CrowdStrike Holdings, Inc. (CRWD)
CrowdStrike delivers cloud-native endpoint and cloud-workload cybersecurity through its Falcon platform.
CRWD vs CTSH: how the two businesses compare
CrowdStrike (CRWD) and Cognizant Technology Solutions (CTSH) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. The SEC places them in related industries (Services-Prepackaged Software; Services-Computer Programming Services), and both map to the Artificial intelligence research theme.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Information Technology
- Different
- Separate classifications
- Different
- CRWD January 31 · CTSH December 31
- Mar 5, 2026
CRWD vs CTSH: quick comparison
| Company fact | CRWD | CTSH |
|---|---|---|
| Company | CrowdStrike Holdings, Inc. | Cognizant Technology Solutions Corporation |
| Exchange | NASDAQ | NASDAQ |
| SEC industry | Services-Prepackaged Software | Services-Computer Programming Services |
| Fiscal year-end | January 31 | December 31 |
| Latest annual filing | 10-K · 2026-03-05 | 10-K · 2026-02-12 |
Where CRWD and CTSH overlap, and where they don't
Overlap
- Related SEC industries: both sit in SIC major group 73.
- Shared research theme: Artificial intelligence.
Differences
- Different four-digit SIC codes: CRWD is 7372 (Services-Prepackaged Software); CTSH is 7371 (Services-Computer Programming Services).
- Offset fiscal calendars: CRWD's year ends January 31 and CTSH's December 31, about 1 month apart.
- Only CTSH maps to International markets.
- CRWD reported a net loss of $161M in its fiscal year ended Jan 2026.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Cognizant Technology Solutions Corporation (CTSH)
Cognizant offers IT consulting, digital engineering, and outsourcing services with a large delivery workforce in India.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves CRWD
We have not yet published a company-specific driver list for CRWD. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-05.
What moves CTSH
We have not yet published a company-specific driver list for CTSH. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-12.
The investment question
You now know how CRWD and CTSH are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to artificial intelligence, and which evidence in the next filings would prove that assumption wrong.
Members-only research
What members are reading this month
- Issue 07: The Vote That Knocked Almost a Quarter off Data Center Stocks
Texas has frozen new data center approvals since the summer. The vote extends that freeze, but it cannot unplug campuses that already have power. We map who is exposed, test whether the sell-off overshot and say where the real risk sits.
- Citadel bought the AI fire sale. The seller had run out of time.
Up 439% in the first half, down about 67% in July: how an AI hedge fund ended up selling a roughly $16 billion stock book to Citadel at a discount.
The thesis, the numbers behind it, and what would break it. Full access is $39 a month.
Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. CRWD's fiscal year ends January 31, while CTSH's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 18 matched transaction rows for CRWD and 6 matched transaction rows for CTSH. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
CRWD primary filings
CTSH primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
CRWD vs CTSH FAQs
Are CRWD and CTSH direct competitors?
Not necessarily. CrowdStrike files as Services-Prepackaged Software and Cognizant Technology Solutions as Services-Computer Programming Services. The pair is compared because both map to the Artificial intelligence research theme, not because the filings show head-to-head competition.
Which is better, CRWD or CTSH?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this CRWD vs CTSH comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers CrowdStrike Holdings, Inc. and Cognizant Technology Solutions Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
CRWD vs CTSH compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
Members-only research
$39/mo or $249/yr · cancel future renewals anytime · sources included