CrowdStrike vs Palo Alto — EBITDA Comparison

CrowdStrike (CRWD) ebitda was $836M in FY2026 (+8% YoY); Palo Alto (PANW) ebitda was $2.9B in FY2025 (+41% YoY). The tables below show the complete quarterly and annual ebitda history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	CrowdStrike	Palo Alto
2026	$836M	—
2025	$771M	$2.9B
2024	$648M	$2.0B
2023	$353M	$1.8B
2022	$180M	$1.1B
2021	$59M	$883M
2020	-$66M	$692M
2019	-$116M	$687M
2018	-$118M	$496M
2017	—	$356M
2016	—	$278M
2015	—	$150M
2014	—	-$96M
2013	—	$35M
2012	—	$24M
2011	—	-$3M

CrowdStrike — Annual EBITDA

Fiscal Year	EBITDA	YoY
2026	$836M	+8%
2025	$771M	+19%
2024	$648M	+84%
2023	$353M	+96%
2022	$180M	+208%
2021	$59M	+189%
2020	-$66M	+43%
2019	-$116M	+2%
2018	-$118M

Palo Alto — Annual EBITDA

Fiscal Year	EBITDA	YoY
2025	$2.9B	+41%
2024	$2.0B	+16%
2023	$1.8B	+59%
2022	$1.1B	+25%
2021	$883M	+28%
2020	$692M	+1%
2019	$687M	+39%
2018	$496M	+39%
2017	$356M	+28%
2016	$278M	+85%
2015	$150M	+257%
2014	-$96M	-373%
2013	$35M	+47%
2012	$24M	+788%
2011	-$3M

Source: CRWD on EDGAR · PANW on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.