Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

CrowdStrike Holdings Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
United States 2,682,942 2,088,054 1,563,567 1,046,474 627,402 356,513
Europe, Middle East, and Africa 619,483 467,928 327,929 200,198 123,900 67,428
Asia Pacific 402,453 315,524 228,124 142,686 80,185 37,672
Other 248,746 184,049 121,616 62,236 42,951 19,800
Revenue 3,953,624 3,055,555 2,241,236 1,451,594 874,438 481,413

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).


The annual revenue data reveals a consistent and significant growth trend across all geographic segments over the analyzed periods. Each region demonstrates an upward trajectory, contributing to an overall expansion in total revenue.

United States
The revenue from the United States shows a strong and steady increase year over year. Starting at 356.5 million USD in 2020, it nearly doubled to approximately 627.4 million USD by 2021 and continued to expand substantially, reaching over 2.68 billion USD by 2025. This segment represents the largest share of total revenue and drives much of the company's revenue growth.
Europe, Middle East, and Africa (EMEA)
The EMEA region exhibits robust growth, more than doubling from approximately 67.4 million USD in 2020 to nearly 124 million USD in 2021. This positive trend persists, with revenue reaching over 619 million USD by 2025. The growth rate here is also strong, indicating expanding penetration and possibly increasing market acquisition efforts in this territory.
Asia Pacific
The Asia Pacific segment shows a pronounced growth pattern starting from 37.7 million USD in 2020 to over 80 million USD in 2021, then rising consistently to exceed 400 million USD by 2025. This highlights rapid market development in this region, albeit still representing a smaller share relative to the United States and EMEA.
Other
Revenues categorized as "Other" demonstrate a remarkable increase from 19.8 million USD in 2020 to 42.9 million USD in 2021, nearly tripling by 2023, and reaching approximately 249 million USD by 2025. This indicates emerging contributions from additional markets or product lines, adding to the diversification of revenue streams.
Total Revenue
The consolidated revenue shows vigorous growth, starting at approximately 481.4 million USD in 2020 and nearly doubling to 874.4 million USD by 2021. The growth momentum accelerates further, with total revenue reaching nearly 4 billion USD in 2025. This consistent upward expansion suggests effective business scaling, market expansion, and strong demand across multiple regions.

Overall, the data paints a picture of expansive and balanced growth across all regions, with the United States maintaining the largest revenue portion. The consistent increases year over year imply successful strategic initiatives fueling revenue diversification and market penetration.