Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

CrowdStrike Holdings Inc., consolidated income statement

US$ in thousands

12 months ended:	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Subscription	2,870,557)	2,111,660)	1,359,537)	804,670)	436,323)
Professional services	184,998)	129,576)	92,057)	69,768)	45,090)
Revenue	3,055,555)	2,241,236)	1,451,594)	874,438)	481,413)
Subscription	(630,745)	(511,684)	(321,904)	(185,212)	(112,474)
Professional services	(124,978)	(89,547)	(61,317)	(44,333)	(29,153)
Cost of revenue	(755,723)	(601,231)	(383,221)	(229,545)	(141,627)
Gross profit	2,299,832)	1,640,005)	1,068,373)	644,893)	339,786)
Sales and marketing	(1,140,566)	(904,409)	(616,546)	(401,316)	(266,595)
Research and development	(768,497)	(608,364)	(371,283)	(214,670)	(130,188)
General and administrative	(392,764)	(317,344)	(223,092)	(121,436)	(89,068)
Operating expenses	(2,301,827)	(1,830,117)	(1,210,921)	(737,422)	(485,851)
Loss from operations	(1,995)	(190,112)	(142,548)	(92,529)	(146,065)
Interest expense	(25,756)	(25,319)	(25,231)	(1,559)	(442)
Interest income	148,930)	52,495)	3,788)	4,968)	—)
Other income, net	1,638)	3,053)	3,968)	1,251)	6,725)
Income (loss) before provision for income taxes	122,817)	(159,883)	(160,023)	(87,869)	(139,782)
Provision for income taxes	(32,232)	(22,402)	(72,355)	(4,760)	(1,997)
Net income (loss)	90,585)	(182,285)	(232,378)	(92,629)	(141,779)
Net income attributable to non-controlling interest	(1,258)	(960)	(2,424)	—)	—)
Net income (loss) attributable to CrowdStrike	89,327)	(183,245)	(234,802)	(92,629)	(141,779)

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

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Income statement item	Description	The company
Revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	CrowdStrike Holdings Inc. revenue increased from 2022 to 2023 and from 2023 to 2024.
Loss from operations	The net result for the period of deducting operating expenses from operating revenues.	CrowdStrike Holdings Inc. loss from operations decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income (loss) before provision for income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	CrowdStrike Holdings Inc. income (loss) before provision for income taxes increased from 2022 to 2023 and from 2023 to 2024.
Net income (loss) attributable to CrowdStrike	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	CrowdStrike Holdings Inc. net income (loss) attributable to CrowdStrike increased from 2022 to 2023 and from 2023 to 2024.

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Income Statement