Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
CrowdStrike Holdings Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30).
The analysis of the quarterly financial data reveals several notable trends in the composition of liabilities and stockholders’ equity over the observed periods.
- Current Liabilities
- Current liabilities as a percentage of total liabilities and stockholders’ equity show a significant increase from approximately 29.17% in mid-2019 to a peak of around 41.96% in early 2023, followed by a gradual decline to about 36.12% by late 2025. Within current liabilities:
- - Deferred revenue (current) is the largest component, exhibiting growth from about 23.90% to a high of 34.81%, with some fluctuations, indicating steady revenue recognition obligations.
- - Accrued payroll and benefits also increased modestly from 1.71% to a peak around 4.17% before slightly easing to around 3.59%, reflecting payroll-related accruals expanding over time.
- - Accounts payable fluctuated with an overall increasing trend in the latter periods, suggesting variable short-term creditor obligations.
- - Accrued expenses remained relatively stable, generally hovering between 1.19% and 2.78%, indicating consistent operational accruals.
- Noncurrent Liabilities
- Noncurrent liabilities proportion declined steadily from 36.49% in early 2021 to about 23.14% by late 2025. This decrease primarily reflects a marked reduction of long-term debt from a high of 27.01% to 7.48%, demonstrating ongoing debt repayment or refinancing efforts.
- Deferred revenue (noncurrent) remained fairly stable with a slight decline towards the later periods, fluctuating near 11% to 12%, indicating sustained longer-term deferred revenue components.
- Operating lease liabilities (both current and noncurrent) showed a slight decreasing trend overall, aligning with broader market trends away from leasing or changes in lease accounting.
- Other noncurrent liabilities exhibited a gradual increase, rising from around 0.48% to nearly 2.94%, suggesting growing miscellaneous long-term obligations.
- Stockholders’ Equity
- Total stockholders’ equity showed a consistent long-term upward trajectory, beginning near 15.9% in early 2019, rising sharply to over 62% by mid-2019, likely due to capital infusion or reclassification effects, then stabilizing between 28% and 40% in subsequent years.
- The accumulated deficit exhibited a steady decrease in the negative value magnitude, improving from -114.06% after the earliest period to approximately -13.05% by late 2025. This trend suggests improving retained earnings or net income contributions over time.
- Additional paid-in capital remained elevated following initial large increases, stabilizing around 50% to 54%, reflecting consistent equity financing activity.
- Accumulated other comprehensive income/loss was minimal and relatively stable with occasional small fluctuations near zero, indicating limited impact from other comprehensive income.
- Non-controlling interest maintained a minor presence, generally under 0.6%, with a slight upward trend, implying modest third-party equity participation.
- Total Liabilities and Stockholders’ Equity
- This ratio remained constant at 100%, serving as the baseline for relative composition comparisons.
- Overall, the company’s financial structure reflects a strategic reduction in leverage through consistent long-term debt paydowns and a relative increase in equity, supported by growing stockholders’ equity and improving accumulated deficit figures. Current liabilities, dominated by deferred revenue, maintain a significant but manageable proportion, while noncurrent liabilities are trending downward, supporting a strengthening balance sheet position.