Crowdstrike Holdings Inc (CRWD)
Net profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 89,327 | -183,245 | -234,802 | -92,629 | -141,779 |
| Revenue | US$ in thousands | 3,178,730 | 2,278,910 | 1,434,060 | 877,164 | 489,971 |
| Net profit margin | 2.81% | -8.04% | -16.37% | -10.56% | -28.94% |
January 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $89,327K ÷ $3,178,730K
= 2.81%
Crowdstrike Holdings Inc's net profit margin has displayed fluctuations over the past five years. The company's net profit margin improved from -28.94% in January 2020 to 2.81% in January 2024, indicating a positive trend in profitability. Despite this improvement, the net profit margin was negative in the previous years, ranging from -8.04% in January 2023 to -16.37% in January 2022.
The positive net profit margin in January 2024 suggests that the company is generating profits after accounting for all expenses, indicating effective cost management and potentially increased revenue generation. However, the company has historically struggled to maintain profitability, as evidenced by the negative net profit margins in previous years.
Overall, Crowdstrike Holdings Inc's improving net profit margin in recent years may indicate a positive turnaround in its financial performance, but continued monitoring of profitability levels is advisable to assess the company's long-term sustainability.
Peer comparison
Jan 31, 2024