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03Detailed Report
CRWD
CrowdStrike Holdings Inc
Period
Q4 2024
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 14, 2026
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Executive Summary
CrowdStrike Holdings Inc (CRWD) demonstrated remarkable performance in Q4 2024, achieving record revenue of $845.3 million, marking a YoY growth of 33%. This quarter's net income reached $53.7 million, translating to $0.22 per diluted share, both figures surpassing expectations and underscoring the firm's operational efficiency and competitive edge in the cybersecurity landscape. Management highlighted a substantial increase in net new Annual Recurring Revenue (ARR), recording $282 million, which reflects a 27% year-over-year growth, affirming the company's significant market traction and customer demand for its Falcon platform. Moreover, CrowdStrike's cash flow from operations totaled $347 million, indicating robust free cash flow generation at 33% of revenue, which will bolster investments and growth strategies moving into fiscal year 2025.
Key Performance Indicators
Revenue
Increasing
845.34M
QoQ: 7.55% | YoY: 32.63%
Gross Profit
Increasing
636.08M
75.20% margin
QoQ: 7.63% | YoY: 37.75%
Operating Income
Increasing
31.10M
QoQ: 883.21% | YoY: 150.57%
Net Income
Increasing
53.70M
QoQ: 101.38% | YoY: 209.74%
EPS
Increasing
0.22
QoQ: 100.00% | YoY: 204.76%
Revenue Trend
Margin Analysis
Financial Highlights
Financial Performance Highlights:
- Revenue: $845.3 million, up 33% YoY
- Net Income: $53.7 million with a diluted EPS of $0.22, represents a 209.74% increase from last year.
- Operating Margin: 25%, a 10 percentage point improvement YoY.
- Free Cash Flow: $283 million, 33% of revenue with a Rule of 66 achievement.
- ARR: Closed at $3.44 billion, up 34% YoY, with record contributions from all solutions, including cloud security growing nearly 200%.
The highlights reflect strong operational leverage, improved margins, and successful execution of strategic initiatives that have fortified CrowdStrike's position as a market leader in cybersecurity solutions.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
845.34M
32.63%
7.55%
Gross Profit
636.08M
37.75%
7.63%
Operating Income
31.10M
150.57%
883.21%
Net Income
53.70M
209.74%
101.38%
EPS
0.22
204.76%
100.00%
Key Financial Ratios
Gross Profit Margin
Excellent
75.20%
Gross profit margin is exceptional, indicating strong pricing power and operational efficiency
Operating Profit Margin
Weak
3.68%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Fair
6.35%
Net profit margin is moderate, room for improvement in cost management
Return on Assets
Weak
0.81%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
2.33%
Return on equity suggests inefficient capital allocation
Current Ratio
Healthy
1.67
Current ratio shows adequate liquidity to meet short-term obligations
Debt to Equity
Moderate
0.34
Debt-to-equity indicates balanced capital structure with manageable debt
P/E Ratio
High Growth
327.99x
Very high P/E indicates aggressive growth expectations, higher risk
Price to Book
High Premium
30.58x
Very high premium suggests asset-light business model or lofty expectations
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