Early Access

CRWD SEC Filings

CrowdStrike Holdings, Inc. - 85 total filings

Showing 1–50 of 85 filings
8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Dec 29, 2025)

Dec 29, 2025

CrowdStrike Holdings, Inc. (CRWD) announced a significant performance-based equity award to its President and CEO, George Kurtz. The award consists of 300,000 performance stock units (PSUs) with the potential to vest at 50% to 200% of the target based on the company's total stockholder return (TSR) relative to the S&P 500 over a three-year period, ending December 22, 2028. This structure aligns Mr. Kurtz's compensation directly with long-term shareholder value creation, with payouts ranging from zero to 600,000 shares depending on CrowdStrike's stock performance relative to 25% to 90% of S&P 500 companies. The decision to grant this award aims to retain Mr. Kurtz, incentivize him to achieve the company's ambitious $20 billion ARR target, and maintain alignment with stockholder interests amidst a dynamic cybersecurity market. The Board highlighted Mr. Kurtz's successful track record, including substantial revenue growth, improving profitability, and significant stock price appreciation since the IPO, as justification for this performance-based incentive. The award is structured to be entirely at risk, providing no guaranteed value and emphasizing the delivery of superior relative returns to shareholders.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q3 Ended Oct 31, 2025

Dec 3, 2025

CrowdStrike Holdings, Inc. reported robust revenue growth in the third quarter of fiscal year 2026, with total revenue reaching $1.23 billion, a 22% increase year-over-year. Subscription revenue continues to be the primary driver, growing 21% to $1.17 billion. Despite top-line growth, the company reported a net loss of $34.0 million for the quarter, widening from a $16.8 million net loss in the prior year period. This widened loss is attributed to a significant increase in operating expenses, particularly in research and development and general and administrative costs, which rose 26% and 32% respectively. The company also highlighted the ongoing impact of the July 19 Incident, noting increased legal expenses and longer sales cycles, although dollar-based net retention rates improved sequentially. Operationally, CrowdStrike continues to invest heavily in its platform and headcount, evident in the substantial increases in sales and marketing, R&D, and G&A expenses. The company's cash position remains strong with $4.8 billion in cash and cash equivalents, and net cash provided by operating activities was $1.1 billion for the nine-month period. The company completed several acquisitions during the nine months, including Pangea Cyber Corporation, Onum Technology Inc., and Adaptive Shield, which are expected to drive future growth and expand its cybersecurity offerings.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Dec 2, 2025)

Dec 2, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed a Current Report on Form 8-K, primarily to furnish a press release announcing its financial results for the fiscal quarter ended October 31, 2025. While the specific financial figures are not detailed within the 8-K itself, this filing serves as the official notification to the market about the release of these results. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive details on revenue, profitability, guidance, and other key performance indicators. This report signals the completion of another reporting period and provides stakeholders with an opportunity to assess the company's ongoing performance and strategic execution. The information, though not deemed "filed" under Section 18 of the Exchange Act, is crucial for understanding the company's financial health and future outlook as presented by management. Investors are encouraged to review the accompanying press release for a full understanding of the reported financial condition and results of operations.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q2 Ended Jul 31, 2025

Aug 28, 2025

CrowdStrike Holdings, Inc. reported its financial results for the quarter ended July 31, 2025, showing a notable increase in total revenue, up 21% year-over-year to $1.17 billion. This growth was primarily driven by a 20% increase in subscription revenue, reflecting continued customer acquisition and expansion. The company also saw a significant increase in professional services revenue, which grew by 45%. Despite revenue growth, CrowdStrike reported a net loss of $77.7 million for the quarter, a significant deterioration from the net income of $47.0 million in the prior year's quarter. This net loss was influenced by a substantial increase in operating expenses, particularly in sales and marketing (up 26%), research and development (up 38%), and general and administrative expenses (up 67%). The substantial rise in G&A expenses was largely attributed to costs related to the July 19 incident. Annual Recurring Revenue (ARR) reached $4.7 billion, a 20% increase year-over-year, showcasing the company's strong recurring revenue base. The dollar-based net retention rate remained strong, though the company noted potential impacts on sales cycles and customer purchasing decisions due to the July 19 incident. The company ended the quarter with a healthy cash and cash equivalents balance of nearly $5.0 billion. The ongoing legal proceedings and inquiries related to the July 19 incident continue to be a significant factor impacting operating expenses and the company's financial outlook.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Aug 27, 2025)

Aug 27, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed a Current Report on Form 8-K dated August 26, 2025, to announce its financial results for the fiscal quarter ended July 31, 2025. The report primarily serves to furnish a press release (Exhibit 99.1) containing these results. While specific financial figures are not detailed within the 8-K itself, this filing signals the public disclosure of the company's performance for the second fiscal quarter of 2025. Investors should refer to the furnished press release, Exhibit 99.1, for the detailed financial outcomes, including revenue, profitability, and any forward-looking guidance provided by CrowdStrike. This 8-K filing is a procedural step to make the press release publicly available and is important for understanding the company's recent operational and financial condition.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Shareholder Vote Results (Jun 20, 2025)

Jun 20, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K report detailing the outcomes of its Annual Meeting of Stockholders held on June 18, 2025. The primary focus of this filing is the voting results on two key proposals: the election of Class III Directors and the ratification of its independent registered public accounting firm. Investors can take comfort in the strong support shown for the company's leadership and financial oversight. All nominated Class III Directors, including key figures like George Kurtz, were elected with a significant majority of votes, indicating continued confidence in their strategic direction. Furthermore, the selection of PricewaterhouseCoopers LLP as the independent auditor for the upcoming fiscal year was overwhelmingly ratified, underscoring robust corporate governance and financial transparency. The report confirms a substantial number of shares outstanding and entitled to vote, with high participation in the voting process.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q1 Ended Apr 30, 2025

Jun 4, 2025

CrowdStrike Holdings, Inc. reported a net loss of $110.2 million for the three months ended April 30, 2025, a significant shift from the net income of $42.8 million in the same period last year. This loss was primarily driven by a substantial increase in operating expenses, particularly in sales and marketing (up 26%), research and development (up 42%), and general and administrative expenses (up 59%). The latter was heavily impacted by $38.7 million in expenses related to the July 19 Incident and associated legal matters. Despite the net loss, total revenue saw a healthy 20% increase year-over-year, reaching $1.1 billion, driven by strong subscription revenue growth. Annual Recurring Revenue (ARR) also grew by 22% to $4.4 billion. However, the company noted that the July 19 Incident has led to longer sales cycles and a strategic plan aimed at improving operational efficiencies, suggesting potential impacts on future growth rates and profitability. The company ended the quarter with a strong cash position of $4.6 billion, providing ample liquidity.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Jun 3, 2025)

Jun 3, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K reporting on two significant events: the release of its financial results for the fiscal quarter ended April 30, 2025, and the approval of a new $1.0 billion share repurchase program by its Board of Directors. While the specific financial details of the quarter are referenced via an attached press release (Exhibit 99.1), the 8-K itself highlights the strategic decision to authorize a substantial share buyback. This program, which has no fixed expiration date, provides the company with flexibility to repurchase its common stock through various methods, including open market purchases and Rule 10b5-1 plans. The company intends to execute these repurchases opportunistically, contingent upon market conditions and stock price, signaling management's confidence in the company's value and its commitment to returning capital to shareholders.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (May 7, 2025)

May 7, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K report indicating that its first quarter fiscal 2026 financial results are expected to be in line with or exceed prior guidance, while also reaffirming its full fiscal year 2026 guidance. This suggests continued operational strength and confidence from management. However, the report also details a strategic restructuring plan that will involve a workforce reduction of approximately 5% (around 500 employees) to enhance operational efficiencies as the company scales towards its $10 billion ARR goal. This plan is expected to incur charges between $36 million and $53 million, primarily in Q1 and Q2 of fiscal 2026, comprising both cash expenditures for severance and non-cash stock-based compensation. Importantly, CrowdStrike intends to exclude these charges from its non-GAAP financial measures, signaling an effort to present a clearer view of ongoing operational performance.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Apr 25, 2025)

Apr 25, 2025

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on April 25, 2025, disclosing the approved compensation package for its Chief Executive Officer and President, George Kurtz, for Fiscal Year 2026. Effective February 1, 2025, Mr. Kurtz's annual base salary will increase to $1,100,000, and his target incentive compensation award will be set at 135%. This announcement, while primarily focused on executive compensation, provides a signal of continued confidence in leadership and their alignment with company performance through incentive structures. Investors should note that this compensation is subject to the terms of the Company's Corporate Incentive Plan, previously filed. The filing does not contain any material financial results or significant business updates beyond this executive compensation adjustment.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Apr 18, 2025)

Apr 18, 2025

This 8-K filing from CrowdStrike Holdings, Inc. (CRWD) reports on executive compensation for fiscal year 2026, specifically detailing the package for President Michael Sentonas. Effective February 1, 2025, Mr. Sentonas's annual base salary will be $875,000, with a target incentive compensation award of 100%. This compensation aligns with the company's established Corporate Incentive Plan. While this filing is routine in nature regarding executive compensation adjustments, it provides clarity on a key executive's remuneration structure moving into the next fiscal year. Investors can view this as an update on the company's commitment to retaining and incentivizing its senior leadership, crucial for executing its growth strategy in the cybersecurity market.

10-K

CrowdStrike Holdings, Inc. Annual Report, Year Ended Jan 31, 2025

Mar 10, 2025

CrowdStrike Holdings, Inc. (CRWD) reported significant revenue growth in its fiscal year ending January 31, 2025, with total revenue increasing by 29% year-over-year to $3.95 billion, primarily driven by a 31% increase in subscription revenue. The company's Annual Recurring Revenue (ARR) reached $4.24 billion, a 23% increase, and its dollar-based net retention rate remained strong at 112%. Despite achieving profitability in fiscal year 2024, the company reported a net loss of $19.3 million for fiscal year 2025. A significant event impacting the company was the July 19 Incident, where a Falcon sensor update caused system crashes for certain Windows systems. This incident led to increased legal, professional services, and general administrative expenses, and is expected to continue to impact sales cycles and customer acquisition. CrowdStrike continues to emphasize its AI-native platform and its "Security Cloud" approach, highlighting its single lightweight agent and the power of its Threat, Intel, and Asset Graphs. The company is expanding its module offerings to cover new areas like generative AI security and IT operations management. Strategic investments in acquisitions, such as Flow Security and Adaptive Shield, demonstrate a commitment to broadening its platform capabilities. The company also noted a 31% increase in international revenue, signaling global expansion efforts.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Mar 4, 2025)

Mar 4, 2025

CrowdStrike Holdings, Inc. (CRWD) has filed a Form 8-K on March 4, 2025, to report on its financial results for the fiscal quarter ended January 31, 2025. The primary purpose of this filing is to furnish the press release announcing these results, which is included as Exhibit 99.1. Investors should refer to this press release for detailed financial performance metrics and management commentary regarding the fourth quarter of their fiscal year 2025. While the 8-K itself provides limited operational detail, it directs investors to the attached press release for the core financial information. Key metrics such as revenue, profitability, subscriber growth, and future guidance are expected to be found within Exhibit 99.1. This filing serves as the official notification of these important quarterly results, allowing for timely investor access to the company's performance update.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Feb 20, 2025)

Feb 20, 2025

CrowdStrike Holdings, Inc. (CRWD) announced a significant executive transition, with Chief Security Officer Shawn Henry retiring from his executive role effective March 31, 2025. While stepping down as CSO and executive officer, Mr. Henry will remain with the company as an Executive Advisor to the CEO, focusing on cybersecurity advocacy and resilience. This move marks a strategic shift in leadership for the security giant, though Mr. Henry's continued involvement in an advisory capacity suggests a commitment to leveraging his expertise.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Rights Modification (Dec 13, 2024)

Dec 13, 2024

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K report detailing the automatic conversion of all outstanding Class B Common Stock into Class A Common Stock, effective December 11, 2024. This conversion was triggered when the number of Class B shares fell below 5% of the total outstanding Class A and Class B shares. The primary impact for investors is the elimination of the dual-class stock structure, specifically the significantly higher voting power (ten votes per share) previously held by Class B stockholders. Consequently, all former Class B holders now possess Class A stock with one vote per share, standardizing voting rights across the shareholder base. The company also filed a Certificate of Retirement to officially retire the converted Class B shares, which reduces the total number of authorized shares of capital stock. This action has no impact on the economic interests of shareholders, as the conversion was on a one-for-one basis and dividend rights, liquidation preferences, and change-of-control treatment remain consistent. For the equity incentive plans, awards are unaffected, though those previously denominated in Class B shares now represent rights to Class A shares. The company's Class A Common Stock will continue to trade under the ticker "CRWD" on the Nasdaq Global Select Market without any change in its CUSIP number.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q3 Ended Oct 31, 2024

Nov 27, 2024

CrowdStrike Holdings, Inc. reported solid financial results for the third quarter of fiscal year 2025, demonstrating continued top-line growth in its core subscription revenue. Total revenue increased by 29% year-over-year to $1.01 billion, primarily driven by a 31% surge in subscription revenue, highlighting the sustained demand for its cybersecurity platform. Despite a notable increase in operating expenses, particularly in sales and marketing and research and development, the company's gross profit remained strong at $755 million, with a consistent gross margin of 75% for subscriptions. However, the company experienced a net loss of $16.8 million for the quarter, a reversal from the net income reported in the prior year's comparable period. This shift is largely attributable to increased operating expenses, including significant investments in growth and expenses related to the July 19th incident, which also impacted sales cycles. Management expects these elevated expenses and longer sales cycles to continue affecting performance in future periods. Despite the quarterly loss, the company's Annual Recurring Revenue (ARR) reached $4.02 billion, reflecting a 27% year-over-year increase, and its dollar-based net retention rate stood at a healthy 115%, indicating strong customer loyalty and expansion. Financially, CrowdStrike maintains a strong liquidity position with $4.3 billion in cash and cash equivalents. While the company is navigating ongoing legal proceedings and associated expenses from the July 19th incident, its core business continues to show resilience. Investors should monitor the impact of increased operating expenses and the ongoing resolution of legal matters, while noting the sustained strength in ARR and customer retention as key positive indicators.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Nov 26, 2024)

Nov 26, 2024

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K Current Report on November 25, 2024, primarily to report its financial results for the fiscal quarter ended October 31, 2024. The company issued a press release on November 26, 2024, detailing these results, which is furnished as an exhibit with this filing. This 8-K serves as the official notification of the release of these important financial updates. While the 8-K itself does not contain the detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for the actual performance data. Investors and analysts should refer to this press release for information regarding revenue, profitability, customer growth, and any forward-looking guidance provided by CrowdStrike for the upcoming periods. The filing also includes the standard cover page interactive data file for XBRL tagging.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q2 Ended Jul 31, 2024

Aug 29, 2024

CrowdStrike Holdings, Inc. reported solid financial results for the quarter ending July 31, 2024, demonstrating continued strong top-line growth with total revenue increasing by 32% year-over-year to $963.9 million. Subscription revenue, the primary driver of growth, was up 33% to $918.3 million. The company achieved a positive income from operations of $13.7 million, a significant improvement from a loss in the prior year's quarter. This growth was achieved despite the "Channel File 291 Incident" in July, which has led to increased operating expenses, particularly in sales and marketing, and research and development, as the company incurs costs related to remediation, legal proceedings, and customer relations. Despite the impact of the incident, CrowdStrike maintained its annual recurring revenue (ARR) growth at 32%, reaching $3.9 billion. The company's balance sheet remains strong with $4.0 billion in cash and cash equivalents, providing ample liquidity. The management continues to invest in growth initiatives, which is reflected in the increased operating expenses. While the incident has caused some elongation of sales cycles and increased expenses, the core business appears resilient, with subscription gross margins remaining strong at 78%. Investors will closely monitor the company's ability to manage the ongoing fallout from the incident and maintain its growth trajectory.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Aug 28, 2024)

Aug 28, 2024

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K report on August 28, 2024, to announce its financial results for the fiscal quarter ended July 31, 2024. The report primarily incorporates a press release detailing these results, which is furnished as Exhibit 99.1. Investors should refer to this press release for specific financial performance metrics, operational achievements, and forward-looking guidance. While the 8-K itself does not contain the detailed financial figures, it serves as the official notification of their release. The information presented in the accompanying press release is crucial for understanding the company's recent performance in areas such as revenue, profitability, customer growth, and strategic initiatives. Investors are advised to review Exhibit 99.1 for a comprehensive understanding of CrowdStrike's financial condition and results of operations for the reported quarter.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Corporate Update (Jul 22, 2024)

Jul 22, 2024

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on July 22, 2024, reporting an incident involving a sensor configuration update for its Falcon sensor software. Released on July 19, 2024, this update unintentionally caused outages for certain customers using specific Windows systems. The company has confirmed this was not a cyberattack but rather a software issue. Teams were immediately mobilized to address the situation, reverting the update within approximately 90 minutes of its release and working to restore affected customer systems. The ongoing evaluation of the event's impact on business and operations is a key point for investors. While the company is actively engaged in remediation and providing support, the full extent of the consequences, including potential financial or customer churn impacts, remains under assessment. Investors should monitor further disclosures for updates on the resolution and any potential long-term effects on CrowdStrike's reputation and performance.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Shareholder Vote Results (Jun 21, 2024)

Jun 21, 2024

This 8-K filing from CrowdStrike Holdings, Inc. reports on the outcomes of its Annual Meeting of Stockholders held on June 18, 2024. The key information for investors revolves around the shareholder votes on important corporate matters. All proposals presented to shareholders, including the election of Class II Directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and an advisory vote on executive compensation, received overwhelming support from the voting stockholders. The results indicate strong shareholder confidence in the company's leadership and financial oversight. The election of directors, ratification of auditors, and the advisory vote on executive compensation all passed with significant majorities, reflecting general approval from the company's owners. This filing provides transparency on corporate governance and shareholder engagement.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q1 Ended Apr 30, 2024

Jun 5, 2024

CrowdStrike Holdings, Inc. reported a strong first quarter for fiscal year 2025, demonstrating significant top-line growth and a return to profitability. Total revenue surged by 33% year-over-year to $921.0 million, primarily driven by a robust 34% increase in subscription revenue. The company also saw a positive shift to profitability, reporting a net income of $46.3 million for the quarter, a substantial increase from a net income of $0.5 million in the prior year period. This financial performance underscores CrowdStrike's continued execution and market traction in the cybersecurity sector, supported by consistent demand for its cloud-native platform. The company also highlighted its growing Annual Recurring Revenue (ARR), which reached $3.6 billion, reflecting a 33% year-over-year increase and indicating strong customer retention and expansion. Despite increased operating expenses related to growth investments, particularly in sales and marketing and research and development, CrowdStrike managed to improve its operating income significantly, signaling efficient scaling and strong operational leverage.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Jun 4, 2024)

Jun 4, 2024

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on June 4, 2024, to announce its financial results for the fiscal quarter ended April 30, 2024. While the full financial details are provided in the press release furnished as Exhibit 99.1, the core purpose of this filing is to officially report these results. Investors should refer to the press release for a comprehensive understanding of the company's performance, including revenue, profitability, and any forward-looking guidance. The 8-K itself serves as a notification of the results being made public, rather than containing the detailed financial statements directly within the form.

10-K

CrowdStrike Holdings, Inc. Annual Report, Year Ended Jan 31, 2024

Mar 7, 2024

CrowdStrike Holdings, Inc. reported strong financial performance for the fiscal year ended January 31, 2024, with total revenue increasing by 36% year-over-year to $3.1 billion, driven primarily by a 36% increase in subscription revenue. The company achieved its first full year of profitability with a net income of $89.3 million, a significant improvement from the prior year's net loss. Annual Recurring Revenue (ARR) grew 34% to $3.4 billion, and the dollar-based net retention rate remained healthy at 119%, indicating strong customer loyalty and expansion. The company continues to invest in its AI-native Falcon platform, expanding its module offerings across various security domains including cloud security, endpoint security, exposure management, and identity protection. Recent acquisitions, such as Bionic, further bolster its Application Security Posture Management capabilities. CrowdStrike's strategy of a single, lightweight agent and its cloud-native architecture remain key differentiators, enabling it to address the increasing sophistication of cyber threats and the growing attack surface caused by hybrid workforces.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Mar 5, 2024)

Mar 5, 2024

CrowdStrike Holdings, Inc. (CRWD) has filed an 8-K report on March 5, 2024, primarily to furnish a press release detailing its financial results for the fiscal quarter ended January 31, 2024. While the 8-K itself does not contain the detailed financial figures, it directs investors to the furnished press release (Exhibit 99.1) for this crucial information. This filing indicates that the company is adhering to its reporting schedule and providing timely updates to the market regarding its operational and financial performance. Investors should refer to the referenced press release for a comprehensive understanding of the quarterly results, including revenue, profitability, and any forward-looking guidance.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q3 Ended Oct 31, 2023

Nov 29, 2023

CrowdStrike Holdings, Inc. reported strong financial results for the third quarter of fiscal year 2024, showcasing robust year-over-year growth. Total revenue reached $786.0 million, a 35% increase compared to the prior year's third quarter, driven primarily by subscription revenue which grew 34% to $733.5 million. The company demonstrated improved profitability, moving from a net loss of $55.0 million in the prior year's third quarter to a net income of $26.7 million in the current quarter. This turnaround was supported by a significant improvement in gross margin, which increased to 75% from 73% year-over-year, indicating effective cost management and economies of scale. The company also saw a substantial increase in cash flow from operations, highlighting strong cash generation capabilities. Key operational highlights include continued expansion of Annual Recurring Revenue (ARR) to $3.15 billion, a 35% increase year-over-year, reflecting sustained customer demand and expansion. The company also completed the acquisition of Bionic Technology for $238.7 million in cash, which is expected to enhance its Application Security Posture Management capabilities. Despite investments in growth, including increased sales and marketing and research and development expenses, CrowdStrike is demonstrating a clear path to profitability and strong operational execution, positioning it well for future growth in the cybersecurity market.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Nov 28, 2023)

Nov 28, 2023

CrowdStrike Holdings, Inc. (CRWD) has filed a Form 8-K on November 27, 2023, to report its financial results for the fiscal quarter ended October 31, 2023. The key information is contained within a press release furnished as Exhibit 99.1. This filing serves to officially announce the company's performance metrics and financial condition for the period, providing investors with the latest official data points. While the specific financial details are within the press release, this 8-K filing ensures that these results are publicly disclosed in compliance with SEC regulations. Investors should refer to the furnished press release for comprehensive insights into revenue, profitability, earnings per share, and any forward-looking guidance provided by CrowdStrike for the upcoming periods. The filing itself is procedural, with the substance of the financial update residing in the attached exhibit.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q2 Ended Jul 31, 2023

Aug 31, 2023

CrowdStrike Holdings, Inc. reported strong performance for the second quarter of fiscal year 2024, with total revenue reaching $731.6 million, a significant increase of 37% year-over-year. Subscription revenue, the primary driver of growth, was up 36% to $690.0 million, indicating continued strong demand for its cloud-native cybersecurity platform. The company demonstrated improved operational efficiency, with gross profit increasing by 39% and gross margin expanding to 75%. While operating expenses also increased, driven by investments in sales, marketing, and R&D to support growth, the company managed to reduce its operating loss from $48.3 million in the prior year's quarter to $15.4 million. This indicates a positive trend towards profitability as revenue growth outpaces expense growth. Financially, CrowdStrike maintained a healthy liquidity position with $3.2 billion in cash and cash equivalents. The company also reported positive cash flow from operations of $545.7 million for the first six months of the fiscal year. The increase in interest income was a notable contributor to the company's improved net income, which turned positive at $8.5 million for the quarter, a significant improvement from a net loss of $49.3 million in the same quarter last year. Overall, the report signals robust top-line growth, improving profitability metrics, and a strong financial foundation for future expansion.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Aug 30, 2023)

Aug 30, 2023

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on August 30, 2023, primarily to furnish a press release announcing its financial results for the fiscal quarter ended July 31, 2023. While the 8-K itself does not contain the detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for this crucial information. This filing is a standard procedure to make the quarterly earnings announcement publicly available, signaling to the market the company's recent performance.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Shareholder Vote Results (Jun 22, 2023)

Jun 22, 2023

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on June 22, 2023, reporting the results of its Annual Meeting of Stockholders held on June 21, 2023. The key outcomes of the meeting include the election of Class I directors and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2024. The voting results indicate strong support from shareholders for both the director nominees and the accounting firm. For investors, the successful election of directors and ratification of the auditor suggest continuity in corporate governance and financial oversight. The substantial majority of votes in favor for each proposal demonstrates shareholder confidence in the current leadership and the company's financial reporting integrity. The filing confirms that the company's annual meeting proceeded as planned with decisive outcomes on critical governance matters.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q1 Ended Apr 30, 2023

Jun 1, 2023

CrowdStrike Holdings, Inc. reported strong revenue growth in its first quarter of fiscal year 2024, with total revenue increasing by 42% year-over-year to $692.6 million. This growth was primarily driven by a 42% increase in subscription revenue, highlighting the continued demand for its cloud-native cybersecurity solutions. The company also demonstrated improved profitability, moving from a net loss of $30.4 million in the prior year's quarter to a net income of $0.5 million. This turnaround, coupled with robust operating cash flow of $300.9 million, signals positive financial momentum. Key operational metrics remain strong, with Annual Recurring Revenue (ARR) reaching $2.7 billion, a 42% increase year-over-year. The dollar-based net retention rate exceeded 120%, indicating strong customer loyalty and expansion. Despite increased operating expenses, particularly in sales and marketing and research and development to fuel future growth, the company's gross profit margin improved to 76%, driven by efficiencies in its subscription services. CrowdStrike's solid balance sheet, with $2.8 billion in cash and cash equivalents, provides ample liquidity for continued investment and strategic initiatives.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (May 31, 2023)

May 31, 2023

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on May 31, 2023, to report its financial results for the fiscal quarter ended April 30, 2023. The core of the filing is the press release (Exhibit 99.1) containing these results, which provides investors with the company's latest performance metrics. While the 8-K itself does not contain the detailed financial data, it serves as the official notification and makes the press release available as a furnished document. Investors should refer to the furnished press release (Exhibit 99.1) for specific details on revenue, profitability, earnings per share, and any forward-looking guidance. This filing is crucial for understanding CrowdStrike's recent operational and financial condition, as it represents the company's official communication of its quarterly performance. It is important to note that the information furnished under Item 2.02 and Item 9.01 is generally not considered "filed" for purposes of liability under Section 18 of the Exchange Act, but it remains a key source of timely information for market participants.

10-K

CrowdStrike Holdings, Inc. Annual Report, Year Ended Jan 31, 2023

Mar 9, 2023

CrowdStrike Holdings, Inc. reported strong year-over-year revenue growth of 54% for the fiscal year ending January 31, 2023, reaching $2.24 billion. Subscription revenue remains the dominant contributor, growing 55% to $2.11 billion. The company continues to expand its customer base, with a 41% increase in subscription customers, reaching over 23,000. Annual Recurring Revenue (ARR) also saw robust growth, up 48% to $2.6 billion. Despite significant revenue growth, CrowdStrike reported a net loss of $183.2 million for the fiscal year, reflecting continued investment in sales and research and development to capitalize on the large market opportunity. The company maintains a strong liquidity position with $2.5 billion in cash and cash equivalents.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Mar 7, 2023)

Mar 7, 2023

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on March 7, 2023, primarily to announce its financial results for the fiscal quarter ended January 31, 2023. The company issued a press release on March 7, 2023, detailing these results. While the specific financial figures are not detailed within the 8-K text itself, the filing serves as the official notification of the earnings release to the market. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive details on revenue, profitability, and other key performance indicators. The information presented in this 8-K is furnished and not deemed "filed" under Section 18 of the Exchange Act. This means it doesn't carry the same legal liabilities as a formally filed document, though it is still a material disclosure. Investors are encouraged to review the accompanying press release for the most up-to-date and detailed financial performance information for CrowdStrike.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Mar 3, 2023)

Mar 3, 2023

This 8-K filing from CrowdStrike Holdings, Inc. announces a significant internal leadership change: Michael Sentonas has been appointed as the company's President, effective March 1, 2023. Mr. Sentonas, who previously served as Chief Technology Officer, brings extensive experience in technology and cybersecurity to this expanded role. This appointment is part of a broader update to the company's bylaws to allow for greater flexibility in appointing individuals to company offices. For investors, this signifies a strategic move to elevate a seasoned executive into a key leadership position, potentially signaling a continued focus on technological innovation and operational execution within the cybersecurity giant. The appointment of an internal candidate with deep knowledge of CrowdStrike's technology stack and market position suggests a commitment to continuity and leveraging existing expertise. The amendment to the bylaws is a more procedural item but allows for future agility in corporate governance.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Jan 23, 2023)

Jan 23, 2023

CrowdStrike Holdings, Inc. (CRWD) has announced a board composition change through an 8-K filing on January 23, 2023. The company appointed Johanna Flower to its Board of Directors, increasing the board size from eight to nine members. Ms. Flower brings a deep understanding of CrowdStrike, having previously served as Chief Marketing Officer from January to November 2022 and in the same role from 2014 to 2020. While Ms. Flower's prior executive role means she is not considered independent under Nasdaq rules, her appointment is expected to provide valuable insights. Her experience includes advisory work for various companies and current board positions at Freshworks, Inc., ForgeRock, Inc., and several private entities. This move signals a continued focus on leveraging experienced leadership to guide the company's strategic direction.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q3 Ended Oct 31, 2022

Nov 30, 2022

CrowdStrike Holdings, Inc. reported strong year-over-year revenue growth of 53% for the third quarter of fiscal year 2023, reaching $580.9 million. Subscription revenue, which forms the vast majority of their income, increased by 53% to $547.4 million, driven by new customer acquisition and expansion of existing customer contracts. The company continues to invest heavily in sales and marketing, and research and development, leading to an operating loss of $56.4 million for the quarter, an increase from the prior year's loss of $40.3 million. Despite the ongoing net loss, CrowdStrike's cash position remains robust, with $2.5 billion in cash and cash equivalents at the end of the quarter, and a significant increase in net cash provided by operating activities to $667.7 million for the first nine months of the fiscal year. The company added 1,460 net new subscription customers, bringing the total to 21,146, a 44% increase year-over-year. Annual Recurring Revenue (ARR) grew by 54% to $2.3 billion. The dollar-based net retention rate remained strong, exceeding 120%. These key metrics indicate continued market traction and effective customer expansion strategies. Management remains focused on investing in growth and expanding its cloud-native cybersecurity platform, which positions the company for continued long-term expansion in the cybersecurity market.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Nov 29, 2022)

Nov 29, 2022

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on November 29, 2022, to report its financial results for the fiscal quarter ended October 31, 2022. The key information is contained within the press release furnished as Exhibit 99.1, which details the company's performance. Investors should review this press release for specific figures related to revenue, earnings, and any forward-looking statements provided by management. This filing serves as the official channel for disseminating these results. It's important to note that the information furnished under Item 2.02 and Item 9.01 is not considered "filed" under Section 18 of the Exchange Act, meaning it does not carry the same liability as formally filed documents, but it remains crucial for understanding the company's financial standing and operational progress during the reported quarter.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q2 Ended Jul 31, 2022

Aug 31, 2022

CrowdStrike Holdings, Inc.'s 10-Q filing for the period ending July 30, 2022, shows a strong top-line performance with total revenue increasing by 58% year-over-year to $535.2 million for the second quarter. This growth was primarily driven by a 60% increase in subscription revenue, reflecting the company's successful land-and-expand strategy and continued customer acquisition, with subscription customers growing 51% year-over-year to 19,686. Despite robust revenue growth, the company reported a net loss of $49.3 million for the quarter, an improvement from a net loss of $57.3 million in the prior year's comparable quarter. This improved profitability was driven by a 60% increase in gross profit, outpacing the 50% rise in total operating expenses. The company continues to invest heavily in sales and marketing, and research and development to support its rapid growth and maintain its competitive position in the cybersecurity market.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Aug 30, 2022)

Aug 30, 2022

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on August 30, 2022, to announce its financial results for the fiscal quarter ended July 31, 2022. The primary purpose of this filing is to furnish a press release detailing these results, which is included as Exhibit 99.1. Investors should note that the information in this filing, specifically regarding the financial results, is furnished and not deemed "filed" for certain regulatory purposes, meaning it doesn't automatically subject the company to Section 18 liabilities, nor is it automatically incorporated into other SEC filings unless specifically referenced. While the 8-K itself is procedural, the furnished press release contains the core financial and operational data that investors will be analyzing. This includes key metrics such as revenue, earnings per share, and forward-looking guidance, which are crucial for assessing the company's performance and future prospects. Investors should refer to the press release (Exhibit 99.1) for the detailed financial performance and operational highlights for the quarter.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Shareholder Vote Results (Jul 6, 2022)

Jul 6, 2022

This 8-K filing from CrowdStrike Holdings, Inc. details the results of its Annual Meeting of Stockholders held on June 29, 2022, and updates to its Outside Director Compensation Policy. Key outcomes from the meeting include the election of Class III Directors Cary J. Davis, George Kurtz, and Laura J. Schumacher, all of whom received substantial support from shareholders. Additionally, the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2023, was overwhelmingly ratified. Beyond the meeting's formal votes, the company announced significant revisions to its Outside Director Compensation Policy, effective June 29, 2022. These revisions aim to attract and retain qualified board members by adjusting both cash and equity compensation. The updated policy includes specific cash retainers for various board roles and introduces a new Restricted Stock Unit (RSU) grant structure for non-employee directors, including initial grants upon joining and annual grants, designed to further align director interests with those of stockholders.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q1 Ended Apr 30, 2022

Jun 3, 2022

CrowdStrike Holdings, Inc. reported strong revenue growth for the first quarter of fiscal year 2023, with total revenue increasing by 61% year-over-year to $487.8 million. This growth was primarily driven by its subscription-based offerings, which saw a 64% increase. Despite the robust top-line performance, the company reported a net loss of $30.4 million for the quarter, an improvement from the $82.9 million net loss in the same period last year. This indicates continued investment in growth initiatives, such as sales and marketing, and research and development, which are essential for maintaining its competitive edge in the cybersecurity market. The company also demonstrated solid operational cash flow generation, with net cash provided by operating activities of $215.0 million, a significant increase from the prior year. This strong cash flow, coupled with a substantial cash balance of $2.2 billion, provides ample liquidity for future operations and strategic investments. Key growth metrics remain positive, with subscription customers growing by 57% year-over-year to 17,945 and Annual Recurring Revenue (ARR) reaching $1.9 billion, a 61% increase.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Jun 2, 2022)

Jun 2, 2022

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on June 2, 2022, primarily to furnish a press release announcing its financial results for the fiscal quarter ended April 30, 2022. This filing serves as an important notification to investors regarding the company's performance and financial condition. While the 8-K itself does not contain the detailed financial figures, it directs investors to the furnished press release (Exhibit 99.1) for these critical updates. Investors should review the press release associated with this filing for specific details on revenue, profitability, key performance indicators, and forward-looking guidance. The 8-K format ensures that this information is publicly disseminated in a timely manner, allowing stakeholders to make informed investment decisions. It's important to note that the information furnished under Item 2.02 is not considered 'filed' for purposes of liability under Section 18 of the Exchange Act, but it remains a crucial source of information.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Apr 8, 2022)

Apr 8, 2022

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on April 7, 2022, announcing two key personnel and compensation-related events. The most significant development is the appointment of Anurag Saha as the new Chief Accounting Officer (CAO) and principal accounting officer, effective immediately on April 6, 2022. Mr. Saha brings extensive experience, having previously served as the Company's Senior Vice President of Finance Transformation and holding senior roles at Meta Platforms and PricewaterhouseCoopers, including 16 years at PwC where he became a partner. His qualifications include a Chartered Accountant from India and a Certified Public Accountant in California. Additionally, the filing details the approved compensation packages for fiscal year 2023 for the Company's senior executives, including named executive officers, effective February 1, 2022. Key executives such as George Kurtz (CEO), Burt W. Podbere (CFO), and Shawn Henry (President of CrowdStrike Services and Chief Security Officer) have had their base salaries and target incentive compensation awards established. This information provides insight into the company's executive remuneration strategy and leadership stability.

10-K

CrowdStrike Holdings, Inc. Annual Report, Year Ended Jan 31, 2022

Mar 16, 2022

CrowdStrike Holdings, Inc.'s (CRWD) 2022 10-K filing showcases a company experiencing robust growth driven by its cloud-native cybersecurity platform. The company emphasizes its "Security Cloud" approach, leveraging AI and a vast data network to deliver comprehensive endpoint and cloud workload protection. Key financial highlights include significant year-over-year revenue growth of 66%, reaching $1.45 billion, with subscription revenue constituting the vast majority (94%). The customer base expanded by 65% to over 16,000, and Annual Recurring Revenue (ARR) grew by 65% to $1.7 billion, demonstrating strong market adoption and customer retention with a dollar-based net retention rate exceeding 120%. Despite this growth, CrowdStrike continues to invest heavily in sales, marketing, and research and development, resulting in a net loss of $234.8 million for fiscal year 2022. The company's strategy focuses on replacing legacy solutions, expanding within existing customers, and entering new markets, positioning it for continued expansion in the dynamic cybersecurity landscape.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Mar 9, 2022)

Mar 9, 2022

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on March 9, 2022, to report its financial results for the fiscal quarter ended January 31, 2022. While the 8-K itself does not contain the detailed financial figures, it officially furnishes a press release (Exhibit 99.1) that provides these results. Investors should refer to this press release for specific performance metrics, revenue figures, profitability, and forward-looking guidance. The primary purpose of this filing is to ensure timely disclosure of material financial information to the public. Investors will want to examine the furnished press release for key performance indicators such as subscription revenue growth, customer acquisition, earnings per share, and any updates to the company's outlook for the upcoming fiscal year. This information is crucial for assessing the company's ongoing growth trajectory and overall financial health within the cybersecurity sector.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Jan 14, 2022)

Jan 14, 2022

This 8-K filing from CrowdStrike Holdings, Inc. (CRWD), dated January 14, 2022, primarily details the grant of a significant performance stock unit (PSU) award to Chief Financial Officer Burt Podbere. The award, comprising 115,000 PSUs, is designed to incentivize Mr. Podbere through multi-year retention and align his compensation with the company's long-term strategic goals and stockholder value creation. The PSUs are subject to both rigorous stock price hurdles and service-based vesting conditions, with performance measured over a period extending to January 31, 2027. Investors should note that the structure of this award is heavily weighted towards achieving substantial stock price appreciation. The PSUs are divided into four tranches, each with increasing stock price hurdles ranging from $320 to $490 per share. Vesting of each tranche requires the company's average closing stock price to exceed its respective hurdle for 45 consecutive trading days, alongside continued employment. This structure suggests management's confidence in future growth and their commitment to aligning executive compensation with significant increases in shareholder wealth. The filing also clarifies provisions for change-in-control scenarios and termination of employment.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Executive Changes (Dec 30, 2021)

Dec 30, 2021

CrowdStrike Holdings, Inc. filed an 8-K on December 30, 2021, reporting the resignation of a board member, Joseph Sexton. Mr. Sexton's resignation will be effective January 31, 2022. This event, while a change in board composition, does not appear to be tied to any immediate operational or financial concerns based on the information provided. Investors should note this director departure as a routine update to corporate governance.

10-Q

CrowdStrike Holdings, Inc. Quarterly Report for Q3 Ended Oct 31, 2021

Dec 2, 2021

CrowdStrike Holdings, Inc.'s (CRWD) Form 10-Q filing for the period ending October 30, 2021, primarily outlines significant risks and uncertainties facing the company. As a rapidly growing entity in the evolving cloud-based SaaS endpoint security market, CrowdStrike faces challenges in customer acquisition, retention, and competition from established and emerging players. The company emphasizes its limited operating history, making future predictions difficult and increasing investment risk. The report highlights the ongoing impact of the COVID-19 pandemic, which could adversely affect sales cycles, customer spending, and overall revenue. Furthermore, CrowdStrike's reliance on its cloud-native Falcon platform necessitates continuous innovation and adaptation to sophisticated cyber threats. Potential disruptions in data center operations, intense competition, and the critical need to maintain brand reputation and customer trust are central themes. Investors should be aware of the substantial number of risk factors detailed, which are typical for a high-growth technology company operating in a dynamic cybersecurity landscape.

8-K

CrowdStrike Holdings, Inc. 8-K Report, Financial Results (Dec 1, 2021)

Dec 1, 2021

CrowdStrike Holdings, Inc. (CRWD) filed an 8-K on December 1, 2021, to report its financial results for the fiscal quarter ended October 31, 2021. The core of this filing is the furnished press release (Exhibit 99.1), which contains the company's performance metrics and operational highlights for the period. While the filing itself is procedural, the information within the press release is crucial for investors seeking to understand the company's recent financial health and growth trajectory. Investors should refer to the press release for details on revenue, profitability, customer growth, and any forward-looking statements or guidance provided by the company. It's important to note that the information furnished in this 8-K is not deemed "filed" under Section 18 of the Exchange Act, meaning it does not carry the same legal implications as formally filed documents, but it remains the primary source for the quarter's official financial disclosure.