CrowdStrike Holdings, Inc. (CRWD) Bundle
In the ever-evolving cybersecurity landscape, companies must have a clear sense of purpose and direction. How well do you know the guiding principles that shape the strategies and operations of leading cybersecurity firms? For fiscal year 2024, CrowdStrike reported a total revenue of $3.06 billion, marking a 36% increase from the previous year, and its annual recurring revenue (ARR) grew by 34% to reach $3.44 billion.
Let's delve into the core of CrowdStrike by exploring its mission statement, vision, and core values to understand what drives this cybersecurity consolidator, innovator, and platform of choice. What are the values that underpin their culture, and how do these translate into their approach to innovation, customer relations, and ethical leadership in cybersecurity?
CrowdStrike Holdings, Inc. (CRWD) An Overview of
CrowdStrike is a cybersecurity technology company that was founded in 2011. It is known for its Falcon platform, which offers a suite of cloud-delivered services for endpoint protection, threat intelligence, and incident response. As of April 2025, CrowdStrike continues to be a major player in the cybersecurity industry, helping organizations protect themselves against increasingly sophisticated cyber threats.
CrowdStrike's offerings include:
- Endpoint Security: Protecting laptops, desktops, servers, and other devices from malware and attacks.
- Threat Intelligence: Providing insights into the latest threats and attackers to help organizations stay ahead of potential breaches.
- Cloud Security: Securing cloud workloads and infrastructure.
- Incident Response: Helping organizations respond to and recover from security incidents.
In the fiscal year 2024, CrowdStrike reported significant financial achievements. The company's total revenue reached $3.07 billion, marking a substantial increase of 36% year-over-year. Subscription revenue was a key driver, totaling $2.87 billion, which is a 37% increase compared to the previous year. This growth reflects the increasing demand for CrowdStrike's cybersecurity solutions and its ability to attract and retain customers. The company's annual recurring revenue (ARR) grew to $3.44 billion as of January 31, 2024, representing a 34% increase year-over-year. This consistent ARR growth highlights the company's strong subscription-based business model and its ability to generate predictable revenue streams.
CrowdStrike's performance in fiscal year 2024 also demonstrated its growing efficiency and profitability. The company achieved a GAAP gross margin of 76% and a non-GAAP gross margin of 78%. GAAP net income was reported at $89.3 million, or $0.37 per diluted share, while non-GAAP net income reached $402.4 million, or $1.67 per diluted share. These figures indicate CrowdStrike's ability to manage its costs effectively while scaling its operations. The company's cash flow from operations was $1.07 billion, and free cash flow was $870.8 million, representing approximately 28% of total revenue. This strong cash flow generation underscores the company's financial health and its capacity to invest in future growth opportunities.
CrowdStrike stands out as a leader in the cybersecurity space due to its innovative technology, comprehensive platform, and strong financial performance. Want to find out more? Learn more about CrowdStrike's journey and mission here: CrowdStrike Holdings, Inc. (CRWD): History, Ownership, Mission, How It Works & Makes Money
CrowdStrike Holdings, Inc. (CRWD) Mission Statement
CrowdStrike's mission is centered on stopping breaches and protecting organizations through advanced cybersecurity solutions. The company's focus is on delivering comprehensive endpoint protection via its Falcon platform.
The primary objectives of this mission include:
- Proactive cyber threat prevention
- Continuous security innovation
- Global enterprise protection
In line with this mission, CrowdStrike does not have a traditional mission statement. Instead, their driving purpose, as articulated by CEO and Co-Founder George Kurtz, is: “At CrowdStrike, we don't have a mission statement; our mission is to stop breaches.” This singular focus unites the entire organization.
CrowdStrike's commitment to its mission is reflected in its strategic objectives and technology innovation focus, which includes:
- AI-powered threat detection
- Cloud-native security architecture
- Real-time threat intelligence
CrowdStrike's mission is supported by its focus on:
- Comprehensive cybersecurity solutions
- 24/7 global support
- Personalized security consultation
- Continuous threat monitoring
This mission is critical to CrowdStrike's identity and is reflected in how the company hires and develops its employees, focusing on merit and alignment with the company's goal of stopping breaches.
The mission also aligns with CrowdStrike's strategic partnerships and industry alliances, enhancing its capabilities and expanding its global reach.
CrowdStrike's commitment to its mission has driven its success in the cybersecurity market. In the third quarter of fiscal year 2025, which ended on October 31, 2024, CrowdStrike's financial performance included:
- Total revenue of $1.01 billion, a 29% increase year-over-year
- Annual Recurring Revenue (ARR) grew 27% year-over-year to $4.02 billion
For the fiscal year 2024, CrowdStrike reported:
- Total revenue of $3.06 billion, a 36% increase compared to fiscal year 2023
- Annual Recurring Revenue (ARR) grew 34% year-over-year to $3.44 billion as of January 31, 2024
CrowdStrike's dedication to innovation and customer relationships ensures they remain at the forefront of cybersecurity, effectively countering evolving cyber threats.
For more insights into CrowdStrike's history, mission, and operations, you can visit: CrowdStrike Holdings, Inc. (CRWD): History, Ownership, Mission, How It Works & Makes Money
As of February 12, 2025, CrowdStrike's core values are central to the company's identity:
- Fanatical About our Customers
- Relentlessly Focused on Innovation
- Limitless Passion that Creates the Unlimited Potential of our employees
CrowdStrike Holdings, Inc. (CRWD) Vision Statement of
A vision statement outlines a company's aspirations for the future. While CrowdStrike doesn't have a single, formally published vision statement, their mission, values, and strategic goals collectively paint a clear picture of what they aim to achieve.
CrowdStrike's overarching goal is to revolutionize cybersecurity by stopping breaches. This involves not only preventing attacks but also providing comprehensive visibility and proactive threat intelligence to help organizations stay ahead of emerging threats. Their focus extends to offering a unified platform that simplifies security operations and delivers better outcomes for customers. CrowdStrike aims to be the leading cybersecurity platform, empowering organizations to protect their critical assets and data in an increasingly complex threat landscape. You can explore more about their financial health here: Breaking Down CrowdStrike Holdings, Inc. (CRWD) Financial Health: Key Insights for Investors
Becoming the Gold Standard in CybersecurityCrowdStrike envisions becoming the gold standard in cybersecurity, setting the benchmark for how organizations protect themselves against evolving threats. This involves:
- Innovation: Continuously developing cutting-edge technologies and solutions to address emerging threats.
- Effectiveness: Delivering proven security outcomes that reduce risk and improve overall security posture.
- Customer Focus: Building strong partnerships with customers to understand their unique needs and provide tailored solutions.
- Threat Intelligence: Leveraging vast amounts of threat data to provide proactive insights and protect customers from the latest attacks.
A key element of CrowdStrike's vision is to lead the cybersecurity industry with its unified platform approach. This means offering a comprehensive suite of security solutions that work together seamlessly to provide holistic protection. The benefits of this approach include:
- Simplified Security Operations: Consolidating multiple security tools into a single platform reduces complexity and streamlines management.
- Improved Visibility: A unified view of the entire security landscape enables better detection and response to threats.
- Enhanced Efficiency: Automation and integration across different security functions improve efficiency and reduce manual effort.
CrowdStrike aims to empower organizations of all sizes to protect themselves from cyber threats. As of fiscal year 2024, CrowdStrike reported a total revenue of $3.07 billion, a 36% increase year-over-year, demonstrating its growing market presence and ability to serve a wide range of customers. This vision involves:
- Scalability: Offering solutions that can scale to meet the needs of small businesses to large enterprises.
- Accessibility: Making enterprise-grade security accessible to organizations with limited resources.
- Expertise: Providing access to world-class security expertise and support.
By focusing on these key areas, CrowdStrike strives to create a future where organizations can confidently operate in the digital world, knowing they are protected by the best cybersecurity solutions available. CrowdStrike's commitment to innovation, customer success, and a unified platform approach positions them as a leader in the industry and a trusted partner for organizations seeking to enhance their security posture.
CrowdStrike Holdings, Inc. (CRWD) Core Values of
While specific details regarding CrowdStrike's mission statement, vision, and detailed core values as of April 2025 are not available in the provided search results, we can infer key aspects based on their publicly stated commitments and actions. Understanding these elements provides insight into the company's strategic direction and operational philosophy. To explore more about CrowdStrike's investor profile, you might find this resource helpful: Exploring CrowdStrike Holdings, Inc. (CRWD) Investor Profile: Who’s Buying and Why?
CrowdStrike's focus on cybersecurity suggests a mission centered around protecting organizations from cyber threats. Their vision likely involves leading the cybersecurity industry with innovative solutions. Although explicit core values are not listed, several can be inferred from their operational practices and public statements.
Commitment to Innovation
Innovation is crucial in the fast-evolving cybersecurity landscape. CrowdStrike consistently updates its Falcon platform to address emerging threats. For example, in fiscal year 2024, CrowdStrike invested $634.4 million in research and development, reflecting its dedication to staying ahead of cyber threats through continuous innovation. This investment supported the development of new modules and enhancements to existing services, ensuring that customers have access to cutting-edge protection.
Customer-Centric Approach
A customer-centric approach is evident in CrowdStrike’s focus on providing comprehensive and tailored security solutions. This is demonstrated through their high customer retention rates. In fiscal year 2024, CrowdStrike reported a gross retention rate of approximately 98%, underscoring their commitment to customer satisfaction and the effectiveness of their solutions in meeting client needs. Furthermore, the company's net retention rate, which measures expansion within existing customers, was above 120%, highlighting strong customer loyalty and the increasing value customers find in CrowdStrike’s offerings.
Integrity and Trust
Given the sensitive nature of cybersecurity, integrity and trust are paramount. CrowdStrike emphasizes transparency and ethical conduct in its operations. They provide detailed threat intelligence reports and analysis, helping organizations understand and mitigate risks effectively. The company also actively participates in industry collaborations to share knowledge and improve overall cybersecurity practices.
Focus on Results
Delivering tangible results for clients is a key focus. CrowdStrike highlights the effectiveness of its Falcon platform in preventing breaches and reducing incident response times. For instance, in fiscal year 2024, CrowdStrike's annual recurring revenue (ARR) grew by approximately 34%, reaching $3.44 billion. This growth reflects the increasing demand for their services and the value customers place on their ability to deliver measurable security outcomes. The company's ability to consistently grow its ARR demonstrates its commitment to providing effective solutions that drive customer success.
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