |
| Gross Margin | 75.8% | — |
| Operating Margin | 23.7% | 37.4% |
| Net Margin | 3.1% | 31.6% |
| Revenue YoY | 23.3% | 30.7% |
| Net Profit YoY | 424.5% | 82.8% |
| EPS (diluted) | $0.15 | $1.99 |
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 | $1.1B | ||
| Q4 25 | $1.2B | $969.9M | ||
| Q3 25 | $1.2B | $824.8M | ||
| Q2 25 | $1.1B | $999.6M | ||
| Q1 25 | $1.1B | $837.9M | ||
| Q4 24 | $1.0B | $834.3M | ||
| Q3 24 | $963.9M | $706.8M | ||
| Q2 24 | $921.0M | $693.0M |
| Q1 26 | $40.8M | $346.6M | ||
| Q4 25 | $-34.0M | $139.9M | ||
| Q3 25 | $-77.7M | $77.6M | ||
| Q2 25 | $-110.2M | $151.2M | ||
| Q1 25 | $-92.3M | $99.7M | ||
| Q4 24 | $-16.8M | $94.1M | ||
| Q3 24 | $47.0M | $60.0M | ||
| Q2 24 | $42.8M | $66.6M |
| 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% | 37.4% | ||
| Q4 25 | -5.6% | 35.4% | ||
| Q3 25 | -9.7% | 21.8% | ||
| Q2 25 | -11.3% | 34.7% | ||
| Q1 25 | -8.1% | 26.7% | ||
| Q4 24 | -5.5% | 24.3% | ||
| Q3 24 | 1.4% | 20.8% | ||
| Q2 24 | 0.8% | 22.4% |
| Q1 26 | 3.1% | 31.6% | ||
| Q4 25 | -2.8% | 14.4% | ||
| Q3 25 | -6.6% | 9.4% | ||
| Q2 25 | -10.0% | 15.1% | ||
| Q1 25 | -8.7% | 11.9% | ||
| Q4 24 | -1.7% | 11.3% | ||
| Q3 24 | 4.9% | 8.5% | ||
| Q2 24 | 4.6% | 9.6% |
| Q1 26 | $0.15 | $1.99 | ||
| Q4 25 | $-0.14 | $1.54 | ||
| Q3 25 | $-0.31 | $0.86 | ||
| Q2 25 | $-0.44 | $1.65 | ||
| Q1 25 | $-0.37 | $1.08 | ||
| Q4 24 | $-0.07 | $1.03 | ||
| Q3 24 | $0.19 | $0.64 | ||
| Q2 24 | $0.17 | $0.71 |
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 | $973.2M |
| Total DebtLower is stronger | $745.5M | — |
| Stockholders' EquityBook value | $4.5B | $2.2B |
| Total Assets | $11.1B | $25.1B |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $5.2B | $973.2M | ||
| Q4 25 | $4.8B | $1.1B | ||
| Q3 25 | $5.0B | $707.9M | ||
| Q2 25 | $4.6B | $752.1M | ||
| Q1 25 | $4.3B | $723.6M | ||
| Q4 24 | $4.3B | $872.5M | ||
| Q3 24 | $4.0B | $701.4M | ||
| Q2 24 | $3.7B | $684.8M |
| Q1 26 | $745.5M | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | $4.5B | $2.2B | ||
| Q4 25 | $4.0B | $1.6B | ||
| Q3 25 | $3.8B | $1.5B | ||
| Q2 25 | $3.5B | $1.4B | ||
| Q1 25 | $3.3B | $1.3B | ||
| Q4 24 | $3.1B | $1.3B | ||
| Q3 24 | $2.9B | $1.2B | ||
| Q2 24 | $2.5B | $1.2B |
| Q1 26 | $11.1B | $25.1B | ||
| Q4 25 | $10.0B | $20.2B | ||
| Q3 25 | $9.3B | $21.3B | ||
| Q2 25 | $8.7B | $19.3B | ||
| Q1 25 | $8.7B | $17.5B | ||
| Q4 24 | $7.8B | $15.4B | ||
| Q3 24 | $7.2B | $14.4B | ||
| Q2 24 | $6.8B | $13.9B |
| Q1 26 | 0.17× | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | — |
| Free Cash FlowOCF − Capex | $376.4M | — |
| FCF MarginFCF / Revenue | 28.8% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 39.54× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $397.5M | $518.4M | ||
| Q3 25 | $332.8M | $-68.7M | ||
| Q2 25 | $384.1M | $62.8M | ||
| Q1 25 | $345.7M | $15.0M | ||
| Q4 24 | $326.1M | $599.0M | ||
| Q3 24 | $326.6M | $112.1M | ||
| Q2 24 | $383.2M | $490.8M |
| Q1 26 | $376.4M | — | ||
| Q4 25 | $314.1M | $495.6M | ||
| Q3 25 | $302.3M | $-76.7M | ||
| Q2 25 | $298.4M | $57.6M | ||
| Q1 25 | $258.5M | $9.2M | ||
| Q4 24 | $247.4M | $586.6M | ||
| Q3 24 | $287.4M | $106.2M | ||
| Q2 24 | $333.5M | $486.9M |
| Q1 26 | 28.8% | — | ||
| Q4 25 | 25.5% | 51.1% | ||
| Q3 25 | 25.9% | -9.3% | ||
| Q2 25 | 27.0% | 5.8% | ||
| Q1 25 | 24.4% | 1.1% | ||
| Q4 24 | 24.5% | 70.3% | ||
| Q3 24 | 29.8% | 15.0% | ||
| Q2 24 | 36.2% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 2.4% | ||
| Q3 25 | 2.6% | 1.0% | ||
| Q2 25 | 7.8% | 0.5% | ||
| Q1 25 | 8.2% | 0.7% | ||
| Q4 24 | 7.8% | 1.5% | ||
| Q3 24 | 4.1% | 0.8% | ||
| Q2 24 | 5.4% | 0.6% |
| Q1 26 | 39.54× | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | — | -0.89× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 6.37× | ||
| Q3 24 | 6.95× | 1.87× | ||
| Q2 24 | 8.95× | 7.37× |
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
