Filing Flows › Comparisons › SNOW vs CRWD
Snowflake vs CrowdStrike Holdings: SNOW and CRWD compared
Snowflake is the larger company: $1.5B of revenue in its latest quarter (Q2 FY27) against $1.5B for CrowdStrike Holdings (Q2 FY27). Snowflake is growing faster (+35% against +26% a year earlier). CrowdStrike Holdings is more profitable, with an operating margin of -2.3% against -17.0%.
Where the money goes: SNOW and CRWD
Snowflake (SNOW) · Q2 FY27
Snowflake, Q2 FY27: revenue $1.5B (+35% year over year), operating margin -17.0%, net loss $192M, operating cash flow $91.4M. The chart follows the revenue to costs, profit and cash.
CrowdStrike Holdings (CRWD) · Q2 FY27
CrowdStrike Holdings, Q2 FY27: revenue $1.5B (+26% year over year), operating margin -2.3%, net earnings $5.3M, operating cash flow $530M. The chart follows the revenue to costs, profit and cash.
| Snowflake (SNOW) | CrowdStrike Holdings (CRWD) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q2 FY27 |
| Revenue | $1.5B | $1.5B |
| Revenue growth, Y/Y | +35% | +26% |
| Operating margin | -17.0% | -2.3% |
| Net earnings | −$192M | $5.3M |
| Net margin | -12.4% | 0.4% |
| Operating cash flow | $91.4M | $530M |
| Free cash flow | $83.8M | $406M |
| Market value | $96.4B | $228.7B |
| Analysts’ mean target | $426.50 | $249.68 |
Where the revenue comes from
Snowflake
- Product revenue: $1.5B (96%)
- Professional services and other revenue: $54.9M (4%)
CrowdStrike Holdings
- Subscription: $1.4B (95%)
- Professional services: $70.6M (5%)
Questions
Which is bigger, Snowflake or CrowdStrike Holdings?
Snowflake is the larger company: $1.5B of revenue in its latest quarter (Q2 FY27) against $1.5B for CrowdStrike Holdings (Q2 FY27).
Is Snowflake or CrowdStrike Holdings growing faster?
Snowflake is growing faster (+35% against +26% a year earlier).
Which is more profitable, Snowflake or CrowdStrike Holdings?
CrowdStrike Holdings is more profitable, with an operating margin of -2.3% against -17.0%.
More: Snowflake earnings · how Snowflake makes money · CrowdStrike Holdings earnings · how CrowdStrike Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 4, 2026; 10-Q filed Aug 27, 2026). Fiscal quarters can end on different dates. Not investment advice.