On June 4, 2024, CrowdStrike Holdings, Inc. released its financial results for the first quarter of fiscal year 2025, which ended on April 30, 2024. The cybersecurity leader reported a 33% year-over-year increase in total revenue, reaching $921.0 million, with subscription revenue growing to $872.2 million. The company's Annual Recurring Revenue (ARR) also saw a significant increase of 33% compared to the previous year, amounting to $3.65 billion. Notably, CrowdStrike achieved a record operating cash flow of $383 million and a record free cash flow of $322 million, representing 35% of its revenue. The company's GAAP net income attributable to CrowdStrike was $42.8 million, with a diluted net income per share of $0.17. Non-GAAP figures were also strong, with non-GAAP net income attributable to CrowdStrike at $231.7 million and non...Show More

On June 4, 2024, CrowdStrike Holdings, Inc. released its financial results for the first quarter of fiscal year 2025, which ended on April 30, 2024. The cybersecurity leader reported a 33% year-over-year increase in total revenue, reaching $921.0 million, with subscription revenue growing to $872.2 million. The company's Annual Recurring Revenue (ARR) also saw a significant increase of 33% compared to the previous year, amounting to $3.65 billion. Notably, CrowdStrike achieved a record operating cash flow of $383 million and a record free cash flow of $322 million, representing 35% of its revenue. The company's GAAP net income attributable to CrowdStrike was $42.8 million, with a diluted net income per share of $0.17. Non-GAAP figures were also strong, with non-GAAP net income attributable to CrowdStrike at $231.7 million and non-GAAP diluted net income per share at $0.93. CrowdStrike's financial outlook for the second quarter of fiscal 2025 and the full fiscal year was positive, with expected revenue growth and non-GAAP income increases. The company's strategic partnerships and product innovations, including the Falcon platform, were highlighted as key drivers of its robust performance.