Financials CrowdStrike Holdings, Inc.

Equities

CRWD

US22788C1053

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2026-02-13 pm EST			5-day change	1st Jan Change
429.64 ^USD	+4.40%		+8.63%	-8.35%

Feb. 13	From software to real estate, U.S. sectors under the grip of AI scare trade	RE
Feb. 13	HSBC Upgrades CrowdStrike to Buy From Hold, Price Target is $446	MT

Projected Income Statement: CrowdStrike Holdings, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	874.4	1,452	2,241	3,056	3,954	4,804	5,866	7,149
Change	-	66%	54.4%	36.33%	29.39%	21.52%	22.09%	21.88%
EBITDA ¹	101	239.2	432.9	787.1	1,026	1,280	1,696	2,171
Change	-	136.7%	80.98%	81.84%	30.3%	24.8%	32.52%	27.98%
EBIT ¹	62.35	196.2	355.6	660.3	837.7	1,038	1,420	1,867
Change	-	214.63%	81.28%	85.67%	26.87%	23.91%	36.76%	31.51%
Interest Paid ¹	-1.212	-25.23	-25.32	-25.76	-26.31	-26.38	-26.61	-26.41
Earnings before Tax (EBT) ¹	-87.87	-160	-159.9	122.8	54.53	-148.8	260	549.4
Change	-	-82.12%	0.09%	176.82%	-55.6%	-372.87%	274.74%	111.29%
Net income ¹	-92.63	-234.8	-183.2	89.33	-19.27	-209.6	162.6	428.5
Change	-	-153.49%	21.96%	148.75%	-121.57%	-987.66%	177.56%	163.56%
Announcement Date	3/16/21	3/9/22	3/7/23	3/5/24	3/4/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: January	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3
Net sales ¹	264.9	302.8	337.7	380.1	431	487.8	535.2	580.9	637.4	692.6	731.6	786	845.3	921	963.9	1,010	1,059	1,103	1,169	1,234	1,297	1,355	1,423	1,498	1,581	1,654	1,727	1,811
Change	-	14.31%	11.51%	12.54%	13.41%	13.18%	9.7%	8.55%	9.72%	8.66%	5.64%	7.43%	7.55%	8.96%	4.65%	4.8%	4.79%	4.24%	5.94%	5.59%	5.12%	4.47%	4.96%	5.31%	5.54%	4.61%	4.4%	4.89%
EBITDA ¹	45.39	39.32	44.75	61.9	93.22	95.25	101	105.1	119.2	138.1	181.3	204.8	250	241.4	273	243.8	267.4	257.5	315.4	328.6	380.9	383.9	418.3	437.1	484.4	504.5	542.1	566.6
Change	-	-13.38%	13.82%	38.31%	50.61%	2.18%	6.08%	3.96%	13.44%	15.89%	31.29%	12.95%	22.06%	-3.42%	13.09%	-10.7%	9.65%	-3.67%	22.45%	4.21%	15.92%	0.77%	8.97%	4.48%	10.83%	4.14%	7.46%	4.52%
EBIT ¹	34.42	29.78	35.3	50.71	80.39	83	87.35	89.72	95.55	115.9	155.7	175.7	213.1	198.7	226.8	194.9	217.2	201.1	255	264.6	317.2	308.2	340.9	358	411.4	416.2	453	466.5
Change	-	-13.49%	18.54%	43.66%	58.53%	3.25%	5.24%	2.72%	6.49%	21.27%	34.32%	12.85%	21.32%	-6.74%	14.11%	-14.05%	11.46%	-7.42%	26.76%	3.78%	19.9%	-2.84%	10.6%	4.99%	14.94%	1.16%	8.85%	2.98%
Charge d'intérêts ¹	-0.702	-6.23	-6.296	-6.403	-6.302	-6.298	-6.335	-6.334	-6.352	-6.387	-6.444	-6.503	-6.422	-6.511	-6.549	-6.587	-6.664	-6.715	-6.823	-6.931	-6.68	-6.684	-6.67	-6.656	-6.642	-7.092	-6.992	-6.892
Earnings before Tax (EBT) ¹	-16.17	-32.81	-53.08	-45.98	-28.16	-26.97	-43.54	-45.76	-43.62	4.908	13.09	36.27	68.55	53.93	57.6	-10.54	-46.46	-89.89	-71.67	-23.27	43.11	39.97	53.84	56.87	76.53	83.62	101.8	105.9
Change	-	-102.9%	-61.78%	13.38%	38.76%	4.22%	-61.43%	-5.11%	4.68%	111.25%	166.65%	177.16%	88.99%	-21.33%	6.81%	-118.29%	-340.91%	-93.46%	20.26%	67.54%	285.3%	-7.29%	34.69%	5.62%	34.58%	9.27%	21.7%	4.05%
Net income ¹	-19	-85.05	-57.32	-50.45	-41.98	-31.52	-49.28	-54.96	-47.48	0.491	8.472	26.66	53.7	42.82	47.01	-16.82	-92.28	-110.2	-77.68	-34	9.413	-0.8493	21.1	31.51	58.68	54.8	79.15	83.83
Change	-	-347.58%	32.61%	11.98%	16.79%	24.91%	-56.35%	-11.51%	13.6%	101.03%	1,625.46%	214.74%	101.38%	-20.26%	9.79%	-135.78%	-448.58%	-19.42%	29.52%	56.23%	127.69%	-109.02%	2,583.82%	49.36%	86.25%	-6.61%	44.43%	5.91%
Announcement Date	3/16/21	6/3/21	8/31/21	12/1/21	3/9/22	6/2/22	8/30/22	11/29/22	3/7/23	5/31/23	8/30/23	11/28/23	3/5/24	6/4/24	8/28/24	11/26/24	3/4/25	6/3/25	8/27/25	12/2/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: CrowdStrike Holdings, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-1,181	-1,257	-1,964	-2,732	-3,579	-4,320	-5,935	-8,041
Change	-	-6.44%	-56.25%	-39.1%	-31%	-20.69%	-37.38%	-35.48%
Announcement Date	3/16/21	3/9/22	3/7/23	3/5/24	3/4/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: CrowdStrike Holdings, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	52.8	112.1	235	176.5	254.9	281.6	353	413.8
Change	-	112.4%	109.57%	-24.89%	44.37%	10.49%	25.37%	17.22%
Free Cash Flow (FCF) ¹	292.9	441.8	706	938.2	1,065	1,201	1,799	2,328
Change	-	50.83%	59.81%	32.89%	13.52%	12.79%	49.74%	29.43%
Announcement Date	3/16/21	3/9/22	3/7/23	3/5/24	3/4/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: CrowdStrike Holdings, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	11.56%	16.48%	19.31%	25.76%	25.94%	26.64%	28.92%	30.36%
EBIT Margin (%)	7.13%	13.51%	15.87%	21.61%	21.19%	21.6%	24.2%	26.11%
EBT Margin (%)	-10.05%	-11.02%	-7.13%	4.02%	1.38%	-3.1%	4.43%	7.68%
Net margin (%)	-10.59%	-16.18%	-8.18%	2.92%	-0.49%	-4.36%	2.77%	5.99%
FCF margin (%)	33.5%	30.43%	31.5%	30.7%	26.94%	25.01%	30.67%	32.57%
FCF / Net Income (%)	-316.21%	-188.15%	-385.27%	1,050.29%	-5,526.85%	-573.15%	1,106.46%	543.37%
Profitability
ROA	-4.48%	-7.39%	-4.24%	1.53%	12.87%	10.11%	11.19%	9.98%
ROE	7.76%	16.94%	29.6%	39.91%	35.38%	24.81%	27.11%	24.99%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	6.04%	7.73%	10.49%	5.78%	6.45%	5.86%	6.02%	5.79%
CAPEX / EBITDA (%)	52.25%	46.89%	54.29%	22.43%	24.85%	22%	20.81%	19.06%
CAPEX / FCF (%)	18.03%	25.38%	33.29%	18.82%	23.93%	23.44%	19.62%	17.77%
Items per share
Cash flow per share ¹	1.522	2.53	4.036	4.787	5.646	6.171	8.183	10.12
Change	-	66.32%	59.5%	18.59%	17.94%	9.3%	32.62%	23.71%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	3.715	4.446	6.208	9.526	13.4	17.24	22.4	28.53
Change	-	19.69%	39.62%	53.45%	40.66%	28.66%	29.91%	27.38%
EPS ¹	-0.43	-1.03	-0.79	0.37	-0.08	-0.8486	0.333	1.22
Change	-	-139.53%	23.3%	146.84%	-121.62%	-960.8%	139.24%	266.47%
Nbr of stocks (in thousands)	221,264	229,339	234,394	240,145	246,311	252,098	252,098	252,098
Announcement Date	3/16/21	3/9/22	3/7/23	3/5/24	3/4/25	-	-	-