← CrowdStrike Holdings, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | — | ($140.1m) | ($141.8m) | ($92.6m) | ($232.4m) | ($182.3m) | $90.6m | ($16.6m) | ($161.2m) | |
| Depreciation and amortization | $7.1m | $14.8m | $23.0m | $38.7m | $55.9m | $77.2m | $126.8m | $188.0m | $250.2m | |
| Amortization of intangible assets | $628k | $583k | $487k | $1.4m | $12.9m | $16.6m | $18.4m | $26.0m | $31.2m | |
| Amortization of deferred contract acquisition costs | $12.5m | $28.6m | $35.5m | $66.4m | $113.9m | $170.8m | $238.9m | $318.8m | $449.4m | |
| Deferred income taxes | — | — | ($681k) | ($1.5m) | ($14.0m) | $1.3m | ($3.4m) | ($9.9m) | ($14.8m) | |
| Non-cash operating lease cost | ($58.8m) | $0 | $0 | $7.8m | $9.1m | $9.4m | $13.4m | $15.3m | $17.2m | |
| Non-cash interest expense | $1.0m | $98k | $435k | $853k | $2.5m | $2.8m | $3.2m | $3.8m | $5.4m | |
| Operating lease liabilities | — | $0 | $0 | ($8.1m) | ($9.9m) | ($10.4m) | ($14.0m) | ($15.7m) | ($13.7m) | |
| Operating lease liabilities arising from obtaining operating right-of-use assets | — | — | — | $6.2m | $4.9m | $18.5m | $16.4m | $6.8m | $40.9m | |
| Stock-based compensation expense | $12.3m | $20.5m | $79.9m | $149.7m | $310.0m | $526.5m | $631.5m | $865.4m | $1.1b | |
| Realized gains on strategic investments | — | — | — | — | $0 | $0 | ($3.9m) | ($6.3m) | ($4.2m) | |
| Change in fair value of strategic investments | — | — | $0 | $0 | ($4.8m) | ($1.8m) | $1.5m | $1.0m | $1.6m | |
| Accounts receivable, net | ($35.3m) | ($33.4m) | ($73.1m) | ($72.5m) | ($125.4m) | ($258.1m) | ($217.7m) | ($274.2m) | ($232.5m) | |
| Deferred contract acquisition costs | ($25.3m) | ($45.1m) | ($86.6m) | ($151.0m) | ($234.3m) | ($298.7m) | ($371.6m) | ($584.5m) | ($703.7m) | |
| Prepaid expenses and other assets | ($12.7m) | ($5.8m) | ($43.5m) | $1.2m | ($29.5m) | ($46.8m) | ($102.5m) | ($190.2m) | ($206.2m) | |
| Accounts payable | $7.1m | ($2.4m) | ($6.6m) | $11.3m | $33.2m | ($15.5m) | ($18.9m) | $84.9m | ($11.3m) | |
| Accrued expenses and other liabilities | $16.6m | $3.6m | $9.2m | $23.8m | $38.5m | $58.9m | $14.6m | $218.5m | $22.6m | |
| Accrued payroll and benefits | $9.0m | $971k | $17.5m | $33.2m | $32.7m | $65.2m | $65.1m | $85.9m | $61.6m | |
| Deferred revenue | $82.2m | $131.1m | $280.8m | $338.8m | $616.4m | $825.8m | $696.6m | $669.3m | $1.0b | |
| Purchases of property and equipment | ($22.9m) | ($35.9m) | ($80.2m) | ($52.8m) | ($112.1m) | ($235.0m) | ($176.5m) | ($254.9m) | ($302.1m) | |
| Capitalized internal-use software and website development costs | ($6.5m) | ($6.8m) | ($7.3m) | ($10.9m) | ($20.9m) | ($29.1m) | ($49.5m) | ($59.0m) | ($68.8m) | |
| Purchases of intangible assets | ($307k) | $0 | $0 | ($180k) | ($680k) | ($2.3m) | ($11.1m) | $0 | $0 | |
| Distributions to non-controlling interest holders | — | — | — | — | — | $0 | $0 | ($4.9m) | ($2.5m) | |
| Capital contributions from non-controlling interest holders | $0 | $0 | $500k | $800k | $8.2m | $11.0m | $8.1m | $8.5m | $6.0m | |
| Net increase (decrease) in property and equipment included in accounts payable and accrued expenses | $3.5m | $3.0m | ($3.2m) | $1.0m | $6.5m | $22.4m | ($3.1m) | $9.5m | ($5.2m) | |
| Equity consideration for acquisitions | — | $0 | $0 | $3.8m | $4.0m | $50k | $652k | $1.2m | $2.3m | |
| Stock-based compensation included in capitalized software development costs and fixed assets | — | — | — | — | $10.9m | $20.2m | $31.9m | $37.0m | $57.0m | |
| Net cash provided by operating activities | ($58.8m) | ($23.0m) | $99.9m | $356.6m | $574.8m | $941.0m | $1.2b | $1.4b | $1.6b | |
| Business acquisitions, net of cash and restricted cash acquired | ($6.5m) | $0 | $0 | ($85.5m) | ($414.5m) | ($18.3m) | ($239.0m) | ($310.3m) | ($382.3m) | |
| Accretion of short-term investments purchased at a discount | $0 | ($1.2m) | ($1.2m) | $578k | $0 | $0 | ($2.3m) | $2.3m | $0 | |
| Purchases of strategic investments | — | — | ($1.0m) | ($1.5m) | ($16.3m) | ($21.8m) | ($17.2m) | ($19.7m) | ($10.8m) | |
| Purchases of short-term investments | — | — | — | — | $0 | ($250.0m) | ($195.6m) | $0 | $0 | |
| Purchases of deferred compensation investments | — | — | — | $0 | $0 | ($64k) | ($2.0m) | ($2.7m) | ($6.0m) | |
| Noncash consideration for the purchase of strategic investments | — | — | — | — | — | $0 | $0 | $3.3m | $1.1m | |
| Proceeds from sales of strategic investments | — | — | — | — | $0 | $0 | $2.0m | $12.5m | $5.2m | |
| Proceeds from maturities and sales of short-term investments | — | — | — | — | $0 | $0 | $348.3m | $97.3m | $0 | |
| Proceeds from the sale of deferred compensation investments | — | — | — | — | — | $0 | $0 | $106k | $207k | |
| Proceeds from sales of strategic investments not yet received | — | — | — | — | $0 | $0 | $8.8m | $5.0m | $9.2m | |
| Noncash consideration received from sales of strategic investments | — | — | — | — | — | $0 | $0 | $3.3m | $0 | |
| Net cash used in investing activities | ($28.3m) | ($142.0m) | ($629.6m) | $495.4m | ($564.5m) | ($556.7m) | ($340.6m) | ($536.6m) | ($764.5m) | |
| Proceeds from issuance of common stock upon exercise of stock options | $3.7m | $3.9m | $21.5m | $28.8m | $15.9m | $8.7m | $8.7m | $4.0m | $3.2m | |
| Proceeds from issuance of common stock under the employee stock purchase plan | $0 | $0 | $12.4m | $34.3m | $50.3m | $59.4m | $76.4m | $99.6m | $125.8m | |
| Fair value of common stock to be issued for consideration transferred | — | — | — | — | — | — | $0 | $0 | $10.3m | |
| Net cash provided by financing activities | $126.8m | $190.4m | $706.1m | $800.1m | $72.5m | $77.4m | $93.2m | $107.2m | $132.5m | |
| Effect of foreign exchange rates on cash, cash equivalents, and restricted cash | $618k | ($162k) | ($66k) | $1.7m | ($4.8m) | ($1.5m) | $2.0m | ($5.3m) | $9.6m | |
| Net increase in cash, cash equivalents, and restricted cash | $40.4m | $25.2m | $176.4m | $1.7b | $78.0m | $460.3m | $920.7m | $947.1m | $990.0m | |
| Cash, cash equivalents, and restricted cash at beginning of period | $63.2m | $88.4m | $264.8m | $1.9b | $2.0b | $2.5b | $3.4b | $4.3b | $5.3b | |
| Cash and cash equivalents | — | — | — | $1.9b | $2.0b | $2.5b | $3.4b | $4.3b | $5.2b | |
| Restricted cash included in prepaid expenses and other current assets | — | — | — | — | — | — | $2.5m | $1.4m | $523k | |
| Restricted cash included in other long-term assets | — | — | — | — | — | — | $0 | $0 | $84.0m | |
| Restricted cash held in escrow for purchase consideration for business combinations | $1.8m | $0 | $0 | — | — | — | $0 | $0 | $82.5m | |
| Interest paid | $1.6m | $449k | $7k | $18k | $275k | $22.6m | $22.5m | $22.5m | $22.5m | |
| Income taxes paid, net of refunds received | $107k | $1.4m | $1.9m | $1.7m | $74.7m | $11.9m | $22.6m | $19.0m | $51.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.