Free cash flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less purchases of property and equipment and capitalized internal-use software. Special Reports. 0000021177 00000 n 0000001857 00000 n As such, we encourage investors, the media, and others to follow the channels listed above, including the social media channels listed on our investor relations website, and to review the information disclosed through such channels. “CrowdStrike’s cloud-native Falcon platform enables this shift by offering rapid and seamless deployment and providing unparalleled protection and visibility through a single lightweight agent and unified user interface all powered by the intelligence of our proprietary Threat Graph. 0000004847 00000 n 0000002642 00000 n CrowdStrike was founded in 2011 to reinvent security for the cloud era. Condensed Consolidated Statements of Operations, Net loss per share attributable to Class A and Class B common 0000002528 00000 n Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for CrowdStrike Holdings, Inc. (CRWD) using our online tools. Added 969 net new subscription customers in the quarter for a total of 7,230 subscription customers as of July 31, 2020, representing 91% growth year-over-year. Today, we offer 11 cloud modules on our Falcon platform via a SaaS subscription-based model that spans multiple large security markets, including endpoint security, security and IT operations (including vulnerability management), and threat intelligence. How Adversaries use Fileless Attacks to Evade Your Security, An Inside Look at the WannaCry Ransomware Outbreak, How To Stop WannaCry Ransomware with CrowdStrike Falcon Endpoint Protection, How Falcon Prevents File-less Attacks in Your Organization, How to Get Next-Gen AV Protection on a Mac with Falcon, Cloud-Delivered Endpoint Protection Overview, Realizing Efficient Efficacy with Cloud-Delivered Endpoint Security, SANS Product Review: A New Era in Endpoint Protection CrowdCast, The Modern Attack Landscape: Featuring Verizon, How Falcon and the “Power of One” Eliminate System Tray Bloat, The Rise of Machine Learning (ML) in Cybersecurity, IDC Endpoint MarketScape Names CrowdStrike® a "Leader", Proactive Threat Hunting: Game-Changing Endpoint Protection Beyond Alerting, Defending Against Threats Targeting the Mac Platform, SANS Product Review: A New Era In Endpoint Protection. 0000021486 00000 n We believe non-GAAP income (loss) from operations provides our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as this metric generally eliminates the effects of certain variables unrelated to our overall operating performance. The companies will offer integrated solutions, advanced insights, and reference architectures, in addition to implementation best practices, accounting for end-user, device, network, and data security. Organizations are shedding outdated systems and accelerating their move to modern cloud-native technologies to meet the demands of today's threat landscape. You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Achieves $686 million in ARR, 89% year-over-year subscription revenue growth, and record operating and free cash flow. To the extent that we are negotiating a renewal with a customer after the expiration of the subscription, we continue to include that revenue in ARR if we are actively in discussion with such an organization for a new subscription or renewal, or until such organization notifies us that it is not renewing its subscription. We use the following non-GAAP financial information to evaluate our ongoing operations and for internal planning and forecasting purposes. Investor Relations SUNNYVALE, Calif.--(BUSINESS WIRE)--CrowdStrike Holdings, Inc., (Nasdaq: CRWD), a leader in cloud-delivered endpoint protection, today announced financial results for the second quarter of its fiscal 2021, ended July 31, 2020. The 2019 CrowdStrike® Global Threat Report offers one of the industry's most comprehensive reports on today’s top cyber threats. attributable to Class A and Class B common stockholders, diluted, GAAP net loss per share attributable to common stockholders, basic Start your Free Trial today. Case Study Video “A True Partnership” - Credit Suisse on CrowdStrike . CrowdStrike® provides cloud-delivered endpoint protection. June 2, 2020 at 4:05 PM EDT. CrowdStrike Holdings, Inc. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. The cybersecurity company CrowdStrike, which has been at the center of false conspiracy theories since 2016, is once again in focus after a White House transcript published on … The Time Has Come to Replace Your Antivirus Solution, How Falcon Protects Off-line Hosts From New Threats, How to Get Five Second Visibility Across Your Organization with CrowdStrike Falcon Endpoint Protection, How CrowdStrike Stops Malicious PowerShell Downloads, How Machine Learning on the Falcon Sensor Provides Better Protection, How to Replace Traditional AV With CrowdStrike, Cloud-Enabled: The Future of Endpoint Security, Installing a New CrowdStrike Falcon Sensor, CrowdStrike Cyber Intrusion Services Casebook 2016, The Forrester Wave™: Endpoint Security Suites, Q4 2016, Semiconductor and Electronic Components Case Study, You Can’t Stop the Breach Without Prevention AND Detection, Cybersecurity: A Key Risk Factor in Mergers and Acquisitions, Battling Unknown Malware with Machine Learning, CrowdStrike Falcon and PCI DSS Compliance, CrowdStrike Falcon Helps Customers Achieve Regulatory Compliance, How to Prevent Malware With Custom Blacklisting.