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CrowdStrike Holdings, Inc. (symbol: CRWD) is a premier player in the field of cloud-delivered cybersecurity solutions. Founded in 2011 and headquartered in Texas, CrowdStrike has distinguished itself by offering next-generation endpoint protection. The company's flagship product, the Falcon platform, provides a comprehensive, single-pane-of-glass view for enterprises to detect and respond to security threats effectively.
CrowdStrike has revolutionized cybersecurity by being the first and only company to unify next-generation antivirus (AV), endpoint detection and response (EDR), and a 24/7 managed hunting service—all through a single lightweight agent. This trifecta of services ensures robust protection against sophisticated threats and breaches.
The company boasts a diverse clientele that includes three of the 10 largest global companies by revenue, five of the top 10 financial institutions, three of the top 10 healthcare providers, and three of the top 10 energy companies. These partnerships attest to CrowdStrike's reliability and efficacy in the cybersecurity domain.
In 2019, CrowdStrike went public, marking a significant milestone in its journey. Since then, the company has continued to expand its offerings and improve its Falcon platform with cutting-edge features and capabilities. CrowdStrike's financial performance has reflected its growth trajectory, showing strong revenue growth and increased market adoption.
Explore more about CrowdStrike's innovations, partnerships, and services by visiting their official website or following them on Twitter. Stay updated with the latest developments through their blog.
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CrowdStrike (Nasdaq: CRWD) successfully completes IRAP and TISAX assessments, expanding industry-leading protection to the Australian Government and European automotive supply chain. This achievement follows recent certifications in Spain and the US, demonstrating CrowdStrike's commitment to complying with rigorous government and regulatory standards to ensure global customers have access to the best security platform to stop breaches.
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CrowdStrike (CRWD) named Leader in 2023 Gartner Magic Quadrant for Endpoint Protection Platforms, positioned furthest right for Completeness of Vision and highest for Ability to Execute. The AI-native CrowdStrike Falcon XDR platform is recognized as the definitive security platform for the modern era, showcasing market dominance and continuous innovation.
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Cybersecurity leader CrowdStrike (CRWD) and Optiv surpass the $1 billion milestone in sales of the AI-native CrowdStrike Falcon platform. The partnership accelerates cybersecurity transformation and modernization for global customers across industries like healthcare, retail, and financial services.
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CrowdStrike (CRWD) releases Falcon Data Protection, a modern, frictionless approach to data security that prevents adversary exfiltration and accidental leakage. The AI-native Falcon XDR platform unifies industry-leading protection across endpoints and data from a single, lightweight agent, liberating customers from legacy DLP products. With this latest offering, customers can consolidate costly and ineffective DLP point products with CrowdStrike’s single, revolutionary lightweight agent.
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CrowdStrike (Nasdaq: CRWD) ranked #3 in the 2023 Fortune Future 50 list, the only cybersecurity company in the top 20. Ending ARR surpassed $3 billion, making it the fastest pureplay cybersecurity software vendor to achieve this milestone. The company leverages generative AI to enhance cybersecurity, receiving industry recognition for its technology platform innovation and being named an industry best workplace.
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CrowdStrike (Nasdaq: CRWD) achieved the highest scores in the Current Offering and Strategy categories as per Forrester Research, Inc.'s report on Managed Detection and Response Services in Europe, Q4 2023. The report cites CrowdStrike's 'stellar MDR offering' backed by advanced XDR capabilities and a commitment to cybersecurity research, putting it ahead of its European peers. CrowdStrike has been named a Leader in both The Forrester Wave™: Managed Detection and Response Services In Europe, Q4 2023 and The Forrester Wave™: Managed Detection and Response, Q2 2023. According to the report, CrowdStrike received the highest scores possible in 13 of the 22 sub-criteria, showcasing its expertise in threat intelligence and incident response. CrowdStrike Falcon Complete, powered by the AI-native CrowdStrike Falcon® platform, provides 24/7 end-to-end managed detection, threat hunting, and full-cycle response, delivering speed and precision to stop breaches. The company recently demonstrated the efficacy of its approach in the first-ever closed book MITRE Engenuity ATT&CK® Evaluations for Security Service Providers, achieving the highest detection coverage out of the 16 vendors evaluated, detecting 75 of 76 adversary techniques. CrowdStrike also ranked #1 for revenue for a second consecutive year in Managed Detection and Response (MDR) in the Gartner® report: 'Market Share: Managed Security Services, Worldwide, 2022' and was recognized as a 'Customers' Choice' in the 2023 Gartner Peer Insights™ Voice of the Customer for Managed Detection and Response Service report.
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CrowdStrike (Nasdaq: CRWD) announced the opening of its new office in Singapore, doubling the capacity of the previous facilities, to serve as a central hub for CrowdStrike in Asia. The move highlights CrowdStrike’s regional investment and commitment to protecting organizations in Singapore and across Asia. The company reported $81 million of revenue in Asia Pacific (including Japan), a 36% year-over-year increase compared to the previous year's third quarter. APAC (including Japan) contributes to 10% of CrowdStrike's total revenue.
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CrowdStrike Holdings, Inc. (CRWD) to Present at Jefferies Cybersecurity Summit and Barclays Global Technology Conference
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CrowdStrike Holdings, Inc. (Nasdaq: CRWD) achieved record net new ARR of $223 million, growing 35% year-over-year to reach $3.15 billion. The company delivered record profitability and achieved record Q3 cash flow from operations and free cash flow. Total revenue was $786.0 million, a 35% increase, compared to the same quarter last year. CrowdStrike's GAAP income from operations was $3.2 million, compared to a loss of $56.4 million in Q3 of fiscal 2023. Non-GAAP income from operations was $175.7 million, compared to $89.7 million in the third quarter of fiscal 2023.
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CrowdStrike (CRWD) receives three 2023 Geo and Global AWS Partner Awards, including Public Sector Partner of the Year, State and Local Government Partner of the Year, and Non-Profit Partner of the Year. The awards recognize CrowdStrike's excellence in supporting the public sector, state and local governments, and non-profit organizations with innovative cloud-based solutions on Amazon Web Services (AWS).
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FAQ
What is the current stock price of CrowdStrike Holdings (CRWD)?
The current stock price of CrowdStrike Holdings (CRWD) is $362.29 as of December 20, 2024.
What is the market cap of CrowdStrike Holdings (CRWD)?
The market cap of CrowdStrike Holdings (CRWD) is approximately 89.7B.
What is CrowdStrike Holdings, Inc. known for?
CrowdStrike is known for its cloud-delivered next-generation endpoint protection, offering antivirus, endpoint detection and response, and managed hunting services.
When was CrowdStrike founded and when did it go public?
CrowdStrike was founded in 2011 and went public in 2019.
What is the Falcon platform?
The Falcon platform is CrowdStrike's comprehensive cybersecurity solution that provides a single-pane-of-glass view for detecting and responding to security threats.
Who are some of CrowdStrike’s major clients?
CrowdStrike's major clients include three of the 10 largest global companies, five of the top 10 financial institutions, three of the top 10 healthcare providers, and three of the top 10 energy companies.
How does CrowdStrike deliver its services?
CrowdStrike delivers its services through a single lightweight agent that unifies next-generation antivirus, endpoint detection and response, and a 24/7 managed hunting service.
Where can I find more information about CrowdStrike?
You can find more information on CrowdStrike's official website at https://www.crowdstrike.com/, follow them on Twitter @crowdstrike, or check their blog at https://www.crowdstrike.com/blog/.
What industries trust CrowdStrike for their cybersecurity needs?
Industries including finance, healthcare, and energy among others trust CrowdStrike for their cybersecurity needs.
What makes CrowdStrike’s endpoint protection unique?
CrowdStrike's endpoint protection is unique due to its integration of next-generation antivirus, endpoint detection and response, and a managed hunting service in a single agent.
How does CrowdStrike help in stopping breaches?
CrowdStrike helps in stopping breaches by providing real-time threat detection, investigation, and response through its Falcon platform.
What recent achievements has CrowdStrike made?
Recent achievements include expanding their client base, enhancing the Falcon platform, and demonstrating strong financial growth post their 2019 IPO.
CrowdStrike Holdings, Inc.
Nasdaq:CRWD
CRWD Rankings
CRWD Stock Data
89.70B
242.34M
1.04%
75.68%
3.4%
Software - Infrastructure
Services-prepackaged Software
United States of America
AUSTIN