Strong Revenue And Profitability

CrowdStrike Reports Impressive Financial Results for Fourth Quarter and Fiscal Year 2020

Strong Revenue and Profitability

Key Financial Metrics

• Fourth quarter revenue: $431.4 million, up 53% year-over-year
• Full-year revenue: $1.49 billion, up 53% year-over-year
• Adjusted earnings per share: $0.26 for the fourth quarter, up 125% year-over-year
• Adjusted earnings per share: $0.86 for the full year, up 114% year-over-year

CrowdStrike's financial performance for the fourth quarter and fiscal year 2020 was exceptionally strong. The company's revenue growth was driven by increasing demand for its cloud-based security platform.

CrowdStrike's adjusted earnings per share also saw significant growth, reflecting the company's strong profitability. The company's gross margin remained high at 76%, and its operating margin improved to 22%.

Accelerating ARR Growth

Key ARR Metrics

• Ending ARR: $1.344 billion, up 34% year-over-year
• Net new ARR growth: $343.8 million, up 27% year-over-year

CrowdStrike's annual recurring revenue (ARR) grew at an impressive pace in the fourth quarter and fiscal year 2020. Ending ARR reached $1.344 billion, representing a 34% increase year-over-year.

Net new ARR growth also accelerated to 27% year-over-year, indicating strong momentum in CrowdStrike's customer acquisition efforts.

Positive Outlook

CrowdStrike's management expressed optimism about the company's future prospects. For the 2025 fiscal year, the company expects adjusted earnings per share to be in the range of $3.61 to $3.65, and revenue is projected to be between $3.89 billion and $3.90 billion.

The company's strong financial performance and positive outlook are driven by the growing demand for its cloud-based security platform. CrowdStrike is well-positioned to continue growing its market share and delivering value to its customers.

Conclusion

CrowdStrike's fourth quarter and fiscal year 2020 financial results were exceptional, reflecting the company's strong execution and the growing demand for its cloud-based security platform. The company's accelerating ARR growth and positive outlook position it for continued success in the years to come.