CrowdStrike (CRWD) 10-Q4 Jun 242025 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Apr. 30, 2024	May 30, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2024
Document Transition Report	false
Entity File Number	001-38933
Entity Registrant Name	CROWDSTRIKE HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-3788918
Entity Address, Address Line One	206 E. 9th Street
Entity Address, Address Line Two	Suite 1400
Entity Address, City or Town	Austin
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78701
City Area Code	888
Local Phone Number	512-8906
Title of 12(b) Security	Class A common stock, par value $0.0005 per share
Trading Symbol	CRWD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001535527
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		230,883,142
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		12,477,497

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Current assets:
Cash and cash equivalents	$ 3,702,437	$ 3,375,069
Short-term investments	0	99,591
Accounts receivable, net of allowance for credit losses of $2.1 million and $2.2 million as of April 30, 2024 and January 31, 2024, respectively	702,856	853,105
Deferred contract acquisition costs, current	244,651	246,370
Prepaid expenses and other current assets	191,678	183,172
Total current assets	4,841,622	4,757,307
Strategic investments	58,419	56,244
Property and equipment, net	627,381	620,172
Operating lease right-of-use assets	48,598	48,211
Deferred contract acquisition costs, noncurrent	330,004	335,933
Goodwill	721,973	638,041
Intangible assets, net	122,024	114,518
Other long-term assets	91,964	76,094
Total assets	6,841,985	6,646,520
Current liabilities:
Accounts payable	21,299	28,180
Accrued expenses	102,116	125,896
Accrued payroll and benefits	216,695	234,624
Operating lease liabilities, current	16,020	14,150
Deferred revenue	2,309,329	2,270,757
Other current liabilities	18,227	23,672
Total current liabilities	2,683,686	2,697,279
Long-term debt	742,866	742,494
Deferred revenue, noncurrent	760,050	783,342
Operating lease liabilities, noncurrent	34,090	36,230
Other liabilities, noncurrent	52,511	50,086
Total liabilities	4,273,203	4,309,431
Commitments and contingencies (Note 8)
Stockholders’ Equity
Preferred stock, $0.0005 par value; 100,000 shares authorized as of April 30, 2024 and January 31, 2024; no shares issued and outstanding as of April 30, 2024 and January 31, 2024.	0	0
Class A common stock, $0.0005 par value; 2,000,000 shares authorized as of April 30, 2024 and January 31, 2024; 230,676 shares and 229,380 shares issued and outstanding as of April 30, 2024 and January 31, 2024, respectively; Class B common stock, $0.0005 par value; 300,000 shares authorized as of April 30, 2024 and January 31, 2024; 12,508 shares and 12,485 shares issued and outstanding as of April 30, 2024 and January 31, 2024, respectively.	122	121
Additional paid-in capital	3,556,194	3,364,328
Accumulated deficit	(1,016,016)	(1,058,836)
Accumulated other comprehensive loss	(4,760)	(1,663)
Total CrowdStrike Holdings, Inc. stockholders’ equity	2,535,540	2,303,950
Non-controlling interest	33,242	33,139
Total stockholders’ equity	2,568,782	2,337,089
Total liabilities and stockholders’ equity	$ 6,841,985	$ 6,646,520

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Apr. 30, 2024	Jan. 31, 2024
Accounts receivable, allowance for credit losses	$ 2.1	$ 2.2
Preferred stock, par value (in usd per share)	$ 0.0005	$ 0.0005
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A common stock
Common stock, par value (in usd per share)	$ 0.0005	$ 0.0005
Common stock, shares authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, shares issued (in shares)	230,676,000	229,380,000
Common stock, shares outstanding (in shares)	230,676,000	229,380,000
Class B common stock
Common stock, par value (in usd per share)	$ 0.0005	$ 0.0005
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	12,508,000	12,485,000
Common stock, shares outstanding (in shares)	12,508,000	12,485,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Revenue
Total revenue	$ 921,036	$ 692,580
Cost of revenue
Total cost of revenue	225,003	169,230
Gross profit	696,033	523,350
Operating expenses
Sales and marketing	350,114	281,107
Research and development	235,249	179,065
General and administrative	103,734	82,634
Total operating expenses	689,097	542,806
Income (loss) from operations	6,936	(19,456)
Interest expense	(6,511)	(6,387)
Interest income	45,850	30,521
Other income, net	7,656	230
Income before provision for income taxes	53,931	4,908
Provision for income taxes	7,667	4,409
Net income	46,264	499
Net income attributable to non-controlling interest	3,444	8
Net income attributable to CrowdStrike	$ 42,820	$ 491
Net income per share attributable to CrowdStrike common stockholders, basic (in usd per share)	$ 0.18	$ 0
Net income per share attributable to CrowdStrike common stockholders, diluted (in usd per share)	$ 0.17	$ 0
Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, basic (in shares)	242,389	236,414
Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, dilutive (in shares)	250,164	240,598
Subscription
Revenue
Total revenue	$ 872,172	$ 651,175
Cost of revenue
Total cost of revenue	189,657	142,100
Professional services
Revenue
Total revenue	48,864	41,405
Cost of revenue
Total cost of revenue	$ 35,346	$ 27,130

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 46,264	$ 499
Other comprehensive income (loss):
Foreign currency translation adjustments	(3,089)	1,158
Unrealized loss on short-term investments, net of tax	(8)	0
Other comprehensive income (loss)	(3,097)	1,158
Less: Comprehensive income attributable to non-controlling interest	3,444	8
Total comprehensive income attributable to CrowdStrike	$ 39,723	$ 1,649

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Non-controlling Interest
Beginning balance (in shares) at Jan. 31, 2023		235,777
Beginning balance at Jan. 31, 2023	$ 1,487,434	$ 118	$ 2,612,705	$ (1,148,163)	$ (1,019)	$ 23,793
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)		375
Issuance of common stock upon exercise of options	2,651		2,651
Issuance of common stock under RSU and PSU release (in shares)		933
Issuance of common stock for founders holdbacks related to acquisitions (in shares)		13
Issuance of common stock for founders holdbacks related to acquisitions	1,649		1,649
Issuance of common stock for payment of board of director fees (in shares)		1
Issuance of common stock for payment of board of director fees	79		79
Stock-based compensation expense, net of founder revest	129,130		129,130
Capitalized stock-based compensation	6,502		6,502
Net income	499			491		8
Non-controlling interest	5,257					5,257
Other comprehensive income (loss)	1,158				1,158
Ending balance (in shares) at Apr. 30, 2023		237,099
Ending balance at Apr. 30, 2023	1,634,359	$ 118	2,752,716	(1,147,672)	139	29,058
Beginning balance (in shares) at Jan. 31, 2024		241,865
Beginning balance at Jan. 31, 2024	$ 2,337,089	$ 121	3,364,328	(1,058,836)	(1,663)	33,139
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of options (in shares)	92	92
Issuance of common stock upon exercise of options	$ 823		823
Issuance of common stock under RSU and PSU release (in shares)		1,224
Issuance of common stock under RSU and PSU release	0	$ 1	(1)
Issuance of common stock for founders holdbacks related to acquisitions (in shares)		3
Issuance of common stock for founders holdbacks related to acquisitions	889		889
Issuance of common stock for payment of board of director fees	88		88
Stock-based compensation expense, net of founder revest	181,633		181,633
Capitalized stock-based compensation	7,966		7,966
Fair value of replacement equity awards attributable to pre-acquisition service	468		468
Net income	46,264			42,820		3,444
Non-controlling interest	(3,341)					(3,341)
Other comprehensive income (loss)	(3,097)				(3,097)
Ending balance (in shares) at Apr. 30, 2024		243,184
Ending balance at Apr. 30, 2024	$ 2,568,782	$ 122	$ 3,556,194	$ (1,016,016)	$ (4,760)	$ 33,242

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Operating activities
Net income	$ 46,264	$ 499
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	42,689	26,409
Amortization of intangible assets	5,995	4,174
Amortization of deferred contract acquisition costs	74,128	55,322
Non-cash operating lease cost	3,372	3,092
Stock-based compensation expense	183,125	130,856
Deferred income taxes	(255)	(255)
Realized gains on strategic investments	(6,881)	0
Non-cash interest expense	874	754
Accretion of short-term investments purchased at a discount	2,285	0
Changes in operating assets and liabilities, net of impact of acquisitions
Accounts receivable, net	150,249	165,089
Deferred contract acquisition costs	(66,480)	(49,532)
Prepaid expenses and other assets	(28,602)	(8,542)
Accounts payable	276	(18,596)
Accrued expenses and other liabilities	(16,629)	(36,576)
Accrued payroll and benefits	(17,692)	(17,281)
Operating lease liabilities	(4,531)	(3,199)
Deferred revenue	15,041	48,678
Net cash provided by operating activities	383,228	300,892
Investing activities
Purchases of property and equipment	(49,683)	(62,264)
Capitalized internal-use software and website development costs	(10,479)	(10,902)
Purchases of strategic investments	(1,658)	(10,513)
Proceeds from sales of strategic investments	10,407	0
Business acquisitions, net of cash acquired	(96,376)	0
Proceeds from maturities and sales of short-term investments	97,300	150,000
Purchases of deferred compensation investments	(609)	(290)
Net cash (used in) provided by investing activities	(51,098)	66,031
Financing activities
Proceeds from the issuance of common stock upon exercise stock options	823	2,651
Distributions to non-controlling interest holders	(3,841)	0
Capital contributions from non-controlling interest holders	500	5,257
Net cash (used in) provided by financing activities	(2,518)	7,908
Effect of foreign exchange rates on cash, cash equivalents and restricted cash	(1,917)	(190)
Net increase in cash, cash equivalents and restricted cash	327,695	374,641
Cash, cash equivalents and restricted cash at beginning of period	3,377,597	2,456,924
Cash, cash equivalents and restricted cash at end of period	3,705,292	2,831,565
Cash and cash equivalents	3,702,437	2,829,677
Restricted cash included in prepaid expenses and other assets	2,855	1,888
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	3,705,292	2,831,565
Supplemental disclosure of cash flow information:
Interest paid	11,250	11,250
Income taxes paid, net of refunds received	7,594	3,377
Supplemental disclosure of non-cash investing and financing activities:
Net decrease in property and equipment included in accounts payable and accrued expenses	(17,655)	(22,479)
Equity consideration for acquisitions	468	0
Operating lease liabilities arising from obtaining operating right-of-use assets	1,759	13,847
Purchases of intangible assets included in accrued expenses and other liabilities	0	500
Proceeds from sales of strategic investments not yet received	4,734	0
Stock-based compensation included in capitalized software development costs and fixed assets	7,966	6,502
Noncash consideration for the purchase of strategic investments	3,319	0
Noncash consideration received from sales of strategic investments	$ 3,319	$ 0

Description of Business and Sig

Description of Business and Significant Accounting Policies	3 Months Ended
Description of Business and Significant Accounting Policies	Apr. 30, 2024
Accounting Policies [Abstract]
Description of Business and Significant Accounting Policies	Description of Business and Significant Accounting Policies Business CrowdStrike Holdings, Inc. (the “Company”) was formed on November 7, 2011. The Company is a global cybersecurity leader that delivers cybersecurity’s AI-native platform for the XDR era, purpose-built to stop breaches. The Company’s unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity, and data via a software as a service (“SaaS”) subscription-based model that spans multiple large security markets, including corporate endpoint security, security and IT operations, managed security services, next-gen SIEM, cloud security, identity protection, threat intelligence, data protection, exposure management and cybersecurity generative AI. The Company conducts its business in the United States, as well as locations internationally, including in Australia, Germany, India, Israel, Japan, Romania, and the United Kingdom. Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by U.S. GAAP have been condensed or omitted, and accordingly the balance sheet as of January 31, 2024, and related disclosures, have been derived from the audited consolidated financial statements at that date but do not include all of the information required by U.S. GAAP for complete consolidated financial statements. These unaudited condensed consolidated financial statements have been prepared on the same basis as the Company’s annual consolidated financial statements and, in the opinion of management, reflect all normal recurring adjustments that are necessary for the fair statement of the Company’s condensed consolidated financial information. The results of operations for the three months ended April 30, 2024 are not necessarily indicative of the results to be expected for the year ending January 31, 2025 or for any other interim period or for any other future year. The accompanying interim unaudited condensed consolidated financial statements and related financial information should be read in conjunction with Item 8, “Financial Statements and Supplementary Data” included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2024, filed with the SEC on March 6, 2024. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the Company’s condensed consolidated financial statements and accompanying notes. These estimates are based on information available as of the date of the condensed consolidated financial statements. On a regular basis, management evaluates these estimates and assumptions. Actual results may differ from these estimates and such differences could be material to the Company’s condensed consolidated financial statements. Estimates and assumptions used by management include, but are not limited to, revenue recognition, the allowance for credit losses, the useful lives of long-lived assets, the fair values of strategic investments, the period of benefit for deferred contract acquisition costs, the discount rate used for operating leases, the recognition and disclosure of contingent liabilities, income taxes, stock-based compensation, and the fair value of assets acquired and liabilities assumed in business combinations. Concentration of Credit Risk and Geographic Information The Company generates revenue from the sale of subscriptions to access its cloud platform and professional services. The Company’s sales team, along with its channel partner network of system integrators and value-added resellers (collectively, “channel partners”), sells the Company’s services worldwide to organizations of all sizes. Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash, cash equivalents, short-term investments, accounts receivable, and strategic investments. The Company’s cash is placed with high-credit-quality financial institutions and issuers, and at times exceeds federally insured limits. The Company has not experienced any credit loss relating to its cash, cash equivalents, short-term investments, or strategic investments. The Company performs periodic credit evaluations of its customers and generally does not require collateral. There were no channel partners or direct customers who represented 10% or more of the Company’s accounts receivable as of April 30, 2024 or January 31, 2024. There were no channel partners or direct customers who represented 10% or more of the Company’s total revenue for the three months ended April 30, 2024 or 2023. Significant Accounting Policies The Company’s significant accounting policies are described in the Company’s Annual Report on Form 10-K for the year ended January 31, 2024. There have been no significant changes to these policies that have had a material impact on the Company’s condensed consolidated financial statements and related notes for the three months ended April 30, 2024. Recently Issued Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures, a final standard on improvements to income tax disclosures. The standard requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income taxes paid. The standard is intended to benefit investors by providing more detailed income tax disclosures that would be useful in making capital allocation decisions and applies to all entities subject to income taxes. The new standard is effective for annual periods beginning after December 15, 2024. The Company does not expect the adoption of this new guidance to have a material impact on its disclosures within the consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The standard requires disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”) and included within each reported measure of segment profit or loss, an amount for other segment items required to reconcile the difference between segment revenue and segment expenses to segment profit or loss along with a description of their composition, and the title and position of the entity's CODM. The update also expands interim segment disclosure requirements. The new standard is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted, and will be applied retrospectively to all prior periods presented in the condensed consolidated financial statements. The Company is currently evaluating the impact of this new guidance on its disclosures within the consolidated financial statements.

Investments and Fair Value Meas

Investments and Fair Value Measurements	3 Months Ended
Investments and Fair Value Measurements	Apr. 30, 2024
Fair Value Disclosures [Abstract]
Investments and Fair Value Measurements	Investments and Fair Value Measurements The Company follows ASC 820 , Fair Value Measurements , with respect to cash equivalents , short-term investments and deferred compensation investments that are measured at fair value on a recurring basis. Under the standard, fair value is defined as the exit price, or the amount that would be received to sell an asset or a liability in an orderly transaction between market participants as of the measurement date. The standard also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors market participants would use in valuing the asset or liability based upon the best information available in the circumstances. The hierarchy is broken down into three levels as follows: Level 1 Assets and liabilities whose values are based on unadjusted quoted market prices for identical assets and liabilities in active markets Level 2 Assets and liabilities whose values are based on quoted prices in markets that are not active or inputs that are observable for substantially the full term of the asset or liability Level 3 Assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in thousands): April 30, 2024 January 31, 2024 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Cash equivalents Money market funds $ 1,940,184 $ — $ — $ 1,940,184 $ 2,360,173 $ — $ — $ 2,360,173 U.S. Treasury securities — 1,493,492 — 1,493,492 — 693,599 — 693,599 Short-term investments U.S. Treasury securities — — — — — 99,591 — 99,591 Other assets Deferred compensation investments 2,940 — — 2,940 2,271 — — 2,271 Total assets $ 1,943,124 $ 1,493,492 $ — $ 3,436,616 $ 2,362,444 $ 793,190 $ — $ 3,155,634 There were no transfers between the levels of the fair value hierarchy during the periods presented. As of April 30, 2024 and January 31, 2024, the Company’s U.S. Treasury securities were carried at fair value and there were no material realized or unrealized gains or losses, either individually or in aggregate. Strategic Investments The Company’s investments of privately held securities as of April 30, 2024, consisted of the following (in thousands): Privately held equity securities Privately held debt and other securities Total Initial total cost $ 52,548 $ 1,000 $ 53,548 Cumulative net gains 4,871 — 4,871 Carrying amount, end of period $ 57,419 $ 1,000 $ 58,419 The Company’s investments of privately held securities as of January 31, 2024, consisted of the following (in thousands): Privately held equity securities Privately held debt and other securities Total Initial total cost $ 50,373 $ 1,000 $ 51,373 Cumulative net gains 4,871 — 4,871 Carrying amount, end of period $ 55,244 $ 1,000 $ 56,244 As of both April 30, 2024 and January 31, 2024, the cumulative net gains of $4.9 million are comprised of upward adjustments of $9.3 million, less downward adjustments and impairment of $4.4 million. Gains and Losses on Strategic Investments The components of gains on strategic investments were as follows (in thousands): Three Months Ended April 30, 2024 2023 Realized gains recognized on sales of privately held equity securities $ 6,881 $ — Gains on strategic investments $ 6,881 $ — Realized gains recognized on sales of privately held equity securities reflect the difference between the sale proceeds and the carrying value of the security at the beginning of the period or the purchase date, if later.

Balance Sheet Components

Balance Sheet Components	3 Months Ended
Balance Sheet Components	Apr. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Balance Sheet Components	Balance Sheet Components Property and Equipment, Net Property and equipment, net consisted of the following (in thousands): April 30, 2024 January 31, 2024 Data center and other computer equipment $ 587,668 $ 525,890 Capitalized internal-use software and website development costs 207,850 183,117 Leasehold improvements 40,197 39,168 Purchased software 13,380 10,907 Furniture and equipment 8,932 8,524 Construction in progress 149,644 190,832 1,007,671 958,438 Less: Accumulated depreciation and amortization (380,290) (338,266) Property and equipment, net $ 627,381 $ 620,172 Construction in progress primarily includes data center equipment purchased that has not yet been placed in service. Data center equipment that was purchased but not yet been placed into service was $133.6 million as of April 30, 2024. Depreciation and amortization expense of property and equipment was $42.7 million and $26.4 million during the three months ended April 30, 2024 and April 30, 2023, respectively. There was no impairment of property and equipment during the three months ended April 30, 2024 and April 30, 2023. The Company capitalized $17.5 million and $16.6 million in internal-use software and website development costs during the three months ended April 30, 2024 and April 30, 2023, respectively. Amortization expense associated with internal-use software and website development costs totaled $12.8 million and $7.5 million during the three months ended April 30, 2024 and April 30, 2023, respectively. The net book value of capitalized internal-use software and website development costs was $111.6 million and $106.9 million as of April 30, 2024 and January 31, 2024, respectively. Intangible Assets, Net Total intangible assets, net consisted of the following (dollars in thousands): April 30, 2024 Weighted-Average Gross Carrying Amount Accumulated Amortization Net Amount (in months) Developed technology $ 144,839 $ 46,888 $ 97,951 59 Customer relationships 17,022 6,422 10,600 66 Intellectual property and other acquired intangible assets 15,842 2,369 13,473 121 Total $ 177,703 $ 55,679 $ 122,024 January 31, 2024 Weighted-Average Gross Carrying Amount Accumulated Amortization Net Amount (in months) Developed technology $ 131,346 $ 41,854 $ 89,492 60 Customer relationships 17,027 5,825 11,202 68 Intellectual property and other acquired intangible assets 15,842 2,018 13,824 123 Total $ 164,215 $ 49,697 $ 114,518 Amortization expense of intangible assets was $6.0 million and $4.2 million during the three months ended April 30, 2024 and April 30, 2023, respectively. The estimated aggregate future amortization expense of intangible assets as of April 30, 2024 was as follows (in thousands): Total Fiscal 2025 (remaining nine months) $ 19,003 Fiscal 2026 24,240 Fiscal 2027 22,064 Fiscal 2028 21,577 Fiscal 2029 18,823 Thereafter 16,317 Total amortization expense $ 122,024 Developed technology, customer relationships, intellectual property and other acquired intangible assets are amortized over their estimated useful lives, generally on a straight-line basis, for periods ranging from 2 to 20 years. Goodwill The change in goodwill during the three months ended April 30, 2024 consisted of the following (in thousands): Amounts Goodwill as of January 31, 2024 $ 638,041 Goodwill acquired (1) 83,982 Foreign currency translation (50) Goodwill as of April 30, 2024 $ 721,973 (1) Goodwill acquired resulted from the acquisition of Flow Security. Refer to Note 9 for additional information. Accrued Expenses Accrued expenses consisted of the following (in thousands): April 30, 2024 January 31, 2024 Web hosting services $ 34,878 $ 40,706 Accrued marketing 15,694 14,623 Other accrued expenses 13,525 13,512 Accrued professional services 11,295 11,867 Accrued partner commissions 10,378 13,584 Accrued health benefits and claims 5,885 5,039 Accrued purchases of property and equipment 5,711 16,190 Accrued interest expense 4,750 10,375 Accrued expenses $ 102,116 $ 125,896 Accrued Payroll and Benefits Accrued payroll and benefits consisted of the following (in thousands): April 30, 2024 January 31, 2024 Accrued commissions $ 84,602 $ 116,870 Employee Stock Purchase Plan 49,959 22,315 Accrued payroll and related expenses 46,229 58,579 Accrued bonuses 35,905 36,860 Accrued payroll and benefits $ 216,695 $ 234,624

Debt

Debt	3 Months Ended
Debt	Apr. 30, 2024
Debt Disclosure [Abstract]
Debt	Debt Secured Revolving Credit Facility In April 2019, the Company entered into a Credit Agreement with Silicon Valley Bank and other lenders, to provide a revolving line of credit of up to $150.0 million, including a letter of credit sub-facility in the aggregate amount of $10.0 million, and a swingline sub-facility in the aggregate amount of $10.0 million. On January 4, 2021, the Company amended and restated its existing credit agreement (the “A&R Credit Agreement” and the facility thereunder the “Revolving Facility”) among CrowdStrike, Inc., as borrower, CrowdStrike Holdings, Inc., as guarantor, and Silicon Valley Bank and the other lenders party thereto, providing the Company with a revolving line of credit of up to $750.0 million, including a letter of credit sub-facility in the aggregate amount of $100.0 million, and a swingline sub-facility in the aggregate amount of $50.0 million. The Company also has the option to request an incremental facility of up to an additional $250.0 million from one or more of the lenders under the A&R Credit Agreement. The A&R Credit Agreement is guaranteed by all of the Company’s material domestic subsidiaries. The A&R Credit Agreement extended the maturity date of April 19, 2022 to January 2, 2026. On January 6, 2022, the Company modified the A&R Credit Agreement (the “Amended A&R Credit Agreement”) among CrowdStrike, Inc., as borrower, CrowdStrike Holdings, Inc., as guarantor, and Silicon Valley Bank and the other lenders party thereto. There were no changes to the borrowing amounts or maturity date. Under the Amended A&R Credit Agreement, revolving loans are Alternate Base Rate (“ABR”) Loans. Outstanding ABR Loans incur interest at the highest of (a) the Prime Rate, as published by the Wall Street Journal, (b) the federal funds rate in effect on such day plus 0.50%, and (c) the Term Secured Overnight Finance Rate (the “Term SOFR”) for a one-month tenor in effect on such day plus 1.00%, in each case plus a margin between (0.25)% and 0.25%, depending on the senior secured leverage ratio. The Company will be charged a commitment fee of 0.15% to 0.25% per year for committed but unused amounts, depending on the senior secured leverage ratio. The financial covenants require the Company to maintain a minimum consolidated interest coverage ratio of 3.00:1.00 and a maximum total leverage ratio of 5.50:1.00 stepping down to 3.50:1.00 over time. The Company was in compliance with all of its financial covenants as of April 30, 2024. The Amended A&R Credit Agreement is secured by substantially all of the Company’s current and future consolidated assets, property and rights, including, but not limited to, intellectual property, cash, goods, equipment, contractual rights, financial assets, and intangible assets of the Company and certain of its subsidiaries. The Amended A&R Credit Agreement contains customary covenants limiting the Company’s ability and the ability of its subsidiaries to, among other things, dispose of assets, undergo a change in control, merge or consolidate, make acquisitions, incur debt, incur liens, pay dividends, repurchase stock, and make investments, in each case subject to certain exceptions. No amounts were outstanding under the Amended A&R Credit Agreement as of April 30, 2024 or January 31, 2024. Senior Notes On January 20, 2021, the Company issued $750.0 million in aggregate principal amount of 3.00% Senior Notes maturing in February 2029. The Senior Notes are guaranteed by the Company’s subsidiary, CrowdStrike, Inc. and will be guaranteed by each of the Company’s existing and future domestic subsidiaries that becomes a borrower or guarantor under the A&R Credit Agreement. The Senior Notes were issued at par and bear interest at a rate of 3.00% per annum. Interest payments are payable semiannually on February 15 and August 15 of each year, commencing on August 15, 2021. The Company may voluntarily redeem the Senior Notes, in whole or in part, 1) at any time prior to February 15, 2024 at (a) 100.00% of their principal amount, plus a “make whole” premium or (b) with the net cash proceeds received from an equity offering at a redemption price equal to 103.00% of the principal amount, provided the aggregate principal amount of all such redemptions does not exceed 40% of the original aggregate principal amount of the Senior Notes; 2) at any time on or after February 15, 2024 at a prepayment price equal to 101.50% of the principal amount; 3) at any time on or after February 15, 2025 at a prepayment price equal to 100.75% of the principal amount; and 4) at any time on or after February 15, 2026 at a prepayment price equal to 100.00% of the principal amount; in each case, plus accrued and unpaid interest, if any, to but excluding, the date of redemption. The net proceeds from the debt offering were $738.0 million after deducting the underwriting commissions of $9.4 million and $2.6 million of issuance costs. The debt issuance costs are being amortized to interest expense using the effective interest method over the term of the Senior Notes. Interest expense related to contractual interest expense, amortization of debt issuance costs, and accretion of debt discount was $6.0 million during the three months ended April 30, 2024 and 2023. In certain circumstances involving a change of control event, the Company will be required to make an offer to repurchase all or, at the holder’s option, any part, of each holder’s notes of that series at 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. The indenture governing the Senior Notes (the “Indenture”) contains covenants limiting the Company’s ability and the ability of its subsidiaries to create liens on certain assets to secure debt; grant a subsidiary guarantee of certain debt without also providing a guarantee of the Senior Notes; declare dividends; and consolidate or merge with or into, or sell or otherwise dispose of all or substantially all of its assets to, another person. These covenants are subject to a number of limitations and exceptions. Certain of these covenants will not apply during any period in which the notes are rated investment grade by Fitch Ratings, Inc. (“Fitch”), Moody’s Investors Service, Inc. (“Moody’s”), and Standard & Poor’s Ratings Services (“S&P”). As of April 30, 2024, the Company was in compliance with all of its financial covenants under the Indenture associated with the Senior Notes. Based on the trading prices of the Senior Notes, the fair value of the Senior Notes was approximately $658.3 million and $671.2 million as of April 30, 2024 and January 31, 2024, respectively. While the Senior Notes are recorded at cost, the fair value of the Senior Notes was determined based on quoted prices in markets that are not active; accordingly, the Senior Notes are categorized as Level 2 for purposes of the fair value measurement hierarchy.

Income Taxes

Income Taxes	3 Months Ended
Income Taxes	Apr. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recognized income tax expense of $7.7 million and $4.4 million for the three months ended April 30, 2024 and April 30, 2023, respectively. The tax expense for the three months ended April 30, 2024 and April 30, 2023 was primarily attributable to pre-tax earnings and withholding taxes related to customer payments in certain foreign jurisdictions in which the Company conducts business. The Company’s effective tax rates of 14.2% and 89.8% for the three months ended April 30, 2024 and April 30, 2023, respectively, differ from the U.S. statutory tax rate primarily due to taxes in foreign jurisdictions and the full valuation allowance in the U.S. Total gross unrecognized tax benefits were $79.5 million and $58.9 million as of April 30, 2024 and January 31, 2024, respectively, which is primarily attributable to research and development credits. As of April 30, 2024 and January 31, 2024, approximately $13.5 million and $12.7 million, respectively of unrecognized tax benefits, which, if recognized, would affect the Company’s effective tax rate due to the full valuation allowance. The Company’s policy is to classify interest and penalties related to unrecognized tax benefits as part of the income tax provision in the condensed consolidated statements of operations. The Company had incurred $1.7 million and $1.4 million of interest and penalties related to unrecognized tax benefits as of April 30, 2024 and January 31, 2024. The potential change in unrecognized tax benefits during the next 12 months is not expected to be material. In accordance with the guidance on the accounting for uncertainty in income taxes, for all U.S. and other tax jurisdictions, the Company recognizes potential liabilities for anticipated tax audit issues based on the Company’s estimate of whether, and the extent to which, additional taxes and interest will be due. If the Company’s estimate of income tax liabilities proves to be less than the ultimate assessment, a further charge to expense would be required. If events occur and the payment of these amounts ultimately proves to be unnecessary, the reversal of the liabilities would result in tax benefits being recognized in the period when the Company determines the liabilities are no longer necessary. The Company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes in the condensed consolidated statements of operations. Accrued interest and penalties are included within other liabilities, noncurrent on the condensed consolidated balance sheets. The Company maintains a full valuation allowance on U.S. federal and state and certain foreign deferred tax assets, including net operating loss carryforwards and tax credits, which the Company has determined are not realizable on a more-likely-than-not basis. The Company regularly evaluates the need for a valuation allowance. Due to recent profitability, a material reversal of the Company’s valuation allowance in U.S jurisdictions in the foreseeable future is reasonably possible.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
Stock-Based Compensation	Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation Stock Incentive Plan In May 2019, the Company’s board of directors adopted, and the stockholders approved the CrowdStrike Holdings, Inc. 2019 Equity Incentive Plan (the “2019 Plan”) with the purpose of granting stock-based awards to employees, directors, officers, and consultants, including stock options, restricted stock awards, restricted stock units (“RSUs”), and performance-based restricted stock units (“PSUs”). A total of 8,750,000 shares of Class A common stock were initially available for issuance under the 2019 Plan. The Company’s compensation committee administers the 2019 Plan. The number of shares of the Company’s common stock available for issuance under the 2019 Plan is subject to an annual increase on the first day of each fiscal year beginning on February 1, 2020, equal to the lesser of: (i) two percent (2%) of outstanding shares of the Company’s capital stock as of the last day of the immediately preceding fiscal year or (ii) such other amount as the Company’s board of directors may determine. The 2011 Plan was terminated on June 10, 2019, which was the business day prior to the effectiveness of the Company’s registration statement on Form S-1 used in connection with the Company’s IPO, and stock-based awards are no longer granted under the 2011 Plan. Any shares underlying stock options that expire, terminate, or are forfeited or repurchased under the 2011 Plan will be automatically transferred to the 2019 Plan. Stock Options The Company records compensation expense for employee stock options based on the estimated fair value of the options on the date of grant using the Black-Scholes option-pricing model. Stock options granted during the three months ended April 30, 2024 were immaterial. There were no stock options granted during the three months ended April 30, 2023. The following table is a summary of stock option activity for the three months ended April 30, 2024: Number of Weighted-Average (in thousands) Options outstanding at January 31, 2024 1,754 $ 9.37 Granted 14 $ 3.25 Exercised (92) $ 8.96 Canceled (6) $ 66.67 Options outstanding at April 30, 2024 1,670 $ 9.32 Options vested and expected to vest at April 30, 2024 1,670 $ 9.32 Options exercisable at April 30, 2024 1,543 $ 9.09 Options outstanding include 87,998 options that were unvested and exercisable as of April 30, 2024. The aggregate intrinsic value of options vested and exercisable was $437.5 million and $451.0 million as of April 30, 2024 and January 31, 2024, respectively. The weighted-average remaining contractual term of options vested and exercisable was 4.0 years and 4.2 years as of April 30, 2024 and January 31, 2024, respectively. The weighted-average grant date fair values of all options granted was $325.22 per share and none during the three months ended April 30, 2024 and April 30, 2023, respectively. The total intrinsic value of all options exercised was $28.5 million and $45.1 million during the three months ended April 30, 2024 and April 30, 2023, respectively. The aggregate intrinsic value of stock options outstanding as of April 30, 2024 and January 31, 2024 was $473.0 million and $496.7 million, respectively, which represents the excess of the fair value of the Company’s common stock over the exercise price of the options multiplied by the number of options outstanding. The weighted-average remaining contractual term of stock options outstanding was 4.1 years and 4.3 years as of April 30, 2024 and January 31, 2024, respectively. Total unrecognized stock-based compensation expense related to unvested options was $7.3 million as of April 30, 2024. This expense is expected to be amortized over a weighted-average vesting period of 1.0 year. Early Exercise of Employee Options The 2011 and 2019 Stock Plans allow for the early exercise of stock options for certain individuals as determined by the board of directors. The consideration received for an early exercise of an option is a deposit of the exercise price and the related dollar amount is recorded as a liability for early exercise of unvested stock options in the condensed consolidated balance sheets. This liability is reclassified to additional paid-in capital as the awards vest. If a stock option is early exercised, the unvested shares may be repurchased by the Company in case of employment termination or for any reason, including death and disability, at the price paid by the purchaser for such shares. There were no issued shares of common stock related to early exercised stock options during the three months ended April 30, 2024 or April 30, 2023. As of April 30, 2024 and January 31, 2024, there were no shares of common stock related to early exercised stock options subject to repurchase. Common stock purchased pursuant to an early exercise of stock options is not deemed to be outstanding for accounting purposes until those shares vest. The Company includes unvested shares subject to repurchase in the number of shares outstanding in the condensed consolidated balance sheets and statements of stockholders’ equity. Restricted Stock Units RSUs granted under the 2019 Plan are generally subject to only a service-based vesting condition. The service-based vesting condition is generally satisfied based on one of four vesting schedules: (i) vesting of one-fourth of the RSUs on the first “Company vest date” (defined as March 20, June 20, September 20, or December 20) on or following the one-year anniversary of the vesting commencement date with the remainder of the RSUs vesting in twelve equal quarterly installments thereafter, subject to continued service, (ii) vesting in sixteen equal quarterly installments, subject to continued service, (iii) vesting in eight equal quarterly installments, subject to continued service, or (iv) vesting in sixteen quarterly installments with 10% in the first year, 15% in the second year, 25% in the third year and 50% in the fourth year, subject to continued service. The valuation of these RSUs is based solely on the fair value of the Company’s stock on the date of grant. Total unrecognized stock-based compensation expense related to unvested RSUs was $1.7 billion as of April 30, 2024. This expense is expected to be amortized over a weighted-average vesting period of 2.8 years. Performance-based Stock Units PSUs granted under the 2019 Plan are generally subject to both a service-based vesting condition and a performance-based vesting condition. PSUs will vest upon the achievement of specified performance targets and subject to continued service through the applicable vesting dates. The stock-based compensation expense relating to PSUs is recognized using the accelerated attribution method over the requisite service period when it is probable that the performance condition will be satisfied. Total unrecognized stock-based compensation expense related to unvested PSUs was $167.8 million as of April 30, 2024. This expense is expected to be amortized over a weighted-average vesting period of 1.5 years. Special PSU Awards In fiscal 2022 the Company’s board of directors granted 655,000 performance stock units (the “Special PSU Awards”) to certain executives under the 2019 Plan. The Special PSU Awards will vest upon the satisfaction of the Company’s achievement of specified stock price hurdles, which are based on the average of the closing stock price per share of the Company’s Class A common stock during any 45 consecutive trading day period during the applicable performance period, and a service-based vesting condition. The service condition applicable to each tranche of the Special PSU Awards will be satisfied in installments as follows, subject to continued employment with the Company through each applicable vesting date: (i) 50% of the Special PSU Awards underlying the applicable tranche will service vest on the first anniversary of the vesting commencement date applicable to such tranche of the Special PSU Awards ( i.e. , February 1, 2022, February 1, 2023, February 1, 2024 and February 1, 2025) and (ii) the remaining PSUs with respect to such tranche will thereafter service vest in four equal quarterly installments of 12.5%. The Company measured the fair value of the Special PSU Awards on the grant date using a Monte Carlo simulation valuation model. The risk-free interest rates used were 0.85% -1.51%, which were based on the zero-coupon-risk-free interest rate derived from the Treasury Constant Maturities yield curve for the expected term of the award on the grant date. The expected volatility was a blended volatility rate of 54.89% - 55.36%, which includes 50% weight on the Company’s historical volatility calculated from daily stock returns over a 2.21- 2.58 year look-back from the grant date and 50% weight based on the Company’s implied volatility as of the grant date. Total unrecognized stock-based compensation expense related to the unvested portion of the Special PSU Awards was $25.3 million as of April 30, 2024. This expense is expected to be amortized over a weighted-average vesting period of 1.0 year. The following table is a summary of RSUs, PSUs and the Special PSU Awards activities for the three months ended April 30, 2024: Number of Weighted- (in thousands) RSUs and PSUs outstanding at January 31, 2024 10,968 $ 167.84 Granted 1,769 $ 302.26 Released (1,224) $ 143.19 Performance adjustment (1) 241 $ 132.83 Forfeited (244) $ 188.52 RSUs and PSUs outstanding at April 30, 2024 11,510 $ 189.94 RSUs and PSUs expected to vest at April 30, 2024 (2) 10,719 $ 186.57 (1) The performance adjustment represents adjustments in shares outstanding due to the actual achievement of performance-based awards, the achievement of which was based upon pre-defined financial performance targets. (2) Excludes in progress PSUs and Special PSUs where pre-defined targets have not yet been achieved. Employee Stock Purchase Plan In May 2019, the board of directors adopted, and the stockholders approved the CrowdStrike Holdings, Inc. 2019 Employee Stock Purchase Plan (“ESPP”), which became effective on June 10, 2019, which was the business day prior to the effectiveness of the Company’s registration statement on Form S-1 used in connection with the Company’s IPO. A total of 3,500,000 shares of Class A common stock were initially reserved for issuance under the ESPP. The Company’s compensation committee administers the ESPP. The number of shares of common stock available for issuance under the ESPP is subject to an annual increase on the first day of each fiscal year beginning on February 1, 2020, equal to the lesser of: (i) one percent (1%) of the outstanding shares of the Company’s capital stock as of the last day of the immediately preceding fiscal year or (ii) such other amount as its board of directors may determine. In May 2021, the Company’s compensation committee adopted an amendment and restatement of the ESPP, which was approved by the Company’s stockholders in June 2021. The amended and restated ESPP clarified the original intent that the annual increase will in no event exceed 5,000,000 shares of the Company’s Class A common stock in any year. The ESPP provides for consecutive offering periods that will typically have a duration of approximately 24 months in length and are comprised of four purchase periods of approximately six months in length. The offering periods are scheduled to start on the first trading day on or after June 11 and December 11 of each year. The first offering period commenced on June 11, 2019 and ended on June 10, 2021. The ESPP provides eligible employees with an opportunity to purchase shares of the Company’s Class A common stock through payroll deductions of up to 15% of their eligible compensation. A participant may purchase a maximum of 2,500 shares of common stock during a purchase period. Amounts deducted and accumulated by the participant are used to purchase shares of common stock at the end of each six-month purchase period. The purchase price of the shares is 85% of the lower of the fair market value of the Class A common stock on (i) the first trading day of the applicable offering period and (ii) the last trading day of each purchase period in the related offering period. Participants may end their participation at any time during an offering period and will be paid their accrued contributions that have not yet been used to purchase shares of common stock. Participation ends automatically upon termination of employment. The ESPP allows for up to one increase in contribution during each purchase period. If an employee elects to increase his or her contribution, the Company treats this as an accounting modification. The ESPP also offers a two-year look-back feature, as well as a rollover feature that provides for an offering period to be rolled over to a new lower-priced offering if the offering price of the new offering period is less than that of the current offering period. Employee payroll contributions ultimately used to purchase shares are reclassified to stockholders’ equity on the purchase date. ESPP employee payroll contributions accrued as of April 30, 2024 and January 31, 2024 totaled $50.0 million and $22.3 million, respectively, and are included within accrued payroll and benefits in the condensed consolidated balance sheets. The following table summarizes the assumptions used in the Black-Scholes option-pricing model to determine the fair value of employee stock purchase rights granted under the Company’s ESPP: Three Months Ended April 30, 2024 2023 Expected term (in years) 0.5 – 2.0 0.5 – 2.0 Risk-free interest rate 0.2% – 5.3% 0.2% – 4.7% Expected stock price volatility 40.8% – 61.2% 50.2% – 61.2% Dividend yield — % — % Stock-Based Compensation Expense Stock-based compensation expense included in the condensed consolidated statements of operations is as follows (in thousands): Three Months Ended April 30, 2024 2023 Subscription cost of revenue $ 13,916 $ 8,966 Professional services cost of revenue 6,273 4,630 Sales and marketing 52,258 35,739 Research and development 66,742 44,381 General and administrative 43,936 37,140 Total stock-based compensation expense $ 183,125 $ 130,856

Revenue, Deferred Revenue and R

Revenue, Deferred Revenue and Remaining Performance Obligations	3 Months Ended
	Apr. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue, Deferred Revenue and Remaining Performance Obligations	Revenue, Deferred Revenue and Remaining Performance Obligations The following table summarizes revenue by region based on the shipping address of customers who have contracted to use the Company’s platform or service (in thousands, except percentages): Three Months Ended April 30, 2024 2023 Amount % Revenue Amount % Revenue United States $ 630,026 68 % $ 474,825 69 % Europe, Middle East, and Africa 141,612 15 % 104,552 15 % Asia Pacific 93,462 10 % 72,219 10 % Other 55,936 7 % 40,984 6 % Total revenue $ 921,036 100 % $ 692,580 100 % No single country other than the United States represented 10% or more of the Company’s total revenue during the three months ended April 30, 2024 and April 30, 2023. Contract Balances Contract liabilities consist of deferred revenue and include payments received in advance of performance under the contract. Such amounts are recognized as revenue over the contractual period. The Company recognized revenue of $792.2 million and $596.4 million for the three months ended April 30, 2024 and April 30, 2023, which was included in the corresponding contract liability balance at the beginning of the period. The Company receives payments from customers based upon contractual billing schedules. Accounts receivable are recorded when the right to consideration becomes unconditional. Payment terms on invoiced amounts are typically 30 – 60 days. Contract assets include amounts related to the contractual right to consideration for both completed and partially completed performance obligations that may not have been invoiced. Changes in deferred revenue were as follows (in thousands): Three Months Ended April 30, 2024 2023 Carrying Amount Beginning balance $ 3,054,099 $ 2,355,113 Additions to deferred revenue 936,316 741,258 Recognition of deferred revenue (921,036) (692,580) Ending balance $ 3,069,379 $ 2,403,791 Remaining Performance Obligations The Company’s subscription contracts with its customers have a typical term of one amount of the transaction price allocated to remaining performance obligations was $4.7 billion. The Company expects to recognize approximately 60% of the remaining performance obligations in the 12 months following April 30, 2024, and 39% of the remaining performance obligations between 13 to 36 months, with the remainder to be recognized thereafter. Costs to Obtain and Fulfill a Contract The Company capitalizes referral fees paid to partners and sales commissions and associated payroll taxes paid to internal sales personnel, contractors or sales agents that are incremental to the acquisition of channel partner and direct customer contracts and would not have occurred absent the customer contract. These costs are recorded as deferred contract acquisition costs, current and deferred contract acquisition costs, noncurrent on the condensed consolidated balance sheets. Sales commissions for renewal of a contract are not considered commensurate with the commissions paid for the acquisition of the initial contract or follow-on upsell given the substantive difference in commission rates in proportion to their respective contract values. Commissions, including referral fees paid to referral partners, earned upon the initial acquisition of a contract or subsequent upsell are amortized over an estimated period of benefit of four years, while commissions earned for renewal contracts are amortized over the contractual term of the renewals. Sales commissions associated with professional service contracts are amortized ratably over an estimated period of benefit of six months and are included in sales and marketing expense in the condensed consolidated statements of operations. In determining the period of benefit for commissions paid for the acquisition of the initial contract, the Company took into consideration the expected subscription term and expected renewals of customer contracts, the historical duration of relationships with customers, customer retention data, and the life of the developed technology. The Company periodically reviews the carrying amount of deferred contract acquisition costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit of these deferred costs. The Company did not recognize any material impairment losses of deferred contract acquisition costs during the three months ended April 30, 2024 or April 30, 2023. The following table summarizes the activity of deferred contract acquisition costs (in thousands): Three Months Ended April 30, 2024 2023 Beginning balance $ 582,303 $ 447,088 Capitalization of contract acquisition costs 66,480 49,532 Amortization of deferred contract acquisition costs (74,128) (55,322) Ending balance $ 574,655 $ 441,298 Deferred contract acquisition costs, current $ 244,651 $ 186,901 Deferred contract acquisition costs, noncurrent 330,004 254,397 Total deferred contract acquisition costs $ 574,655 $ 441,298

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Apr. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Obligations In the normal course of business, the Company enters into non-cancellable purchase commitments with various parties to purchase products and services such as data center capacity, advertising, technology, equipment, office renovations, corporate events, and consulting services. A summary of non-cancellable purchase obligations in excess of one year as of April 30, 2024, with expected date of payment is as follows (in thousands): Total Fiscal 2025 (remaining nine months) $ 334,375 Fiscal 2026 473,071 Fiscal 2027 444,422 Fiscal 2028 453,175 Fiscal 2029 440,841 Thereafter 414,827 Total purchase commitments $ 2,560,711 Litigation In March 2022, Webroot, Inc. and Open Text, Inc. (collectively, “Webroot”) filed a lawsuit against the Company and CrowdStrike, Inc. in federal court in the Western District of Texas alleging that certain of the Company’s products infringe six patents held by them. In the complaint, Webroot sought unspecified damages, attorneys’ fees and a permanent injunction. In May 2022, CrowdStrike, Inc. asserted counterclaims alleging that certain of Webroot’s products infringe two of its patents. In the filing, CrowdStrike, Inc. sought unspecified damages, reasonable fees and costs, and a permanent injunction. In September 2022, Webroot amended its complaint to assert six additional patents. In November 2023, CrowdStrike, Inc. entered into an agreement that provided for, among other things, the settlement and dismissal of the parties’ claims and filed for dismissal. The amount attributable to the settlement was not material. In addition, the Company is involved in various other legal proceedings and subject to claims that arise in the ordinary course of business. For any claims for which the Company believes a liability is both probable and reasonably estimable, the Company records a liability in the period for which it makes this determination. There is no pending or threatened legal proceeding to which the Company is a party that, in the Company’s opinion, is reasonably possible to have a material effect on its condensed consolidated financial statements; however, the results of litigation and claims are inherently unpredictable. Regardless of the outcome, litigation can have an adverse impact on the Company’s business because of defense and settlement costs, diversion of management resources, and other factors. In addition, the costs of litigation and the timing of these costs from period to period are difficult to estimate, subject to change and could adversely affect the Company’s condensed consolidated financial statements. Warranties and Indemnification The Company’s cloud computing services are typically warranted to perform in a manner consistent with general industry standards that are reasonably applicable and materially in accordance with the Company’s online help documentation under normal use and circumstances. The Company’s arrangements generally include certain provisions for indemnifying customers against liabilities if its products or services infringe a third party’s intellectual property rights. In addition, for its Falcon Complete customers, the Company offers a limited warranty, subject to certain conditions, to cover certain costs incurred by the customer in case of a cybersecurity breach. The Company has entered into an insurance policy to reduce its potential liability arising from this limited warranty arrangement. To date, the Company has not incurred any material costs because of such obligations and has not accrued any liabilities related to such obligations in the condensed consolidated financial statements. The Company has also agreed to indemnify its directors and certain executive officers for costs associated with any fees, expenses, judgments, fines and settlement amounts incurred by any of these persons in any action or proceeding to which any of those persons is, or is threatened to be, made a party by reason of the person’s service as a director or officer, including any action by the Company, arising out of that person’s services as the Company’s director or officer or that person’s services provided to any other company or enterprise at the Company’s request. The Company maintains director and officer insurance coverage that would generally enable the Company to recover a portion of any future amounts paid. The Company may also be subject to indemnification obligations by law with respect to the actions of its employees under certain circumstances and in certain jurisdictions. No liabilities have been accrued associated with this indemnification provision as of April 30, 2024 or January 31, 2024.

Acquisitions

Acquisitions	3 Months Ended
Acquisitions	Apr. 30, 2024
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Flow Security On March 26, 2024, the Company acquired 100% of the equity interest of Flow Security Ltd. (“Flow Security”), a leading provider of data security solutions. The acquisition has been accounted for as a business combination. The total consideration transferred consisted of $96.4 million in cash, net of $0.8 million of cash acquired, and $0.5 million representing the fair value of replacement equity awards attributable to pre-acquisition service. The remaining fair value of these replacement awards attributed to post-combination service was excluded from the purchase price. The purchase price was allocated on a preliminary basis, subject to working capital adjustment and continuing management analysis, to developed technology of $13.5 million with a useful life of 72 months, net tangible liabilities acquired of $0.6 million, and goodwill of $84.0 million, which was allocated to the Company’s one reporting unit and represents the excess of the purchase price over the fair value of net tangible and intangible assets acquired. The goodwill was primarily attributable to the assembled workforce of Flow Security, planned growth in new markets, and synergies expected to be achieved from the integration of Flow Security. Goodwill is not deductible for income tax purposes. Per the terms of the share purchase agreement with Flow Security, certain unvested stock options held by Flow Security employees were canceled and exchanged for replacement stock options under the 2019 Plan. Additionally, certain shares of Flow Security stock held by Flow Security employees were exchanged for the right to receive shares of the Company’s Class A common stock, subject to service-based vesting and other conditions. Further, the Company agreed to grant RSUs and PSUs under the 2019 Plan to certain continuing employees. The awards that are subject to continued service are recognized ratably as stock-based compensation cost over the requisite service period. The awards that are subject to both continued service and specified performance targets are recognized over the requisite service period when it is probable that the performance condition will be satisfied. Acquisition costs incurred during the three months ended April 30, 2024 were $2.5 million and are primarily recorded in general and administrative expenses on the Company’s condensed consolidated statements of operations. The results of operations for the acquisition have been included in the Company’s condensed consolidated financial statements from the date of acquisition. The acquisition of Flow Security did not have a material impact on the Company’s condensed consolidated financial statements, and therefore historical and pro forma disclosures have not been presented. Bionic On September 28, 2023, the Company acquired 100% of the equity interest of Bionic Stork, Ltd. (“Bionic”), a privately-held company that provides an Application Security Posture Management platform designed to proactively reduce and mitigate security, data privacy, and operational risks by analyzing application architecture and dependencies that run in production. The acquisition has been accounted for as a business combination. The total consideration transferred consisted of $239.0 million in cash, net of $25.7 million of cash acquired, and $0.7 million representing the fair value of replacement equity awards attributable to pre-acquisition service. The remaining fair value of these replacement awards attributed to post-combination service was excluded from the purchase price. The purchase price was allocated on a preliminary basis, subject to working capital adjustment and continuing management analysis, to identified intangible assets, which include developed technology and customer relationships of $34.9 million, net tangible liabilities acquired of $2.7 million, and goodwill of $207.5 million, which was allocated to the Company’s one reporting unit and represents the excess of the purchase price over the fair value of net tangible and intangible assets acquired. The goodwill was primarily attributable to the assembled workforce of Bionic, planned growth in new markets, and synergies expected to be achieved from the integration of Bionic. Goodwill is not deductible for income tax purposes. Per the terms of the share purchase agreement with Bionic, certain unvested stock options held by Bionic employees were canceled and exchanged for replacement stock options under the 2019 Plan. Additionally, certain shares of Bionic stock held by Bionic employees were exchanged for shares of the Company’s Class A common stock, subject to service-based vesting and other conditions. Further, the Company granted RSUs and PSUs under the 2019 Plan to certain continuing employees. The awards that are subject to continued service are recognized ratably as stock-based compensation expense over the requisite service period. The awards that are subject to both continued service and specified performance targets are recognized over the requisite service period when it is probable that the performance condition will be satisfied. The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life (in months) Developed technology $ 29,900 72 Customer relationships 5,000 96 Total intangible assets acquired $ 34,900 Acquisition costs during the three months ended April 30, 2024 were immaterial. The results of operations for the acquisition have been included in the Company’s condensed consolidated financial statements from the date of acquisition. The acquisition of Bionic did not have a material impact on the Company’s condensed consolidated financial statements, and therefore historical and pro forma disclosures have not been presented.

Net Income Per Share Attributab

Net Income Per Share Attributable to Common Stockholders	3 Months Ended
Net Income Per Share Attributable to Common Stockholders	Apr. 30, 2024
Earnings Per Share [Abstract]
Net Income Per Share Attributable to Common Stockholders	Net Income Per Share Attributable to Common Stockholders Basic and diluted net income per share attributable to CrowdStrike’s common stockholders is computed in conformity with the two-class method required for participating securities. Basic net income per share attributable to CrowdStrike common stockholders is computed by dividing the net income attributable to CrowdStrike by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share attributable to CrowdStrike common stockholders is calculated by dividing net income by the combination of the weighted-average number of common shares outstanding and the effect of the weighted-average number of dilutive common share equivalents during the period. The dilutive potential shares of common stock are comprised of outstanding stock options, RSUs, PSUs, Special PSUs, ESPP obligations, and founder holdbacks, and are computed using the treasury stock method. The effects of the outstanding stock options, RSUs, PSUs, Special PSUs, ESPP obligations, and founders holdbacks are excluded from the computation of the diluted net income per share in periods in which the effect would be anti-dilutive. The rights of the holders of Class A and Class B common stock are identical, except with the respect to voting and conversion rights. As such, the undistributed earnings are allocated equally to each share of common stock without class distinction and the resulting basic and diluted net income per share attributable to CrowdStrike common stockholders are the same for shares of Class A and Class B common stock. The following table sets forth the computation of basic and diluted net income per share attributable to CrowdStrike common stockholders (in thousands, except per share data): Three Months Ended April 30, 2024 2023 Numerator: Net income attributable to Class A and Class B CrowdStrike common stockholders $ 42,820 $ 491 Denominator: Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, basic 242,389 236,414 Dilutive effect of common stock equivalents 7,775 4,184 Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, dilutive 250,164 240,598 Net income per share attributable to Class A and Class B CrowdStrike common stockholders, basic $ 0.18 $ 0.00 Net income per share attributable to Class A and Class B CrowdStrike common stockholders, diluted $ 0.17 $ 0.00 The potential shares of common stock that were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows (in thousands): April 30, 2024 April 30, 2023 RSUs and PSUs subject to future vesting 118 5,832 Shares of common stock issuable from stock options 1 3 Share purchase rights under the Employee Stock Purchase Plan — 1,020 Potential common shares excluded from diluted net income per share 119 6,855 The above table excludes founder holdbacks related to business combinations where a variable number of shares will be issued upon vesting to settle a fixed monetary amount of $21.1 million, contingent upon continued employment with the Company. The share price will be determined based on the Company’s average stock price or the volume weighted average stock price five days prior to each vesting date. During the three months ended April 30, 2024, 2,745 shares were issued to settle founder holdbacks at a weighted average price of $296.33 per share.

Description of Business and S_2

Description of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by U.S. GAAP have been condensed or omitted, and accordingly the balance sheet as of January 31, 2024, and related disclosures, have been derived from the audited consolidated financial statements at that date but do not include all of the information required by U.S. GAAP for complete consolidated financial statements. These unaudited condensed consolidated financial statements have been prepared on the same basis as the Company’s annual consolidated financial statements and, in the opinion of management, reflect all normal recurring adjustments that are necessary for the fair statement of the Company’s condensed consolidated financial information. The results of operations for the three months ended April 30, 2024 are not necessarily indicative of the results to be expected for the year ending January 31, 2025 or for any other interim period or for any other future year. The accompanying interim unaudited condensed consolidated financial statements and related financial information should be read in conjunction with Item 8, “Financial Statements and Supplementary Data” included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2024, filed with the SEC on March 6, 2024.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the Company’s condensed consolidated financial statements and accompanying notes. These estimates are based on information available as of the date of the condensed consolidated financial statements. On a regular basis, management evaluates these estimates and assumptions. Actual results may differ from these estimates and such differences could be material to the Company’s condensed consolidated financial statements. Estimates and assumptions used by management include, but are not limited to, revenue recognition, the allowance for credit losses, the useful lives of long-lived assets, the fair values of strategic investments, the period of benefit for deferred contract acquisition costs, the discount rate used for operating leases, the recognition and disclosure of contingent liabilities, income taxes, stock-based compensation, and the fair value of assets acquired and liabilities assumed in business combinations.
Concentration of Credit Risk and Geographic Information	Concentration of Credit Risk and Geographic Information The Company generates revenue from the sale of subscriptions to access its cloud platform and professional services. The Company’s sales team, along with its channel partner network of system integrators and value-added resellers (collectively, “channel partners”), sells the Company’s services worldwide to organizations of all sizes.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures, a final standard on improvements to income tax disclosures. The standard requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income taxes paid. The standard is intended to benefit investors by providing more detailed income tax disclosures that would be useful in making capital allocation decisions and applies to all entities subject to income taxes. The new standard is effective for annual periods beginning after December 15, 2024. The Company does not expect the adoption of this new guidance to have a material impact on its disclosures within the consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The standard requires disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”) and included within each reported measure of segment profit or loss, an amount for other segment items required to reconcile the difference between segment revenue and segment expenses to segment profit or loss along with a description of their composition, and the title and position of the entity's CODM. The update also expands interim segment disclosure requirements. The new standard is effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted, and will be applied retrospectively to all prior periods presented in the condensed consolidated financial statements. The Company is currently evaluating the impact of this new guidance on its disclosures within the consolidated financial statements.

Investments and Fair Value Me_2

Investments and Fair Value Measurements (Tables)	3 Months Ended
Investments and Fair Value Measurements (Tables)	Apr. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Company's Fair Value Hierarchy for its Financial Assets and Liabilities that are Measured at Fair Value on a Recurring Basis	The Company’s fair value hierarchy for its financial assets and liabilities that are measured at fair value on a recurring basis are as follows (in thousands): April 30, 2024 January 31, 2024 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Cash equivalents Money market funds $ 1,940,184 $ — $ — $ 1,940,184 $ 2,360,173 $ — $ — $ 2,360,173 U.S. Treasury securities — 1,493,492 — 1,493,492 — 693,599 — 693,599 Short-term investments U.S. Treasury securities — — — — — 99,591 — 99,591 Other assets Deferred compensation investments 2,940 — — 2,940 2,271 — — 2,271 Total assets $ 1,943,124 $ 1,493,492 $ — $ 3,436,616 $ 2,362,444 $ 793,190 $ — $ 3,155,634
Schedule of Changes in Strategic Investments	The Company’s investments of privately held securities as of April 30, 2024, consisted of the following (in thousands): Privately held equity securities Privately held debt and other securities Total Initial total cost $ 52,548 $ 1,000 $ 53,548 Cumulative net gains 4,871 — 4,871 Carrying amount, end of period $ 57,419 $ 1,000 $ 58,419 The Company’s investments of privately held securities as of January 31, 2024, consisted of the following (in thousands): Privately held equity securities Privately held debt and other securities Total Initial total cost $ 50,373 $ 1,000 $ 51,373 Cumulative net gains 4,871 — 4,871 Carrying amount, end of period $ 55,244 $ 1,000 $ 56,244 The components of gains on strategic investments were as follows (in thousands): Three Months Ended April 30, 2024 2023 Realized gains recognized on sales of privately held equity securities $ 6,881 $ — Gains on strategic investments $ 6,881 $ —

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
Balance Sheet Components (Tables)	Apr. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net consisted of the following (in thousands): April 30, 2024 January 31, 2024 Data center and other computer equipment $ 587,668 $ 525,890 Capitalized internal-use software and website development costs 207,850 183,117 Leasehold improvements 40,197 39,168 Purchased software 13,380 10,907 Furniture and equipment 8,932 8,524 Construction in progress 149,644 190,832 1,007,671 958,438 Less: Accumulated depreciation and amortization (380,290) (338,266) Property and equipment, net $ 627,381 $ 620,172
Schedule of Intangible Assets, Net	Intangible Assets, Net Total intangible assets, net consisted of the following (dollars in thousands): April 30, 2024 Weighted-Average Gross Carrying Amount Accumulated Amortization Net Amount (in months) Developed technology $ 144,839 $ 46,888 $ 97,951 59 Customer relationships 17,022 6,422 10,600 66 Intellectual property and other acquired intangible assets 15,842 2,369 13,473 121 Total $ 177,703 $ 55,679 $ 122,024 January 31, 2024 Weighted-Average Gross Carrying Amount Accumulated Amortization Net Amount (in months) Developed technology $ 131,346 $ 41,854 $ 89,492 60 Customer relationships 17,027 5,825 11,202 68 Intellectual property and other acquired intangible assets 15,842 2,018 13,824 123 Total $ 164,215 $ 49,697 $ 114,518
Schedule of Estimated Aggregate Future Amortization Expense of Intangible Assets	The estimated aggregate future amortization expense of intangible assets as of April 30, 2024 was as follows (in thousands): Total Fiscal 2025 (remaining nine months) $ 19,003 Fiscal 2026 24,240 Fiscal 2027 22,064 Fiscal 2028 21,577 Fiscal 2029 18,823 Thereafter 16,317 Total amortization expense $ 122,024
Schedule of Goodwill	The change in goodwill during the three months ended April 30, 2024 consisted of the following (in thousands): Amounts Goodwill as of January 31, 2024 $ 638,041 Goodwill acquired (1) 83,982 Foreign currency translation (50) Goodwill as of April 30, 2024 $ 721,973 (1) Goodwill acquired resulted from the acquisition of Flow Security. Refer to Note 9 for additional information.
Schedule of Accrued Expenses	Accrued expenses consisted of the following (in thousands): April 30, 2024 January 31, 2024 Web hosting services $ 34,878 $ 40,706 Accrued marketing 15,694 14,623 Other accrued expenses 13,525 13,512 Accrued professional services 11,295 11,867 Accrued partner commissions 10,378 13,584 Accrued health benefits and claims 5,885 5,039 Accrued purchases of property and equipment 5,711 16,190 Accrued interest expense 4,750 10,375 Accrued expenses $ 102,116 $ 125,896
Schedule of Accrued Payroll and Benefits	Accrued payroll and benefits consisted of the following (in thousands): April 30, 2024 January 31, 2024 Accrued commissions $ 84,602 $ 116,870 Employee Stock Purchase Plan 49,959 22,315 Accrued payroll and related expenses 46,229 58,579 Accrued bonuses 35,905 36,860 Accrued payroll and benefits $ 216,695 $ 234,624

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
Stock-Based Compensation (Tables)	Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Stock Option Activity	The following table is a summary of stock option activity for the three months ended April 30, 2024: Number of Weighted-Average (in thousands) Options outstanding at January 31, 2024 1,754 $ 9.37 Granted 14 $ 3.25 Exercised (92) $ 8.96 Canceled (6) $ 66.67 Options outstanding at April 30, 2024 1,670 $ 9.32 Options vested and expected to vest at April 30, 2024 1,670 $ 9.32 Options exercisable at April 30, 2024 1,543 $ 9.09
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Performance Stock Unit, and Special Performance Stock Unit Award, Activity	The following table is a summary of RSUs, PSUs and the Special PSU Awards activities for the three months ended April 30, 2024: Number of Weighted- (in thousands) RSUs and PSUs outstanding at January 31, 2024 10,968 $ 167.84 Granted 1,769 $ 302.26 Released (1,224) $ 143.19 Performance adjustment (1) 241 $ 132.83 Forfeited (244) $ 188.52 RSUs and PSUs outstanding at April 30, 2024 11,510 $ 189.94 RSUs and PSUs expected to vest at April 30, 2024 (2) 10,719 $ 186.57 (1) The performance adjustment represents adjustments in shares outstanding due to the actual achievement of performance-based awards, the achievement of which was based upon pre-defined financial performance targets. (2) Excludes in progress PSUs and Special PSUs where pre-defined targets have not yet been achieved.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The following table summarizes the assumptions used in the Black-Scholes option-pricing model to determine the fair value of employee stock purchase rights granted under the Company’s ESPP: Three Months Ended April 30, 2024 2023 Expected term (in years) 0.5 – 2.0 0.5 – 2.0 Risk-free interest rate 0.2% – 5.3% 0.2% – 4.7% Expected stock price volatility 40.8% – 61.2% 50.2% – 61.2% Dividend yield — % — %
Schedule of Stock-Based Compensation Expense	Stock-based compensation expense included in the condensed consolidated statements of operations is as follows (in thousands): Three Months Ended April 30, 2024 2023 Subscription cost of revenue $ 13,916 $ 8,966 Professional services cost of revenue 6,273 4,630 Sales and marketing 52,258 35,739 Research and development 66,742 44,381 General and administrative 43,936 37,140 Total stock-based compensation expense $ 183,125 $ 130,856

Revenue, Deferred Revenue and_2

Revenue, Deferred Revenue and Remaining Performance Obligations (Tables)	3 Months Ended
	Apr. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following table summarizes revenue by region based on the shipping address of customers who have contracted to use the Company’s platform or service (in thousands, except percentages): Three Months Ended April 30, 2024 2023 Amount % Revenue Amount % Revenue United States $ 630,026 68 % $ 474,825 69 % Europe, Middle East, and Africa 141,612 15 % 104,552 15 % Asia Pacific 93,462 10 % 72,219 10 % Other 55,936 7 % 40,984 6 % Total revenue $ 921,036 100 % $ 692,580 100 %
Schedule of Changes in Deferred Revenue	Changes in deferred revenue were as follows (in thousands): Three Months Ended April 30, 2024 2023 Carrying Amount Beginning balance $ 3,054,099 $ 2,355,113 Additions to deferred revenue 936,316 741,258 Recognition of deferred revenue (921,036) (692,580) Ending balance $ 3,069,379 $ 2,403,791
Schedule of Capitalized Contract Cost	The following table summarizes the activity of deferred contract acquisition costs (in thousands): Three Months Ended April 30, 2024 2023 Beginning balance $ 582,303 $ 447,088 Capitalization of contract acquisition costs 66,480 49,532 Amortization of deferred contract acquisition costs (74,128) (55,322) Ending balance $ 574,655 $ 441,298 Deferred contract acquisition costs, current $ 244,651 $ 186,901 Deferred contract acquisition costs, noncurrent 330,004 254,397 Total deferred contract acquisition costs $ 574,655 $ 441,298

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
Commitments and Contingencies (Tables)	Apr. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Noncancelable Purchase Obligations	of April 30, 2024, with expected date of payment is as follows (in thousands): Total Fiscal 2025 (remaining nine months) $ 334,375 Fiscal 2026 473,071 Fiscal 2027 444,422 Fiscal 2028 453,175 Fiscal 2029 440,841 Thereafter 414,827 Total purchase commitments $ 2,560,711

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
Acquisitions (Tables)	Apr. 30, 2024
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition (dollars in thousands): Fair Value Useful Life (in months) Developed technology $ 29,900 72 Customer relationships 5,000 96 Total intangible assets acquired $ 34,900

Net Income Per Share Attribut_2

Net Income Per Share Attributable to Common Stockholders (Tables)	3 Months Ended
	Apr. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted net income per share attributable to CrowdStrike common stockholders (in thousands, except per share data): Three Months Ended April 30, 2024 2023 Numerator: Net income attributable to Class A and Class B CrowdStrike common stockholders $ 42,820 $ 491 Denominator: Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, basic 242,389 236,414 Dilutive effect of common stock equivalents 7,775 4,184 Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, dilutive 250,164 240,598 Net income per share attributable to Class A and Class B CrowdStrike common stockholders, basic $ 0.18 $ 0.00 Net income per share attributable to Class A and Class B CrowdStrike common stockholders, diluted $ 0.17 $ 0.00
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The potential shares of common stock that were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows (in thousands): April 30, 2024 April 30, 2023 RSUs and PSUs subject to future vesting 118 5,832 Shares of common stock issuable from stock options 1 3 Share purchase rights under the Employee Stock Purchase Plan — 1,020 Potential common shares excluded from diluted net income per share 119 6,855

Investments and Fair Value Me_3

Investments and Fair Value Measurements - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Assets
Short-term investments	$ 0	$ 99,591
Recurring
Assets
Total assets	3,436,616	3,155,634
Recurring \| Level 1
Assets
Total assets	1,943,124	2,362,444
Recurring \| Level 2
Assets
Total assets	1,493,492	793,190
Recurring \| Level 3
Assets
Total assets	0	0
Recurring \| Money market funds
Assets
Cash equivalents	1,940,184	2,360,173
Recurring \| Money market funds \| Level 1
Assets
Cash equivalents	1,940,184	2,360,173
Recurring \| Money market funds \| Level 2
Assets
Cash equivalents	0	0
Recurring \| Money market funds \| Level 3
Assets
Cash equivalents	0	0
Recurring \| U.S. Treasury securities
Assets
Cash equivalents	1,493,492	693,599
Short-term investments	0	99,591
Recurring \| U.S. Treasury securities \| Level 1
Assets
Cash equivalents	0	0
Short-term investments	0	0
Recurring \| U.S. Treasury securities \| Level 2
Assets
Cash equivalents	1,493,492	693,599
Short-term investments	0	99,591
Recurring \| U.S. Treasury securities \| Level 3
Assets
Cash equivalents	0	0
Short-term investments	0	0
Recurring \| Deferred compensation investments
Assets
Other assets	2,940	2,271
Recurring \| Deferred compensation investments \| Level 1
Assets
Other assets	2,940	2,271
Recurring \| Deferred compensation investments \| Level 2
Assets
Other assets	0	0
Recurring \| Deferred compensation investments \| Level 3
Assets
Other assets	$ 0	$ 0

Investments and Fair Value Me_4

Investments and Fair Value Measurements - Carrying Values for Publicly Traded and Privately Held Equity Securities (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial total cost	$ 53,548	$ 51,373
Cumulative net gains	4,871	4,871
Carrying amount, end of period	58,419	56,244
Privately held equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial total cost	52,548	50,373
Cumulative net gains	4,871	4,871
Carrying amount, end of period	57,419	55,244
Privately held debt and other securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial total cost	1,000	1,000
Cumulative net gains	0	0
Carrying amount, end of period	$ 1,000	$ 1,000

Investments and Fair Value Me_5

Investments and Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 30, 2024	Jan. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative net gains	$ 4,871	$ 4,871
Privately held equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cumulative net gains	4,871	4,871
Upward price adjustment	9,300	9,300
Downward price adjustment	$ 4,400	$ 4,400

Investments and Fair Value Me_6

Investments and Fair Value Measurements - Strategic Investments (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Strategic Investments [Roll Forward]
Realized gains recognized on sales of privately held equity securities	$ 6,881	$ 0
Gains on strategic investments	$ 6,881	$ 0

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,007,671	$ 958,438
Less: Accumulated depreciation and amortization	(380,290)	(338,266)
Property and equipment, net	627,381	620,172
Data center and other computer equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	587,668	525,890
Capitalized internal-use software and website development costs
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	207,850	183,117
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	40,197	39,168
Purchased software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	13,380	10,907
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,932	8,524
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 149,644	$ 190,832

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Jan. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Depreciation and amortization	$ 42,700,000	$ 26,400,000
Impairment of property and equipment	0	0
Capitalized amount of internal use software	17,500,000	16,600,000
Amortization expense associated with internal use software	12,800,000	7,500,000
Net book value of capitalized internal use software	111,600,000		$ 106,900,000
Amortization of intangible assets	$ 5,995,000	$ 4,174,000
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful lives	2 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful lives	20 years
Data center and other computer equipment
Finite-Lived Intangible Assets [Line Items]
Equipment purchased but not yet placed into service	$ 133,600,000

Balance Sheet Components - Inta

Balance Sheet Components - Intangible Assets, Net (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 30, 2024	Jan. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 177,703	$ 164,215
Accumulated Amortization	55,679	49,697
Net Amount	122,024	114,518
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	144,839	131,346
Accumulated Amortization	46,888	41,854
Net Amount	$ 97,951	$ 89,492
Weighted-Average Remaining Useful Life	59 months	60 months
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 17,022	$ 17,027
Accumulated Amortization	6,422	5,825
Net Amount	$ 10,600	$ 11,202
Weighted-Average Remaining Useful Life	66 months	68 months
Intellectual property and other acquired intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 15,842	$ 15,842
Accumulated Amortization	2,369	2,018
Net Amount	$ 13,473	$ 13,824
Weighted-Average Remaining Useful Life	121 months	123 months

Balance Sheet Components - Futu

Balance Sheet Components - Future Amortization Expense (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Fiscal 2025 (remaining nine months)	$ 19,003
2026	24,240
2027	22,064
2028	21,577
2029	18,823
Thereafter	16,317
Net Amount	$ 122,024	$ 114,518

Balance Sheet Components - Good

Balance Sheet Components - Goodwill Rollforward (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2024 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 638,041
Foreign currency translation	(50)
Goodwill, ending balance	721,973
Bionic
Goodwill [Roll Forward]
Goodwill acquired	$ 83,982

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Web hosting services	$ 34,878	$ 40,706
Accrued marketing	15,694	14,623
Other accrued expenses	13,525	13,512
Accrued professional services	11,295	11,867
Accrued partner commissions	10,378	13,584
Accrued health benefits and claims	5,885	5,039
Accrued purchases of property and equipment	5,711	16,190
Accrued interest expense	4,750	10,375
Accrued expenses	$ 102,116	$ 125,896

Balance Sheet Components - Ac_2

Balance Sheet Components - Accrued Payroll and Benefits (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Jan. 31, 2024
Accrued Payroll and Benefits
Accrued commissions	$ 84,602	$ 116,870
Accrued payroll and related expenses	46,229	58,579
Accrued bonuses	35,905	36,860
Employee Stock Purchase Plan	49,959	22,315
Accrued payroll and benefits	$ 216,695	$ 234,624

Debt (Details)

Debt (Details)			3 Months Ended
Debt (Details)	Jan. 06, 2022	Jan. 20, 2021 USD ($)	Apr. 30, 2024 USD ($)	Apr. 30, 2023 USD ($)	Jan. 31, 2024 USD ($)	Jan. 04, 2021 USD ($)	Apr. 30, 2019 USD ($)
A&R Credit Agreement
Line of Credit Facility [Line Items]
Minimum interest coverage ratio			3
Maximum total leverage ratio			5.50
Maximum total leverage ratio, stepped down			3.50
A&R Credit Agreement \| Minimum
Line of Credit Facility [Line Items]
Commitment fee	0.15%
A&R Credit Agreement \| Maximum
Line of Credit Facility [Line Items]
Commitment fee	0.25%
3.00% Senior Notes \| Senior Notes
Line of Credit Facility [Line Items]
Aggregate principal amount		$ 750,000,000
Stated interest rate		3%
Percentage of original principal amount		40%
Proceeds from issuance of senior notes, net of debt financing costs		$ 738,000,000
Payment for underwriting commissions		9,400,000
Payments of financing costs		$ 2,600,000
Interest expense, amortization of debt issuance costs and accretion of debt discount			$ 6,000,000	$ 6,000,000
Debt instrument, fair value			658,300,000		$ 671,200,000
3.00% Senior Notes \| Senior Notes \| Debt Instrument, Redemption, Period Two
Line of Credit Facility [Line Items]
Redemption percentage		101.50%
3.00% Senior Notes \| Senior Notes \| Debt Instrument, Redemption, Period Three
Line of Credit Facility [Line Items]
Redemption percentage		100.75%
3.00% Senior Notes \| Senior Notes \| Debt Instrument, Redemption, Period Four
Line of Credit Facility [Line Items]
Redemption percentage		100%
3.00% Senior Notes \| Senior Notes \| Debt Instrument, Redemption, Period Five
Line of Credit Facility [Line Items]
Redemption percentage		101%
3.00% Senior Notes \| Senior Notes \| Plus "Make Whole" Premium \| Debt Instrument, Redemption, Period One
Line of Credit Facility [Line Items]
Redemption percentage		100%
3.00% Senior Notes \| Senior Notes \| Proceeds From Equity Offering, Provided Principal Amount of Redemptions Does Not Exceed 40% \| Debt Instrument, Redemption, Period One
Line of Credit Facility [Line Items]
Redemption percentage		103%
Revolving Line of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity							$ 150,000,000
Unused standby letter of credit			$ 0		$ 0
Revolving Line of Credit \| A&R Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity						$ 750,000,000
Incremental borrowing facility						250,000,000
Letter of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity							10,000,000
Letter of Credit \| A&R Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity						100,000,000
Swingline
Line of Credit Facility [Line Items]
Maximum borrowing capacity							$ 10,000,000
Swingline \| A&R Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity						$ 50,000,000
ABR Loans \| A&R Credit Agreement \| Federal Funds Rate
Line of Credit Facility [Line Items]
Margin	0.50%
ABR Loans \| A&R Credit Agreement \| Eurodollar Rate
Line of Credit Facility [Line Items]
Margin	1%
ABR Loans \| A&R Credit Agreement \| Eurodollar Rate \| Minimum
Line of Credit Facility [Line Items]
Margin	(0.25%)
ABR Loans \| A&R Credit Agreement \| Eurodollar Rate \| Maximum
Line of Credit Facility [Line Items]
Margin	0.25%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Apr. 30, 2024	Apr. 30, 2023	Jan. 31, 2024
Income Tax Disclosure [Abstract]
Income tax expense	$ 7,667	$ 4,409
Effective tax rate	14.20%	89.80%
Gross unrecognized tax benefits	$ 79,500		$ 58,900
Unrecognized tax benefits including interest and penalties that would affect effective tax rate	13,500		12,700
Interest and penalties	$ 1,700		$ 1,400

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		12 Months Ended
	May 31, 2019 purchase_period shares	Apr. 30, 2024 USD ($) installment change_in_contribution tranche $ / shares shares	Apr. 30, 2023 USD ($) shares	Jan. 31, 2024 USD ($) shares	Jan. 31, 2023 day installment shares	May 31, 2021 shares
Stock Based Compensation
Options unvested (in shares) \| shares		87,998
Aggregate intrinsic value of options vested and exercisable		$ 437,500		$ 451,000
Weighted-average remaining contractual term of options vested and exercisable (in years)		4 years		4 years 2 months 12 days
Weighted-average grant date fair value of options granted (in usd per share) \| $ / shares		$ 325.22
Total intrinsic value of options exercised		$ 28,500	$ 45,100
Aggregate intrinsic value of stock options outstanding		$ 473,000		$ 496,700
Weighted-average remaining contractual term of stock options outstanding (in years)		4 years 1 month 6 days		4 years 3 months 18 days
Total unrecognized stock-based compensation expenses related to unvested options		$ 7,300
Common stock shares issued, early exercised stock options (in shares) \| shares		0	0
Employee payroll contributions accrued		$ 216,695		$ 234,624
Stock Options
Stock Based Compensation
Expected to be amortized over weighted-average vesting period (in years)		1 year
Number of shares of common stock related to early exercised stock options subject to repurchase (in shares) \| shares		0		0
Service-based Vesting
Stock Based Compensation
Number of vesting schedules \| tranche		4
Vesting percentage		25%
Service-based Vesting \| Vesting One
Stock Based Compensation
Number of quarterly installments \| installment		12
Vesting percentage		10%
Service-based Vesting \| Vesting Two
Stock Based Compensation
Number of quarterly installments \| installment		16
Vesting percentage		15%
Service-based Vesting \| Vesting Three
Stock Based Compensation
Number of quarterly installments \| installment		8
Vesting percentage		25%
Service-based Vesting \| Vesting Four
Stock Based Compensation
Number of quarterly installments \| installment		16
Vesting percentage		50%
RSUs
Stock Based Compensation
Expected to be amortized over weighted-average vesting period (in years)		2 years 9 months 18 days
Total unrecognized stock-based compensation expenses related to unvested RSUs/PSUs		$ 1,700,000
PSUs
Stock Based Compensation
Expected to be amortized over weighted-average vesting period (in years)		1 year 6 months
Total unrecognized stock-based compensation expenses related to unvested RSUs/PSUs		$ 167,800
Threshold consecutive trading days \| day					45
Special PSUs
Stock Based Compensation
Expected to be amortized over weighted-average vesting period (in years)		1 year
Number of quarterly installments \| installment					4
Total unrecognized stock-based compensation expenses related to unvested RSUs/PSUs		$ 25,300
Historical volatility rate, weight					50%
Implied volatility rate, weight					50%
Special PSUs \| Minimum
Stock Based Compensation
Risk-free interest rate					0.85%
Expected stock price volatility					54.89%
Look back period					2 years 2 months 15 days
Special PSUs \| Maximum
Stock Based Compensation
Risk-free interest rate					1.51%
Expected stock price volatility					55.36%
Look back period					2 years 6 months 29 days
Special PSUs \| Vesting One
Stock Based Compensation
Vesting percentage					50%
Special PSUs \| Vesting Two
Stock Based Compensation
Vesting percentage					12.50%
Special PSUs \| Vesting Three
Stock Based Compensation
Vesting percentage					12.50%
Special PSUs \| Vesting Four
Stock Based Compensation
Vesting percentage					12.50%
Special PSUs \| Vesting Five
Stock Based Compensation
Vesting percentage					12.50%
Special PSUs \| Executive Officer
Stock Based Compensation
Granted (in shares) \| shares					655,000
Employee Stock Purchase Plan
Stock Based Compensation
Threshold percentage of outstanding shares	1%
Look back period	2 years
Offering period	24 months
Number of purchase periods \| purchase_period	4
Duration of purchase periods	6 months
Percentage of eligible compensation	15%
Maximum number of shares each participant can purchase during purchase period (in shares) \| shares	2,500
Purchase price, threshold percentage of fair market value	85%
Number of increases in contribution \| change_in_contribution		1
Employee payroll contributions accrued		$ 50,000		$ 22,300
Employee Stock Purchase Plan \| Minimum
Stock Based Compensation
Risk-free interest rate		0.20%	0.20%
Expected stock price volatility		40.80%	50.20%
Employee Stock Purchase Plan \| Maximum
Stock Based Compensation
Risk-free interest rate		5.30%	4.70%
Expected stock price volatility		61.20%	61.20%
Class A common stock \| Employee Stock Purchase Plan
Stock Based Compensation
Maximum number of shares of common stock that may be issued (in shares) \| shares	3,500,000
Maximum number of additional shares of common stock that may be issued (in shares) \| shares						5,000,000
Duration of purchase periods	6 months
2019 Plan \| Class A common stock
Stock Based Compensation
Maximum number of shares of common stock that may be issued (in shares) \| shares	8,750,000
Threshold percentage of outstanding shares	2%

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Details) shares in Thousands	3 Months Ended
	Apr. 30, 2024 $ / shares shares
Number of Shares
Options outstanding at beginning of period (in shares) \| shares	1,754
Granted (in shares) \| shares	14
Exercised (in shares) \| shares	(92)
Canceled (in shares) \| shares	(6)
Options outstanding at end of period (in shares) \| shares	1,670
Options vested and expected to vest at end of period (in shares) \| shares	1,670
Options exercisable at end of period (in shares) \| shares	1,543
Weighted-Average Exercise Price Per Share
Options outstanding at beginning of period (in usd per share) \| $ / shares	$ 9.37
Granted (in usd per share) \| $ / shares	3.25
Exercised (in usd per share) \| $ / shares	8.96
Canceled (in usd per share) \| $ / shares	66.67
Options outstanding at end of period (in usd per share) \| $ / shares	9.32
Options vested and expected to vest at end of period (in usd per share) \| $ / shares	9.32
Options exercisable at end of period (in usd per share) \| $ / shares	$ 9.09

Stock-Based Compensation - RSU,

Stock-Based Compensation - RSU, PSU and Special PSU Activity (Details) - Share-Based Compensation Award, Other than Stock Options shares in Thousands	3 Months Ended
	Apr. 30, 2024 $ / shares shares
Number of Shares
RSUs and PSUs outstanding at beginning of period (in shares) \| shares	10,968
Granted (in shares) \| shares	1,769
Released (in shares) \| shares	(1,224)
Performance adjustment (in shares) \| shares	241
Forfeited (in shares) \| shares	(244)
RSUs and PSUs outstanding at end of period (in shares) \| shares	11,510
RSUs and PSUs expected to vest (in shares) \| shares	10,719
Weighted- Average Grant Date Fair Value Per Share
RSUs and PSUs outstanding at beginning of period (in usd per share) \| $ / shares	$ 167.84
Granted (in usd per share) \| $ / shares	302.26
Vested (in usd per share) \| $ / shares	143.19
Performance adjustment (in usd per share) \| $ / shares	132.83
Forfeited (in usd per share) \| $ / shares	188.52
RSUs and PSUs outstanding at end of period (in usd per share) \| $ / shares	189.94
RSUs and PSUs expected to vest (in usd per share) \| $ / shares	$ 186.57

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions (Details) - Employee Stock Purchase Plan	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Stock Based Compensation
Dividend yield	0%	0%
Minimum
Stock Based Compensation
Expected term (in years)	6 months	6 months
Risk-free interest rate	0.20%	0.20%
Expected stock price volatility	40.80%	50.20%
Maximum
Stock Based Compensation
Expected term (in years)	2 years	2 years
Risk-free interest rate	5.30%	4.70%
Expected stock price volatility	61.20%	61.20%

Stock-Based Compensation - Expe

Stock-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 183,125	$ 130,856
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	52,258	35,739
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	66,742	44,381
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	43,936	37,140
Subscription \| Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	13,916	8,966
Professional services \| Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 6,273	$ 4,630

Revenue, Deferred Revenue and_3

Revenue, Deferred Revenue and Remaining Performance Obligations - Revenue from Contracts by Type and Region (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Disaggregation of Revenue [Line Items]
Total revenue	$ 921,036	$ 692,580
Percentage of revenue	100%	100%
United States
Disaggregation of Revenue [Line Items]
Total revenue	$ 630,026	$ 474,825
Percentage of revenue	68%	69%
Europe, Middle East, and Africa
Disaggregation of Revenue [Line Items]
Total revenue	$ 141,612	$ 104,552
Percentage of revenue	15%	15%
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenue	$ 93,462	$ 72,219
Percentage of revenue	10%	10%
Other
Disaggregation of Revenue [Line Items]
Total revenue	$ 55,936	$ 40,984
Percentage of revenue	7%	6%

Revenue, Deferred Revenue and_4

Revenue, Deferred Revenue and Remaining Performance Obligations - Additional Information (Details) - USD ($)	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Contract with Customer, Liability [Line Items]
Revenue included in the contract liability balance	$ 792,200,000	$ 596,400,000
Transaction price allocated to remaining performance obligations	$ 4,700,000,000
Commission amortization period	4 years
Professional services contract amortization	6 months
Impairment loss	$ 0	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-05-01
Contract with Customer, Liability [Line Items]
Remaining performance obligation, percentage	60%
Subscription term	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-05-01
Contract with Customer, Liability [Line Items]
Remaining performance obligation, percentage	39%
Minimum
Contract with Customer, Liability [Line Items]
Payment terms	30 days
Subscription term	1 year
Minimum \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-05-01
Contract with Customer, Liability [Line Items]
Subscription term	13 months
Maximum
Contract with Customer, Liability [Line Items]
Payment terms	60 days
Subscription term	3 years
Maximum \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-05-01
Contract with Customer, Liability [Line Items]
Subscription term	36 months

Revenue, Deferred Revenue and_5

Revenue, Deferred Revenue and Remaining Performance Obligations - Changes in Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Movement in Deferred Revenue [Roll Forward]
Beginning balance	$ 3,054,099	$ 2,355,113
Additions to deferred revenue	936,316	741,258
Recognition of deferred revenue	(921,036)	(692,580)
Ending balance	$ 3,069,379	$ 2,403,791

Revenue, Deferred Revenue and_6

Revenue, Deferred Revenue and Remaining Performance Obligations - Deferred Contract Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Jan. 31, 2024
Movement in Deferred Contract Acquisition Costs [Roll Forward]
Beginning balance	$ 582,303	$ 447,088
Capitalization of contract acquisition costs	66,480	49,532
Amortization of deferred contract acquisition costs	(74,128)	(55,322)
Ending balance	574,655	441,298
Deferred contract acquisition costs, current	244,651	186,901	$ 246,370
Deferred contract acquisition costs, noncurrent	330,004	254,397	335,933
Total deferred contract acquisition costs	$ 574,655	$ 441,298	$ 582,303

Commitments and Contingencies -

Commitments and Contingencies - Purchase Obligations (Details) $ in Thousands	Apr. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Fiscal 2025 (remaining nine months)	$ 334,375
2026	473,071
2027	444,422
2028	453,175
2029	440,841
Thereafter	414,827
Total purchase commitments	$ 2,560,711

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Details)	1 Months Ended
	Sep. 30, 2022 patent	May 31, 2022 patent	Mar. 31, 2022 patent	Apr. 30, 2024 USD ($)	Jan. 31, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Number of patents allegedly infringed upon by company	6		6
Number of patents allegedly infringed upon by counterparty		2
Liabilities accrued \| $				$ 0	$ 0

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details)			3 Months Ended	12 Months Ended
Acquisitions - Additional Information (Details)	Mar. 26, 2024 USD ($)	Sep. 28, 2023 USD ($)	Apr. 30, 2024 USD ($) reporting_unit	Jan. 31, 2024 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill			$ 721,973,000	$ 638,041,000
Number of reporting units \| reporting_unit			1
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life			59 months	60 months
Flow Security
Acquired Finite-Lived Intangible Assets [Line Items]
Voting equity interest acquired	100%
Equity consideration for acquisitions	$ 96,400,000
Cash acquired from acquisition	800,000
Fair value of replacement equity awards	500,000
Fair value	13,500,000
Net tangible assets acquired	600,000
Goodwill	$ 84,000,000
Acquisition costs			$ 2,500,000
Flow Security \| Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life	72 months
Bionic
Acquired Finite-Lived Intangible Assets [Line Items]
Voting equity interest acquired		100%
Equity consideration for acquisitions		$ 239,000,000
Cash acquired from acquisition		25,700,000
Fair value of replacement equity awards		700,000
Fair value		34,900,000
Net tangible assets acquired		2,700,000
Goodwill		207,500,000
Acquisition costs			$ 0
Bionic \| Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value		$ 29,900,000
Useful life		72 months

Acquisitions - Identifiable Int

Acquisitions - Identifiable Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Sep. 28, 2023	Apr. 30, 2024	Jan. 31, 2024
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Useful Life		59 months	60 months
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Useful Life		66 months	68 months
Bionic
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 34,900
Bionic \| Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 29,900
Useful Life	72 months
Bionic \| Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 5,000
Useful Life	96 months

Net Income Per Share Attribut_3

Net Income Per Share Attributable to Common Stockholders - Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Numerator:
Net income attributable to Class A and Class B CrowdStrike common stockholders	$ 42,820	$ 491
Denominator:
Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, basic (in shares)	242,389	236,414
Dilutive effect of common stock equivalents (in shares)	7,775	4,184
Weighted-average shares used in computing net income per share attributable to Class A and Class B of CrowdStrike common stockholders, dilutive (in shares)	250,164	240,598
Net income per share attributable to Class A and Class B CrowdStrike common stockholders, basic (in usd per share)	$ 0.18	$ 0
Net income per share attributable to Class A and Class B CrowdStrike common stockholders, diluted (in usd per share)	$ 0.17	$ 0

Net Income Per Share Attribut_4

Net Income Per Share Attributable to Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Apr. 30, 2024	Apr. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares excluded from diluted net income per share (in shares)	119	6,855
RSUs and PSUs subject to future vesting
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares excluded from diluted net income per share (in shares)	118	5,832
Shares of common stock issuable from stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares excluded from diluted net income per share (in shares)	1	3
Share purchase rights under the Employee Stock Purchase Plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares excluded from diluted net income per share (in shares)	0	1,020

Net Income Per Share Attribut_5

Net Income Per Share Attributable to Common Stockholders - Additional Information (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Apr. 30, 2024 USD ($) $ / shares shares
Earnings Per Share [Abstract]
Contingent consideration related to business combinations \| $	$ 21.1
Shares issued	2,745
Weighted average price (in usd per share) \| $ / shares	$ 296.33
Weighted average shares (in shares)	636,595