Stock Analysis on Net
Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Balance Sheet: Assets 
Quarterly Data

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 (quarterly data)

US$ in thousands

Microsoft Excel
Apr 30, 2026 Jan 31, 2026 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
Cash and cash equivalents 4,552,801 5,230,125 4,801,083 4,972,436 4,614,153 4,323,295 4,260,324 4,038,536 3,702,437 3,375,069 2,968,872 3,167,215 2,829,677 2,455,369 2,466,551 2,318,858 2,152,736 1,996,633 1,907,508 1,787,051 1,684,997 1,918,608 1,059,926 1,064,734 1,004,991
Short-term investments 99,591 197,522 100,000 250,000
Accounts receivable, net of allowance for credit losses 933,887 1,361,844 1,013,116 886,557 808,694 1,128,564 813,922 661,045 702,856 853,105 561,872 539,463 461,092 626,181 485,313 418,799 369,130 368,145 283,272 266,540 211,233 239,199 172,775 149,236 144,187
Deferred contract acquisition costs, current 353,869 447,455 398,708 372,543 351,805 347,042 294,229 251,246 244,651 246,370 209,216 197,111 186,901 186,855 162,260 148,125 135,681 126,822 108,636 95,470 85,388 80,850 62,422 53,837 53,410
Prepaid expenses and other current assets 461,063 379,695 306,375 302,818 296,146 314,444 203,852 230,821 191,678 183,172 141,651 146,597 131,100 121,862 89,489 90,198 75,511 79,352 60,670 102,964 56,385 53,617 45,673 48,174 45,874
Current assets 6,301,620 7,419,119 6,519,282 6,534,354 6,070,798 6,113,345 5,572,327 5,181,648 4,841,622 4,757,307 4,079,133 4,050,386 3,708,770 3,640,267 3,203,613 2,975,980 2,733,058 2,570,952 2,360,086 2,252,025 2,038,003 2,292,274 1,340,796 1,315,981 1,248,462
Strategic investments 66,263 76,832 81,332 72,482 71,339 72,544 68,246 58,246 58,419 56,244 59,541 59,541 57,877 47,270 46,395 35,585 28,665 23,632 22,665 14,165 8,165 2,500 2,500 2,000 1,000
Property and equipment, net 1,066,204 976,331 926,963 869,240 826,069 788,640 746,567 648,474 627,381 620,172 581,037 561,587 523,721 492,335 430,030 383,012 316,309 260,577 242,224 215,832 191,310 167,014 162,371 153,303 139,096
Operating lease right-of-use assets 70,093 69,860 67,359 63,399 39,190 42,763 46,289 45,897 48,598 48,211 50,941 46,179 50,459 39,936 25,621 28,463 28,701 31,735 33,893 34,854 36,683 36,484 38,376 40,454 35,738
Deferred contract acquisition costs, noncurrent 743,200 655,658 556,221 517,088 496,045 500,908 421,773 341,539 330,004 335,933 273,859 261,574 254,397 260,233 218,635 202,441 197,261 192,358 162,309 140,443 125,392 117,906 91,585 81,186 69,908
Goodwill 2,267,493 1,363,294 1,352,927 913,325 913,285 912,805 722,016 721,996 721,973 638,041 637,678 430,697 430,755 430,645 430,285 416,066 416,228 416,445 373,889 374,310 374,581 83,566 83,132 8,131 7,652
Intangible assets, net 285,739 136,702 144,405 117,858 125,486 133,114 109,354 115,686 122,024 114,518 109,423 79,139 83,215 86,889 89,500 89,840 93,945 97,336 82,870 85,580 88,851 15,677 16,356 347 419
Other long-term assets 469,488 388,888 316,858 201,113 178,150 137,459 96,386 88,988 91,964 76,094 39,444 31,355 28,664 28,965 25,364 22,849 21,668 25,346 21,681 18,836 18,186 17,112 14,393 15,550 17,121
Long-term assets 4,968,480 3,667,565 3,446,065 2,754,505 2,649,564 2,588,233 2,210,631 2,020,826 2,000,363 1,889,213 1,751,923 1,470,072 1,429,088 1,386,273 1,265,830 1,178,256 1,102,777 1,047,429 939,531 884,020 843,168 440,259 408,713 300,971 270,934
Total assets 11,270,100 11,086,684 9,965,347 9,288,859 8,720,362 8,701,578 7,782,958 7,202,474 6,841,985 6,646,520 5,831,056 5,520,458 5,137,858 5,026,540 4,469,443 4,154,236 3,835,835 3,618,381 3,299,617 3,136,045 2,881,171 2,732,533 1,749,509 1,616,952 1,519,396

Based on: 10-Q (reporting date: 2026-04-30), 10-K (reporting date: 2026-01-31), 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).


Total assets exhibit a trajectory of substantial and consistent growth, expanding from approximately 1.52 billion USD in April 2020 to 11.27 billion USD by April 2026. This expansion is characterized by a simultaneous increase in both high-liquidity current assets and long-term strategic assets, indicating a scaling of operations and a shift in the company's asset composition over the analyzed period.

Liquidity and Cash Management
Cash and cash equivalents represent the primary component of the asset base, growing from 1.00 billion USD in April 2020 to a peak of 5.23 billion USD in January 2026, before moderating to 4.55 billion USD in April 2026. Short-term investments remained negligible or absent for most of the period, with sporadic entries between January 2023 and January 2024, suggesting a preference for maintaining immediate liquidity over short-term yield instruments.
Operational Asset Scaling
Accounts receivable, net, demonstrate a strong upward trend, rising from 144.2 million USD in April 2020 to 933.9 million USD in April 2026. This growth suggests a corresponding increase in sales volume and customer acquisition. Similarly, deferred contract acquisition costs, both current and noncurrent, have increased steadily. Noncurrent deferred costs rose from 69.9 million USD to 743.2 million USD, reflecting the capitalization of costs associated with long-term customer contracts.
Strategic Investments and Infrastructure
Property and equipment, net, grew from 139.1 million USD to 1.07 billion USD, indicating sustained investment in physical infrastructure and hardware to support operational growth. Strategic investments showed a gradual increase from 1 million USD to a peak of 81.3 million USD in October 2025, though they represent a small fraction of the total asset base.
Inorganic Growth and Intangibles
A significant shift in asset composition is observed in the latter half of the period, particularly regarding goodwill and intangible assets. Goodwill expanded from 7.7 million USD in April 2020 to 2.27 billion USD in April 2026, with a sharp acceleration occurring after October 2023. This pattern, coupled with the increase in net intangible assets from 419 thousand USD to 285.7 million USD, indicates an aggressive transition toward inorganic growth through acquisitions.

The transition from a balance sheet dominated almost entirely by cash and operational receivables to one with significant goodwill and long-term infrastructure suggests a maturation of the business model. The company has evolved from a lean, high-growth entity into a larger organization leveraging both internal scaling and external acquisitions to expand its market presence.

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