CrowdStrike Holdings, Inc. CRWD
Founded in 2011, CrowdStrike reinvented cybersecurity for the cloud and artificial intelligence ("AI") era and transformed the way cybersecurity is delivered and experienced by customers. When we started CrowdStrike, cyberattackers had an asymmetric advantage over legacy cybersecurity products that could not keep pace with rapid changes in adversary tactics, a dynamic that has intensified as adversaries increasingly leverage automation, identity abuse, and AI to operate at machine speed.
We took a fundamentally different approach to solve this problem with the AI-native CrowdStrike Falcon cybersecurity platform, which serves as the operating system for cybersecurity. CrowdStrike built the first, true, cloud-native platform with AI at the core, capable of harnessing vast amounts of security and enterprise data to drive real-time security decisions and response – stopping breaches at scale through a single lightweight sensor.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.81B | $3.95B | $3.06B | $2.24B | $1.45B | $874.4M | $481.4M | $249.8M | $118.8M | — |
| Cost of revenue | $1.22B | $990.2M | $758.9M | $601.2M | $383.2M | $229.5M | $141.6M | $87.2M | $54.5M | — |
| Gross profit | $3.59B | $2.96B | $2.30B | $1.64B | $1.07B | $644.9M | $339.8M | $162.6M | $64.3M | — |
| R&D | $1.38B | $1.08B | $780.3M | $608.4M | $371.3M | $214.7M | $130.2M | $84.6M | $58.9M | — |
| SG&A | $670.3M | $481.3M | $395.2M | $317.3M | $223.1M | $121.4M | $89.1M | $42.2M | $32.5M | — |
| Total operating expenses | $3.89B | $3.08B | $2.32B | $1.83B | $1.21B | $737.4M | $485.9M | $299.4M | $195.7M | — |
| Operating income | -$293.3M | -$116.4M | -$19.1M | -$190.1M | -$142.5M | -$92.5M | -$146.1M | -$136.9M | -$131.4M | — |
| Interest expense | $28.0M | $26.3M | $25.8M | $25.3M | $25.2M | $1.6M | $442.0K | $428.0K | $1.6M | — |
| Pre-tax income | -$127.0M | $58.6M | $105.7M | -$159.9M | -$160.0M | -$87.9M | -$139.8M | -$138.7M | -$134.6M | — |
| Income tax | $34.2M | $71.1M | $32.2M | $22.4M | $72.4M | $4.8M | $2.0M | $1.4M | $929.0K | — |
| Net income | -$161.2M | -$12.6M | $73.4M | -$182.3M | -$232.4M | -$92.6M | -$141.8M | -$140.1M | -$135.5M | — |
| EPS, basic | -0.65 | -0.06 | 0.30 | -0.79 | -1.03 | -0.43 | -0.96 | — | — | — |
| EPS, diluted | -0.65 | -0.06 | 0.30 | -0.79 | -1.03 | -0.43 | -0.96 | -3.12 | -3.38 | — |
| Shares, diluted (wtd. avg.) | 250.6M | 244.8M | 243.6M | 233.1M | 227.1M | 217.8M | 148.1M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.23B | $4.32B | $3.38B | $2.46B | $2.00B | $1.92B | $264.8M | $88.4M | $63.2M | $22.8M |
| Short-term investments | — | $0 | $99.6M | $250.0M | $0 | $0 | $647.3M | $103.2M | — | — |
| Receivables | $1.36B | $1.13B | $853.1M | $626.2M | $368.1M | $239.2M | $165.0M | $92.5M | — | — |
| Total current assets | $7.42B | $6.11B | $4.76B | $3.64B | $2.57B | $2.29B | $1.17B | $331.4M | — | — |
| Property, plant and equipment | $976.3M | $788.6M | $620.2M | $492.3M | $260.6M | $167.0M | $136.1M | $73.7M | — | — |
| Goodwill | $1.36B | $912.8M | $638.0M | $430.6M | $416.4M | $83.6M | $7.7M | $7.9M | — | — |
| Other intangibles | $136.7M | $133.1M | $114.5M | $86.9M | $97.3M | $15.7M | $527.0K | $1.0M | — | — |
| Total assets | $11.09B | $8.70B | $6.65B | $5.03B | $3.62B | $2.73B | $1.40B | $433.2M | — | — |
| Accounts payable | $105.3M | $130.9M | $28.2M | $45.4M | $47.6M | $12.1M | $1.3M | $6.9M | — | — |
| Total current liabilities | $4.18B | $3.46B | $2.70B | $2.11B | $1.41B | $863.6M | $493.1M | $281.4M | — | — |
| Long-term debt | $745.5M | $744.0M | $742.5M | $741.0M | $739.5M | $738.0M | $0 | — | — | — |
| Total liabilities | $6.61B | $5.38B | $4.31B | $3.54B | $2.58B | $1.86B | $662.3M | $363.1M | — | — |
| Retained earnings | -$1.28B | -$1.12B | -$1.06B | -$1.15B | -$964.9M | -$730.1M | -$637.5M | -$519.1M | — | — |
| Total equity | $4.43B | $3.28B | $2.34B | $1.49B | $1.04B | $871.9M | $742.6M | -$487.8M | -$369.5M | -$243.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.61B | $1.38B | $1.17B | $941.0M | $574.8M | $356.6M | $99.9M | -$23.0M | -$58.8M | — |
| Stock-based compensation | $1.10B | $861.4M | $648.7M | $526.5M | $310.0M | $149.7M | $79.9M | $20.5M | $12.3M | — |
| Capital expenditure | $302.1M | $254.9M | $176.5M | $235.0M | $112.1M | $52.8M | $80.2M | $35.9M | $22.9M | — |
| Investing cash flow | -$764.5M | -$536.6M | -$340.6M | -$556.7M | -$564.5M | $495.4M | -$629.6M | -$142.0M | -$28.3M | — |
| Financing cash flow | $132.5M | $107.2M | $93.2M | $77.4M | $72.5M | $800.1M | $706.1M | $190.4M | $126.8M | — |
| Buybacks | — | — | — | — | — | $0 | $0 | $2.3M | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-055599.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $118.8M | $249.8M | $481.4M | $874.4M | $1.45B | $2.24B | $3.06B | $3.95B | $4.81B |
| Gross profit | — | $64.3M | $162.6M | $339.8M | $644.9M | $1.07B | $1.64B | $2.30B | $2.96B | $3.59B |
| Net income | — | -$135.5M | -$140.1M | -$141.8M | -$92.6M | -$232.4M | -$182.3M | $73.4M | -$12.6M | -$161.2M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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