CrowdStrike Holdings Balance Sheet Health

Financial Health criteria checks 5/6

CrowdStrike Holdings has a total shareholder equity of $3.8B and total debt of $744.7M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are $9.3B and $5.5B respectively.

Key information

19.63%

Debt to equity ratio

US$744.73m

Debt

Interest coverage ratio	n/a
Cash	US$4.97b
Equity	US$3.79b
Total liabilities	US$5.49b
Total assets	US$9.29b

Recent financial health updates

Is CrowdStrike Holdings (NASDAQ:CRWD) Using Debt In A Risky Way?

Jul 21

Recent updates

CrowdStrike: The Deceleration Is Likely Coming, And The Market Is Asleep (Rating Downgrade)

Nov 02

Is CrowdStrike Holdings (NASDAQ:CRWD) Using Debt In A Risky Way?

Jul 21

Revenues Tell The Story For CrowdStrike Holdings, Inc. (NASDAQ:CRWD) As Its Stock Soars 38%

May 07

CrowdStrike: Despite A Slowdown In Q3, Long-Term Growth Prospects Justify Maintaining A Strong Buy

Dec 05

Narrative update from Goran Damchevski

Dec 04Grew Q3 revenue 29% YoY, while adding $153M to net new ARR.

Financial Position Analysis

Short Term Liabilities: CRWD's short term assets ($6.5B) exceed its short term liabilities ($3.5B).

Long Term Liabilities: CRWD's short term assets ($6.5B) exceed its long term liabilities ($2.0B).

Debt to Equity History and Analysis

Debt Level: CRWD has more cash than its total debt.

Reducing Debt: CRWD's debt to equity ratio has increased from 0% to 19.6% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CRWD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CRWD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.6% per year.

Discover healthy companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/26 01:56
End of Day Share Price	2025/11/26 00:00
Earnings	2025/07/31
Annual Earnings	2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CrowdStrike Holdings, Inc. is covered by 71 analysts. 51 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ellie Bagshaw	Arete Research Services LLP
Shrenik Kothari	Baird
Saket Kalia	Barclays

CrowdStrike Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is CrowdStrike Holdings (NASDAQ:CRWD) Using Debt In A Risky Way?

Recent updates

Co-Founder recently sold US$3.8m worth of stock

CrowdStrike Holdings, Inc. to Report Q3, 2026 Results on Dec 02, 2025

CrowdStrike: The Deceleration Is Likely Coming, And The Market Is Asleep (Rating Downgrade)

Independent Director notifies of intention to sell stock

Now 20% overvalued

President notifies of intention to sell stock

Crowdstrike Appoints Amjad Hussain as Chief Resilience Officer

Co-Founder recently sold US$8.8m worth of stock

CrowdStrike Delivers Unified Data Protection for the AI Era

Now 23% overvalued after recent price rise

CrowdStrike Threat AI Leads Threat Intelligence into the Agentic Era

CrowdStrike Unveils the Falcon Platform Fall Release to Lead Cybersecurity into the Agentic Era

CrowdStrike Announces Innovations with Amazon Web Services, Intel, Meta, NVIDIA, and Salesforce

Crowdstrike and Meta Deliver New Benchmark for the Evaluation of Ai Performance in Cybersecurity

Veza Partners with CrowdStrike to Deliver End-To-End Access Security and Identity Threat Protection to Stop the #1 Attack Vector: Compromised Identity

Independent Director notifies of intention to sell stock

Consensus EPS estimates fall by 30%

Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

CrowdStrike Holdings, Inc. Provides Earnings Guidance for the Third Quarter Ending October 31, 2025 and Fiscal Year Ending January 31, 2026

CrowdStrike Unveils Falcon Next-Gen Identity Security, the First Unified Solution to Protect Every Identity Across the Attack Chain

Co-Founder recently sold US$19m worth of stock

CrowdStrike Signal Delivers the Next Evolution of AI-Powered Threat Detection

CrowdStrike Extends AI Agent Security Across the SaaS Stack

Is CrowdStrike Holdings (NASDAQ:CRWD) Using Debt In A Risky Way?

Co-Founder recently sold US$8.4m worth of stock

Independent Director notifies of intention to sell stock

Independent Director exercised options and sold US$4.8m worth of stock

U.S. District Court Dismisses Class Action Lawsuit Against CrowdStrike

CrowdStrike Falcon for AWS Security Incident Response Strengthens Cyber Resilience for AWS Customers

Independent Director recently sold US$7.4m worth of stock

Consensus EPS estimates fall by 50%

Price target increased by 10% to US$463

First quarter 2026 earnings: EPS misses analyst expectations

CrowdStrike Holdings, Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2025

Independent Chairman notifies of intention to sell stock

Now 21% overvalued after recent price rise

Co-Founder recently sold US$25m worth of stock

Insufficient new directors

Revenues Tell The Story For CrowdStrike Holdings, Inc. (NASDAQ:CRWD) As Its Stock Soars 38%

CrowdStrike Holdings, Inc., Annual General Meeting, Jun 18, 2025

CrowdStrike Unveils New Innovations to Secure Every Area of Cloud Risk, from AI Models to Runtime Data

Crowdstrike Delivers Industry-First Managed Threat Hunting Across Third-Party Data

CrowdStrike: Fairly Valued But Built To Compound

Independent Chairman notifies of intention to sell stock

CrowdStrike Unveils Falcon Privileged Access

CrowdStrike: You Won't Want To Be Around When The Music Stops

CrowdStrike Appoints Karthik Sathuragiri as Director and Head of Marketing for India and South Asia

Independent Director notifies of intention to sell stock

CrowdStrike: Leading The AI Cyber Arms Race

Crowdstrike Holdings, Inc. Appoints Alex Ionescu as Chief Technology Innovation Officer

Independent Chairman notifies of intention to sell stock

President recently sold US$4.9m worth of stock

Crowdstrike Holdings, Inc. Announces New Crowdstrike Falcon® Exposure Management Innovations

Crowdstrike Holdings, Inc. Earns FedRAMP High Authorization to Protect U.S. Government and National Security Operations

CrowdStrike Vs. SentinelOne: 2 Cybersecurity Titans, No Winning Play

Chief Security Officer notifies of intention to sell stock

Full year 2025 earnings: EPS misses analyst expectations

CrowdStrike: The Post-Earnings Dip Makes No Sense, Buy

CrowdStrike Holdings, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2026

CrowdStrike Expands Leadership in Hybrid Identity Protection with Falcon Identity Protection for Microsoft Entra Id

Now 21% undervalued

CrowdStrike Holdings, Inc. Announces Shawn Henry's Retirement from His Current Role and as an Executive Officer, Effective as of March 31, 2025

CrowdStrike: Headwinds Are Just Beginning

CrowdStrike Delivers the Next Breakthrough in AI-Powered Agentic Cybersecurity with Charlotte AI Detection Triage

CrowdStrike Holdings, Inc. to Report Q4, 2025 Results on Mar 04, 2025

CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) Popularity With Investors Is Clear

CrowdStrike: High Quality Company In A Growing Industry

Independent Director notifies of intention to sell stock

CrowdStrike: All About Resilience Following The July 2024 Snafu

Now 20% undervalued

Chief Security Officer notifies of intention to sell stock

CrowdStrike Launches Insider Risk Services to Combat Insider Threats

Should You Investigate CrowdStrike Holdings, Inc. (NASDAQ:CRWD) At US$349?

CrowdStrike: The Price Of Perfection