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Side-by-side financial comparison of CrowdStrike (CRWD) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
CrowdStrike is the larger business by last-quarter revenue ($1.2B vs $625.1M, roughly 2.0× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -2.8%, a 16.1% gap on every dollar of revenue. On growth, CrowdStrike posted the faster year-over-year revenue change (22.2% vs 15.7%). CrowdStrike produced more free cash flow last quarter ($314.1M vs $140.3M). Over the past eight quarters, CrowdStrike's revenue compounded faster (20.8% CAGR vs 4.6%).
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...
CRWD vs WTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $625.1M |
| Net Profit | $-34.0M | $83.7M |
| Gross Margin | 75.1% | 49.5% |
| Operating Margin | -5.6% | 18.2% |
| Net Margin | -2.8% | 13.4% |
| Revenue YoY | 22.2% | 15.7% |
| Net Profit YoY | -102.1% | 24.0% |
| EPS (diluted) | $-0.14 | $2.50 |
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 | $625.1M | ||
| Q3 25 | $1.2B | $611.7M | ||
| Q2 25 | $1.1B | $643.7M | ||
| Q1 25 | $1.1B | $558.0M | ||
| Q4 24 | $1.0B | $540.4M | ||
| Q3 24 | $963.9M | $543.6M | ||
| Q2 24 | $921.0M | $597.3M | ||
| Q1 24 | $845.3M | $570.9M |
| Q4 25 | $-34.0M | $83.7M | ||
| Q3 25 | $-77.7M | $82.2M | ||
| Q2 25 | $-110.2M | $100.9M | ||
| Q1 25 | $-92.3M | $74.0M | ||
| Q4 24 | $-16.8M | $67.5M | ||
| Q3 24 | $47.0M | $69.1M | ||
| Q2 24 | $42.8M | $82.0M | ||
| Q1 24 | $53.7M | $72.6M |
| Q4 25 | 75.1% | 49.5% | ||
| Q3 25 | 73.5% | 48.8% | ||
| Q2 25 | 73.8% | 50.6% | ||
| Q1 25 | 74.1% | 48.8% | ||
| Q4 24 | 74.7% | 46.7% | ||
| Q3 24 | 75.4% | 47.3% | ||
| Q2 24 | 75.6% | 47.7% | ||
| Q1 24 | 75.3% | 46.9% |
| Q4 25 | -5.6% | 18.2% | ||
| Q3 25 | -9.7% | 18.2% | ||
| Q2 25 | -11.3% | 21.0% | ||
| Q1 25 | -8.1% | 15.7% | ||
| Q4 24 | -5.5% | 16.5% | ||
| Q3 24 | 1.4% | 17.1% | ||
| Q2 24 | 0.8% | 18.7% | ||
| Q1 24 | 3.5% | 16.9% |
| Q4 25 | -2.8% | 13.4% | ||
| Q3 25 | -6.6% | 13.4% | ||
| Q2 25 | -10.0% | 15.7% | ||
| Q1 25 | -8.7% | 13.3% | ||
| Q4 24 | -1.7% | 12.5% | ||
| Q3 24 | 4.9% | 12.7% | ||
| Q2 24 | 4.6% | 13.7% | ||
| Q1 24 | 6.4% | 12.7% |
| Q4 25 | $-0.14 | $2.50 | ||
| Q3 25 | $-0.31 | $2.45 | ||
| Q2 25 | $-0.44 | $3.01 | ||
| Q1 25 | $-0.37 | $2.21 | ||
| Q4 24 | $-0.07 | $2.02 | ||
| Q3 24 | $0.19 | $2.06 | ||
| Q2 24 | $0.17 | $2.44 | ||
| Q1 24 | $0.23 | $2.17 |
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 | $405.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.0B | $2.0B |
| Total Assets | $10.0B | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8B | $405.5M | ||
| Q3 25 | $5.0B | $457.7M | ||
| Q2 25 | $4.6B | $369.3M | ||
| Q1 25 | $4.3B | $336.8M | ||
| Q4 24 | $4.3B | $386.9M | ||
| Q3 24 | $4.0B | $303.9M | ||
| Q2 24 | $3.7B | $279.4M | ||
| Q1 24 | $3.5B | $237.1M |
| Q4 25 | $4.0B | $2.0B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $3.5B | $1.9B | ||
| Q1 25 | $3.3B | $1.8B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $2.9B | $1.7B | ||
| Q2 24 | $2.5B | $1.6B | ||
| Q1 24 | $2.3B | $1.6B |
| Q4 25 | $10.0B | $2.9B | ||
| Q3 25 | $9.3B | $2.7B | ||
| Q2 25 | $8.7B | $2.6B | ||
| Q1 25 | $8.7B | $2.5B | ||
| Q4 24 | $7.8B | $2.4B | ||
| Q3 24 | $7.2B | $2.4B | ||
| Q2 24 | $6.8B | $2.4B | ||
| Q1 24 | $6.6B | $2.3B |
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 | $154.7M |
| Free Cash FlowOCF − Capex | $314.1M | $140.3M |
| FCF MarginFCF / Revenue | 25.5% | 22.4% |
| Capex IntensityCapex / Revenue | 6.8% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $397.5M | $154.7M | ||
| Q3 25 | $332.8M | $122.4M | ||
| Q2 25 | $384.1M | $69.7M | ||
| Q1 25 | $345.7M | $55.2M | ||
| Q4 24 | $326.1M | $139.5M | ||
| Q3 24 | $326.6M | $90.7M | ||
| Q2 24 | $383.2M | $85.3M | ||
| Q1 24 | $347.0M | $45.6M |
| Q4 25 | $314.1M | $140.3M | ||
| Q3 25 | $302.3M | $110.9M | ||
| Q2 25 | $298.4M | $59.5M | ||
| Q1 25 | $258.5M | $45.6M | ||
| Q4 24 | $247.4M | $127.5M | ||
| Q3 24 | $287.4M | $84.3M | ||
| Q2 24 | $333.5M | $78.5M | ||
| Q1 24 | $294.4M | $35.5M |
| Q4 25 | 25.5% | 22.4% | ||
| Q3 25 | 25.9% | 18.1% | ||
| Q2 25 | 27.0% | 9.2% | ||
| Q1 25 | 24.4% | 8.2% | ||
| Q4 24 | 24.5% | 23.6% | ||
| Q3 24 | 29.8% | 15.5% | ||
| Q2 24 | 36.2% | 13.1% | ||
| Q1 24 | 34.8% | 6.2% |
| Q4 25 | 6.8% | 2.3% | ||
| Q3 25 | 2.6% | 1.9% | ||
| Q2 25 | 7.8% | 1.6% | ||
| Q1 25 | 8.2% | 1.7% | ||
| Q4 24 | 7.8% | 2.2% | ||
| Q3 24 | 4.1% | 1.2% | ||
| Q2 24 | 5.4% | 1.1% | ||
| Q1 24 | 6.2% | 1.8% |
| Q4 25 | — | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | 6.95× | 1.31× | ||
| Q2 24 | 8.95× | 1.04× | ||
| Q1 24 | 6.46× | 0.63× |
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% |
WTS
Segment breakdown not available.
