CrowdStrike Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data CrowdStrike Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Revenue	119	250	481	874	1,452	2,241	3,056	3,954	4,812
Cost of revenue	54.5	87.2	142	230	383	601	759	990	1,219
Gross profit	64.3	163	340	645	1,068	1,640	2,297	2,963	3,593
Research and development	58.9	84.6	130	215	371	608	780	1,076	1,385
Selling and marketing	104	173	267	401	617	904	1,140	1,523	1,831
General and administrative	32.5	42.2	89.1	121	223	317	395	481	670
Operating expenses	196	299	486	737	1,211	1,830	2,316	3,080	3,886
Operating income	-131	-137	-146	-92.5	-143	-190	-19.1	-116	-293
Interest expense	1.65	0.43	0.44	1.56	25.2	25.3	25.8	26.3	28
Interest income						52.5	149	196	195
Other non-operating income	-1.47	-1.42	6.73	1.25	3.97	3.05	1.64	5.1	-0.65
Pre-tax income	-135	-139	-140	-87.9	-160	-160	106	58.6	-127
Income tax	0.93	1.37	2	4.76	72.4	22.4	32.2	71.1	34.2
Net income to minority interests			0	0	2.42	0.96	1.26	2.68	1.34
Net income	-135	-140	-142	-92.6	-235	-183	72.2	-15.2	-163
EPS, basic	-2.74	-2.53	-0.78	-0.35	-0.84	-0.64	0.30	-0.06	-0.65
EPS, diluted	-2.74	-2.53	-0.78	-0.35	-0.84	-0.64	0.30	-0.06	-0.65
Shares, basic (weighted)	51.6	55.3	183	269	280	288	239	245	251
Shares, diluted (weighted)	51.6	55.3	183	269	280	288	244	245	251

Balance sheet

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Cash and equivalents	63.2	88.4	265	1,919	1,997	2,455	3,375	4,323	5,230
Short-term investments		103	647	0	0	250	99.6	0
Receivables		92.5	165	239	368	626	853	1,129	1,362
Other current assets		1.11	6.52	4.57	12.8	122	38.3	67.1	129
Total current assets		331	1,172	2,292	2,571	3,640	4,757	6,113	7,419
Property, plant and equipment		73.7	136	167	261	492	620	789	976
Lease right-of-use assets			0	36.5	31.7	39.9	48.2	42.8	69.9
Goodwill		7.95	7.72	83.6	416	431	638	913	1,363
Intangible assets		1.05	0.53	15.7	97.3	86.9	115	133	137
Other non-current assets		9.18	16.7	17.1	25.3	29	76.1	137	389
Total assets		433	1,405	2,733	3,618	5,027	6,647	8,702	11,087
Accounts payable		6.86	1.35	12.1	47.6	45.4	28.2	131	105
Accrued liabilities		32.5	30.4	51.1	83.4	138	126	191	181
Deferred revenue		219	413	702	1,137	1,727	2,271	2,733	3,421
Total current liabilities		281	493	864	1,407	2,109	2,697	3,461	4,184
Long-term debt			0	738	740	741	742	744	745
Lease liabilities			0	32	25.4	29.6	36.2	31.1	56.4
Other non-current liabilities		10.3	11	17.2	16.2	31.8	50.1	151	296
Total liabilities		363	662	1,861	2,581	3,539	4,309	5,383	6,614
Total debt			0	738	740	741	742	744	745
Paid-in capital		31.2	1,378	1,598	1,992	2,613	3,364	4,410	5,694
Retained earnings		-519	-637	-730	-965	-1,148	-1,059	-1,121	-1,283
Other comprehensive income		0.1	1.01	2.32	-1.24	-1.02	-1.66	-9.59	16.8
Shareholders' equity	-369	-488	742	871	1,026	1,464	2,304	3,279	4,428
Minority interests		0	0.5	1.3	11.9	23.8	33.1	39.4	44.2
Total equity	-369	-488	743	872	1,038	1,487	2,337	3,319	4,473
Total liabilities and equity		433	1,405	2,733	3,618	5,027	6,647	8,702	11,087
Shares outstanding		58.5	0

Cash flow statement

	FY2018	FY2020	FY2020	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Net income	-135	-140	-142	-92.6	-232	-182	73.4	-12.6	-161
Stock-based compensation	12.3	20.5	79.9	150	310	527	649	861	1,097
Deferred income tax	-0.11	-0.42	-0.68	-1.45	-14	1.31	-3.39	-9.9	-14.8
Change in receivables	-35.3	-33.4	-72.5	-73	-125	-258	-218	-274	-233
Change in payables	7.14	-2.4	-6.57	11.3	33.2	-15.5	-18.9	84.9	-11.3
Cash from operations	-58.8	-23	99.9	357	575	941	1,166	1,382	1,612
Capital expenditures	-22.9	-35.9	-80.2	-52.8	-112	-235	-177	-255	-302
Acquisitions	-6.47	0	0	-85.5	-415	-18.3	-239	-310	-382
Purchases of investments	-9.56	-199	-780	-84.9	0	-250	-196	0	0
Sales and maturities of investments	17.5	100	229	91.6	0	0
Cash from investing	-28.3	-142	-630	495	-565	-557	-341	-537	-764
Debt repaid	-19.3	-6.16	0	0
Stock issued	3.7	3.91	21.5	28.8	15.9	8.66	8.7	3.98	3.16
Share buybacks	0	-2.33	0	0
Cash from financing	127	190	706	800	72.5	77.4	93.2	107	132
Exchange rate effect	0.62	-0.16	-0.07	1.68	-4.77	-1.5	1.96	-5.28	9.63
Net change in cash	40.4	25.2	176	1,654	78	460	921	947	990
Free cash flow	-81.7	-58.8	19.7	304	463	706	990	1,127	1,310
Interest paid	1.65	0.45	0.01	0.02	13.1	22.6	22.5	22.5	22.5
Income taxes paid	0.11	1.39	1.86	1.73	74.7	11.9	22.6	19	51.5

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $252.13 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	75.2%	Gross profit / revenue.
Operating margin	-2.5%	Operating income / revenue.
Pre-tax margin	1.4%	Pre-tax income / revenue.
Net margin	0.8%	Net income / revenue.
FCF margin	29.8%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	37.4%	Cash from operations / revenue.
Effective tax rate	-1.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	0.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.4%	Net income / average total assets.
Return on invested capital (ROIC)	-12.6%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	28.8%	Research and development expense / revenue.
Stock-based pay / revenue	22.8%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	7.6%	Capital expenditures / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	21.7%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	29.0%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	40.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	21.2%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	29.9%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	41.0%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	16.7%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	19.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	35.2%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	16.3%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	22.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	34.0%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	35.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	44.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	38.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	27.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	30.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	32.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	2.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-4.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.4%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.57x	Current assets / current liabilities.
Quick ratio	1.37x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.13x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.15x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	6.2%	Total debt / total assets.
Liabilities / assets	57.3%	Total liabilities / total assets.
Net debt	-$4.27B	Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage	-4.99x	Operating income / interest expense.
Working capital	$2.53B	Current assets - current liabilities.
Goodwill and intangibles / assets	21.0%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.58B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.45x	Revenue / average total assets.
Fixed asset turnover	4.59x	Revenue / average property, plant and equipment.
Receivables turnover	5.20x	Revenue / average receivables.
Days sales outstanding	70 days	365 x average receivables / revenue.
Days payables	31 days	365 x average accounts payable / cost of revenue.
FCF conversion	3,575.0%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	20.2%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.04	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$5.17	Revenue / diluted weighted shares.
FCF per share	$1.54	Free cash flow / diluted weighted shares.
Operating cash flow per share	$1.93	Cash from operations / diluted weighted shares.
Book value per share	$4.88	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$2.47	Tangible book value / shares outstanding.
Cash per share	$4.80	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$256.73B	Share price x shares outstanding.
Enterprise value	$252.47B	Market cap + total debt - cash - short-term investments.
P/E	5,706x	Market cap / net income. Only when net income is positive.
P/S	47.6x	Market cap / revenue.
P/B	50.3x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	99.6x	Market cap / tangible book value, when positive.
P/FCF	160x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	127x	Market cap / cash from operations, when positive.
EV/Sales	46.8x	Enterprise value / revenue.
EV/FCF	157x	Enterprise value / free cash flow, when both are positive.
FCF yield	0.6%	Free cash flow / market cap.
Earnings yield	0.0%	Net income / market cap (the inverse of P/E).

What was CrowdStrike Holdings, Inc.'s revenue in fiscal 2026?

CrowdStrike Holdings, Inc. reported revenue of $4.81B for fiscal 2026, 21.7% higher than the year before.

Was CrowdStrike Holdings, Inc. profitable in fiscal 2026?

No. It reported a net loss of $162.5M.

How much free cash flow did CrowdStrike Holdings, Inc. generate in fiscal 2026?

Cash from operations of $1.61B minus capital expenditures of $302.1M left free cash flow of $1.31B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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