CrowdStrike Holdings, Inc.

Company facts

Industry

Services-Prepackaged Software

Headquarters

Austin, Texas

Most recent report

10-Q, filed Aug 27, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 1535527

Fiscal year ends

January

Filer status

Large accelerated filer

What to read: Jul 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 3 positive, 5 notable, and 7 negative flags.

• Financial Statements (Item 1)

  Full financial statements with profitability turnaround and large M&A.
  Notable

  • Change in estimate for deferred contract acquisition costs from 4 to 5 years reduced expense by $53.4M in H1 2026.
  • Goodwill nearly doubled to $2.25B from $1.36B due to $955M cash acquisitions of SGNL and Seraphic in H1 2026.
  Negative

  • Delta Airlines lawsuit still active; motion to dismiss only partially granted, discovery ongoing.
  • Non-cancelable purchase obligations total $4.14B as of July 31, 2026, with $2.9B additional committed after period.

• Management's Discussion (Item 2)

  MD&A with real results, risk update, and a critical estimate change.
  Positive

  • ARR grew 25% year-over-year to $5.84B, accelerating from 20% last year.
  • Total revenue up 26% to $1.47B in Q2; subscription up 27% to $1.40B.
  • Operating cash flow more than doubled to $1.12B in H1 2026 from $717M in H1 2025.
  Notable

  • Repurchased $175.6M of common stock in H1 2026; first material buyback in the filing period.
  Negative

  • July 19 Incident still delays sales cycles and lengthens decisions; future churn and revenue impact expected.

• Risk Factors (Item 1A)

  July 19 Incident dominates; plus net losses, lawsuits, $1.2B deficit.
  Notable

  • International revenue grew to 35% of total in the six months ended July 31, 2026, up from 32% in FY2024.
  • Indebtedness of $750.0 million principal outstanding as of July 31, 2026.
  Negative

  • July 19 Incident caused system crashes, customer churn, lawsuits, and significant ongoing costs.
  • Net losses of $162.5M in FY2026 and $15.2M in FY2025; net income of $72.2M in FY2024.
  • Accumulated deficit of $1.2 billion as of July 31, 2026.
  • Securities litigation from the July 19 Incident is currently pending.

What changed: Jul 2026 vs. Apr 2026

About 8% of CRWD's Jul 2026 10-Q is new information. 64 paragraphs were added, 222 changed, and 27 removed. Below are the most important lines SECSift identified.

• Item 1 107
• Item 2 73
• Item 1A 30
• Item 5 13
• Item 3 5
• Item 6 2
• Item 4 1