CrowdStrike (CRWD) Financials

$438.30 +15.69 (+3.71%)

As of 03:28 PM Eastern

Annual Income Statements for CrowdStrike

This table shows CrowdStrike's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-141	-140	-142	-93	-235	-183	89	-19
Consolidated Net Income / (Loss)	-135	-140	-142	-93	-232	-182	91	-17
Net Income / (Loss) Continuing Operations	-135	-140	-142	-93	-232	-182	91	-17
Total Pre-Tax Income	-135	-139	-140	-88	-160	-160	123	55
Total Operating Income	-131	-137	-146	-93	-143	-190	-2.00	-120
Total Gross Profit	64	163	340	645	1,068	1,640	2,300	2,962
Total Revenue	119	250	481	874	1,452	2,241	3,056	3,954
Operating Revenue	119	250	481	874	1,452	2,241	3,056	3,954
Total Cost of Revenue	54	87	142	230	383	601	756	991
Operating Cost of Revenue	54	87	142	230	383	601	756	991
Total Operating Expenses	196	299	486	737	1,211	1,830	2,302	3,083
Selling, General & Admin Expense	33	42	89	121	223	317	393	482
Marketing Expense	104	173	267	401	617	904	1,141	1,523
Research & Development Expense	59	85	130	215	371	608	768	1,077
Total Other Income / (Expense), net	-3.12	-1.85	6.28	4.66	-17	30	125	175
Interest Expense	1.65	0.43	0.44	1.56	25	25	26	26
Interest & Investment Income	-	-	-	4.97	3.79	52	149	196
Other Income / (Expense), net	-1.47	-1.42	6.73	1.25	3.97	3.05	1.64	5.10
Income Tax Expense	0.93	1.37	2.00	4.76	72	22	32	71
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	0.00	0.00	2.42	0.96	1.26	2.68
Basic Earnings per Share	($3.38)	($3.12)	($0.96)	($0.43)	($1.03)	($0.79)	$0.37	($0.08)
Weighted Average Basic Shares Outstanding	41.88M	44.86M	148.06M	217.76M	227.14M	233.14M	238.64M	244.75M
Diluted Earnings per Share	($3.38)	($3.12)	($0.96)	($0.43)	($1.03)	($0.79)	$0.37	($0.08)
Weighted Average Diluted Shares Outstanding	41.88M	44.86M	148.06M	217.76M	227.14M	233.14M	243.64M	244.75M
Weighted Average Basic & Diluted Shares Outstanding	41.88M	44.86M	148.06M	217.76M	217.76M	235.86M	241.87M	247.87M

This table shows CrowdStrike's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-47	0.49	8.47	27	54	43	47	-17	-92	-110	-78
Consolidated Net Income / (Loss)	-49	0.50	8.48	27	55	46	47	-17	-93	-111	-78
Net Income / (Loss) Continuing Operations	-49	0.50	8.48	27	55	46	47	-17	-93	-111	-78
Total Pre-Tax Income	-44	4.91	13	36	69	54	58	-11	-46	-90	-72
Total Operating Income	-62	-19	-15	3.16	30	6.94	14	-56	-85	-125	-113
Total Gross Profit	462	523	549	591	637	696	726	755	785	814	859
Total Revenue	637	693	732	786	845	921	964	1,010	1,059	1,103	1,169
Operating Revenue	637	693	732	786	845	921	964	1,010	1,059	1,103	1,169
Total Cost of Revenue	176	169	183	195	209	225	237	255	274	289	310
Operating Cost of Revenue	176	169	183	195	209	225	237	255	274	289	310
Total Operating Expenses	523	543	564	588	607	689	713	811	870	939	972
Selling, General & Admin Expense	85	83	102	106	103	104	106	127	145	165	178
Marketing Expense	246	281	283	286	290	350	355	408	410	440	447
Research & Development Expense	192	179	179	196	214	235	251	276	315	334	347
Total Other Income / (Expense), net	18	24	28	33	39	47	44	45	39	35	41
Interest Expense	6.35	6.39	6.44	6.50	6.42	6.51	6.55	6.59	6.66	6.72	6.82
Interest & Investment Income	27	31	37	40	42	46	52	52	47	45	51
Other Income / (Expense), net	-2.78	0.23	-1.73	-0.47	3.62	7.66	-1.03	-0.43	-1.10	-3.90	-2.72
Income Tax Expense	5.31	4.41	4.61	9.60	14	7.67	11	6.28	46	21	5.97
Net Income / (Loss) Attributable to Noncontrolling Interest	-1.45	0.01	0.00	0.00	1.24	3.44	-0.32	0.00	-0.45	-0.79	0.03
Basic Earnings per Share	($0.20)	$0.00	$0.04	$0.11	$0.22	$0.18	$0.19	($0.07)	($0.38)	($0.44)	($0.31)
Weighted Average Basic Shares Outstanding	233.14M	236.41M	237.91M	239.30M	238.64M	242.39M	244.09M	245.54M	244.75M	248.43M	249.91M
Diluted Earnings per Share	($0.20)	$0.00	$0.03	$0.11	$0.23	$0.17	$0.19	($0.07)	($0.37)	($0.44)	($0.31)
Weighted Average Diluted Shares Outstanding	233.14M	240.60M	242.14M	243.80M	243.64M	250.16M	251.27M	245.54M	244.75M	248.43M	249.91M
Weighted Average Basic & Diluted Shares Outstanding	235.86M	237.11M	238.79M	240.14M	247.87M	243.36M	245.13M	246.31M	247.87M	249.25M	250.96M

This table details how cash moves in and out of CrowdStrike's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Net Change in Cash & Equivalents	40	25	176	1,654	78	460	921	947
Net Cash From Operating Activities	-59	-23	100	357	575	941	1,166	1,382
Net Cash From Continuing Operating Activities	-59	-23	100	357	575	941	1,166	1,382
Net Income / (Loss) Continuing Operations	-135	-140	-142	-93	-232	-182	91	-17
Consolidated Net Income / (Loss)	-135	-140	-142	-93	-232	-182	91	-17
Depreciation Expense	7.11	15	23	39	56	77	127	188
Amortization Expense	13	28	35	68	127	187	255	347
Non-Cash Adjustments To Reconcile Net Income	14	25	86	157	317	527	632	863
Changes in Operating Assets and Liabilities, net	42	49	98	185	308	332	62	-0.24
Net Cash From Investing Activities	-28	-142	-630	495	-565	-557	-341	-537
Net Cash From Continuing Investing Activities	-28	-142	-630	495	-565	-557	-341	-537
Purchase of Property, Plant & Equipment	-29	-43	-87	-64	-133	-264	-226	-314
Acquisitions	-6.78	0.00	-1.00	-86	-415	-21	-250	-310
Purchase of Investments	-9.56	-199	-780	-86	-16	-272	-215	-22
Sale and/or Maturity of Investments	17	100	239	731	0.00	0.00	350	110
Net Cash From Financing Activities	127	190	706	800	73	77	93	107
Net Cash From Continuing Financing Activities	127	190	706	800	73	77	93	107
Repayment of Debt	-17	-26	0.00	-3.33	-1.80	-1.59	0.00	0.00
Payment of Dividends	-	-	-	-	-	0.00	0.00	-4.89
Issuance of Common Equity	0.00	0.00	688	35	58	70	84	108
Other Financing Activities, net	3.33	1.78	18	29	16	8.66	8.70	3.98
Other Net Changes in Cash	-	-	-0.07	-	-	-1.50	1.96	-5.28
Cash Interest Paid	1.65	0.45	0.01	0.02	13	23	23	23
Cash Income Taxes Paid	0.11	1.39	1.86	1.73	75	12	23	19

This table details how cash moves in and out of CrowdStrike's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2025	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025
Net Change in Cash & Equivalents	-11	375	338	-198	433	328	335	222	62	291	358
Net Cash From Operating Activities	273	301	245	274	563	383	327	326	346	384	333
Net Cash From Continuing Operating Activities	273	301	245	274	563	383	327	326	346	384	333
Net Income / (Loss) Continuing Operations	-49	0.50	8.48	27	-52	46	47	-17	-93	-111	-78
Consolidated Net Income / (Loss)	-49	0.50	8.48	27	-52	46	47	-17	-93	-111	-78
Depreciation Expense	24	26	30	34	98	43	46	49	50	56	60
Amortization Expense	53	59	62	63	163	82	80	86	98	111	115
Non-Cash Adjustments To Reconcile Net Income	155	132	172	164	396	180	204	221	263	256	289
Changes in Operating Assets and Liabilities, net	90	83	-27	-14	-42	31	-50	-13	27	72	-54
Net Cash From Investing Activities	-319	66	42	-469	-176	-51	-55	-106	-325	-102	-49
Net Cash From Continuing Investing Activities	-319	66	42	-469	-176	-51	-55	-106	-325	-102	-49
Purchase of Property, Plant & Equipment	-64	-73	-55	-34	-151	-60	-54	-95	-105	-103	-48
Purchase of Investments	-254	-11	-2.25	-196	187	-2.27	-1.64	-11	-7.91	-1.83	-2.35
Sale and/or Maturity of Investments	-	150	100	-	-140	108	0.53	-	1.68	3.19	1.36
Net Cash From Financing Activities	29	7.91	50	2.05	48	-2.52	62	0.84	46	2.13	74
Net Cash From Continuing Financing Activities	29	7.91	50	2.05	48	-2.52	62	0.84	46	2.13	74
Payment of Dividends	-	0.00	-	-	-4.89	-3.84	-0.24	-	-0.81	0.00	-2.16
Issuance of Common Equity	27	5.26	48	-	55	0.50	61	-	47	1.50	75
Other Financing Activities, net	2.26	2.65	1.47	2.05	-2.20	0.82	1.64	0.84	0.68	0.63	1.72
Other Net Changes in Cash	5.58	-0.19	-	-	-	-	0.88	-	-	6.55	0.05
Cash Income Taxes Paid	5.17	3.38	6.61	7.92	1.11	7.59	2.66	3.95	4.83	17	9.01

This table presents CrowdStrike's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025
Total Assets	433	1,405	2,733	3,618	5,027	6,647	8,702
Total Current Assets	331	1,172	2,292	2,571	3,640	4,757	6,113
Cash & Equivalents	88	265	1,919	1,997	2,455	3,375	4,323
Accounts Receivable	92	165	239	368	626	853	1,129
Prepaid Expenses	18	52	54	79	122	183	314
Other Current Assets	29	43	81	127	187	246	347
Plant, Property, & Equipment, net	74	136	167	261	492	620	789
Total Noncurrent Assets	28	97	273	787	894	1,269	1,800
Long-Term Investments	0.00	-	2.50	24	47	56	73
Goodwill	7.95	7.72	84	416	431	638	913
Intangible Assets	1.05	0.53	16	97	87	115	133
Other Noncurrent Operating Assets	19	89	172	249	329	460	681
Total Liabilities & Shareholders' Equity	433	1,405	2,733	3,618	5,027	6,647	8,702
Total Liabilities	363	662	1,861	2,581	3,539	4,309	5,383
Total Current Liabilities	281	493	864	1,407	2,109	2,697	3,461
Accounts Payable	6.86	1.35	12	48	45	28	131
Accrued Expenses	33	30	51	83	138	126	191
Current Deferred Revenue	219	413	702	1,137	1,727	2,271	2,733
Current Employee Benefit Liabilities	19	37	72	105	169	235	319
Other Current Liabilities	4.04	12	26	35	30	38	87
Total Noncurrent Liabilities	82	169	997	1,174	1,430	1,612	1,922
Long-Term Debt	-	0.00	738	740	741	742	744
Noncurrent Deferred Revenue	71	158	210	393	628	783	996
Other Noncurrent Operating Liabilities	10	11	49	42	61	86	182
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-488	743	872	1,038	1,487	2,337	3,319
Total Preferred & Common Equity	-488	742	871	1,026	1,464	2,304	3,279
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-488	742	871	1,026	1,464	2,304	3,279
Common Stock	31	1,379	1,598	1,992	2,613	3,364	4,367
Retained Earnings	-519	-637	-730	-965	-1,148	-1,059	-1,078
Accumulated Other Comprehensive Income / (Loss)	0.10	1.01	2.32	-1.24	-1.02	-1.66	-9.59
Noncontrolling Interest	0.00	0.50	1.30	12	24	33	39

This table presents CrowdStrike's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	4/30/2025	7/31/2025
Total Assets	4,469	5,027	5,138	5,520	5,831	6,647	6,842	7,202	7,783	8,720	9,289
Total Current Assets	3,204	3,640	3,709	4,050	4,079	4,757	4,842	5,182	5,572	6,071	6,534
Cash & Equivalents	2,467	2,455	2,830	3,167	2,969	3,375	3,702	4,039	4,260	4,614	4,972
Accounts Receivable	485	626	461	539	562	853	703	661	814	809	887
Prepaid Expenses	89	122	131	147	142	183	192	231	204	296	303
Other Current Assets	162	187	187	197	209	246	245	251	294	352	373
Plant, Property, & Equipment, net	430	492	524	562	581	620	627	648	747	826	869
Total Noncurrent Assets	836	894	905	908	1,171	1,269	1,373	1,372	1,464	1,823	1,885
Long-Term Investments	46	47	58	60	60	56	58	58	68	71	72
Goodwill	430	431	431	431	638	638	722	722	722	913	913
Intangible Assets	90	87	83	79	109	115	122	116	109	125	118
Other Noncurrent Operating Assets	270	329	334	339	364	460	471	476	564	713	782
Total Liabilities & Shareholders' Equity	4,469	5,027	5,138	5,520	5,831	6,647	6,842	7,202	7,783	8,720	9,289
Total Liabilities	3,132	3,539	3,503	3,650	3,770	4,309	4,273	4,312	4,687	5,229	5,494
Total Current Liabilities	1,817	2,109	2,080	2,229	2,350	2,697	2,684	2,728	3,000	3,283	3,476
Accounts Payable	89	45	17	37	57	28	21	21	79	16	121
Accrued Expenses	89	138	91	122	146	126	102	101	177	167	211
Current Deferred Revenue	1,483	1,727	1,788	1,894	1,943	2,271	2,309	2,348	2,363	2,747	2,781
Current Employee Benefit Liabilities	123	169	151	138	170	235	217	205	325	287	300
Other Current Liabilities	33	30	32	37	35	38	34	52	56	66	64
Total Noncurrent Liabilities	1,315	1,430	1,423	1,421	1,420	1,612	1,590	1,584	1,687	1,947	2,018
Long-Term Debt	741	741	741	742	742	742	743	743	744	744	745
Noncurrent Deferred Revenue	532	628	615	614	600	783	760	745	833	1,024	1,054
Other Noncurrent Operating Liabilities	42	61	67	66	77	86	87	96	110	178	220
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,338	1,487	1,634	1,870	2,061	2,337	2,569	2,891	3,096	3,491	3,795
Total Preferred & Common Equity	1,314	1,464	1,605	1,838	2,029	2,304	2,536	2,853	3,058	3,451	3,757
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,314	1,464	1,605	1,838	2,029	2,304	2,536	2,853	3,058	3,451	3,757
Common Stock	2,424	2,613	2,753	2,976	3,147	3,364	3,556	3,825	4,046	4,633	5,017
Retained Earnings	-1,101	-1,148	-1,148	-1,139	-1,113	-1,059	-1,016	-969	-986	-1,188	-1,266
Accumulated Other Comprehensive Income / (Loss)	-9.18	-1.02	0.14	0.91	-5.28	-1.66	-4.76	-3.10	-2.03	5.86	6.00
Noncontrolling Interest	23	24	29	32	32	33	33	38	38	40	38

This table displays calculated financial ratios and metrics derived from CrowdStrike's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	1/31/2018	1/31/2019	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2025	1/31/2025
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	110.37%	92.70%	81.64%	66.00%	54.40%	76.40%	29.39%
EBITDA Growth	0.00%	15.35%	14.44%	119.46%	177.74%	75.81%	441.20%	10.02%
EBIT Growth	0.00%	-4.04%	-0.77%	34.49%	-51.82%	-34.98%	38.35%	-32,205.04%
NOPAT Growth	0.00%	-4.13%	-6.72%	36.65%	-54.06%	-33.37%	127.54%	2,590.75%
Net Income Growth	0.00%	-3.39%	-1.22%	34.67%	-150.87%	21.56%	90.90%	-118.32%
EPS Growth	0.00%	7.69%	69.23%	55.21%	-139.53%	23.30%	89.87%	-121.62%
Operating Cash Flow Growth	0.00%	60.92%	535.14%	256.77%	61.20%	63.71%	46.83%	18.48%
Free Cash Flow Firm Growth	0.00%	0.00%	-311.12%	241.70%	-318.09%	188.17%	-204.46%	-9.93%
Invested Capital Growth	0.00%	0.00%	-39.43%	-83.65%	21.88%	-115.63%	36.49%	26.23%
Revenue Q/Q Growth	0.00%	0.00%	-21.59%	56.87%	12.92%	10.14%	38.84%	5.70%
EBITDA Q/Q Growth	0.00%	0.00%	8.84%	333.95%	59.94%	-17.94%	65.72%	-15.82%
EBIT Q/Q Growth	0.00%	0.00%	2.09%	7.91%	-3.38%	-26.90%	-17.77%	-2,748.81%
NOPAT Q/Q Growth	0.00%	0.00%	0.07%	14.21%	-5.73%	-24.95%	-68.47%	968.57%
Net Income Q/Q Growth	0.00%	0.00%	1.97%	9.22%	-10.85%	-4.11%	-24.89%	-112.66%
EPS Q/Q Growth	0.00%	0.00%	46.37%	0.00%	0.00%	-2.60%	-33.33%	-115.38%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	101.32%	15.69%	8.55%	13.73%	26.48%	-0.09%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	38.71%	-51.86%	53.03%	-247.90%	-231.48%
Invested Capital Q/Q Growth	0.00%	0.00%	-45.27%	-25.67%	-5.03%	-20.59%	21.28%	31.96%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	54.12%	65.08%	70.58%	73.75%	73.60%	73.17%	74.92%	74.92%
EBITDA Margin	-94.90%	-38.18%	-16.95%	1.82%	3.04%	3.46%	10.62%	10.62%
Operating Margin	-110.68%	-54.78%	-30.34%	-10.58%	-9.82%	-8.48%	-3.05%	-3.05%
EBIT Margin	-111.92%	-55.35%	-28.94%	-10.44%	-9.55%	-8.35%	-2.92%	-2.92%
Profit (Net Income) Margin	-114.09%	-56.07%	-29.45%	-10.59%	-16.01%	-8.13%	-0.42%	-0.42%
Tax Burden Percent	100.69%	100.99%	101.43%	105.42%	145.22%	114.01%	-30.43%	-30.43%
Interest Burden Percent	101.24%	100.31%	100.32%	96.27%	115.47%	85.47%	-47.29%	-47.29%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	130.43%	130.43%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-199.77%	-34.89%	-11.47%	-24.34%	-14.44%	-0.69%	-0.59%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-31.92%	-15.16%	-4.41%	-4.36%	-4.33%	-1.68%	-1.50%
Return on Assets (ROA)	0.00%	-32.33%	-15.43%	-4.48%	-7.32%	-4.22%	-0.24%	-0.22%
Return on Common Equity (ROCE)	0.00%	1,389.73%	-10.92%	-11.46%	-24.17%	-14.23%	-0.68%	-0.58%
Return on Equity Simple (ROE_SIMPLE)	0.00%	28.72%	-19.10%	-10.64%	-22.65%	-12.45%	-0.51%	0.00%
Net Operating Profit after Tax (NOPAT)	-92	-96	-102	-65	-100	-133	37	37
NOPAT Margin	-77.48%	-38.35%	-21.24%	-7.41%	-6.87%	-5.94%	0.93%	0.93%
Net Nonoperating Expense Percent (NNEP)	0.00%	-46.20%	-7.16%	-2.66%	-10.76%	-2.99%	-1.88%	-1.65%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-5.97%	0.90%	0.90%
Cost of Revenue to Revenue	45.88%	34.92%	29.42%	26.25%	26.40%	26.83%	25.08%	25.08%
SG&A Expenses to Revenue	27.40%	16.90%	18.50%	13.89%	15.37%	14.16%	12.20%	12.20%
R&D to Revenue	49.59%	33.84%	27.04%	24.55%	25.58%	27.14%	27.24%	27.24%
Operating Expenses to Revenue	164.80%	119.86%	100.92%	84.33%	83.42%	81.66%	77.97%	77.97%
Earnings before Interest and Taxes (EBIT)	-133	-138	-139	-91	-139	-187	-115	-115
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-113	-95	-82	16	44	78	420	420
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	16.92	54.85	40.39	16.96	29.90	29.90
Price to Tangible Book Value (P/TBV)	0.00	0.00	17.11	61.90	80.92	26.24	43.90	43.90
Price to Revenue (P/Rev)	5.15	2.45	26.08	54.61	28.54	11.08	24.80	24.80
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	3.92	24.19	53.25	27.67	10.19	23.89	23.89
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	2,931.87	910.35	294.41	224.98	224.98
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	2,576.74	2,576.74
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	116.52	130.60	69.87	24.27	68.35	68.35
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	38.02	0.00	604.94	0.00	154.27	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.85	0.71	0.50	0.22	0.22
Long-Term Debt to Equity	0.00	0.00	0.00	0.85	0.71	0.50	0.22	0.22
Financial Leverage	0.00	-2.73	-1.36	-1.30	-1.29	-1.30	-1.18	-1.14
Leverage Ratio	0.00	6.18	2.26	2.56	3.33	3.42	2.86	2.71
Compound Leverage Factor	0.00	6.20	2.27	2.47	3.84	2.93	-1.35	-1.28
Debt to Total Capital	0.00%	0.00%	0.00%	45.84%	41.61%	33.25%	18.31%	18.31%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	45.84%	41.61%	33.25%	18.31%	18.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	795.66%	0.07%	0.08%	0.67%	1.07%	0.97%	0.97%
Common Equity to Total Capital	0.00%	-695.66%	99.93%	54.08%	57.72%	65.68%	80.72%	80.72%
Debt to EBITDA	0.00	0.00	0.00	46.47	16.76	9.55	1.77	1.77
Net Debt to EBITDA	0.00	0.00	0.00	-74.49	-29.03	-25.94	-8.70	-8.70
Long-Term Debt to EBITDA	0.00	0.00	0.00	46.47	16.76	9.55	1.77	1.77
Debt to NOPAT	0.00	0.00	0.00	-11.39	-7.41	-5.57	20.30	20.30
Net Debt to NOPAT	0.00	0.00	0.00	18.27	12.84	15.12	-99.64	-99.64
Long-Term Debt to NOPAT	0.00	0.00	0.00	-11.39	-7.41	-5.57	20.30	20.30
Altman Z-Score	0.00	-1.00	11.34	15.86	9.92	4.58	11.53	11.53
Noncontrolling Interest Sharing Ratio	0.00%	795.66%	68.71%	0.11%	0.69%	1.41%	1.32%	1.28%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.18	2.38	2.65	1.83	1.73	1.77	1.77
Quick Ratio	0.00	1.01	2.18	2.50	1.68	1.58	1.58	1.58
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	26	-54	77	-168	148	-155	-82
Operating Cash Flow to CapEx	-199.56%	-53.86%	114.24%	560.08%	432.14%	356.29%	440.29%	440.29%
Free Cash Flow to Firm to Interest Expense	0.00	60.12	-122.91	49.38	-6.65	5.85	-5.88	-3.11
Operating Cash Flow to Interest Expense	-35.66	-53.66	226.12	228.71	22.78	37.17	52.52	52.52
Operating Cash Flow Less CapEx to Interest Expense	-53.53	-153.30	28.18	187.88	17.51	26.73	40.59	40.59
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.58	0.52	0.42	0.46	0.52	0.58	0.52
Accounts Receivable Turnover	0.00	2.70	3.74	4.33	4.78	4.51	4.51	3.99
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	3.39	4.59	5.77	6.79	5.95	6.17	5.61
Accounts Payable Turnover	0.00	12.73	34.54	34.23	12.84	12.93	11.25	12.47
Days Sales Outstanding (DSO)	0.00	135.11	97.60	84.36	76.36	80.97	81.00	91.47
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	28.68	10.57	10.66	28.43	28.23	32.44	29.28
Cash Conversion Cycle (CCC)	0.00	106.43	87.04	73.69	47.93	52.73	48.56	62.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	-122	-169	-311	-243	-524	-333	-333
Invested Capital Turnover	0.00	-4.11	-3.31	-3.64	-5.24	-5.84	-9.23	-10.08
Increase / (Decrease) in Invested Capital	0.00	-122	-48	-142	68	-281	191	118
Enterprise Value (EV)	0.00	978	11,645	46,567	40,159	22,834	94,437	94,437
Market Capitalization	612	612	12,557	47,749	41,428	24,822	98,049	98,049
Book Value per Share	$0.00	($10.87)	$3.61	$3.93	$4.47	$6.24	$13.31	$13.31
Tangible Book Value per Share	$0.00	($11.07)	$3.57	$3.49	$2.23	$4.04	$9.07	$9.07
Total Capital	0.00	70	743	1,610	1,777	2,228	4,063	4,063
Total Debt	0.00	0.00	0.00	738	740	741	744	744
Total Long-Term Debt	0.00	0.00	0.00	738	740	741	744	744
Net Debt	0.00	-192	-912	-1,183	-1,281	-2,012	-3,652	-3,652
Capital Expenditures (CapEx)	29	43	87	64	133	264	314	314
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-142	-234	-490	-833	-1,174	-1,671	-1,671
Debt-free Net Working Capital (DFNWC)	0.00	50	679	1,429	1,164	1,531	2,652	2,652
Net Working Capital (NWC)	0.00	50	679	1,429	1,164	1,531	2,652	2,652
Net Nonoperating Expense (NNE)	43	44	40	28	133	49	53	53
Net Nonoperating Obligations (NNO)	0.00	-192	-912	-1,183	-1,281	-2,012	-3,652	-3,652
Total Depreciation and Amortization (D&A)	20	43	58	107	183	265	535	535
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-56.71%	-48.51%	-56.02%	-57.35%	-52.39%	-42.27%	-42.27%
Debt-free Net Working Capital to Revenue	0.00%	20.00%	140.95%	163.39%	80.20%	68.32%	67.09%	67.09%
Net Working Capital to Revenue	0.00%	20.00%	140.95%	163.39%	80.20%	68.32%	67.09%	67.09%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($3.38)	($3.12)	($0.96)	($0.43)	$0.00	($0.79)	($0.08)	($0.08)
Adjusted Weighted Average Basic Shares Outstanding	41.88M	44.86M	213.21M	223.88M	0.00	233.14M	244.75M	244.75M
Adjusted Diluted Earnings per Share	($3.38)	($3.12)	($0.96)	($0.43)	$0.00	($0.79)	($0.08)	($0.08)
Adjusted Weighted Average Diluted Shares Outstanding	41.88M	44.86M	213.21M	223.88M	0.00	233.14M	244.75M	244.75M
Adjusted Basic & Diluted Earnings per Share	($3.38)	($3.12)	($0.96)	($0.43)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	41.88M	44.86M	148.06M	217.76M	0.00	235.86M	247.87M	247.87M
Normalized Net Operating Profit after Tax (NOPAT)	-92	-96	-102	-65	-100	-133	-84	-84
Normalized NOPAT Margin	-77.48%	-38.35%	-21.24%	-7.41%	-6.87%	-5.94%	-2.13%	-2.13%
Pre Tax Income Margin	-113.31%	-55.52%	-29.04%	-10.05%	-11.02%	-7.13%	1.38%	1.38%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-80.65	-323.09	-315.25	-58.55	-5.49	-7.39	-4.38	-4.38
NOPAT to Interest Expense	-55.83	-223.84	-231.32	-41.55	-3.95	-5.26	1.39	1.39
EBIT Less CapEx to Interest Expense	-98.52	-422.73	-513.18	-99.38	-10.76	-17.82	-16.31	-16.31
NOPAT Less CapEx to Interest Expense	-73.70	-323.48	-429.26	-82.38	-9.23	-15.69	-10.53	-10.53
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-29.47%	-29.47%
Augmented Payout Ratio	0.00%	-1.66%	0.00%	0.00%	0.00%	0.00%	-29.47%	-29.47%

This table displays calculated financial ratios and metrics derived from CrowdStrike's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	47.88%	41.97%	36.71%	35.31%	32.63%	32.99%	31.74%	28.52%	25.22%	19.80%	21.28%
EBITDA Growth	-56.93%	86.03%	338.65%	732.59%	2,194.21%	109.49%	86.93%	-20.61%	-55.92%	-72.50%	-57.26%
EBIT Growth	-161.05%	13.31%	61.92%	104.83%	151.78%	175.90%	173.81%	-2,188.21%	-359.55%	-980.98%	-1,016.30%
NOPAT Growth	-161.32%	88.17%	70.56%	105.89%	155.24%	400.79%	211.19%	-1,777.25%	-351.09%	-1,566.55%	-814.39%
Net Income Growth	-17.23%	101.64%	117.54%	148.82%	212.28%	9,171.34%	450.85%	-163.07%	-268.78%	-339.91%	-266.30%
EPS Growth	-11.11%	100.00%	114.29%	145.83%	0.00%	0.00%	533.33%	-163.64%	-260.87%	-358.82%	-263.16%
Operating Cash Flow Growth	71.11%	39.98%	16.61%	12.63%	105.84%	27.36%	33.44%	19.24%	-0.37%	0.23%	1.90%
Free Cash Flow Firm Growth	381.46%	38.22%	25.88%	-105.73%	-170.36%	-154.91%	-160.18%	391.57%	-262.73%	44.88%	74.06%
Invested Capital Growth	-115.63%	-88.53%	-65.82%	2.70%	36.49%	26.58%	24.71%	-15.69%	26.23%	-0.20%	-9.19%
Revenue Q/Q Growth	9.72%	8.66%	5.64%	7.43%	7.55%	8.96%	4.65%	4.80%	4.79%	4.24%	5.94%
EBITDA Q/Q Growth	7.37%	419.87%	11.47%	33.82%	195.85%	-0.96%	-0.54%	-43.17%	-21.26%	-38.22%	54.59%
EBIT Q/Q Growth	-15.47%	70.09%	11.02%	115.72%	1,137.90%	-56.16%	-13.47%	-544.70%	-53.86%	-48.79%	10.00%
NOPAT Q/Q Growth	-9.00%	95.41%	-403.34%	123.36%	922.56%	-74.98%	86.06%	-452.35%	-53.08%	-46.14%	9.37%
Net Income Q/Q Growth	10.43%	101.02%	1,598.60%	214.64%	106.01%	-15.79%	0.92%	-136.02%	-451.35%	-19.69%	30.05%
EPS Q/Q Growth	16.67%	100.00%	0.00%	266.67%	0.00%	-26.09%	11.76%	-136.84%	-428.57%	-18.92%	29.55%
Operating Cash Flow Q/Q Growth	12.54%	10.10%	-18.65%	11.74%	105.67%	10.44%	-14.77%	-0.15%	6.01%	11.10%	-13.35%
Free Cash Flow Firm Q/Q Growth	45.39%	19.86%	-17.95%	-104.01%	-1,683.72%	-219.07%	10.07%	119.43%	-750.52%	51.52%	57.68%
Invested Capital Q/Q Growth	-20.59%	-16.71%	-0.50%	31.21%	21.28%	0.47%	-3.06%	-5.70%	31.96%	-35.20%	-12.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.45%	75.57%	75.00%	75.19%	75.33%	75.57%	75.37%	74.75%	74.12%	73.80%	73.46%
EBITDA Margin	2.01%	9.63%	10.16%	12.65%	34.81%	15.17%	14.41%	7.82%	5.87%	3.48%	5.08%
Operating Margin	-9.65%	-2.81%	-2.10%	0.40%	3.51%	0.75%	1.42%	-5.52%	-8.06%	-11.30%	-9.67%
EBIT Margin	-10.09%	-2.78%	-2.34%	0.34%	3.94%	1.58%	1.31%	-5.56%	-8.16%	-11.65%	-9.90%
Profit (Net Income) Margin	-7.68%	0.07%	1.16%	3.39%	6.50%	5.02%	4.84%	-1.67%	-8.76%	-10.06%	-6.64%
Tax Burden Percent	112.18%	10.17%	64.77%	73.53%	80.15%	85.78%	81.05%	159.60%	199.58%	123.48%	108.33%
Interest Burden Percent	67.85%	-25.53%	-76.50%	1,348.90%	205.94%	369.59%	456.20%	18.77%	53.78%	69.92%	61.95%
Effective Tax Rate	0.00%	89.83%	35.23%	26.48%	19.85%	14.22%	18.95%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-14.44%	-11.00%	-6.08%	-0.78%	-0.69%	6.49%	7.33%	5.08%	-0.59%	-5.74%	-8.92%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-5.23%	-1.51%	-1.28%	0.19%	2.27%	0.87%	0.72%	-3.05%	-4.20%	-6.19%	-5.21%
Return on Assets (ROA)	-3.98%	0.04%	0.63%	1.88%	3.74%	2.75%	2.68%	-0.91%	-4.51%	-5.35%	-3.50%
Return on Common Equity (ROCE)	-14.23%	-10.83%	-5.98%	-0.77%	-0.68%	6.39%	7.23%	5.02%	-0.58%	-5.67%	-8.82%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-9.43%	-5.15%	-0.65%	0.00%	5.38%	6.12%	4.29%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-43	-1.98	-9.96	2.33	24	5.95	11	-39	-60	-87	-79
NOPAT Margin	-6.75%	-0.29%	-1.36%	0.30%	2.81%	0.65%	1.15%	-3.86%	-5.64%	-7.91%	-6.77%
Net Nonoperating Expense Percent (NNEP)	-0.36%	0.13%	0.90%	1.14%	1.10%	1.53%	1.22%	0.73%	-1.03%	-0.68%	0.04%
Return On Investment Capital (ROIC_SIMPLE)	-1.93%	-	-	-	0.59%	-	-	-	-1.47%	-2.06%	-1.74%
Cost of Revenue to Revenue	27.55%	24.43%	25.00%	24.81%	24.67%	24.43%	24.63%	25.25%	25.88%	26.20%	26.54%
SG&A Expenses to Revenue	13.33%	11.93%	13.91%	13.43%	12.15%	11.26%	11.04%	12.57%	13.72%	14.97%	15.22%
R&D to Revenue	30.10%	25.85%	24.52%	24.95%	25.32%	25.54%	26.03%	27.28%	29.77%	30.28%	29.66%
Operating Expenses to Revenue	82.10%	78.37%	77.10%	74.79%	71.82%	74.82%	73.95%	80.26%	82.17%	85.09%	83.12%
Earnings before Interest and Taxes (EBIT)	-64	-19	-17	2.69	33	15	13	-56	-86	-129	-116
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	67	74	99	294	140	139	79	62	38	59
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	16.96	17.64	20.85	20.80	21.42	27.91	19.79	23.80	29.90	30.81	30.16
Price to Tangible Book Value (P/TBV)	26.24	25.95	28.86	32.93	31.45	41.83	28.01	32.68	43.90	44.07	41.57
Price to Revenue (P/Rev)	11.08	11.58	14.51	14.82	17.77	21.55	16.05	19.46	24.80	25.70	26.10
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	537.43	331.67	574.31	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.30%	0.17%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	10.19	10.67	13.58	13.96	16.85	20.64	15.11	18.51	23.89	24.76	25.12
Enterprise Value to EBITDA (EV/EBITDA)	294.41	240.77	216.42	156.97	158.74	149.10	102.35	138.83	224.98	321.55	456.40
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	2,025.39	840.80	15,898.81	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	342.00	1,818.02	3,500.90	1,232.60	0.00	2,576.74	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	24.27	25.41	33.79	36.39	48.22	54.28	39.94	50.05	68.35	74.07	78.51
Enterprise Value to Free Cash Flow (EV/FCFF)	154.27	165.89	261.60	380.32	0.00	0.00	0.00	1,113.57	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.50	0.45	0.40	0.36	0.22	0.29	0.26	0.24	0.22	0.21	0.20
Long-Term Debt to Equity	0.50	0.45	0.40	0.36	0.22	0.29	0.26	0.24	0.22	0.21	0.20
Financial Leverage	-1.30	-1.34	-1.32	-1.25	-1.18	-1.25	-1.23	-1.18	-1.14	-1.15	-1.14
Leverage Ratio	3.42	3.26	3.11	3.03	2.86	2.85	2.67	2.64	2.71	2.57	2.47
Compound Leverage Factor	2.32	-0.83	-2.38	40.88	5.88	10.53	12.19	0.50	1.46	1.80	1.53
Debt to Total Capital	33.25%	31.21%	28.40%	26.48%	18.31%	22.43%	20.45%	19.37%	18.31%	17.57%	16.41%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	33.25%	31.21%	28.40%	26.48%	18.31%	22.43%	20.45%	19.37%	18.31%	17.57%	16.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.07%	1.22%	1.22%	1.14%	0.97%	1.00%	1.04%	0.98%	0.97%	0.95%	0.84%
Common Equity to Total Capital	65.68%	67.57%	70.38%	72.39%	80.72%	76.56%	78.51%	79.65%	80.72%	81.48%	82.76%
Debt to EBITDA	9.55	6.84	4.47	2.93	1.77	1.63	1.43	1.49	1.77	2.34	3.12
Net Debt to EBITDA	-25.94	-20.72	-14.99	-9.81	-8.70	-6.64	-6.46	-7.19	-8.70	-12.38	-18.00
Long-Term Debt to EBITDA	9.55	6.84	4.47	2.93	1.77	1.63	1.43	1.49	1.77	2.34	3.12
Debt to NOPAT	-5.57	-5.70	-6.94	6.38	20.30	38.37	17.24	-176.23	20.30	-4.22	-2.81
Net Debt to NOPAT	15.12	17.28	23.24	-21.37	-99.64	-155.90	-77.79	849.61	-99.64	22.34	16.22
Long-Term Debt to NOPAT	-5.57	-5.70	-6.94	6.38	20.30	38.37	17.24	-176.23	20.30	-4.22	-2.81
Altman Z-Score	4.66	5.38	6.88	7.30	8.49	10.59	8.57	9.99	11.54	12.82	13.00
Noncontrolling Interest Sharing Ratio	1.41%	1.58%	1.60%	1.63%	1.32%	1.48%	1.46%	1.35%	1.28%	1.21%	1.13%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.73	1.78	1.82	1.74	1.77	1.80	1.90	1.86	1.77	1.85	1.88
Quick Ratio	1.58	1.63	1.66	1.59	1.58	1.64	1.72	1.69	1.58	1.65	1.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	238	285	234	-9.39	-167	-157	-141	27	-178	-86	-37
Operating Cash Flow to CapEx	428.59%	411.25%	441.13%	806.98%	371.87%	636.99%	607.48%	343.39%	329.53%	372.24%	696.51%
Free Cash Flow to Firm to Interest Expense	37.48	44.67	36.33	-1.44	-26.08	-24.06	-21.51	4.16	-26.72	-12.86	-5.36
Operating Cash Flow to Interest Expense	43.02	47.11	37.99	42.06	87.60	58.86	49.88	49.51	51.88	57.20	48.78
Operating Cash Flow Less CapEx to Interest Expense	32.99	35.65	29.37	36.85	64.04	49.62	41.67	35.09	36.14	41.83	41.78
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.52	0.55	0.55	0.55	0.58	0.55	0.55	0.55	0.52	0.53	0.53
Accounts Receivable Turnover	4.51	5.89	5.52	5.44	4.51	5.64	5.86	5.44	3.99	5.47	5.61
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.95	5.82	5.59	5.63	6.17	5.71	5.81	5.63	5.61	5.69	5.72
Accounts Payable Turnover	12.93	46.10	15.09	9.88	11.25	42.49	29.79	13.60	12.47	56.00	15.94
Days Sales Outstanding (DSO)	80.97	61.94	66.18	67.11	81.00	64.68	62.31	67.13	91.47	66.70	65.06
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	28.23	7.92	24.18	36.93	32.44	8.59	12.25	26.84	29.28	6.52	22.90
Cash Conversion Cycle (CCC)	52.73	54.03	42.00	30.18	48.56	56.09	50.06	40.29	62.20	60.18	42.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-524	-612	-615	-423	-333	-449	-463	-489	-333	-450	-506
Invested Capital Turnover	-5.84	-5.22	-5.36	-6.64	-9.23	-6.19	-6.52	-8.20	-10.08	-9.20	-8.97
Increase / (Decrease) in Invested Capital	-281	-287	-244	12	191	163	152	-66	118	-0.92	-43
Enterprise Value (EV)	22,834	26,098	35,878	39,759	66,630	67,772	53,134	69,223	94,437	102,404	109,039
Market Capitalization	24,822	28,315	38,331	42,211	70,242	70,756	56,450	72,771	98,049	106,305	113,301
Book Value per Share	$6.24	$6.81	$7.75	$8.50	$13.31	$10.48	$11.72	$12.47	$13.31	$13.92	$15.07
Tangible Book Value per Share	$4.04	$4.63	$5.60	$5.37	$9.07	$6.99	$8.28	$9.08	$9.07	$9.73	$10.93
Total Capital	2,228	2,376	2,612	2,803	4,063	3,312	3,634	3,839	4,063	4,235	4,539
Total Debt	741	741	742	742	744	743	743	744	744	744	745
Total Long-Term Debt	741	741	742	742	744	743	743	744	744	744	745
Net Debt	-2,012	-2,246	-2,485	-2,484	-3,652	-3,018	-3,354	-3,585	-3,652	-3,941	-4,300
Capital Expenditures (CapEx)	64	73	55	34	151	60	54	95	105	103	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,174	-1,301	-1,346	-1,438	-1,671	-1,545	-1,585	-1,688	-1,671	-1,826	-1,914
Debt-free Net Working Capital (DFNWC)	1,531	1,629	1,821	1,729	2,652	2,158	2,453	2,572	2,652	2,788	3,058
Net Working Capital (NWC)	1,531	1,629	1,821	1,729	2,652	2,158	2,453	2,572	2,652	2,788	3,058
Net Nonoperating Expense (NNE)	5.88	-2.48	-18	-24	-31	-40	-36	-22	33	24	-1.44
Net Nonoperating Obligations (NNO)	-2,012	-2,246	-2,485	-2,484	-3,652	-3,018	-3,354	-3,585	-3,652	-3,941	-4,300
Total Depreciation and Amortization (D&A)	77	86	91	97	261	125	126	135	149	167	175
Debt-free, Cash-free Net Working Capital to Revenue	-52.39%	-53.19%	-50.95%	-50.49%	-42.27%	-47.03%	-45.08%	-45.14%	-42.27%	-44.15%	-44.09%
Debt-free Net Working Capital to Revenue	68.32%	66.59%	68.91%	60.71%	67.09%	65.71%	69.77%	68.76%	67.09%	67.41%	70.45%
Net Working Capital to Revenue	68.32%	66.59%	68.91%	60.71%	67.09%	65.71%	69.77%	68.76%	67.09%	67.41%	70.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.20)	$0.00	$0.04	$0.11	$0.22	$0.18	$0.19	($0.07)	($0.38)	($0.44)	($0.31)
Adjusted Weighted Average Basic Shares Outstanding	233.14M	236.41M	237.91M	239.30M	238.64M	242.39M	244.09M	245.54M	244.75M	248.43M	249.91M
Adjusted Diluted Earnings per Share	($0.20)	$0.00	$0.03	$0.11	$0.23	$0.17	$0.19	($0.07)	($0.37)	($0.44)	($0.31)
Adjusted Weighted Average Diluted Shares Outstanding	233.14M	240.60M	242.14M	243.80M	243.64M	250.16M	251.27M	245.54M	244.75M	248.43M	249.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	235.86M	237.11M	238.79M	240.14M	247.87M	243.36M	245.13M	246.31M	247.87M	249.25M	250.96M
Normalized Net Operating Profit after Tax (NOPAT)	-43	-14	-9.96	2.33	24	5.95	11	-39	-60	-87	-79
Normalized NOPAT Margin	-6.75%	-1.97%	-1.36%	0.30%	2.81%	0.65%	1.15%	-3.86%	-5.64%	-7.91%	-6.77%
Pre Tax Income Margin	-6.84%	0.71%	1.79%	4.61%	8.11%	5.86%	5.98%	-1.04%	-4.39%	-8.15%	-6.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-10.12	-3.01	-2.65	0.41	5.18	2.24	1.93	-8.52	-12.96	-19.14	-16.96
NOPAT to Interest Expense	-6.78	-0.31	-1.55	0.36	3.70	0.91	1.69	-5.92	-8.96	-12.99	-11.59
EBIT Less CapEx to Interest Expense	-20.16	-14.47	-11.27	-4.80	-18.37	-7.00	-6.28	-22.94	-28.71	-34.51	-23.96
NOPAT Less CapEx to Interest Expense	-16.82	-11.77	-10.16	-4.85	-19.85	-8.33	-6.52	-20.34	-24.70	-28.36	-18.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	-29.47%	0.00%	0.00%	0.00%	-29.47%	-0.60%	-0.99%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	-29.47%	0.00%	0.00%	0.00%	-29.47%	-0.60%	-0.99%

Key Financial Trends

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has demonstrated significant revenue growth over the last four years, with Q1 2026 operating revenue reaching approximately $1.10 billion, up from around $487.8 million in Q1 2023 and $380 million in Q3 2022. This steady increase highlights consistent demand for their cybersecurity solutions.

Positive Trends:

Consistent revenue growth, with Q1 2026 revenue ($1.10B) more than doubling from Q1 2023 ($488M) and Q3 2022 ($380M).
Gross profit margins remain healthy, with gross profit around 73.8% in Q1 2026 (gross profit of $814M on revenue of $1.10B), showing efficient cost management related to revenue.
Increasing cash & equivalents balance, reaching $4.61 billion in Q1 2026 from $2.15 billion in Q1 2023, improving liquidity.
Net cash from operating activities remains strong, with $384 million in Q1 2026, consistently above $200 million since early 2023, showing good operational cash generation despite net losses.
Growth in deferred revenue, with current deferred revenue rising from $1.24 billion in Q1 2023 to $2.75 billion in Q1 2026, indicating strong subscription sales and future revenue visibility.

Neutral Observations:

Increasing total assets from ~$3.8 billion in Q1 2023 to $8.72 billion in Q1 2026, driven by growth in cash and goodwill/assets, reflecting business expansion and acquisitions.
Long-term debt has increased moderately over time but remains manageable (~$739M in Q1 2023 to $744M in Q1 2026).
Accounts receivable and prepaid expenses have increased proportionally with revenue growth, consistent with business scaling.
Equity has grown from $1.1 billion in Q1 2023 to $3.45 billion in Q1 2026, improving the company’s financial position.

Negative Trends:

Continued net losses reported in recent quarters, with net loss widening from -$31.5 million in Q1 2023 to -$111 million in Q1 2026, indicating ongoing challenges in profitability.
Operating expenses have escalated substantially, reaching $939 million in Q1 2026 from $385 million in Q1 2023, driven by large sales & marketing and R&D expenses, reflecting heavy investment but pressuring margins.
Net income tax expense has increased despite losses, likely due to deferred tax liabilities or tax adjustments.
Significant acquisition-related spending, with acquisition cash outflows in multiple quarters (e.g., $96 million in Q1 2025), which while strategic, impact cash flow and add integration risk.
Purchase of property, plant & equipment and investments remains high, consuming significant cash ($100M+ per quarter), indicating capital spending that reduces free cash flow.

Summary:

CrowdStrike has exhibited robust top-line growth with increased revenue and customer contractual commitments, underpinning a strong market position in cybersecurity. The company’s expanding cash reserves and deferred revenue underpin operational resilience. However, profitability remains elusive with growing net losses, largely due to elevated operating expenses supporting growth initiatives and acquisitions. Investors should watch for signs of margin improvement and better operating leverage as the business scales further.

08/28/25 02:14 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About CrowdStrike's Financials

When does CrowdStrike's financial year end?

According to the most recent income statement we have on file, CrowdStrike's fiscal year ends in January. Their fiscal year 2025 ended on January 31, 2025.

How has CrowdStrike's net income changed over the last 7 years?

CrowdStrike's net income appears to be on a downward trend, with a most recent value of -$16.60 million in 2025, falling from -$135.49 million in 2018. The previous period was $90.59 million in 2024. Check out CrowdStrike's forecast to explore projected trends and price targets.

What is CrowdStrike's operating income?

CrowdStrike's total operating income in 2025 was -$120.43 million, based on the following breakdown:

Total Gross Profit: $2.96 billion
Total Operating Expenses: $3.08 billion

How has CrowdStrike's revenue changed over the last 7 years?

Over the last 7 years, CrowdStrike's total revenue changed from $118.75 million in 2018 to $3.95 billion in 2025, a change of 3,229.3%.

How much debt does CrowdStrike have?

CrowdStrike's total liabilities were at $5.38 billion at the end of 2025, a 24.9% increase from 2024, and a 1,382.4% increase since 2019.

How much cash does CrowdStrike have?

In the past 6 years, CrowdStrike's cash and equivalents has ranged from $88.41 million in 2019 to $4.32 billion in 2025, and is currently $4.32 billion as of their latest financial filing in 2025.

How has CrowdStrike's book value per share changed over the last 7 years?

Over the last 7 years, CrowdStrike's book value per share changed from 0.00 in 2018 to 13.31 in 2025, a change of 1,331.4%.

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This page (NASDAQ:CRWD) was last updated on 8/28/2025 by MarketBeat.com Staff

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CrowdStrike (CRWD) Financials

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CrowdStrike (CRWD) Financials

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