Stock Analysis on Net

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

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

Microsoft Excel
Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Accounts payable 1.32 1.30 0.19 1.50 1.02 0.29 0.31 0.42 0.98 0.67 0.33 0.90 2.00 1.30 0.29 1.32 0.22 0.63 0.12 0.44 0.43 0.63 0.43 0.10 0.42 0.10 2.17
Accrued expenses 1.91 2.27 1.91 2.20 2.27 1.41 1.49 1.89 2.50 2.22 1.78 2.74 1.99 2.44 2.48 2.30 2.33 2.24 1.72 1.87 2.28 1.19 1.74 2.16 2.35 2.78 6.82
Accrued payroll and benefits 3.59 3.22 3.29 3.67 4.17 2.85 3.17 3.53 2.91 2.51 2.94 3.36 2.74 2.47 3.03 2.89 2.87 3.04 2.75 2.63 3.23 2.23 2.47 2.62 2.94 1.71 2.77
Operating lease liabilities, current 0.16 0.14 0.14 0.16 0.20 0.24 0.23 0.21 0.25 0.29 0.32 0.26 0.23 0.25 0.26 0.27 0.29 0.30 0.32 0.33 0.49 0.53 0.44 0.00 0.00 0.00 0.00
Deferred revenue, current 28.61 29.94 31.50 31.41 30.36 32.61 33.75 34.16 33.32 34.31 34.81 34.37 33.19 32.82 32.57 31.41 29.54 28.16 27.31 25.69 33.13 31.86 30.64 29.40 26.73 23.90 53.41
Other current liabilities 0.53 0.55 0.62 0.84 0.52 0.49 0.27 0.36 0.35 0.39 0.31 0.33 0.51 0.43 0.41 0.69 2.38 1.89 1.89 0.64 0.56 0.87 0.86 0.83 0.65 0.69 1.02
Current liabilities 36.12% 37.42% 37.64% 39.77% 38.55% 37.88% 39.22% 40.58% 40.31% 40.39% 40.49% 41.96% 40.66% 39.70% 39.03% 38.88% 37.63% 36.25% 34.11% 31.60% 40.13% 37.31% 36.57% 35.10% 33.09% 29.17% 66.19%
Long-term debt 7.48 8.02 8.54 8.55 9.55 10.32 10.86 11.17 12.73 13.44 14.43 14.74 16.57 17.82 19.29 20.44 22.40 23.56 25.63 27.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred revenue, noncurrent 12.16 11.34 11.75 11.44 10.71 10.34 11.11 11.79 10.30 11.12 11.98 12.49 11.91 11.57 11.56 10.86 9.50 8.97 8.16 7.68 10.46 10.81 11.22 11.26 8.90 7.67 15.51
Operating lease liabilities, noncurrent 0.57 0.57 0.33 0.36 0.42 0.44 0.50 0.55 0.66 0.59 0.72 0.59 0.40 0.51 0.58 0.70 0.85 0.94 1.09 1.17 1.94 2.23 2.17 0.00 0.00 0.00 0.00
Other liabilities, noncurrent 2.94 1.80 1.71 1.73 0.99 0.89 0.77 0.75 0.67 0.59 0.58 0.63 0.53 0.47 0.42 0.45 0.54 1.22 1.39 0.63 0.90 0.66 0.48 0.78 0.92 1.02 2.40
Noncurrent liabilities 23.14% 21.73% 22.32% 22.08% 21.68% 21.99% 23.23% 24.26% 24.35% 25.74% 27.70% 28.45% 29.42% 30.37% 31.85% 32.44% 33.29% 34.69% 36.27% 36.49% 13.30% 13.71% 13.86% 12.04% 9.83% 8.68% 17.91%
Total liabilities 59.27% 59.15% 59.97% 61.86% 60.23% 59.87% 62.46% 64.84% 64.66% 66.12% 68.19% 70.41% 70.07% 70.07% 70.88% 71.32% 70.92% 70.94% 70.38% 68.09% 53.43% 51.02% 50.43% 47.14% 42.91% 37.85% 84.10%
Redeemable convertible preferred stock, $0.0005 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 121.99
Preferred stock, $0.0005 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.0005 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.00
Additional paid-in capital 53.33 54.01 53.13 50.19 51.98 53.11 51.98 50.62 53.96 53.92 53.58 51.98 54.24 54.80 54.83 55.05 56.68 56.60 57.69 58.49 87.10 91.30 92.78 98.12 105.58 111.14 8.02
Accumulated deficit -13.05 -13.63 -13.63 -12.39 -12.67 -13.45 -14.85 -15.93 -19.08 -20.64 -22.34 -22.84 -24.63 -25.17 -25.98 -26.67 -27.97 -27.82 -28.29 -26.72 -40.65 -42.46 -43.22 -45.38 -48.49 -48.96 -114.06
Accumulated other comprehensive income (loss) 0.02 0.06 0.07 -0.11 -0.03 -0.04 -0.07 -0.03 -0.09 0.02 0.00 -0.02 -0.21 -0.14 -0.11 -0.03 0.03 0.05 0.07 0.08 0.04 0.07 -0.07 0.07 -0.01 -0.05 -0.04
Total CrowdStrike Holdings, Inc. stockholders’ equity 40.30% 40.44% 39.57% 37.69% 39.29% 39.61% 37.06% 34.66% 34.80% 33.30% 31.24% 29.12% 29.41% 29.50% 28.74% 28.35% 28.74% 28.83% 29.48% 31.86% 46.50% 48.92% 49.50% 52.82% 57.09% 62.15% 15.90%
Non-controlling interest 0.43 0.41 0.46 0.45 0.48 0.52 0.49 0.50 0.55 0.58 0.57 0.47 0.52 0.43 0.38 0.33 0.35 0.23 0.14 0.05 0.07 0.06 0.07 0.04 0.00 0.00 0.00
Total stockholders’ equity 40.73% 40.85% 40.03% 38.14% 39.77% 40.13% 37.54% 35.16% 35.34% 33.88% 31.81% 29.59% 29.93% 29.93% 29.12% 28.68% 29.08% 29.06% 29.62% 31.91% 46.57% 48.98% 49.57% 52.86% 57.09% 62.15% 15.90%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

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.