CrowdStrike vs Palo Alto — Stock-Based Compensation Comparison

CrowdStrike (CRWD) stock-based compensation was $1.1B in FY2026 (+27% YoY); Palo Alto (PANW) stock-based compensation was $1.3B in FY2025 (+21% YoY). The tables below show the complete quarterly and annual stock-based compensation history, sourced from SEC EDGAR 10-K and 10-Q filings.

Fiscal Year	CrowdStrike	Palo Alto
2026	$1.1B	—
2025	$861M	$1.3B
2024	$649M	$1.1B
2023	$527M	$1.1B
2022	$310M	$1.0B
2021	$150M	$927M
2020	$80M	$664M
2019	$21M	$588M
2018	$12M	$504M
2017	—	$476M
2016	—	$393M
2015	—	$221M
2014	—	$100M
2013	—	$44M
2012	—	$14M
2011	—	$5M

CrowdStrike — Annual Stock-Based Compensation

Fiscal Year	Stock-Based Compensation	YoY
2026	$1.1B	+27%
2025	$861M	+33%
2024	$649M	+23%
2023	$527M	+70%
2022	$310M	+107%
2021	$150M	+87%
2020	$80M	+290%
2019	$21M	+66%
2018	$12M

Palo Alto — Annual Stock-Based Compensation

Fiscal Year	Stock-Based Compensation	YoY
2025	$1.3B	+21%
2024	$1.1B	-1%
2023	$1.1B	+7%
2022	$1.0B	+9%
2021	$927M	+39%
2020	$664M	+13%
2019	$588M	+17%
2018	$504M	+6%
2017	$476M	+21%
2016	$393M	+77%
2015	$221M	+122%
2014	$100M	+128%
2013	$44M	+215%
2012	$14M	+194%
2011	$5M

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