967M 9.8%
Total Revenue QoQ (USD) - Q2 '24

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Income Statement (USD)

Q2 '24 QoQ
Revenue 967M 9.8%
Gross Profit 696M 9.3%
Cost of Revenue 685M 12.8%
Operating expense 689M 13.5%
Net Income 43M 20.3%
EBITDA 63M 20.5%

Balance Sheet (USD)

Q2 '24 QoQ
Total Assets 6.84B 2.9%
Total Liabilities 4.27B 0.8%
Total Equity 2.54B 10.1%
Shares Outstanding 242M 0.6%

Cash Flow (USD)

Q2 '24 QoQ
Cash from operations 383M 10.4%
Cash from investing -51M 350.5%
Cash from financing -2.5M 107.5%

EPS

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Financial Highlights for CrowdStrike in Q2 '24

CrowdStrike reported a revenue of 967M, which is a 9.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 696M, marking a 9.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 685M, a 12.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 689M, showing a 13.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 43M, showing a -20.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 63M, showing a -20.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

CrowdStrike faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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