Crowdstrike Holdings Inc (CRWD)

Pretax margin

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	167,111	121,524	12,079	-70,242	-127,832	-160,815	-146,999	-146,925	-155,498	-162,364	-150,153	-128,202	-104,555	-87,792	-99,761	-110,835	-132,656	-139,852
Revenue (ttm)	US$ in thousands	3,429,271	3,178,729	2,966,662	2,737,858	2,504,856	2,269,678	2,028,414	1,813,069	1,617,445	1,434,303	1,272,201	1,130,120	996,723	877,164	766,163	659,983	570,430	489,971
Pretax margin		4.87%	3.82%	0.41%	-2.57%	-5.10%	-7.09%	-7.25%	-8.10%	-9.61%	-11.32%	-11.80%	-11.34%	-10.49%	-10.01%	-13.02%	-16.79%	-23.26%	-28.54%

April 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $167,111K ÷ $3,429,271K
= 4.87%

The pretax margin for Crowdstrike Holdings Inc has shown a noticeable improvement over the past few quarters. From April 30, 2020, to April 30, 2024, the pretax margin has increased from -23.26% to 4.87%. This indicates a positive trend towards profitability and efficiency in managing pre-tax expenses relative to revenue. Despite fluctuations in earlier periods, the company has successfully turned around its pre-tax profitability, reflecting improved financial health and operational performance.