CrowdStrike Holdings, Inc. 10-K Report
Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Commission File Number: 001-40524
Fiscal Year Ended December 31, 2022
CrowdStrike Holdings, Inc., a leading provider of cloud-delivered endpoint security solutions, is pleased to present its 10-K report for the fiscal year ended December 31, 2022.
Executive Summary
CrowdStrike has continued to experience rapid growth, driven by the increasing demand for cloud-delivered endpoint security solutions. Our platform is designed to help organizations protect themselves against sophisticated and evolving cyber threats, and we have gained significant traction in the market. For the fiscal year ended December 31, 2022, we reported revenue of \(1.35 billion, a 51% increase over the prior year. We reported a net loss of \)24.6 million, or $(0.22) per diluted share.
Business Overview
We are a cloud-delivered endpoint security company, providing solutions that help organizations protect themselves against sophisticated cyber threats. Our platform is designed to help organizations detect, prevent, and respond to security incidents, and provides real-time visibility into endpoint activity. We offer a range of solutions, including:
Financial Highlights
For the fiscal year ended December 31, 2022, we reported:
Management’s Discussion and Analysis
We believe that our competitive Advantage lies in our cloud-delivered platform, which provides real-time visibility and threat detection capabilities that are unmatched by traditional on-premise solutions. Our commitment to innovation and R&D has enabled us to stay ahead of emerging threats, and we continue to invest in our platform to ensure that we remain a leader in the endpoint security market.
We believe that the demand for cloud-delivered endpoint security solutions will continue to grow as organizations seek to improve their cybersecurity posture and protect themselves against increasingly sophisticated and targeted attacks. We are well-positioned to take advantage of this trend, and we believe that our platform will continue to be a key player in the endpoint security market.
Risk Factors
We face a number of risks and uncertainties that could impact our business, including:
Cautionary Statement
This 10-K report contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially from those projected. We caution investors against relying on forward-looking statements as predictions of future performance, and we disclaim any obligation to update or revise these statements.
Selected Financial Data
The following table provides selected financial data for the fiscal years ended December 31, 2022, and December 31, 2021:
2022 | 2021 | |
---|---|---|
Revenue | $1.35 billion | $885.1 million |
Gross profit | $673.4 million | $433.2 million |
Operating expenses | $729.4 million | $478.1 million |
Net loss | $(24.6 million) | $(42.1 million) |
Net loss per diluted share | $(0.22) | $(0.38) |
CrowdStrike Holdings, Inc.
By:
/Dennis F. Chillemi, Chief Financial Officer/
Date: February 24, 2023