CrowdStrike Holdings Inc. (NASDAQ: CRWD)
Software - Infrastructure · Austin, TX, United States · Founded 2011
- Market capitalization: $75.0 billion
- Annual revenue: $3.5 billion
- Net income: $-0.16 billion
- Employees: 8,600
- Sector: Technology
- Headquarters: Austin, United States
- Founded: 2011
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CrowdStrike is the leader in cloud-native endpoint security, protecting over 29,000 subscription customers worldwide. Annual recurring revenue exceeds $3.4 billion, growing 30%+ year-over-year. The Falcon platform uses a single lightweight agent to provide endpoint detection, threat intelligence, and incident response. CrowdStrike has been taking share from legacy vendors like Symantec and McAfee for years. The company made global headlines in July 2024 — for the wrong reasons.
Pure subscription model — customers pay annually for Falcon platform modules. The land-and-expand strategy is working: customers adopt more modules over time, with the average customer using 5+ modules. Gross retention rates exceed 97%. The company is expanding beyond endpoint into cloud security, identity protection, and SIEM (log management), targeting a $100+ billion addressable market.
George Kurtz (former McAfee CTO) and Dmitri Alperovitch founded CrowdStrike in 2011. The company gained fame in 2016 when it identified Russian hackers behind the DNC breach. CrowdStrike went public in June 2019 at $34 per share. In July 2024, a faulty Falcon sensor update caused a global IT outage affecting 8.5 million Windows devices — one of the largest IT disruptions in history.
| Market Capitalization | $75.0B |
| Annual Revenue | $3.5B |
| Net Income | $-0.16B |
| Profit Margin | -5% |
| Revenue per Employee | $406977K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CRWD |
Financial data is approximate and based on most recent annual filings.
The July 2024 outage grounded flights, disrupted hospitals, and knocked out banking systems worldwide — all from a single bad content update to a security product. Despite the outage, customer churn remained remarkably low, suggesting the switching costs in cybersecurity are enormous. CrowdStrike's threat intelligence team has named and tracked nation-state hacking groups with colorful names like Fancy Bear, Cozy Bear, and Wicked Panda.
The July 2024 outage was a gut punch, but CrowdStrike's retention numbers prove the product is too embedded to rip out. The platform consolidation story is intact, and cybersecurity spending isn't discretionary.
What is CrowdStrike Holdings Inc.'s revenue?
CrowdStrike Holdings Inc. generates approximately $3.5 billion in annual revenue.
How many employees does CrowdStrike Holdings Inc. have?
CrowdStrike Holdings Inc. employs approximately 8,600 people worldwide.
What is CrowdStrike Holdings Inc.'s market cap?
CrowdStrike Holdings Inc. (CRWD) has a market capitalization of approximately $75.0 billion on the NASDAQ.
When was CrowdStrike Holdings Inc. founded?
CrowdStrike Holdings Inc. was founded in 2011 and is headquartered in Austin, TX, United States.
Who is the CEO of CrowdStrike Holdings Inc.?
George Kurtz is the current CEO of CrowdStrike Holdings Inc..
What is CrowdStrike Holdings Inc.'s website?
CrowdStrike Holdings Inc.'s official website is crowdstrike.com.
| CEO | George Kurtz |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Founded | 2011 |
| HQ | Austin, TX |
| Country | United States |
| Website | crowdstrike.com |
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