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CrowdStrike Holdings, Inc. is a global leader in cybersecurity, offering an AI-native platform designed to prevent breaches through a software as a service (SaaS) subscription model. The company's unified platform provides cloud-delivered protection for endpoints, cloud workloads, identity, and data, spanning multiple security markets . CrowdStrike's Falcon platform is central to its offerings, with a significant portion of sales conducted through channel partners. The company is focused on expanding its international operations, which contributed to 32% of its total revenue in fiscal 2024 .
- Cloud Security - Delivers comprehensive protection for cloud workloads, achieving rapid growth and significant market presence.
- Identity Protection - Offers robust solutions to safeguard user identities, contributing substantially to the company's revenue growth.
- LogScale Next-Gen SIEM - Provides advanced security information and event management capabilities, enhancing threat detection and response.
- Corporate Endpoint Security - Protects corporate devices from cyber threats, forming a core part of the company's security offerings.
- Security and IT Operations - Integrates security measures with IT operations to streamline processes and improve efficiency.
- Managed Security Services - Offers expert-managed security services to help organizations strengthen their cybersecurity posture.
- Threat Intelligence - Provides actionable insights into emerging threats to help organizations proactively defend against cyber attacks.
- Data Protection - Ensures the security and integrity of sensitive data across various environments.
- Exposure Management - Identifies and mitigates potential vulnerabilities within an organization's infrastructure.
- Cybersecurity Generative AI - Utilizes AI to enhance cybersecurity measures and automate threat detection and response.
| Name | Position | External Roles | Short Bio | Start Date |
|---|---|---|---|---|
George Kurtz ExecutiveBoard | President, CEO, and Director | Chairman and President of CrowdStrike Foundation | Co-founder of CrowdStrike, instrumental in its growth as a leading cybersecurity company. Holds a B.S. in Accounting from Seton Hall University. | Nov 2011 |
Burt W. Podbere Executive | Chief Financial Officer (CFO) | Treasurer and Board Member of CrowdStrike Foundation | Joined CRWD in 2015, oversees financial operations. Previously CFO at OpenDNS and Net Optics. Holds a B.A. from McGill University and is a Chartered Accountant. | Sep 2015 |
Michael Sentonas Executive | President | Board Member of CrowdStrike Foundation; Member of Forbes Technology Council | Joined CRWD in 2016, previously CTO. Oversees product and go-to-market functions. Holds a Bachelor’s degree in Computer Science from Edith Cowan University. | Mar 2023 |
Shawn Henry Executive | Chief Security Officer | Director at ShoulderUp Technology Acquisition Corp.; Board Member at CLEAR; Advisory Board Member at Hofstra University and Global Cyber Alliance | Former President of CrowdStrike Services (2012-2022). Leads security operations. Holds a B.B.A. from Hofstra University and an M.S. in Criminal Justice from Virginia Commonwealth University. | Mar 2012 |
Cary J. Davis Board | Director | Managing Director at Warburg Pincus; Board Member at Clearwater Analytics | Focuses on investments in software and financial technology. Holds a B.A. in Economics from Yale University and an MBA from Harvard Business School. | Jul 2013 |
Denis J. O’Leary Board | Director; Chair of Nominating and Corporate Governance Committee | Board Member at Ventiv, Inc. | Extensive financial and executive experience. Holds a B.A. in Economics from the University of Rochester and an MBA from New York University. | Dec 2011 |
Gerhard Watzinger Board | Chairman of the Board | Board Member at Mastech Digital, Invicti Security, and NinjaOne | Chairman since 2012. Brings deep operational expertise in cybersecurity and IT industries. Holds a degree in Computer Science from the University of Applied Sciences in Munich. | Apr 2012 |
Godfrey R. Sullivan Board | Director; Member of Audit Committee | Board Member at Marqeta and GitLab | Former CEO of Splunk. Brings enterprise software expertise. Holds a B.B.A. from Baylor University. | Dec 2017 |
Johanna Flower Board | Director | Board Member at Freshworks and ForgeRock | Former CMO of CrowdStrike. Brings cybersecurity and go-to-market expertise. Holds a B.A. in Business Administration from the University of Brighton, UK. | Jan 2023 |
Laura J. Schumacher Board | Director | Board Member at General Dynamics; Trustee at Ronald McDonald House Charities | Extensive experience in legal, regulatory, and corporate governance. Holds a B.B.A. in Accounting from the University of Texas at San Antonio. | Nov 2020 |
Roxanne S. Austin Board | Director; Chair of Audit Committee | President of Austin Investment Advisors; Board Member at AbbVie, Freshworks, and Verizon Communications | Extensive experience in risk management, corporate governance, and financial expertise. Holds a B.B.A. in Accounting from the University of Texas at San Antonio. | Sep 2018 |
Sameer K. Gandhi Board | Director; Chair of Compensation Committee | Partner at Accel; Board Member at Freshworks | Venture capitalist focusing on consumer, cloud/SaaS, and media companies. Holds a B.A. in Economics from Yale University and an MBA from Harvard Business School. | Aug 2013 |
- Can you explain in more detail the temporary divergence between ARR and revenue growth due to the customer commitment packages, and when do you expect ARR to align with revenue again?
- Given that customer commitment packages may result in muted upsell rates and higher-than-typical contraction in Q4, how are you planning to manage these risks to meet your guidance?
- While you mentioned that Falcon Flex customers have adopted more than nine modules on average, it's still too early to determine renewal trends; what evidence supports your confidence in ARR reacceleration next year?
- With the majority of outbound pipeline-generating activities delayed following the July 19 incident, what specific steps are you taking to rebuild pipeline and address extended sales cycles?
- Despite the strong increase in RPO due to longer deal durations, how should investors interpret this in terms of future ARR and revenue recognition, considering the lag effects you've mentioned?
| Customer | Relationship | Segment | Details |
|---|---|---|---|
End User #1 | Financing arrangement | Financing | 41% of total financing receivables as of January 31, 2025 |
End User #2 | Financing arrangement | Financing | 37% of total financing receivables as of January 31, 2025 |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
A.S. Adaptive Shield Ltd. | 2024 | Acquisition on November 5, 2024 (closed November 20, 2024) for $213.8 million in cash (net of $13.8 million cash acquired and $0.7 million in replacement equity awards), enhancing CrowdStrike’s SaaS security posture management capabilities and strengthening its Cloud and Identity Security offerings through integrations with the Falcon platform. |
Flow Security Ltd. | 2024 | Acquisition on March 26, 2024 for $96.4 million in cash plus additional stock (≈$18.4 million of Class A common stock), which includes price allocation for developed technology and goodwill, aimed at expanding CrowdStrike’s data security solutions and market reach. |
Bionic Stork, Ltd. | 2023 | Acquisition on September 28, 2023 for $238.7 million in cash (net of $25.7 million cash acquired and $0.7 million in replacement awards), with additional stock issuance and price allocation emphasizing goodwill and intangible assets, extending CrowdStrike’s CNAPP capabilities by integrating its ASPM platform. |
Reposify Ltd. | 2022 | Acquisition on October 3, 2022 for $18.9 million (net of $0.5 million cash acquired), with allocation including developed technology, net tangible assets, and $14.2 million in goodwill, strategically enhancing external attack surface management while contributing incremental ARR. |
Recent developments and announcements about CRWD.
Earnings
New Earnings (Q4 2025)
·7 days agoView full earnings summary →CrowdStrike Q4: Cloud ARR +45% to $600M; AWS Marketplace sales >$1B in 12 mos. Net new ARR -1% YoY (ex-CCP), while FY26 op margin dips to 20% (from 21%). Charlotte AI boosts analyst efficiency, positioning CRWD for strong future growth.
8-K Filings
8-K Filing
·Feb 20, 2025, 11:31 AMLeadership ChangesView full 8-K filing →CrowdStrike announced that Chief Security Officer Shawn Henry will retire from his role as an executive officer effective March 31, 2025. He will continue with the company as Executive Advisor, and his participation in incentive plans will cease.