Stock Analysis on Net
Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area

Try for free

CrowdStrike Holdings Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

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

US$ in thousands

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Accounts payable
Accrued expenses
Accrued commissions
Accrued payroll and related expenses
Accrued bonuses
Employee Stock Purchase Plan
Accrued payroll and benefits
Operating lease liabilities, current
Deferred revenue, current
Other current liabilities
Current liabilities
Long-term debt
Deferred revenue, noncurrent
Operating lease liabilities, noncurrent
Other liabilities, noncurrent
Noncurrent liabilities
Total liabilities
Preferred stock, $0.0005 par value; no shares issued and outstanding
Class A common stock, $0.0005 par value; Class B common stock, $0.0005 par value
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income (loss)
Total CrowdStrike Holdings, Inc. stockholders’ equity
Non-controlling interest
Total stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 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), 10-K (reporting date: 2020-01-31).

Liabilities Trends
The total liabilities have shown a consistent increasing trend from US$662,299 thousand in January 2020 to US$5,382,661 thousand in January 2025. Current liabilities grew significantly from approximately US$493,096 thousand in 2020 to US$3,461,050 thousand in 2025, driven primarily by increases in deferred revenue (both current and noncurrent) and accrued expenses. Accounts payable fluctuated, rising sharply until 2022, slightly declining in 2023 and 2024, before surging again in 2025. Accrued expenses nearly sextupled over the period, reflecting heightened operational or financial obligations. Long-term debt remained relatively stable around US$740,000 thousand after appearing in 2021. Other noncurrent liabilities also increased markedly, especially from 2023 onward.
Revenue and Related Deferred Items
Deferred revenue, a key liability for the company, exhibited strong growth from US$412,985 thousand in early 2020 to US$2,733,005 thousand by 2025 (current portion), and noncurrent deferred revenue grew from US$158,183 thousand to nearly US$995,672 thousand in the same timeframe. This indicates a significant expansion in unearned revenue, likely tied to subscription or service contracts prepaid by customers, underscoring a growing customer base or increased contract volumes.
Accrued Expenses and Payroll
Accrued commissions, payroll-related expenses, and bonuses all showed robust increases. Accrued commissions increased more than tenfold from US$15,399 thousand in 2020 to US$174,322 thousand in 2025, reflecting higher sales activity or commission rates. Similarly, accrued payroll and related benefits grew nearly ninefold, suggesting a rise in workforce size or compensation levels. Bonuses also increased steadily, indicating perhaps improved company performance incentives or organizational expansion.
Equity and Capital Structure
Total stockholders’ equity increased substantially from US$742,607 thousand in 2020 to US$3,318,917 thousand in 2025. This growth was supported mainly by additional paid-in capital, which more than tripled to US$4,367,070 thousand, reflecting significant capital raises or equity issuances. Despite this, the accumulated deficit remained negative throughout the period, though it showed some reduction in magnitude between 2023 and 2024 before slightly increasing in 2025. The presence of a growing accumulated deficit suggests ongoing net losses or prior periods of unprofitable operations offset by equity financing.
Comprehensive Income and Non-controlling Interests
Accumulated other comprehensive income (loss) was positive initially but transitioned into a negative balance from 2022 onward, worsening to a loss of US$9,593 thousand by 2025, which may reflect unfavorable changes in foreign currency translation, hedges, or other comprehensive income components. Non-controlling interest surged notably, from just US$500 thousand in 2020 to US$39,423 thousand in 2025, indicating increased minority ownership stakes in certain subsidiaries or joint ventures.
Overall Financial Position
Total liabilities and stockholders’ equity grew from about US$1.4 billion in 2020 to US$8.7 billion in 2025. This growth highlights a rapidly expanding balance sheet, largely financed by both increased liabilities, particularly deferred revenue and accrued expenses, and substantial equity injections. The data suggests ongoing investment and growth activity, possibly involving scaling operations, expanding the customer base, and raising capital to support the business’s expansion strategy.