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AI English summary of an SEC filing — figures as filed

CrowdStrike logoCrowdStrike CRWD

The company said total revenue for the quarter ended April 30, 2024 was $921.0 million, up 33% from $692.6 million a year earlier, and that ending ARR rose 33% to $3.65 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said total revenue for the quarter ended April 30, 2024 was $921.0 million, up 33% from $692.6 million a year earlier, and that ending ARR rose 33% to $3.65 billion.

  2. CrowdStrike said GAAP income from operations swung to $6.9 million from a loss of $19.5 million a year earlier, and that GAAP net income attributable to CrowdStrike was $42.8 million, or $0.17 per diluted share.

  3. The company said net cash provided by operating activities was $383.2 million and free cash flow was $322.5 million for the quarter, compared with $300.9 million and $227.4 million, respectively, a year earlier.

  4. The company said it raised its full-year 2025 total revenue guidance to $958.3 to $961.2 million and its fiscal Q2 total revenue guidance, which ends on July 31, 2024, to $3,976.3 to $4,010.7 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Quarterly Revenue and Ending ARR

The company said total revenue for the quarter ended April 30, 2024 was $921.0 million, up 33% from $692.6 million a year earlier, and that ending ARR rose 33% to $3.65 billion.

Source · Based on the filing body and exhibits

GAAP Operating Income and Net Income

CrowdStrike said GAAP income from operations swung to $6.9 million from a loss of $19.5 million a year earlier, and that GAAP net income attributable to CrowdStrike was $42.8 million, or $0.17 per diluted share.

Source · Based on the filing body and exhibits

Operating Cash Flow and Free Cash Flow

The company said net cash provided by operating activities was $383.2 million and free cash flow was $322.5 million for the quarter, compared with $300.9 million and $227.4 million, respectively, a year earlier.

Source · Based on the filing body and exhibits

Q2 and Full-Year Revenue Outlook

The company said it raised its full-year 2025 total revenue guidance to $958.3 to $961.2 million and its fiscal Q2 total revenue guidance, which ends on July 31, 2024, to $3,976.3 to $4,010.7 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.