Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

CrowdStrike logoCrowdStrike CRWD

CrowdStrike said total revenue for the quarter ended July 31, 2024 was $963.9 million, up 32% from $731.6 million a year earlier, and ARR as of July 31, 2024 was $3.86 billion, up 32% year over year.

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

Key points

AI summary
  1. CrowdStrike said total revenue for the quarter ended July 31, 2024 was $963.9 million, up 32% from $731.6 million a year earlier, and ARR as of July 31, 2024 was $3.86 billion, up 32% year over year.

  2. The company said GAAP income from operations for Q2 was $13.7 million, compared with an operating loss of $15.4 million a year earlier, and GAAP net income attributable to CrowdStrike was $47.0 million, compared with $8.5 million a year earlier.

  3. CrowdStrike said net cash provided by operating activities for Q2 was $326.6 million ($244.8 million a year earlier), free cash flow was $272.2 million ($188.7 million a year earlier), and cash and cash equivalents as of July 31, 2024 were $4.04 billion.

  4. The company said its revenue outlook for full-year 2025 is $3,890.0 million to $3,902.2 million and that this outlook includes a subscription revenue impact of about $30 million in each remaining quarter from incentives tied to its customer commitment package.

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.

Fiscal 2025 Q2 Revenue and ARR

CrowdStrike said total revenue for the quarter ended July 31, 2024 was $963.9 million, up 32% from $731.6 million a year earlier, and ARR as of July 31, 2024 was $3.86 billion, up 32% year over year.

Source · Based on the filing body and exhibits

GAAP Earnings Metrics

The company said GAAP income from operations for Q2 was $13.7 million, compared with an operating loss of $15.4 million a year earlier, and GAAP net income attributable to CrowdStrike was $47.0 million, compared with $8.5 million a year earlier.

Source · Based on the filing body and exhibits

Q2 Operating and Free Cash Flow

CrowdStrike said net cash provided by operating activities for Q2 was $326.6 million ($244.8 million a year earlier), free cash flow was $272.2 million ($188.7 million a year earlier), and cash and cash equivalents as of July 31, 2024 were $4.04 billion.

Source · Based on the filing body and exhibits

Full-Year Revenue Outlook (Guidance)

The company said its revenue outlook for full-year 2025 is $3,890.0 million to $3,902.2 million and that this outlook includes a subscription revenue impact of about $30 million in each remaining quarter from incentives tied to its customer commitment package.

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.