NASDAQ$CRWD

Crowdstrike Holdings · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Crowdstrike's Q4 2024 earnings report was exceptionally strong, marked by record net new ARR growth and GAAP net income.

Crowdstrike reported a strong fourth quarter in fiscal year 2024, with ending ARR reaching $3.44 billion, a 34% year-over-year increase. Net new ARR growth accelerated to 27% year-over-year, reaching a record $282 million. The company achieved its fourth consecutive quarter of record GAAP and non-GAAP net income and delivered record operating and free cash flow.

  • Ending ARR grew 34% year-over-year to reach $3.44 billion.
  • Net new ARR growth accelerated to 27% year-over-year, reaching a record $282 million.
  • Achieved fourth consecutive quarter of both record GAAP and non-GAAP net income.
  • Delivered record operating and free cash flow.

Headline financials

Total Revenue

$845M

Previous: $637M+32.6%
EPS (adj)

$0.95

Previous: $0.47+102.1%
Capital Expenditures

-$76.1M

Previous: $55.4M-237.3%
Free Cash Flow

$283M

Previous: $210M+35.1%
Net Income

$53.7M

Previous: -$48.9M+209.7%
Operating Income

$29.7M

Previous: -$61.5M+148.3%
Gross Profit

$637M

Previous: $462M+37.9%
Stock-Based Comp

$176M

Previous: $152M+15.7%

Revenue & EPS history

Crowdstrike · Revenue · Quarterly

$845M

Q4 2024+32.6%vs Q4 2023
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Crowdstrike · $1.1B total across 2 segments · Q1 2026

  • Subscription
    $1.05B
  • Professional services
    $52.7M

Forward guidance

CrowdStrike is providing guidance for the first quarter of fiscal year 2025 (ending April 30, 2024) and fiscal year 2025 (ending January 31, 2025).

Tailwinds

  • Total revenue for Q1 FY25 is expected to be $902.2 - $905.8 million.
  • Non-GAAP income from operations for Q1 FY25 is expected to be $188.1 - $190.8 million.
  • Non-GAAP net income attributable to CrowdStrike for Q1 FY25 is expected to be $220.4 - $223.1 million.
  • Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted for Q1 FY25 is expected to be $0.89 - $0.90.
  • Total revenue for FY25 is expected to be $3,924.9 - $3,989.0 million.

Headwinds

  • Non-GAAP income from operations for FY25 is expected to be $863.6 - $913.0 million.
  • Non-GAAP net income attributable to CrowdStrike for FY25 is expected to be $940.3 - $989.7 million.
  • Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted for FY25 is expected to be $3.77 - $3.97.
  • Guidance for non-GAAP financial measures excludes stock-based compensation expense.
  • Guidance excludes amortization expense of acquired intangible assets, amortization of debt issuance costs and discount, mark-to-market adjustments on deferred compensation liabilities.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+2.6%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+6.7%

Avg return

30 days after

64%

18 / 28 earnings

Positive

+26.9%

Q4 2020

Best reaction

-15.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+6.1%-4.9%
Q4 2026+0.8%+10.9%+2.0%
Q3 2026+0.6%-0.3%-12.2%
Q2 2026+12.9%-2.2%+13.9%
Q1 2026+2.0%+3.0%-7.2%
Q4 2025-6.3%-20.8%-17.6%
Q3 2025-4.4%-4.9%+0.4%
Q2 2025+0.7%+2.8%+5.9%
Q1 2025+10.8%+13.1%+25.4%
Q4 2024+5.0%+2.9%-1.5%
Q3 2024+11.6%+11.9%+21.9%
Q2 2024+11.1%+9.9%+14.1%
Q1 2024-0.7%-2.8%-7.4%
Q4 2023+1.0%-6.2%+0.2%
Q3 2023-15.6%-11.1%-25.0%
Q2 2023-4.9%-10.2%-13.7%
Q1 2023+0.4%+9.4%+11.0%
Q4 2022+21.8%+16.8%+39.2%
Q2 2022-5.7%-2.8%-14.2%
Q1 2022-6.2%-2.5%+14.5%
Q4 2021+3.7%-3.0%+6.3%
Q3 2021+9.3%+15.7%+43.6%
Q2 2021-10.0%-12.9%-2.7%
Q1 2021+3.4%-1.0%+13.1%
Q4 2020+26.9%+48.4%+67.6%
Q3 2020-7.4%-13.5%-7.7%
Q2 2020-10.9%-16.0%-25.2%
Q1 2020+17.6%+22.2%+35.3%
Q4 2019
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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