Head-to-head · free
CrowdStrike vs Palo Alto Networks
CRWD vs PANW — return on capital, cash generation, margins and balance sheet side by side.
CRWD
1 / 5
measures where CRWD leads
PANW
4 / 5
measures where PANW leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | CRWD · FY2026 | PANW · FY2026 |
|---|---|---|
| Revenue | — | $11.5B |
| Net income | (162.5M) | $307.0M |
| Revenue growth (yearly, multi-year) | — | 20.2% |
| Free cash flow | $1.3B | — |
| Free cash flow margin | — | — |
| Net cash / (debt) | — | — |
| ROIC | — | 2.1% |
| Return on equity | -4.2% | 1.7% |
| Gross margin | 74.7% | 70.4% |
| Operating margin | -6.1% | 6.1% |
| Net debt / EBITDA | 378.74x | -0.48x |
Figures are as reported by each company; latest fiscal year shown.
Where CrowdStrike's cash went (FY2026)
- Capital spending
- $302.1M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Where Palo Alto Networks's cash went (FY2026)
- Capital spending
- —
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free