Crowdstrike Holdings Inc (CRWD)
Gross profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,299,830 | 1,640,000 | 1,068,370 | 644,893 | 339,786 |
| Revenue | US$ in thousands | 3,178,730 | 2,278,910 | 1,434,060 | 877,164 | 489,971 |
| Gross profit margin | 72.35% | 71.96% | 74.50% | 73.52% | 69.35% |
January 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,299,830K ÷ $3,178,730K
= 72.35%
The gross profit margin of Crowdstrike Holdings Inc has shown a positive trend over the past five years. The company's gross profit margin has steadily increased from 69.35% in January 31, 2020 to 72.35% in the most recent fiscal year ending January 31, 2024. This indicates that the company has been able to effectively manage its cost of goods sold and generate a higher proportion of revenue as gross profit.
The consistent improvement in the gross profit margin reflects Crowdstrike's ability to enhance operational efficiency, streamline production processes, negotiate better supplier terms, or increase pricing power. A higher gross profit margin is generally seen as a positive indicator of a company's profitability and operational effectiveness. It suggests that the company is able to generate more profit from each dollar of sales.
Overall, the increasing trend in Crowdstrike's gross profit margin over the past five years is a favorable sign of the company's financial health and ability to generate profits from its core operations. It also reflects the company's competitive positioning and ability to effectively manage costs while growing revenue.
Peer comparison
Jan 31, 2024