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Jan 31, 2020
Crowdstrike Q4 2020 Earnings Report
Achieved record ARR and delivered positive cash flow.
Key Takeaways
CrowdStrike reported a strong fourth quarter and fiscal year 2020, with ARR reaching $600 million and positive cash flow from operations and free cash flow for the quarter and year.
Total revenue was $152.1 million, an 89% increase year-over-year.
ARR increased 92% year-over-year, reaching $600.5 million.
GAAP subscription gross margin was 75%, compared to 70% in the fourth quarter of fiscal 2019.
Free cash flow was positive $50.7 million, compared to negative $0.1 million in the fourth quarter of fiscal 2019.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
CrowdStrike is providing the following guidance for the first quarter of fiscal 2021 (ending April 30, 2020) and guidance for fiscal year 2021 (ending January 31, 2021):
Positive Outlook
- Q1 FY21 Total revenue $164.3 - $167.6 million
- Q1 FY21 Non-GAAP loss from operations $(16.2) - $(13.9) million
- Q1 FY21 Non-GAAP net loss $(14.0) - $(11.7) million
- Q1 FY21 Non-GAAP net loss per share, basic and diluted $(0.07) - $(0.06)
- Q1 FY21 Weighted average shares used in computing non-GAAP net loss per share attributable to common stockholders, basic and diluted 211.3 million
Challenges Ahead
- Full Year FY21 Total revenue $723.3 - $733.5 million
- Full Year FY21 Non-GAAP loss from operations $(37.1) - $(29.9) million
- Full Year FY21 Non-GAAP net loss $(29.3) - $(22.1) million
- Full Year FY21 Non-GAAP net loss per share, basic and diluted $(0.14) - $(0.10)
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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