CrowdStrike Holdings Inc. (NASDAQ:CRWD)

The financial data reveals several key trends in the profitability and efficiency metrics over the analyzed periods.

Gross Profit Margin (%)

The gross profit margin remained relatively stable throughout the periods, fluctuating slightly but generally maintaining a high level. Starting around 71.7%, it gradually improved to approximately 74% towards the latest periods. This indicates consistent cost management relative to revenue generation.

Operating Profit Margin (%)

The operating profit margin showed a clear improving trend initially, moving from a significant negative value near -25% to near breakeven and positive territory around early 2024. However, following this peak, it declined once again into negative territory, finishing close to -8.7%. This suggests that while the company improved operational efficiency significantly over time, challenges persisted towards the end of the period, affecting operational profitability.

Net Profit Margin (%)

The net profit margin mirrored the pattern observed in operating margins but with slightly less volatility. Initially highly negative at around -24%, the margin improved steadily, turning positive around early 2024 with a peak near 4.8%. Thereafter, it declined back into negative figures by the last periods, indicating fluctuating net profitability influenced by operational and potentially other non-operating factors.

Return on Equity (ROE) (%)

The ROE showed a trend consistent with net profits, starting deeply negative at about -18%, deteriorating further to nearly -23% mid-term, then improving significantly to a peak just under 6% around early 2024. Post-peak, it regressed towards negative values again in the most recent periods. This pattern implies variable effectiveness in generating returns for shareholders.

Return on Assets (ROA) (%)

Return on assets followed a similar trajectory as ROE but on a smaller scale, starting from about -9% and improving to a positive peak slightly above 2% around early 2024, before declining back to around -3.2% in the final period. This highlights fluctuations in overall asset utilization efficiency during the analyzed timeframe.

In summary, the company demonstrated notable improvements in profitability and efficiency from initial negative margins and returns to achieving positive results around early 2024. However, the subsequent reversal into negative territory suggests emerging or persistent challenges that impacted financial performance in the latest periods. The consistently strong gross profit margin points to stable core revenue and cost structures despite the variability in operating and net profitability. These trends underscore the importance of further investigation into operational cost management, market conditions, or external impacts influencing recent financial declines.

Revenue Trend

The revenue has exhibited a consistent and robust upward trajectory over the examined periods. Starting from approximately 178 million US dollars in April 2020, it steadily increased each quarter, reaching nearly 1.17 billion US dollars by April 2025. This growth reflects a sustained positive momentum in the company's top-line performance.

Gross Profit Development

Gross profit has shown a similarly strong positive trend in alignment with revenue growth. Beginning at around 131 million US dollars in April 2020, it experienced continuous quarterly increases, culminating at approximately 859 million US dollars by April 2025. This observation indicates effective management of cost of goods sold relative to revenue generation.

Gross Profit Margin Analysis

The gross profit margin percentage has remained relatively stable with a mild upward tendency throughout the periods. Initially recorded at about 71.7% in April 2020, the margin gradually improved to a peak of approximately 75.4% during the early 2024 quarters, before marginally moderating to near 74% by April 2025. This stability suggests consistent operational efficiency and cost control despite growing revenue volumes.

Overall Insights

The financial data reveals a pattern of strong growth in both revenue and gross profit, accompanied by maintained or slightly improved profitability at the gross margin level. The data implies the company has effectively scaled its operations while preserving cost efficiency, which is indicative of favorable underlying business dynamics and potential competitive advantages in its market sector.

Revenue Trend

Revenue demonstrated a consistent upward trajectory throughout the periods analyzed. Starting from approximately 178 million US dollars, it steadily increased each quarter, reaching close to 1.17 billion US dollars by the last reported period. This reflects a strong growth momentum and expanding market presence over the timeline.

Income (Loss) From Operations Trend

Income from operations showed significant volatility with a general pattern of operating losses across most quarters. Initially, the loss widened from about 22.6 million US dollars to a peak loss exceeding 61.5 million US dollars in early 2023. Subsequently, a notable shift occurred starting in the first quarter of 2024, where the income from operations moved into positive territory briefly, reaching over 29.6 million US dollars. However, this positive phase was short-lived, as losses re-emerged and intensified, culminating in substantial losses of approximately 125 million US dollars towards the end of the period.

Operating Profit Margin

The operating profit margin, expressed as a percentage of revenue, generally improved from deeply negative levels near -25% early in the timeline to marginally positive percentages around 1.5% in early 2024. This suggests improved operational efficiency and cost control. Despite this improvement, margin stability was not sustained. Margins subsequently declined back into negative territory, eventually descending to approximately -8.7%, indicating renewed pressure on operational profitability.

Summary Insights

The data indicates a strong and consistent revenue growth trend, reflecting successful market expansion or sales performance. However, this revenue growth has not translated into stable operating profitability, as income from operations remained negative for most periods with occasional brief improvements. The operating profit margin improved for a short time but could not be maintained, reverting to negative margins thereafter. Overall, the company’s increasing revenues are offset by operational challenges resulting in persistent operating losses, highlighting the need for further focus on cost management and operational efficiency to achieve sustainable profitability.

The financial data indicates several notable trends over the examined quarters. Revenue demonstrates a consistent upward trajectory from April 2020 through July 2025. Starting at approximately 178 million USD in April 2020, revenue steadily rises each quarter, reaching over 1.16 billion USD by July 2025. This sustained growth reflects robust sales performance and expanding business operations over time.

Net income attributable to the company exhibits a more volatile pattern. Initially, the company reports substantial net losses, with the largest losses occurring around April 2021 (approximately -85 million USD). Although net losses generally decline in magnitude after this peak, the company does not consistently attain profitability until the early quarters of 2023. Specifically, from April 2023 to January 2024, net income becomes positive, peaking at nearly 54 million USD in January 2024. However, following this period of profitability, the company experiences renewed losses, with negative net income returning in April 2025 and Persists through July 2025 at significant levels.

Examining the net profit margin in connection to these results reveals a similar trend. The margin starts strongly negative in 2020 and early 2021, with values around -24% to approximately -16%. Improvements occur gradually, with margins lessening the negative values throughout 2022. By early 2023, the margin turns positive, peaking at about 4.8% in October 2023, reflecting periods of actual profitability. Nevertheless, by mid-2024 and beyond, the margin declines again, dipping below zero and reaching near -6.8% by July 2025. This shift signals the return of net losses relative to revenue despite growing top-line figures.

Revenue Trends

Consistent quarter-over-quarter growth throughout the period, surpassing 1 billion USD by 2024 and continuing upward.

Net Income Trends

High initial losses with a peak loss in early 2021, followed by gradual improvement leading to brief profitability in 2023, then a reversion to losses in 2024-2025.

Net Profit Margin

Negative margins in 2020-2022 reflecting losses, followed by positive margins in 2023 signaling profitability, and a subsequent decline into negative territory by mid-2024.

Overall, the company demonstrates strong revenue growth capability but struggles to maintain sustainable profitability. The oscillation between positive and negative net income suggests challenges in controlling costs or managing other operational factors despite increasing sales. The recent return to negative profit margins warns of potential pressures on future earnings performance that require attention.

The analysis of the quarterly financial data reveals the following key trends related to net income (loss), stockholders’ equity, and return on equity (ROE) over the periods observed.

Net Income (Loss) Attributable to CrowdStrike (US$ in thousands)

The net income figures exhibit significant volatility throughout the period. Initially, the company reported consistent net losses, with values reaching as low as approximately -85 million and -57 million in the 2021 quarters. Beginning from early 2023, there is an observable shift into positive territory, peaking near 53.7 million and maintaining positive results across several quarters. However, this positive trend reverses sharply toward the end of the data series, with losses deepening to almost -110 million and -78 million. This pattern suggests periods of financial instability and recovery, followed by renewed challenges.

Total Stockholders’ Equity (US$ in thousands)

Stockholders’ equity shows a steady and uninterrupted upward trajectory over the entire period. Starting from around 752 million, it grows consistently each quarter, reaching approximately 3.76 billion by the latest quarter. This indicates sustained investment and capital accumulation within the company, providing a robust equity base despite fluctuations in profitability.

Return on Equity (ROE, %)

The ROE trend mirrors the volatility seen in net income but on a percentage basis. Early periods record negative returns, with the worst figures around -22.9%. Over time, the negative ROE becomes less severe, transitioning to positive figures starting early 2024, peaking close to 6%. However, by the end of the analyzed timeline, ROE declines again to negative values near -8%. This reflects the company's challenges in consistently generating proportional returns on equity amidst fluctuating net income performance.

In summary, while total stockholders’ equity demonstrates a solid and progressive growth pattern, net income and ROE reveal cyclical variations with periods of losses and profits, highlighting ongoing profitability challenges. The recent return to negative net income and ROE towards the final quarters indicates potential financial pressures that may require further strategic focus.

The financial data reveals notable fluctuations and trends over the observed periods across key metrics including net income attributable to the company, total assets, and return on assets (ROA).

Net Income (Loss) Attributable to CrowdStrike (US$ in thousands)

There is a clear pattern of volatility in net income, with the company experiencing consistent net losses in the earlier periods followed by a turning point around early 2023. Losses reached their peak negative values around April 2021, with a gradual improvement noted thereafter. By April 2023, the company achieved positive net income figures, continuing on an upward trajectory through January 2024. However, the net income returned to negative territory again toward the end of the data series in 2024 and 2025, showing increased losses. This suggests fluctuating profitability, with intermittent recovery phases that were not sustained consistently.

Total Assets (US$ in thousands)

Total assets display a steady and substantial growth trend throughout the entire period. Starting from approximately 1.5 billion USD, the asset base increases consistently to surpass 9 billion USD by mid-2025. This growth indicates expansion, increasing investment, or acquisition of resources, reflecting an overall increase in the company's scale and capacity.

Return on Assets (ROA, %)

The ROA metric initially indicates negative returns, starting at approximately -8.89% in early 2020, reflecting net losses relative to asset size. Throughout 2020 and 2021, ROA remains negative, though the magnitude of loss gradually decreases, indicating improving but still unprofitable asset utilization. From early 2023, ROA shifts into positive territory briefly, peaking around mid-2024 with figures exceeding 2%. However, the return declines again toward the end of the timeline, reverting into negative percentages by 2025. This oscillation signifies challenges in consistently generating returns on the assets held, mirroring the fluctuations observed in net income.

In summary, the data reflects a growing asset base alongside inconsistent profitability. While intermittent improvements in net income and ROA suggest periods of operational progress, these gains were not sustained, as evidenced by subsequent reversals into loss and negative returns. This pattern highlights variability in efficiency and profitability despite the company’s ongoing expansion in asset size.