CrowdStrike premium rests on 24.3% LTM revenue growth despite -2.2% operating margin
CRWD•CrowdStrike’s 24.3% LTM revenue growth outpaced Fortinet’s 18.8%, while CrowdStrike had a -2.2% operating margin. The company raised fiscal 2027 revenue guidance to $5.99 billion–$6.01 billion, implying about 25% growth.
1. Growth and valuation
CrowdStrike’s 24.3% LTM revenue growth outpaced Fortinet’s 18.8%, despite a -2.2% operating margin. Its trailing P/E was 4,862.9, while Fortinet’s was 66.1 and its operating margin was 32.4%; CrowdStrike had gained 127.7% over 12 months.
2. Revenue outlook
Management cited fiscal Q2 2027 revenue growth of 26% for a fifth straight quarter, led by Falcon Flex subscription deals. CrowdStrike raised fiscal 2027 revenue guidance to $5.99 billion–$6.01 billion, implying about 25% growth from $4.8 billion in fiscal 2026.
