Aureus
FRed Flag

CrowdStrike Holdings, Inc.(CRWD)

F

Financial data as of Jan 31, 2026Declining · Technology

FCF Margin3.0%Free Cash Flow / Revenue
Cash Conversion—Operating CF / Net Income
Free Cash Flow$1.2B
Revenue$4.8B
Net Cash$4.4BCash exceeds debt
Debt / FCF5.7xElevated debt burden
Current Ratio1.77Adequate short-term liquidity
YoY FCF Growth-110.7%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-0.5Elevated debt-to-FCF ratio (5.7x)
→
-1Significant YoY FCF decline (-110.7%)
→
-0.5Highly volatile FCF (consistency: 1.24)
→
+0.25Solid revenue growth (25.8% YoY)
→
FinalF

Analysis Summary

Strengths

  • Net cash position ($4.4B)
  • Strong revenue growth (25.8% YoY)

Concerns

  • Low FCF margin (3.0%)
  • High debt-to-FCF ratio (5.7x)
  • Significant YoY FCF decline (-110.7%)
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (34% margin) but most is reinvestedCash conversion ratio unavailable or not meaningfulSBC-adjusted FCF used — $1.1B stock-based compensation (88% of reported FCF) subtracted

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin3.0%
Net Margin-3.4%
Operating CF Margin33.5%
CapEx Ratio7.7%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash$4.4BCash exceeds debt
Debt / FCF5.7xElevated debt burden
Current Ratio1.77Strong liquidity
Debt / Equity0.19Low leverage

Quarterly FCF Trend

-110.7% YoYDeclining (-110.7%)

Free cash flow per quarter

Sector Comparison — Technology

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameCrowdStrike Holdings, Inc.
SectorTechnology
Free Cash Flow$1.2B
Revenue$4.8B
Net Income-$162.5M
Operating Cash Flow$1.6B
Capital Expenditure$370.9M
FCF Margin3.0%
Cash Conversion Rate—
Net Margin-3.4%
Total Debt$820.1M
Total Cash$5.2B
Net Cash$4.4B
Current Ratio1.77
Debt / Equity0.19
Debt / FCF5.7x
YoY FCF Growth-110.7%
Positive Quarters4 of 5
Trend DirectionDeclining
Report DateJan 31, 2026
GradeF
Data SourceYahoo Finance