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CRWDCrowdStrike

Technology · Software · Nasdaq

Founded in 2011, CrowdStrike reinvented cybersecurity for the cloud and artificial intelligence (“AI”) era and transformed the way cybersecurity is delivered and experienced by customers. 10-K, Item 1

Employees
10,698
Headquarters
Austin, TX
CEO
George Kurtz
Next results
around Dec 1, 2026
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What the 10-K filed 2026-03-05 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-03-10.

Big customers

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

“We derived approximately 33%, 32%, and 32% of our total revenue from our international customers for fiscal 2026, fiscal 2025, and fiscal 2024, respectively.”

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“There were no channel partners or direct customers who represented 10% or more of the Company’s accounts receivable as of January 31, 2026 and January 31, 2025.”

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“There were no channel partners or direct customers who represented 10% or more of the Company’s total revenue during the fiscal years ended January 31, 2026, January 31, 2025, and January 31, 2024.”

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Key suppliers

Parts or manufacturing that depend on one or a few suppliers.

“We rely on a limited number of suppliers for certain components of the equipment we use to operate our cloud platform.”

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“We rely on a limited number of suppliers for several components of the equipment we use to operate our cloud platform and provide services to our customers.”

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Lawsuits and legal claims

3 new

Pending cases, settlements and what the company has set aside for them.

“Regardless of the outcome, litigation can have an adverse impact on our business because of defense and settlement costs, diversion of management resources, and other factors.”

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“On July 30, 2024, a putative class action lawsuit was filed against the Company and certain of the Company’s officers in federal court in the Western District of Texas alleging violations of federal securities laws, including that the defendants made false or misleading statements.”

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New “On April 9, 2025, another derivative lawsuit was filed against certain of the Company’s officers and directors, and against the Company as nominal defendant, in federal court in the District of Delaware, asserting similar claims and seeking similar relief as the previously filed derivative lawsuits.”

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New “On April 10, 2025, two additional derivative lawsuits were filed against certain of the Company’s officers and directors, and against the Company as nominal defendant, in federal court in the Western District of Texas, asserting similar claims and seeking similar relief as the previously filed derivative lawsuits.”

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New “On July 3 and July 17, 2025, two additional derivative lawsuits were filed against certain of the Company’s officers and directors, and against the Company as a nominal defendant, in the Delaware Court of Chancery, asserting similar claims and seeking similar relief as the previously filed derivative lawsuits.”

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Guarantees and indemnities

Promises to pay someone else's debts or losses if they cannot.

No specific sentence about this in the 10-K.

Debt covenants

Conditions in loan agreements that, if broken, can make debt due early.

“The financial covenants required 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.”

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“As of January 31, 2026, the Company was in compliance with all of its financial covenants under the Indenture associated with the Senior Notes.”

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Commitments off the balance sheet

Contracts the company must pay for later: purchase obligations, take-or-pay deals.

“We have non-cancelable purchase commitments with various parties to purchase products and services entered in the normal course of business totaling $2.8 billion as of January 31, 2026, with remaining terms in excess of 12 months.”

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Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗

Work on CRWD in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CRWD/export.csv") into a cell.