This brief reports what CrowdStrike's 10-Q, filed 2025-12-03, states, and nothing else. Every item below is a sentence the filing contains, quoted exactly and verified character-for-character against the document fetched from EDGAR. No inference is drawn and no claim is made about what any figure means.
The figures
| Metric | Value | Period |
|---|---|---|
| ARR | 4922006 | October 31, 2025 |
| ARR | 4017540 | October 31, 2024 |
| ARR | 23% | October 31, 2025 |
| ARR | 27% | October 31, 2024 |
| ARR | 4.9 billion | October 31, 2025 |
| Net new ARR | 265.3 million | three months ended October 31, 2025 |
| Net new ARR | 680.2 million | nine months ended October 31, 2025 |
| ARR | 4.0 billion | October 31, 2024 |
| Net new ARR | 153.0 million | three months ended October 31, 2024 |
| Net new ARR | 582.3 million | nine months ended October 31, 2024 |
| Sales and marketing expenses | 253.8 million | nine months ended October 31, 2025 |
| Average headcount | 12% | nine months ended October 31, 2025 |
| Research and development expenses | 266.6 million | nine months ended October 31, 2025 |
| Average headcount | 20% | nine months ended October 31, 2025 |
| General and administrative expenses | 173.3 million | nine months ended October 31, 2025 |
| Average headcount | 19% | nine months ended October 31, 2025 |
| Charges related to the Plan | 9.1 million | nine months ended October 31, 2025 |
| Charges related to the Plan | 16.8 million | nine months ended October 31, 2025 |
| Charges related to the Plan | 12.6 million | nine months ended October 31, 2025 |
Every figure above is quoted from the filing; the sentence it was read from appears under its beat below.
The evidence, by beat
ARR / NRR / NDR growth or dilution
Annual recurring revenue$4,922,006 $4,017,540
Annual recurring revenue$4,922,006 $4,017,540
Year-over-year growth23 %27 %
Year-over-year growth23 %27 %
ARR grew to $4.9 billion as of October 31, 2025, of which $265.3 million and $680.2 million was net new ARR added for the three and nine months ended October 31, 2025, respectively.
ARR grew to $4.9 billion as of October 31, 2025, of which $265.3 million and $680.2 million was net new ARR added for the three and nine months ended October 31, 2025, respectively.
ARR grew to $4.9 billion as of October 31, 2025, of which $265.3 million and $680.2 million was net new ARR added for the three and nine months ended October 31, 2025, respectively.
ARR grew to $4.0 billion as of October 31, 2024, of which $153.0 million and $582.3 million was net new ARR added for the three and nine months ended October 31, 2024, respectively.
ARR grew to $4.0 billion as of October 31, 2024, of which $153.0 million and $582.3 million was net new ARR added for the three and nine months ended October 31, 2024, respectively.
ARR grew to $4.0 billion as of October 31, 2024, of which $153.0 million and $582.3 million was net new ARR added for the three and nine months ended October 31, 2024, respectively.
Our dollar-based net retention rate increased in the quarter ended October 31, 2025 over the prior quarter.
seat vs consumption / usage-based pricing mix shift
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
competitive displacement / win-loss / platform consolidation
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
AI product monetisation / attach
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
guidance raised/cut, outlook change
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
cost action / restructuring / headcount
Sales and marketing expenses increased by $253.8 million, or 23%, for the nine months ended October 31, 2025 compared to the nine months ended October 31, 2024.
The increase in sales and marketing expenses was primarily due to an increase in employee-related expenses of $130.8 million driven by a 12% increase in average headcount, an increase in stock-based compensation expense of $41.6 million, an increase in marketing programs of $26.5 million, an increase in allocated overhead costs of $16.7 million, an increase in employee benefits of $14.3 million, an increase in travel expenses of $10.5 million, charges related to the Plan of $9.1 million, and an increase in term-based software licenses of $2.8 million, partially offset by a decrease of $17.4 million of expenses associated with the July 19 Incident and related matters, and a decrease in company events expenses of $5.5 million.
Research and development expenses increased by $266.6 million, or 35%, for the nine months ended October 31, 2025 compared to the nine months ended October 31, 2024.
This increase was primarily due to an increase in stock-based compensation expense of $98.9 million, an increase in employee-related expenses of $93.4 million driven by a 20% increase in average headcount, an increase in cloud hosting and related costs of $35.0 million, an increase in allocated overhead costs of $21.4 million, charges related to the Plan of $16.8 million, an increase in employee benefits of $11.3 million, and an increase in term-based software licenses of $2.3 million, partially offset by a decrease in other labor expenses of $11.3 million, and an increase in software capitalization of $10.2 million.
General and administrative expenses increased by $173.3 million, or 51%, for the nine months ended October 31, 2025 compared to the nine months ended October 31, 2024.
The increase in general and administrative expenses was primarily due to an increase in expenses associated with the July 19 Incident and related matters of $82.0 million, an increase in stock-based compensation expense of $43.7 million, charges related to the Plan of $12.6 million, an increase in employee-related expenses of $10.5 million driven by a 19% increase in average headcount, an increase in allocated overhead costs of $3.6 million, an increase in legal expense of $3.4 million unrelated to the July 19 Incident or related matters, an increase in term-based software licenses of $2.6 million, an increase in consulting expense of $2.0 million, and an increase in travel expenses of $1.9 million.
charges related to the Plan of $9.1 million
charges related to the Plan of $16.8 million
charges related to the Plan of $12.6 million
Verification ledger
- 20 statements proposed by the extractor
- 20 verified verbatim against the fetched filing (100%)
- 0 discarded — not quotable character-for-character
The verbatim check contains no model: the extractor proposes a statement, and a deterministic substring match against the fetched text decides whether it is admissible. A proposal that does not verify is dropped.
This brief publishes no inference and no synthesis. The publication's inference layer must clear a measured second-lab confirmation threshold before it may appear; it has not, so it is absent by rule rather than by omission.