Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

CrowdStrike Holdings Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Jan 31, 2026 Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Accounts payable 0.95 1.50 0.42 0.90 1.32 0.44
Accrued expenses 1.63 2.20 1.89 2.74 2.30 1.87
Accrued commissions 1.87 2.00 1.76 1.54 1.31 1.18
Accrued payroll and related expenses 0.91 0.80 0.88 0.79 0.69 0.60
Accrued bonuses 0.41 0.49 0.55 0.68 0.49 0.44
Employee stock purchase plan 0.33 0.38 0.34 0.35 0.41 0.40
Accrued payroll and benefits 3.51% 3.67% 3.53% 3.36% 2.89% 2.63%
Operating lease liabilities, current 0.16 0.16 0.21 0.26 0.27 0.33
Deferred revenue, current 30.86 31.41 34.16 34.37 31.41 25.69
Other current liabilities 0.62 0.84 0.36 0.33 0.69 0.64
Current liabilities 37.74% 39.77% 40.58% 41.96% 38.88% 31.60%
Long-term debt 6.72 8.55 11.17 14.74 20.44 27.01
Deferred revenue, noncurrent 12.02 11.44 11.79 12.49 10.86 7.68
Operating lease liabilities, noncurrent 0.51 0.36 0.55 0.59 0.70 1.17
Other liabilities, noncurrent 2.67 1.73 0.75 0.63 0.45 0.63
Noncurrent liabilities 21.92% 22.08% 24.26% 28.45% 32.44% 36.49%
Total liabilities 59.66% 61.86% 64.84% 70.41% 71.32% 68.09%
Preferred stock, $0.0005 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00
Class A common stock, $0.0005 par value; Class B common stock, $0.0005 par value 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 51.36 50.19 50.62 51.98 55.05 58.49
Accumulated deficit -11.57 -12.39 -15.93 -22.84 -26.67 -26.72
Accumulated other comprehensive income (loss) 0.15 -0.11 -0.03 -0.02 -0.03 0.08
Total CrowdStrike Holdings, Inc. stockholders’ equity 39.94% 37.69% 34.66% 29.12% 28.35% 31.86%
Non-controlling interest 0.40 0.45 0.50 0.47 0.33 0.05
Total stockholders’ equity 40.34% 38.14% 35.16% 29.59% 28.68% 31.91%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2026-01-31), 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).


The composition of liabilities and stockholders’ equity at the company has undergone notable shifts between January 2021 and January 2026. Overall, the proportion of total liabilities decreased while the proportion of total stockholders’ equity increased over this period.

Current Liabilities
Current liabilities as a percentage of the total initially represented 31.60% in January 2021, peaking at 41.96% in January 2023, and then declining to 37.74% by January 2026. Deferred revenue, current, consistently constitutes the largest component of current liabilities, ranging from 25.69% to 34.37% of the total. Accrued payroll and benefits also represent a significant portion, increasing from 2.63% to 3.67% before decreasing slightly to 3.51%.
Noncurrent Liabilities
Noncurrent liabilities exhibited a decreasing trend, moving from 36.49% in January 2021 to 21.92% in January 2026. Long-term debt experienced the most substantial decline, falling from 27.01% to 6.72% over the same period. Deferred revenue, noncurrent, remained relatively stable, fluctuating between 7.68% and 12.49%. Other liabilities, noncurrent, showed an increasing trend, rising from 0.63% to 2.67%.
Total Liabilities
Total liabilities decreased as a percentage of the total, starting at 68.09% in January 2021 and ending at 59.66% in January 2026. This decline is attributable to the reductions observed in both current and noncurrent liabilities.
Stockholders’ Equity
Total stockholders’ equity increased from 31.91% in January 2021 to 40.34% in January 2026. Additional paid-in capital remained a substantial portion, decreasing from 58.49% to 51.36%. Accumulated deficit decreased in percentage terms, moving from -26.72% to -11.57%, indicating improving retained earnings. Non-controlling interest remained relatively small, fluctuating between 0.05% and 0.47%.
Specific Accruals
Several accrual accounts demonstrated increasing trends between 2021 and 2024, before leveling off or decreasing slightly by 2026. Accrued commissions, accrued payroll and related expenses, and accrued bonuses all showed increases, suggesting potential growth in sales and employee compensation. However, these increases were not consistent across all years.

The company appears to be reducing its reliance on debt financing, as evidenced by the decline in long-term debt. Simultaneously, the growth in stockholders’ equity suggests increased profitability and/or equity financing. The fluctuations in accrual accounts warrant further investigation to understand the underlying drivers of these changes.