# CrowdStrike Holdings, Inc. Class A Common Stock (CRWD) — Stock CV

CrowdStrike Holdings, Inc. is a $282B technology company. Revenue grew 24.3% over the last year, it keeps 1¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 4817.4× earnings — in the most expensive third of its own history.

> CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations.

## Identity

- **Ticker**: CRWD
- **Sector**: Technology
- **Industry**: Services-Prepackaged Software
- **Headquarters**: AUSTIN, TX
- **Employees**: 11 706
- **Website**: https://www.crowdstrike.com
- **Market cap**: $282B
- **Last price**: $275.70
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $5.40B
- **Net income**: $58.5M
- **Free cash flow**: $1.61B
- **Net cash**: $4.48B
- **P/E**: 4817.4
- **Revenue growth (YoY)**: 24.3%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 10 |
| Growth | 50 |
| Profitability | 11 |
| Health | 43 |
| Quality | 77 |
| Moat | 50 |

## Qualifications (beginner checklist) — 5 of 10 passed

- [x] Revenue growing — +24.3% YoY
- [x] Profitable — $58.5M TTM
- [ ] Profit growing — -966.2% YoY
- [x] Generates cash — $1.61B TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $282B market cap
- [ ] Not printing shares — +10.3% shares over ~5y
- [ ] Proven track record — 1/7 profitable years
- [ ] Financially stable — health score 18/100
- [ ] Valuation not extreme — P/E 4817.4

## Experience (career milestones)

- **FY2023** — Turned profitable: $89.3M net income after a loss year
- **FY2023** — Best year on record: $89.3M net income
- **2023** — CrowdStrike introduced CrowdStream service in collaboration with Cribl.io
- **2022** — It became a managed service, meaning CrowdStrike started running it for customers
- **FY2022** — Revenue crossed $1B: $1.45B for the year
- **2020** — CrowdStrike launched a tool called Falcon Identity Threat Protection to help protect user identities
- **FY2020** — Positive free cash flow every year since: 7-year streak
- **2019** — CrowdStrike went public on the Nasdaq in 2019 and joined the S&P 500 index in 2024
- **2013** — The company launched CrowdStrike Falcon, an antivirus package
- **2011** — The company was co-founded in 2011 by George Kurtz, Dmitri Alperovitch, and Gregg Marston

## Strengths

- High gross margin (75.2%)
- Revenue growing 24.3% year over year
- Strong cash conversion — FCF is 29.8% of revenue
- Net cash position after subtracting debt from cash

## Watch-outs

- Thin interest coverage (-6.8×)
- Loss-making in 6 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2022 | $1.45B | -$235M | $463M |
| FY2023 | $3.06B | $89.3M | $990M |
| FY2024 | $3.95B | -$19.3M | $1.13B |
| FY2025 | $3.95B | -$15.2M | $1.13B |
| FY2026 | $4.81B | -$163M | $1.31B |

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Source: https://stockcv.com/CRWD — derived from company filings; may be delayed or incomplete. Information, not investment advice.