Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

CrowdStrike Holdings Inc., consolidated balance sheet: assets

US$ in thousands

	Jan 31, 2026	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash and cash equivalents	5,230,125)	4,323,295)	3,375,069)	2,455,369)	1,996,633)	1,918,608)
Short-term investments	—)	—)	99,591)	250,000)	—)	—)
Accounts receivable, net of allowance for credit losses	1,361,844)	1,128,564)	853,105)	626,181)	368,145)	239,199)
Deferred contract acquisition costs, current	447,455)	347,042)	246,370)	186,855)	126,822)	80,850)
Prepaid expenses and other current assets	379,695)	314,444)	183,172)	121,862)	79,352)	53,617)
Current assets	7,419,119)	6,113,345)	4,757,307)	3,640,267)	2,570,952)	2,292,274)
Strategic investments	76,832)	72,544)	56,244)	47,270)	23,632)	2,500)
Property and equipment, net	976,331)	788,640)	620,172)	492,335)	260,577)	167,014)
Operating lease right-of-use assets	69,860)	42,763)	48,211)	39,936)	31,735)	36,484)
Deferred contract acquisition costs, noncurrent	655,658)	500,908)	335,933)	260,233)	192,358)	117,906)
Goodwill	1,363,294)	912,805)	638,041)	430,645)	416,445)	83,566)
Intangible assets, net	136,702)	133,114)	114,518)	86,889)	97,336)	15,677)
Other long-term assets	388,888)	137,459)	76,094)	28,965)	25,346)	17,112)
Long-term assets	3,667,565)	2,588,233)	1,889,213)	1,386,273)	1,047,429)	440,259)
Total assets	11,086,684)	8,701,578)	6,646,520)	5,026,540)	3,618,381)	2,732,533)

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).

Total assets demonstrate a consistent and significant upward trend over the observed period, increasing from US$2,732,533 thousand in January 2021 to US$11,086,684 thousand in January 2026. This growth is primarily driven by increases in both current and long-term assets.

Cash and Cash Equivalents: Cash and cash equivalents exhibit a strong and continuous increase throughout the period, rising from US$1,918,608 thousand in January 2021 to US$5,230,125 thousand in January 2026. This suggests a robust liquidity position and potentially strong cash generation from operations.
Current Assets Composition: Current assets increased substantially from US$2,292,274 thousand to US$7,419,119 thousand. Within current assets, accounts receivable, deferred contract acquisition costs (current), and prepaid expenses all show consistent growth. Accounts receivable experienced the most significant percentage increase, growing from US$239,199 thousand to US$1,361,844 thousand, indicating increased sales and potentially evolving credit terms. Deferred contract acquisition costs (current) also increased significantly, suggesting growing investment in securing future revenue.
Long-Term Assets: Long-term assets increased from US$440,259 thousand in January 2021 to US$3,667,565 thousand in January 2026. The most substantial component of this growth is attributable to goodwill, which increased from US$83,566 thousand to US$1,363,294 thousand. This suggests significant acquisitions or increased valuation of existing assets. Property and equipment, net, also experienced considerable growth, rising from US$167,014 thousand to US$976,331 thousand, indicating investment in operational capacity. Other long-term assets also show a marked increase, particularly in the later years of the period.
Strategic Investments & Operating Leases: Strategic investments show a moderate, but consistent, increase over the period, from US$2,500 thousand to US$76,832 thousand. Operating lease right-of-use assets also increased, though at a slower pace, from US$36,484 thousand to US$69,860 thousand, indicating a growing reliance on leased assets.
Deferred Contract Acquisition Costs (Noncurrent): Noncurrent deferred contract acquisition costs increased from US$117,906 thousand to US$655,658 thousand, mirroring the trend in current deferred contract acquisition costs and reinforcing the observation of increased investment in future revenue streams.
Intangible Assets: Intangible assets, net, experienced fluctuations but generally increased from US$15,677 thousand to US$136,702 thousand, likely related to acquisitions and internal development efforts.

Overall, the asset base demonstrates strong growth, driven by both operational expansion (as evidenced by increases in receivables and property & equipment) and strategic investments (as indicated by the growth in goodwill and deferred contract acquisition costs). The substantial increase in cash and cash equivalents further strengthens the financial position.

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items