cust.co / Compare / CrowdStrike vs Palo Alto Networks

CrowdStrike vs Palo Alto Networks - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Security. Both at Public stage.

CrowdStrike (CRWD)
115.0%
FY-2026 · Security
vs
Palo Alto Networks (PANW)
119.0%
FY2026-Q2 · Security
Palo Alto Networks leads by +4.0pp on latest NRR (119.0% vs 115.0%).

NRR over time

96%104%113%121%129% FY2019-Q4FY2021-Q4FY2022-Q3FY2023-Q4FY2025-Q3FY2026-Q4FY2026-Q2 NRR CrowdStrike Palo Alto Networks CrowdStrike — FY2019-Q4: 100% CrowdStrike — FY2021-Q2: 104% CrowdStrike — FY2021-Q3: 120% CrowdStrike — FY2021-Q4: 120% CrowdStrike — FY2022-Q1: 120% CrowdStrike — FY2022-Q2: 120% CrowdStrike — FY2022-Q3: 100% CrowdStrike — FY-2022: 124% CrowdStrike — FY2023-Q1: 120% CrowdStrike — FY2023-Q4: 120% CrowdStrike — FY2024-Q1: 125% CrowdStrike — FY2025-Q1: 119% CrowdStrike — FY2025-Q3: 115% CrowdStrike — FY-2025: 112% CrowdStrike — FY2025-Q4: 112% CrowdStrike — FY2026-Q4: 115% CrowdStrike — FY-2026: 115% Palo Alto Networks — FY2025-Q4: 120% Palo Alto Networks — FY2026-Q2: 119%

CrowdStrike hit a higher all-time peak (125.3% in FY2024-Q1).

Stat-by-stat

Metric CrowdStrike Palo Alto Networks
Latest NRR 115.0% 119.0%
All-time peak NRR 125.3% 120.0%
All-time low NRR 100.0% 119.0%
QoQ change +0.0pp -1.0pp
YoY change +0.0pp -
3-year change +15.0pp -
Disclosures tracked 17 2

How does your NRR stack up?

Compute yours in 30 seconds. Free percentile + shareable badge.

Open the calculator →