Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

CrowdStrike Holdings Inc., consolidated cash flow statement

US$ in thousands

12 months ended:	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income (loss)	90,585)	(182,285)	(232,378)	(92,629)	(141,779)
Depreciation and amortization	126,838)	77,245)	55,908)	38,710)	23,026)
Amortization of intangible assets	18,416)	16,565)	12,902)	1,448)	487)
Amortization of deferred contract acquisition costs	238,901)	170,808)	113,884)	66,425)	35,459)
Non-cash operating lease cost	13,398)	9,440)	9,103)	7,786)	—)
Change in fair value of redeemable convertible preferred stock warrant liability	—)	—)	—)	—)	6,022)
Stock-based compensation expense	631,519)	526,504)	309,952)	149,675)	79,940)
Deferred income taxes	(3,387)	1,306)	(13,956)	(1,452)	(681)
Realized gains on strategic investments	(3,936)	—)	—)	—)	—)
Gain on sale of debt securities, net	—)	—)	—)	(1,347)	—)
Amortization (accretion) of short-term investments purchased at a premium (discount)	(2,285)	—)	—)	578)	(1,247)
Non-cash interest expense	3,173)	2,813)	2,469)	853)	435)
Other non-cash charges	—)	—)	—)	—)	(427)
Change in fair value of strategic investments	1,459)	(1,830)	(4,823)	—)	—)
Accounts receivable, net	(217,699)	(258,109)	(125,354)	(73,022)	(72,511)
Deferred contract acquisition costs	(371,649)	(298,716)	(234,308)	(150,975)	(86,594)
Prepaid expenses and other assets	(102,520)	(46,807)	(29,535)	2,198)	(44,008)
Accounts payable	(18,898)	(15,463)	33,248)	11,325)	(6,570)
Accrued expenses and other liabilities	14,586)	58,923)	38,483)	33,083)	10,097)
Accrued payroll and benefits	65,102)	65,226)	32,681)	33,212)	17,526)
Operating lease liabilities	(14,035)	(10,364)	(9,900)	(8,105)	—)
Deferred revenue	696,639)	825,751)	616,408)	338,803)	280,768)
Changes in operating assets and liabilities, net of impact of acquisitions	51,526)	320,441)	321,723)	186,519)	98,708)
Adjustments to reconcile net income (loss) to net cash provided by operating activities	1,075,622)	1,123,292)	807,162)	449,195)	241,722)
Net cash provided by operating activities	1,166,207)	941,007)	574,784)	356,566)	99,943)
Purchases of property and equipment	(176,529)	(235,019)	(112,143)	(52,799)	(80,198)
Capitalized internal-use software and website development costs	(49,457)	(29,095)	(20,866)	(10,864)	(7,289)
Purchases of strategic investments	(17,177)	(21,808)	(16,309)	(1,500)	(1,000)
Proceeds from sales of strategic investments	2,000)	—)	—)	—)	—)
Business acquisitions, net of cash acquired	(239,030)	(18,349)	(414,518)	(85,517)	—)
Purchases of intangible assets	(11,126)	(2,323)	(680)	(180)	—)
Purchases of short-term investments	(195,581)	(250,000)	—)	(84,904)	(779,701)
Proceeds from maturities and sales of short-term investments	348,281)	—)	—)	731,191)	238,557)
Purchases of deferred compensation investments	(2,031)	(64)	—)	—)	—)
Net cash (used in) provided by investing activities	(340,650)	(556,658)	(564,516)	495,427)	(629,631)
Proceeds from the issuance of common stock upon initial public offering, net of underwriting discounts	—)	—)	—)	—)	665,092)
Payments of debt issuance costs related to revolving line of credit	—)	—)	(219)	(3,328)	—)
Payments of debt issuance costs related to Senior Notes	—)	—)	(1,581)	—)	—)
Proceeds from issuance of Senior Notes, net of debt financing costs	—)	—)	—)	739,569)	—)
Repayment of loan payable	—)	(1,591)	—)	—)	—)
Payments of deferred offering costs	—)	—)	—)	—)	(5,872)
Proceeds from issuance of common stock upon exercise of stock options	8,695)	8,655)	15,899)	28,831)	21,512)
Proceeds from the issuance of common stock upon exercise of early exercisable stock options	—)	—)	—)	—)	10,264)
Proceeds from issuance of common stock under the employee stock purchase plan	76,375)	59,419)	50,277)	34,263)	12,365)
Settlement related to stockholder short-swing trade profit	—)	—)	—)	—)	2,283)
Capital contributions from non-controlling interest holders	8,088)	10,954)	8,155)	800)	500)
Net cash provided by financing activities	93,158)	77,437)	72,531)	800,135)	706,144)
Effect of foreign exchange rates on cash, cash equivalents and restricted cash	1,958)	(1,495)	(4,774)	1,682)	(66)
Net increase (decrease) in cash, cash equivalents and restricted cash	920,673)	460,291)	78,025)	1,653,810)	176,390)
Cash, cash equivalents and restricted cash at beginning of period	2,456,924)	1,996,633)	1,918,608)	264,798)	88,408)
Cash, cash equivalents and restricted cash at end of period	3,377,597)	2,456,924)	1,996,633)	1,918,608)	264,798)

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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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	CrowdStrike Holdings Inc. net cash provided by operating activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	CrowdStrike Holdings Inc. net cash (used in) provided by investing activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash provided by financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	CrowdStrike Holdings Inc. net cash provided by financing activities increased from 2022 to 2023 and from 2023 to 2024.

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Cash Flow Statement