This brief reports what CrowdStrike's 8-K earnings release, filed 2025-03-04, 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 |
|---|---|---|
| Ending ARR | 23% | — |
| ARR | 23% | January 31, 2025 |
| Full year subscription revenue | 31% | — |
| Total revenue | 25% | fourth quarter of fiscal 2024 |
| Subscription revenue | 27% | fourth quarter of fiscal 2024 |
| Total revenue | 29% | fiscal 2024 |
| Subscription revenue | 31% | fiscal 2024 |
| GAAP subscription gross margin | 77% | fourth quarter of fiscal 2024 |
| Non-GAAP subscription gross margin | 80% | fourth quarter of fiscal 2025 and 2024 |
| GAAP subscription gross margin | 78% | fiscal 2025 and 2024 |
| Non-GAAP subscription gross margin | 80% | fiscal 2025 and 2024 |
| Non-GAAP income from operations | $217.3 million | fourth quarter of fiscal 2024 |
| Non-GAAP income from operations | $837.7 million | fiscal 2024 |
| Non-GAAP net income attributable to CrowdStrike | $260.9 million | fourth quarter of fiscal 2024 |
| Non-GAAP net income attributable to CrowdStrike | $987.6 million | fiscal 2024 |
| Net cash generated from operations | $345.7 million | fourth quarter of fiscal 2024 |
| Free cash flow | $239.8 million | fourth quarter of fiscal 2024 |
| Ending ARR | 23% | Q4 |
| Net new ARR | $224 million | Q4 |
| Full year subscription revenue | $3.76 billion | fiscal year 2025 |
| Full year subscription revenue | 31% | fiscal year 2025 |
| Full year operating cash flow | $1.38 billion | fiscal year 2025 |
| Full year free cash flow | $1.07 billion | fiscal year 2025 |
| Total revenue | $1.06 billion | fourth quarter of fiscal 2025 |
| Total revenue | 25% | fourth quarter of fiscal 2025 |
| Subscription revenue | $1.01 billion | fourth quarter of fiscal 2025 |
| Subscription revenue | 27% | fourth quarter of fiscal 2025 |
| GAAP subscription gross margin | 77% | fourth quarter of fiscal 2025 |
| GAAP loss from operations | $85.3 million | fourth quarter of fiscal 2025 |
| GAAP net loss attributable to CrowdStrike | $92.3 million | fourth quarter of fiscal 2025 |
| Net cash generated from operations | $345.7 million | fourth quarter of fiscal 2025 |
| Cash and Cash Equivalents | $4.32 billion | January 31, 2025 |
| Total revenue | $3.95 billion | fiscal year 2025 |
| Total revenue | 29% | fiscal year 2025 |
| Subscription revenue | $3.76 billion | fiscal year 2025 |
| Subscription revenue | 31% | fiscal year 2025 |
| GAAP subscription gross margin | 78% | fiscal year 2025 |
| GAAP loss from operations | $120.4 million | fiscal year 2025 |
| Total revenue | $1,100.6 - $1,106.4 million | Q1 FY26 |
| Total revenue | $4,743.5 - $4,805.5 million | Full Year FY26 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 254 million | Q1 FY26 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 256 million | Full Year FY26 |
| Estimated impact of the non-GAAP tax rate of 22.5% on non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $(0.19) | Q1 FY26 |
| Estimated impact of the non-GAAP tax rate of 22.5% on non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $(0.98) | Full Year FY26 |
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
Ending ARR grows 23% year-over-year to reach $4.24 billion, adding $224 million in net new ARR in Q4
Annual Recurring Revenue (ARR) grew 23% year-over-year to $4.24 billion as of January 31, 2025, of which $224.3 million was net new ARR added in the quarter.
Achieves full year subscription revenue of $3.76 billion, growing 31% year-over-year
Revenue: Total revenue was $1.06 billion, a 25% increase, compared to $845.3 million in the fourth quarter of fiscal 2024.
Subscription revenue was $1.01 billion, a 27% increase, compared to $795.9 million in the fourth quarter of fiscal 2024.
Revenue: Total revenue was $3.95 billion, a 29% increase, compared to $3.06 billion in fiscal 2024.
Subscription revenue was $3.76 billion, a 31% increase, compared to $2.87 billion in fiscal 2024.
Net cash generated from operations was $1.38 billion, compared to $1.17 billion in fiscal 2024.
Free cash flow was $1.07 billion, compared to $938.2 million in fiscal 2024.
GAAP subscription gross margin was 77%, compared to 78% for the fourth quarter of fiscal 2024.
Non-GAAP subscription gross margin was 80% for both the fourth quarter of fiscal 2025 and 2024.
GAAP subscription gross margin was 78% for both fiscal 2025 and 2024.
Non-GAAP subscription gross margin was 80% for both fiscal 2025 and 2024.
Non-GAAP income from operations was $217.3 million, compared to $213.1 million in the fourth quarter of fiscal 2024.
Non-GAAP income from operations was $837.7 million, compared to $660.3 million in fiscal 2024.
Non-GAAP net income attributable to CrowdStrike was $260.9 million, compared to $236.2 million in the fourth quarter of fiscal 2024.
Non-GAAP net income attributable to CrowdStrike was $987.6 million, compared to $751.8 million in fiscal 2024.
Net cash generated from operations was $345.7 million, compared to $347.0 million in the fourth quarter of fiscal 2024.
Free cash flow was $239.8 million, compared to $283.0 million in the fourth quarter of fiscal 2024.
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
Ending ARR grows 23% year-over-year to reach $4.24 billion, adding $224 million in net new ARR in Q4
Ending ARR grows 23% year-over-year to reach $4.24 billion, adding $224 million in net new ARR in Q4
Achieves full year subscription revenue of $3.76 billion, growing 31% year-over-year
Achieves full year subscription revenue of $3.76 billion, growing 31% year-over-year
Delivers record full year operating cash flow of $1.38 billion and record full year free cash flow of $1.07 billion
Delivers record full year operating cash flow of $1.38 billion and record full year free cash flow of $1.07 billion
Revenue: Total revenue was $1.06 billion, a 25% increase, compared to $845.3 million in the fourth quarter of fiscal 2024.
Revenue: Total revenue was $1.06 billion, a 25% increase, compared to $845.3 million in the fourth quarter of fiscal 2024.
Subscription revenue was $1.01 billion, a 27% increase, compared to $795.9 million in the fourth quarter of fiscal 2024.
Subscription revenue was $1.01 billion, a 27% increase, compared to $795.9 million in the fourth quarter of fiscal 2024.
Subscription Gross Margin: GAAP subscription gross margin was 77%, compared to 78% for the fourth quarter of fiscal 2024.
Income/Loss from Operations: GAAP loss from operations was $85.3 million, compared to income of $29.7 million in the fourth quarter of fiscal 2024.
Net Income/Loss Attributable to CrowdStrike: GAAP net loss attributable to CrowdStrike was $92.3 million, compared to net income of $53.7 million in the fourth quarter of fiscal 2024.
Cash Flow: Net cash generated from operations was $345.7 million, compared to $347.0 million in the fourth quarter of fiscal 2024.
Cash and Cash Equivalents was $4.32 billion as of January 31, 2025.
Revenue: Total revenue was $3.95 billion, a 29% increase, compared to $3.06 billion in fiscal 2024.
Revenue: Total revenue was $3.95 billion, a 29% increase, compared to $3.06 billion in fiscal 2024.
Subscription revenue was $3.76 billion, a 31% increase, compared to $2.87 billion in fiscal 2024.
Subscription revenue was $3.76 billion, a 31% increase, compared to $2.87 billion in fiscal 2024.
Subscription Gross Margin: GAAP subscription gross margin was 78% for both fiscal 2025 and 2024.
Income/Loss from Operations: GAAP loss from operations was $120.4 million, compared to $2.0 million in fiscal 2024.
guidance raised/cut, outlook change
Q1 FY26GuidanceFull Year FY26GuidanceTotal revenue$1,100.6 - $1,106.4 million$4,743.5 - $4,805.5 million
Q1 FY26GuidanceFull Year FY26GuidanceTotal revenue$1,100.6 - $1,106.4 million$4,743.5 - $4,805.5 million
Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted254 million256 million
Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted254 million256 million
The estimated impact of the non-GAAP tax rate of 22.5% to the outlook for non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted, is $(0.19) and $(0.98) at the midpoint for Q1 FY26 and full year FY26, respectively.
The estimated impact of the non-GAAP tax rate of 22.5% to the outlook for non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted, is $(0.19) and $(0.98) at the midpoint for Q1 FY26 and full year FY26, respectively.
Verification ledger
- 60 statements proposed by the extractor
- 46 verified verbatim against the fetched filing (77%)
- 14 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.