Leveraging artificial intelligence (AI), the CrowdStrike Falcon® platform protects customers against cyberattacks on endpoints on or off the network by offering visibility and protection across the enterprise. We have not provided the most directly comparable GAAP measures because certain items are out of our control or cannot be reasonably predicted. Realizing that the nature of cybersecurity problems had changed but the solutions had not, we built our CrowdStrike Falcon platform to detect threats and stop breaches. Condensed Consolidated Statements of Operations, Net loss per share attributable to Class A and Class B common In addition, other companies, including companies in our industry, may calculate free cash flow differently or not at all, which reduces the usefulness of free cash flow as a tool for comparison. Additional risks and uncertainties that could affect our financial results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time in our filings and reports with the Securities and Exchange Commission (“SEC”), including our Annual Report on Form 10-K for the fiscal year ended January 31, 2020 filed with the SEC, in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2020 filed with the SEC, and in our Quarterly Report on Form 10-Q for the quarter ended July 31, 2020, that will be filed with the SEC following this earnings release. 2:00 p.m. Pacific time / 5:00 p.m. Eastern time. 0000006284 00000 n While we believe that free cash flow is useful in evaluating our business, free cash flow is a non-GAAP financial measure that has limitations as an analytical tool, and free cash flow should not be considered as an alternative to, or substitute for, net cash provided by (used in) operating activities in accordance with GAAP. CrowdStrike was identified as the fastest-growing endpoint security software vendor in the IDC Worldwide Endpoint Security Software Market Shares, 2019 report. Updates on global “breakout” time statistics, including observations on which adversaries showed the fastest tradecraft in 2018. PDF Version . It combines CrowdStrike’s comprehensive global observations with real-world case studies to deliver deep insights on modern adversaries and their tactics, techniques, and procedures (TTPs). The continued rise of “Big Game Hunting”, where cyber criminals combine advanced, targeted attack techniques with ransomware to achieve massive financial payoffs.

0000002679 00000 n The Evolving World of Threat Intelligence, School District Stops Malware Outbreak With CrowdStrike Services, Guidance For Maturing Your Cyber Defenses, How Falcon Sandbox Improves Threat Response, Active Directory — The “Keys to The Kingdom”, Active Directory Security Assessment Data Sheet, Stakeholder Action Against Botnets Data Sheet, Cybersecurity Maturity Assessment Data Sheet, CrowdStrike Falcon for Financial Services, Report on Nigerian Business Email-Compromise Threat, IDC Case Study: Enhancing Endpoint Security Efficacy: A Top 10 Global Financial Institution's Experience, Understanding the GDPR and How It Will Impact Your Organization, Indiana Farm Bureau Relies on CrowdStrike Falcon to Protect More Than Crops, Hear from Zebra Technologies CISO Erik Hart, “Let’s Go Threat Hunting” — Expert Tips for Enhancing Hunting in your Organization, Securing the State: Wyoming's Partnership with CrowdStrike, Cybersecurity’s Best Kept Secret: Threat Intelligence, “I want to replace my legacy AV - but how do I actually do it?”, How an End-to-End Fileless Attack Unfolds, The GDPR General Data Protection Regulation and Cybersecurity, CrowdStrike Falcon: Setting the New Standard in Endpoint Protection (EPP), Protecting HIPAA PHI in the Age of Advanced Targeted Cyber Threats, Trends in Endpoint Security: A State Of Constant Change, IT Hygiene: The “Who, What and Where” of Endpoint Protection, How CrowdStrike Falcon Protects Against Ransomware, The Maturing of Endpoint Detection and Response (EDR): Choosing the Right Solution, CrowdStrike Falcon MalQuery – The Faster, More Complete Malware Search Engine. Where to Invest $10,000; 50 Companies to Watch in 2018; Where to Invest $1 Million; Follow.
Our website uses cookies to enhance your browsing experience. We monitor free cash flow as one measure of our overall business performance, which enables us to analyze our future performance without the effects of non-cash items and allow us to better understand the cash needs of our business. CrowdStrike, Netskope, Okta, Inc., and Proofpoint, Inc. announced they are coordinating to help organizations implement an … Annual Recurring Revenue ... 2019 report.

CrowdCast. In January 2019, CrowdStrike published research reporting that Ryuk ransomware had accumulated more than $3.7 million in cryptocurrency payments since it first appeared in August. The GAAP net loss per share calculation uses a lower share count as it excludes dilutive shares which are included in calculating the non-GAAP net income per share. These distinct vantage points are represented in three annual publications, each highlighting the contributions and assessments of individual CrowdStrike teams: CrowdStrike Global Threat Report Falcon OverWatch Report CrowdStrike Services Cyber Front Lines Report According to CrowdStrike's 2018 Global Threat Report, Russia has the fastest cybercriminals in the world. attributable to Class A and Class B common stockholders, basic and Furthermore, as organizations adapt to the new distributed workforce paradigm, it has become clear that the endpoint is the new security perimeter and the complex patchwork of legacy solutions is inadequate in this new environment,” said George Kurtz, CrowdStrike’s co-founder and chief executive officer.

Given our strong performance and growing momentum in the market, we are raising our guidance for fiscal year 2021 and now expect to deliver non-GAAP operating income for the fiscal year, while at the same time continuing to aggressively invest in our market opportunity.”, Second Quarter Fiscal 2021 Financial Highlights. These statements are forward-looking and actual results may differ materially as a result of many factors. CrowdStrike was founded in 2011 to reinvent security for the cloud era. 0000002528 00000 n “CrowdStrike’s cloud-native Falcon platform enables this shift by offering rapid and seamless deployment and providing unparalleled protection and visibility through a single lightweight agent and unified user interface all powered by the intelligence of our proprietary Threat Graph. The cybersecurity company CrowdStrike, which has been at the center of false conspiracy theories since 2016, is once again in focus after a White House transcript published on … 0000008820 00000 n We define non-GAAP income (loss) from operations as GAAP income (loss) from operations excluding stock-based compensation expense, amortization of acquired intangible assets, and acquisition-related expenses. Free cash flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less purchases of property and equipment and capitalized internal-use software.

We believe non-GAAP income (loss) from operations provides our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as this metric generally eliminates the effects of certain variables unrelated to our overall operating performance. Get the detailed quarterly/annual income statement for CrowdStrike Holdings, Inc. (CRWD). Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for CrowdStrike Holdings, Inc. (CRWD) using our online tools.

Our true cloud-native platform, combined with our frictionless go-to-market engine, strengthens our leadership in the Security Cloud category we pioneered and positions us to capture the long-term opportunity driven by this fundamental shift occurring in the market today," concluded Kurtz. Weighted-average shares used in diluted net income (loss) per share calculation: We use our GAAP provision for income taxes for the purpose of determining our non-GAAP income tax expense. We believe non-GAAP subscription gross profit and non-GAAP subscription gross margin provide our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as these measures eliminate the effects of certain variables unrelated to our overall operating performance. Subscription Gross Margin: GAAP subscription gross margin was 75%, compared to 70% in the fourth quarter of fiscal 2019. 0000005174 00000 n Making 60-Minute Remediation a Reality.

Maria Riley, Senior Director of Investor Relations The company also claimed that, of 81 named state-sponsored actors it tracked in 2018, at least 28 … �0ʦ���C 0�$�!9�tY�eZ�w�Hva�h �%���pRdKKK��q���`.�@�B������x��� � `TBPPHIII�n;\����V���Y\���54!�v-TZ844Y/�PAAd���..p'2���!����l!� 1 Sk`�Ԇ�Aw�j�e`�d�ŀ������a��]���-. Report. We use the following non-GAAP financial information to evaluate our ongoing operations and for internal planning and forecasting purposes. 2020 Threat Hunting Report: Insights From the CrowdStrike OverWatch Team, Adversaries have nowhere to hide when OverWatch is hunting for threats, Gartner Peer Insights “Voice of the Customer”: Endpoint Detection and Response Solutions, CrowdStrike has the highest overall rating in this Voice of the Customer report for the second year in a row, In-Depth Analysis of the Top Cyber Threat Trends Over the Past Year, Falcon Delivers 316 % ROI with Payback in < 3 Months, The Forrester Wave™: Enterprise Detection And Response, Q1 2020, CrowdStrike named a “Leader” in the Forrester Wave with the highest score possible in 11 criteria, Enterprise Security Weekly Interview with Jen Ayers, HEIDELBERGER DRUCKMASCHINEN: PLAY IT SAFE WITH CROWDSTRIKE, Introducing Illumio Edge for CrowdStrike: Ransomware That Can't Move, Can't Spread, Stopping Cyber Threats Against Remote Workers, CrowdStrike and ExtraHop Integration Solution Brief, Nowhere to Hide: 2020 Threat Hunting Report, Navigating Today's Healthcare Threat Landscape, The Evolution of Ransomware and the Pinchy Spider Actor Group, SecurityAdvisor Store Partner Solution Brief, Work From Anywhere: How Leading CSOs are Staying on Top in Today’s Threat Landscape, Sumo Logic Technology Partner Solution Brief, ServiceNow Technology Partner Solution Brief, Proofpoint Technolgy Partner Solution Brief, Netskope Technology Partner Solution Brief, Forescout Technolgy Partner Solution Brief, Zscaler Technology Partner Solution Brief, CrowdStrike Store for Customers Solution Brief, CrowdStrike Store for Partners Solution Brief, Micro Focus Interset UEBA Store Partner Solution Brief, Exabeam Technology Partner Solution Brief, Reconciling Cybersecurity Risks With Industrial Digital Transformation, Security Program In Depth Assessment Data Sheet, Threat Intel Program Development Data Sheet, Falcon Agent for Cloud Workload Protection, Guide to Deploying CrowdStrike Falcon Sensor on Amazon Workspaces and AWS, CrowdStrike Falcon Splunk App User and Configuration Guide, Cybersecurity Enhancement Program Data Sheet, Threat Hunting: Real Intrusions by State-Sponsored and eCrime Groups, CyberScoop Interview with Michael Sentonas, FHT 240: COURSE SYLLABUS | CROWDSTRIKE UNIVERSITY, IDC Worldwide Endpoint Security Market Shares Report, CrowdStrike Falcon Intel Indicator Splunk Add-on Guide, CrowdStrike Falcon Event Streams Splunk Transition Guide, CrowdStrike Falcon Event Streams Splunk Add-on Guide, Falcon Network Security Monitoring Data Sheet, Simplifying Enterprise Security with a Unique Cybersecurity Ecosystem, CrowdStrike Intelligence Report: A Technical Analysis of the NetWalker Ransomware, CrowdStrike + Netskope + Okta + Proofpoint Partnership, Cybersecurity Unleashes Digital Transformation at ECI, Reducing Losses Related to Cyber Claims Data Sheet, Incident Response And Forensic Services Data Sheet, Healthcare: Breach Prevention in Real Time - Any Time, Any Location, Webcast: Global Remote Work Security Survey, Ransomware Realities for Small and Medium-sized Businesses, The Evolution of Ransomware: How to Protect Organizations from New Trends and Methods, Ensuring Business Continuity by Securing Your Remote Workforce, Falcon Cloud Workload Protection Data Sheet, A Proven Approach to Cloud Workload Security, eBook: Securing Today’s Distributed Workforce, Vulnerability Management Trends and Protecting a Remote Workforce, Beyond COVID-19: Protecting People and Preventing Breaches in the “New Normal”, CrowdStrike Services for Healthcare Data Sheet, Coping with COVID: Security Leadership in Times of Crisis, Incident Response and Remediation When Working Remotely, Container Security with the Falcon Platform, Interview with Michael Sentonas at RSA Conference 2020, Navigating Data Protection with a Newly Deployed Remote Workforce, Managed Detection and Response (MDR) Buyer's Guide, Demonstration of Falcon Endpoint Protection Complete, Remediate or Re-install?

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