CrowdStrike vs Snyk: Revenue, Profit and Business Model
CrowdStrike had $4.8B of annual revenue in FY2026 and a net loss of $162.5M. Snyk had $309.2M of annual revenue in FY2025 and a net loss of $197.9M.
Latest financial snapshot
CrowdStrike
- Latest annual revenue
- $4.8B (FY2026)
- Net income
- -$162.5M
- Net margin
- -3.4%
- Revenue growth
- +58.8% a year, FY2018–FY2026
Snyk
- Latest annual revenue
- $309.2M (FY2025)
- Net income
- -$197.9M
- Net margin
- -64.0%
- Revenue growth
- +18.6% a year, FY2023–FY2025
Financial summary
CrowdStrike
CrowdStrike is a high-growth subscription business with strong cash generation but thin GAAP profits. Fiscal 2026 revenue was $4.81 billion, up about 22% from $3.95 billion. Ending ARR rose 24% to $5.25 billion, with a record $1.01 billion of net new ARR. Free cash flow reached $1.24 billion (26% of revenue), yet the GAAP net loss widened to $162.5 million because of stock-based compensation and outage-related costs. Growth accelerated in fiscal 2027: Q2 revenue was $1.47 billion (+26%), ARR reached $5.84 billion (+25%), and Q2 free cash flow was a record $377 million. Management raised its fiscal 2027 net new ARR growth outlook to 34% at the midpoint and keeps a long-term target of $10 billion in ending ARR by fiscal 2031. CrowdStrike is a dominant force in modern cybersecurity, boasting a massive market valuation that generally exceeds $70 billion.
Snyk
Snyk does not report quarterly results, but its UK statutory accounts give a yearly view. Revenue reached $278.4 million in 2024 and $309.2 million in 2025, an 11% increase that marked a sharp slowdown from 50% growth in 2023. The 2025 operating loss was $202.7 million and the net loss $197.9 million, up from $166.5 million in 2024. Cash, short-term investments and restricted cash totalled $291.3 million at the end of 2025, or $367.8 million including longer-term investments (down from $412.4 million). The company raised more than $1 billion as a private company, peaking at an $8.5 billion valuation in 2021 before a $196.5 million Series G at $7.4 billion in 2022.
Revenue and profit by year
CrowdStrike
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | $4.8B | -$162.5M | -3.4% | +21.7% | Source |
| FY2025 | $4B | -$15.2M | -0.4% | +29.4% | Source |
| FY2024 | $3.1B | $72.2M | 2.4% | +36.3% | Source |
| FY2023 | $2.2B | -$183.2M | -8.2% | +54.4% | Source |
| FY2022 | $1.5B | -$234.8M | -16.2% | +66.0% | Source |
| FY2021 | $874.4M | -$92.6M | -10.6% | +81.6% | Source |
| FY2020 | $481.4M | -$141.8M | -29.5% | +92.7% | Source |
| FY2019 | $249.8M | -$140.1M | -56.1% | +110.4% | Source |
| FY2018 | $118.8M | -$135.5M | -114.1% | — | Source |
Snyk
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $309.2M | -$197.9M | -64.0% | — | Source |
| FY2024 run-rate | $278.4M | -$166.5M | — | — | Source |
| FY2023 | $220M | — | — | — | Source |
Where the revenue comes from
CrowdStrike
- Subscription Revenue~95%
Recurring Falcon platform subscriptions across endpoint, identity, cloud, SIEM, exposure management, threat intelligence, and Falcon Complete managed services.
- Professional Services Revenue~5%
Incident response, forensic investigations, tabletop exercises, and security advisory engagements, which often lead to subscription sales.
Snyk
No segment breakdown is published.
Business model and strategy
CrowdStrike
How it makes money
CrowdStrike makes money mainly from subscriptions to its Falcon platform, which accounts for roughly 95% of revenue; the rest comes from professional services such as incident response. Customers deploy one sensor and pay per protected endpoint, workload, or identity, then add modules (EDR/XDR, identity protection, cloud security, Next-Gen SIEM, exposure management, Charlotte AI) without installing new software.
Growth strategy
CrowdStrike's growth strategy is to become the consolidation platform for the security operations center. Beyond endpoint protection, it is pushing Next-Gen SIEM, cloud security, identity protection, exposure management, and Charlotte AI agentic security workflows.
Competitive advantage
CrowdStrike's advantage comes from its single-agent, cloud-native architecture and the volume of telemetry it collects. One sensor supports dozens of modules, so customers can add new products without new deployments, and data from its large installed base feeds detection models and the Counter Adversary Operations intelligence team.
Snyk
How it makes money
Snyk sells subscription software (SaaS). A free tier for individual developers and open-source projects drives bottom-up adoption; paid Team and Enterprise plans are priced mainly by the number of contributing developers and the products used.
Growth strategy
Snyk is repositioning around securing AI-driven software development. It bought Zurich-based Invariant Labs in June 2025 to research threats to AI agents, such as Model Context Protocol (MCP) vulnerabilities and tool poisoning, and is building an AI-native security platform alongside its existing scanners.
Competitive advantage
Snyk's edge rests on developer adoption and workflow placement. Its tools run where developers already work (VS Code, JetBrains IDEs, GitHub, GitLab, Bitbucket, CI pipelines), open fix pull requests instead of only reporting issues, and draw on a vulnerability database curated by Snyk's own security research team. Being independent of any single code host or cloud lets it serve enterprises that use several of them.
Questions about CrowdStrike vs Snyk
Which company has higher revenue — CrowdStrike Holdings, Inc. or Snyk?
CrowdStrike Holdings, Inc. had $4.8B (FY2026), while Snyk had $309.2M (FY2025). By latest annual revenue, CrowdStrike Holdings, Inc. is the larger business, with Snyk showing a smaller revenue base. Note: these are from different fiscal years and are not a direct like-for-like comparison.
What is the market cap of CrowdStrike Holdings, Inc. vs Snyk?
CrowdStrike Holdings, Inc. has a market capitalisation of $269.0B. A public market cap figure for Snyk was not available (it may be privately held).
How does revenue per employee compare for CrowdStrike Holdings, Inc. and Snyk?
CrowdStrike Holdings, Inc. has $450k / employee in revenue per employee, while Snyk has $312k / employee. Headcounts may use different dates, so the ratio alone does not establish which business operates more efficiently.
How do CrowdStrike Holdings, Inc. and Snyk make money?
CrowdStrike Holdings, Inc. and Snyk generate revenue in fundamentally different ways. CrowdStrike Holdings, Inc.: CrowdStrike makes money mainly from subscriptions to its Falcon platform, which accounts for roughly 95% of revenue; the rest comes from professional services such as incident response. Snyk: Snyk sells subscription software (SaaS).
Is CrowdStrike Holdings, Inc. bigger than Snyk?
By last reported revenue, CrowdStrike Holdings, Inc. ($4.8B (FY2026)) is the larger company compared to Snyk ($309.2M (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the CrowdStrike vs Snyk overview