CrowdStrike Holdings, Inc. (CRWD) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$0.29	$0.31	+6.9%	—	$1.5B	—
Q1 27	$0.27	$0.28	+3.7%	—	$1.4B	—
Q4 26	$0.28	$0.28	0.0%	—	$1.3B	—
Q2 26	$0.21	$0.23	+9.5%	—	$1.2B	—
Q1 26	$0.16	$0.18	+12.5%	—	$1.1B	—
Q4 25	$0.21	$0.26	+23.8%	—	$1.1B	—
Q3 25	$0.2	$0.23	+15.0%	—	$1B	—
Q2 25	$0.24	$0.26	+8.3%	—	$963.9M	—
Q1 25	$0.22	$0.23	+4.5%	—	$921M	—
Q4 24	$0.21	$0.24	+14.3%	—	$845.3M	—
Q3 24	$0.74	$0.82	+10.8%	—	$786M	—
Q2 24	$0.56	$0.74	+32.1%	—	$731.6M	—
Q1 24	$0.51	$0.57	+11.8%	—	$692.6M	—
Q4 23	$0.43	$0.47	+9.3%	—	$637.4M	—
Q3 23	$0.31	$0.4	+29.0%	—	$580.9M	—
Q2 23	$0.28	$0.36	+28.6%	—	$535.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	-$0.16	—	—	$4.8B	—
FY25	—	-$0.08	—	—	$4B	—
FY24	—	$0.37	—	—	$3.1B	—
FY23	—	-$0.79	—	—	$2.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$52.7M	$118.8M	$249.8M	$481.4M	$874.4M	$1.5B	$2.2B	$3.1B	$4B	$4.8B
YoY change	—	+125.1%	+110.4%	+92.7%	+81.6%	+66%	+54.4%	+36.3%	+29.4%	+21.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	52.7M	118.8M	249.8M	481.4M	874.4M	1.5B	2.2B	3.1B	4B	4.8B
Cost of revenue	34M	54.5M	87.2M	141.6M	229.5M	383.2M	601.2M	755.7M	991.5M	1.2B
Gross profit	18.7M	64.3M	162.6M	339.8M	644.9M	1.1B	1.6B	2.3B	3B	3.6B
Gross margin	35.5%	54.1%	65.1%	70.6%	73.7%	73.6%	73.2%	75.3%	74.9%	74.7%
Research & development	39.1M	58.9M	84.6M	130.2M	214.7M	371.3M	608.4M	768.5M	1.1B	1.4B
Selling, general & administrative	70.2M	136.8M	214.9M	355.7M	522.8M	839.6M	1.2B	1.5B	2B	2.5B
Operating expenses	109.3M	195.7M	299.4M	485.9M	737.4M	1.2B	1.8B	2.3B	3.1B	3.9B
Operating income	-90.6M	-131.4M	-136.9M	-146.1M	-92.5M	-142.5M	-190.1M	-2M	-120.4M	-293.3M
Operating margin	-171.7%	-110.7%	-54.8%	-30.3%	-10.6%	-9.82%	-8.48%	-0.07%	-3.05%	-6.1%
Non-operating income, net	-82K	-1.5M	-1.4M	6.7M	1.3M	4M	3.1M	1.6M	5.1M	-645K
Pretax income	-91.3M	-134.6M	-138.7M	-139.8M	-87.9M	-160M	-159.9M	122.8M	54.5M	-127M
Income tax	87K	929K	1.4M	2M	4.8M	72.4M	22.4M	32.2M	71.1M	34.2M
Net income	-91.3M	-135.5M	-140.1M	-141.8M	-92.6M	-232.4M	-182.3M	90.6M	-16.6M	-161.2M
Net margin	-173.2%	-114.1%	-56.1%	-29.5%	-10.6%	-16%	-8.13%	2.96%	-0.42%	-3.35%
EBITDA	-87.6M	-125.2M	-122.9M	-115.8M	-46.2M	-66M	-40.8M	293.8M	294.8M	182.5M
EPS	-0.63	-0.83	-0.82	-0.96	-0.43	-1.03	-0.79	0.37	-0.08	-0.16
Diluted EPS	-0.63	-0.83	-0.82	-0.96	-0.43	-1.03	-0.79	0.37	-0.08	-0.16

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	786M	845.3M	921M	963.9M	1B	1.1B	1.1B	1.2B	1.2B	1.3B	1.4B	1.5B
Cost of revenue	195M	208.6M	225M	237.4M	255.1M	274M	289.1M	310.3M	307.8M	311.7M	342.3M	374M
Gross profit	591M	636.8M	696M	726.5M	755.1M	784.5M	814.3M	858.7M	926.4M	993.7M	1B	1.1B
Gross margin	75.2%	75.3%	75.6%	75.4%	74.7%	74.1%	73.8%	73.5%	75.1%	76.1%	75.3%	74.6%
Research & development	196.1M	214M	235.2M	250.9M	275.6M	315.1M	334.1M	346.7M	347.6M	356.4M	408.3M	444.2M
Selling, general & administrative	391.8M	393.1M	453.8M	461.9M	535.2M	554.7M	604.8M	625M	648.3M	623.5M	665.6M	685.9M
Operating expenses	587.8M	607.1M	689.1M	712.8M	810.8M	869.8M	938.9M	971.6M	995.9M	979.9M	1.1B	1.1B
Operating income	3.2M	29.7M	6.9M	13.7M	-55.7M	-85.3M	-124.7M	-113M	-69.4M	13.8M	-30.6M	-33.2M
Operating margin	0.4%	3.51%	0.75%	1.42%	-5.52%	-8.06%	-11.3%	-9.66%	-5.63%	1.06%	-2.21%	-2.26%
Non-operating income, net	-474K	3.6M	7.7M	-1M	-429K	-1.1M	-3.9M	-2.7M	2.2M	3.8M	35.2M	-669K
Pretax income	36.3M	68.5M	53.9M	57.6M	-10.5M	-46.5M	-89.9M	-71.7M	-23.3M	57.8M	39.1M	3.9M
Income tax	9.6M	13.6M	7.7M	10.9M	6.3M	46.3M	21.1M	6M	10.7M	-3.6M	-6.9M	-1.4M
Net income	26.7M	54.9M	46.3M	46.7M	-16.8M	-92.7M	-111M	-77.6M	-34M	61.5M	46M	5.3M
Net margin	3.39%	6.5%	5.02%	4.84%	-1.66%	-8.76%	-10.1%	-6.64%	-2.75%	4.71%	3.32%	0.36%
EBITDA	81.2M	117.3M	109.1M	116.7M	51.3M	17.6M	-19.1M	3.2M	55.5M	142.9M	133.1M	105.3M
EPS	0.11	0.22	0.18	0.19	-0.07	-0.37	-0.44	-0.08	-0.04	0.04	0.03	0.01
Diluted EPS	0.11	0.22	0.17	0.19	-0.07	-0.37	-0.44	-0.08	-0.04	0.04	0.03	0.01

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	—	—	—	—	—	10.3B	6.2B	17.5B	24.4B	—	265.5B
Enterprise value	—	—	—	—	—	9B	4.3B	14.8B	20.8B	—	254B
Shares outstanding	171.2M	171.2M	171.2M	148.1M	217.8M	227.1M	233.1M	238.6M	244.8M	1B	1B

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	—	—	—	—	—	—	192.6	—	—	8.6K
P/S	—	—	—	—	—	7.07	2.75	5.71	6.16	—	49.2
P/B	—	—	—	—	—	9.89	4.15	7.47	7.34	—	52
EV/EBITDA	—	—	—	—	—	-136.9	-104.3	50.3	70.6	—	2.4K
EV/Sales	—	—	—	—	—	6.22	1.9	4.83	5.27	—	47.1
Earnings yield	—	—	—	—	—	—	—	0.52%	—	—	0.01%
FCF yield	—	—	—	—	—	4.3%	10.9%	5.32%	4.38%	—	0.75%
PEG	—	—	—	—	—	—	—	—	—	—	-76.6

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	35.5%	54.1%	65.1%	70.6%	73.7%	73.6%	73.2%	75.3%	74.9%	74.7%	74.6%
Operating margin	-171.7%	-110.7%	-54.8%	-30.3%	-10.6%	-9.82%	-8.48%	-0.07%	-3.05%	-6.1%	-2.26%
Net margin	-173.2%	-114.1%	-56.1%	-29.5%	-10.6%	-16%	-8.13%	2.96%	-0.42%	-3.35%	0.83%
ROE	—	36.7%	28.7%	-19.1%	-10.6%	-22.4%	-12.3%	3.88%	-0.5%	-3.6%	1.46%
ROA	—	-62.2%	-32.3%	-10.1%	-3.39%	-6.42%	-3.63%	1.36%	-0.19%	-1.45%	-0.78%
ROIC	—	31.3%	20.1%	86.2%	34.6%	77.4%	43.8%	0.43%	0%	-468.8%	-12.6%
Return on tangible assets	—	-68.6%	-33.7%	-10.2%	-3.66%	-8.97%	-4.57%	1.76%	-0.25%	-1.99%	1.13%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	—	0.93	1.18	2.38	2.65	1.83	1.73	1.76	1.77	1.77	1.57
Quick ratio	—	0.93	1.18	2.38	2.65	1.83	1.73	1.76	1.77	1.77	1.57
Debt / equity	—	-0.04	—	0	0.89	0.75	0.53	0.34	0.24	0.18	0.16
Debt / assets	—	0.07	—	0	0.29	0.21	0.16	0.12	0.09	0.07	0.07
Net debt / EBITDA	—	0.4	—	7.87	24.7	18.5	47.2	-9.13	-12	-24.2	-9.6
Interest coverage	-147.4	-80.7	-323.1	-315.2	-55.4	-5.34	-5.31	5.77	3.07	-3.53	3.91
Effective tax rate	0%	0%	0%	0%	0%	0%	0%	26.2%	100%	0%	0%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	0.31	0.69	1.46	3.25	4.02	6.39	9.61	12.8	16.2	4.8	5.33
EPS (basic)	-0.63	-0.83	-0.82	-0.96	-0.43	-1.03	-0.79	0.37	-0.08	-0.16	-0.16
EPS (diluted)	-0.63	-0.83	-0.82	-0.96	-0.43	-1.03	-0.79	0.37	-0.08	-0.16	0.03
Book value per share	—	-2.16	-2.85	5.02	4	4.57	6.38	9.79	13.6	4.46	4.98
FCF per share	-0.38	-0.52	-0.38	0.08	1.34	1.94	2.89	3.89	4.36	1.24	1.46
Cash per share	—	0.38	1.12	6.16	8.81	8.79	11.6	14.6	17.7	5.22	4.9
Capex per share	0.04	0.13	0.21	0.54	0.24	0.49	1.01	0.74	1.04	0.07	0.08

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	12.5%	19.3%	14.4%	16.7%	6.04%	7.73%	10.5%	5.78%	6.45%	1.43%	1.54%
Capex / operating cash flow	-10.7%	-28.8%	-144.3%	71.9%	18.3%	20.8%	27.2%	14.8%	20.1%	4.26%	4.12%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	$786M	$845.3M	$921M	$963.9M	$1B	$1.1B	$1.1B	$1.2B	$1.2B	$1.3B	$1.4B	$1.5B
YoY change	+35.3%	+32.6%	+33%	+31.7%	+28.5%	+25.2%	+19.8%	+21.3%	+22.2%	+23.3%	+25.6%	+25.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	65.8M	191.7M	912.1M	1.9B	2B	2.7B	3.5B	4.3B	5.2B
Receivables	59.6M	92.5M	165M	239.2M	368.1M	626.2M	853.1M	1.1B	1.4B
Inventory	—	—	—	—	—	—	—	—	—
Total current assets	153.6M	331.4M	1.2B	2.3B	2.6B	3.6B	4.8B	6.1B	7.4B
Property, plant & equipment	40.8M	73.7M	136.1M	167M	260.6M	492.3M	620.2M	788.6M	976.3M
Goodwill & intangibles	20.3M	18M	16.5M	198.5M	1B	1B	1.5B	2.1B	3B
Total assets	217.7M	433.2M	1.4B	2.7B	3.6B	5B	6.6B	8.7B	11.1B
Accounts payable	12.3M	6.9M	1.3M	12.1M	47.6M	45.4M	28.2M	130.9M	105.3M
Short-term debt	—	—	—	9M	9.8M	13M	14.2M	13.8M	18.2M
Total current liabilities	165.9M	281.4M	493.1M	863.6M	1.4B	2.1B	2.7B	3.5B	4.2B
Long-term debt	16M	—	0	770M	764.9M	770.6M	778.7M	775.1M	801.8M
Total liabilities	587.2M	921M	662.3M	1.9B	2.6B	3.5B	4.3B	5.4B	6.6B
Shareholders' equity	-369.5M	-487.8M	742.6M	871.9M	1B	1.5B	2.3B	3.3B	4.5B
Total debt	16M	—	0	779M	774.7M	783.6M	792.9M	788.9M	820.1M
Net debt	-47.2M	—	-264.8M	-1.1B	-1.2B	-1.7B	-2.6B	-3.5B	-4.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Cash & short-term investments	3.2B	3.5B	3.7B	4B	4.3B	4.3B	4.6B	5B	4.8B	5.2B	4.6B	5B
Receivables	561.9M	853.1M	702.9M	661M	813.9M	1.1B	808.7M	886.6M	1B	1.4B	933.9M	1B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	4.1B	4.8B	4.8B	5.2B	5.6B	6.1B	6.1B	6.5B	6.5B	7.4B	6.3B	7B
Property, plant & equipment	632M	620.2M	676M	694.4M	792.9M	788.6M	826.1M	869.2M	927M	976.3M	1.1B	1.2B
Goodwill & intangibles	1.5B	1.5B	1.7B	1.7B	1.7B	2.1B	2.1B	2.1B	3B	3B	5.1B	5B
Total assets	5.8B	6.6B	6.8B	7.2B	7.8B	8.7B	8.7B	9.3B	10B	11.1B	11.3B	12B
Accounts payable	57M	28.2M	21.3M	21.1M	79.2M	130.9M	16.4M	120.6M	131.6M	105.3M	54.2M	114.5M
Short-term debt	14.4M	14.2M	16M	17M	15.7M	13.8M	12M	12.9M	15.9M	18.2M	19.9M	22.1M
Total current liabilities	2.4B	2.7B	2.7B	2.7B	3B	3.5B	3.3B	3.5B	3.6B	4.2B	4.1B	4.4B
Long-term debt	780.5M	778.7M	777M	774.9M	776.3M	775.1M	773.4M	797.7M	802.1M	801.8M	801.4M	798.1M
Total liabilities	3.8B	4.3B	4.3B	4.3B	4.7B	5.4B	5.2B	5.5B	5.9B	6.6B	6.6B	6.9B
Shareholders' equity	2.1B	2.3B	2.6B	2.9B	3.1B	3.3B	3.5B	3.8B	4.1B	4.5B	4.7B	5.1B
Total debt	794.9M	792.9M	793M	792M	792M	788.9M	785.4M	810.5M	818M	820.1M	821.3M	820.2M
Net debt	-2.2B	-2.6B	-2.9B	-3.2B	-3.5B	-3.5B	-3.8B	-4.2B	-4B	-4.4B	-3.7B	-4.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	-91.3M	-135.5M	-140.1M	-141.8M	-92.6M	-232.4M	-182.3M	90.6M	-16.6M	-161.2M
Depreciation & amortization	3M	7.7M	15.4M	23.5M	40.2M	68.8M	93.8M	145.3M	214M	281.5M
Stock-based compensation	2M	12.3M	20.5M	79.9M	149.7M	310M	526.5M	631.5M	865.4M	1.1B
Change in working capital	19.5M	22.4M	50.6M	115.1M	118M	280.1M	243.1M	74.4M	-120.2M	62.7M
Operating cash flow	-61.7M	-79.5M	-24.9M	111.6M	288.8M	538M	865.5M	1.2B	1.3B	1.6B
Capital expenditure	-6.6M	-22.9M	-35.9M	-80.2M	-52.8M	-112.1M	-235M	-176.5M	-254.9M	-68.8M
Investing cash flow	-5.8M	-21.5M	-135.2M	-622.3M	506.5M	-543M	-525.2M	-280.1M	-477.6M	-462.4M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	16.7M	133.1M	178.8M	662M	737M	6.4M	9.4M	8.1M	3.6M	3.5M
Net change in cash	-50.8M	32.2M	18.7M	151.2M	1.5B	1.4M	349.6M	921.8M	796.6M	1.2B
Free cash flow	-64.6M	-88.5M	-65.6M	12.5M	292.7M	441.1M	674.6M	929.1M	1.1B	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Net income	26.7M	54.9M	46.3M	46.7M	-16.8M	-92.7M	-111M	-83.6M	-47.5M	61.5M	46M	5.3M
Depreciation & amortization	38.4M	42.4M	48.7M	52.6M	55.2M	57.4M	64.1M	68M	71.8M	77.5M	87.9M	95.4M
Stock-based compensation	159.6M	176.3M	183.1M	200.9M	208.9M	272.5M	253.6M	293.1M	295.4M	274M	297.7M	376.9M
Change in working capital	-76.7M	43.3M	94.6M	-29.2M	-223.2M	37.6M	172M	-96.8M	-75.5M	63.1M	240.9M	-148.6M
Operating cash flow	210.5M	386.1M	450.7M	347.8M	108.7M	363.4M	485.1M	332.8M	397.5M	497.9M	590.9M	530.3M
Capital expenditure	-21.3M	-52.6M	-49.7M	-39.3M	-78.7M	-87.2M	-85.8M	-17.3M	-16.8M	-17.3M	-22.6M	-26.5M
Investing cash flow	-456.2M	41.8M	-40.6M	-40.4M	-89.3M	-307.3M	-84.4M	-18.3M	-407.5M	-20.5M	-896.4M	-24.1M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	-175.6M	0
Financing cash flow	0	0	-3.3M	4.8M	0	2.2M	1.5M	-2.2M	4.5M	-389K	-196.6M	-3.7M
Net change in cash	-245.7M	428M	406.8M	312.1M	19.4M	58.3M	402.2M	312.4M	-5.5M	477M	-502.1M	502.5M
Free cash flow	239.6M	273M	323.1M	272.9M	231.2M	240.8M	280.9M	285M	297.4M	378.1M	470.7M	376.3M

CrowdStrike Holdings, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement