CrowdStrike Holdings, Inc.

CRWD

Current Price: $320.21

IPO: 2019-06-12

CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is based in Austin, Texas.

Website

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Income Statement

Revenue

Year Q1 Q2 Q3 Q4
2021 - - - $264.9m
2022 $302.8m $337.7m $380.1m $431m
2023 $487.8m $535.2m $580.9m $637.4m
2024 $692.6m $731.6m $786m $845.3m
2025 $921m $963.9m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 62.69%
2023 61.08% 58.47% 52.84% 47.88%
2024 41.97% 36.71% 35.31% 32.63%
2025 32.99% 31.74% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 302.8m 337.7m 380.1m 166.1m
2023 185m 197.5m 200.8m 206.4m
2024 204.7m 196.5m 205.1m 208m
2025 228.5m 232.2m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 14.31% 11.51% 12.54% 13.41%
2023 13.18% 9.7% 8.55% 9.72%
2024 8.66% 5.64% 7.43% 7.55%
2025 8.96% 4.65% - -

Cost Of Revenue

Year Q1 Q2 Q3 Q4
2021 - - - $66.73m
2022 $78.51m $90.43m $101.7m $112.6m
2023 $126.8m $140.6m $158.2m $175.6m
2024 $169.2m $182.9m $195m $209.3m
2025 $225m $238.3m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 68.76%
2023 61.56% 55.44% 55.64% 55.93%
2024 33.43% 30.13% 23.24% 19.16%
2025 32.96% 30.3% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 78.51m 90.43m 101.7m 45.89m
2023 48.33m 50.14m 56.56m 62.98m
2024 42.4m 42.35m 36.78m 33.65m
2025 55.77m 55.43m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 17.64% 15.19% 12.42% 10.78%
2023 12.62% 10.83% 12.56% 10.98%
2024 -3.63% 8.09% 6.61% 7.31%
2025 7.53% 5.93% - -

Gross Profit

Year Q1 Q2 Q3 Q4
2021 - - - $198.2m
2022 $224.3m $247.3m $278.4m $318.4m
2023 $361m $394.6m $422.7m $461.8m
2024 $523.4m $548.7m $591m $636.1m
2025 $696m $725.5m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 60.64%
2023 60.92% 59.58% 51.82% 45.03%
2024 44.97% 39.06% 39.83% 37.75%
2025 33.0% 32.22% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 224.3m 247.3m 278.4m 120.2m
2023 136.7m 147.3m 144.3m 143.4m
2024 162.3m 154.1m 168.4m 174.3m
2025 172.7m 176.8m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 13.19% 10.22% 12.59% 14.37%
2023 13.38% 9.3% 7.11% 9.25%
2024 13.34% 4.85% 7.71% 7.63%
2025 9.43% 4.24% - -

Gross Profit Ratio

Year Q1 Q2 Q3 Q4
2021 - - - 74.81%
2022 74.08% 73.22% 73.25% 73.87%
2023 74.00% 73.73% 72.76% 72.45%
2024 75.57% 75.00% 75.19% 75.25%
2025 75.57% 75.27% - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - -1.26%
2023 -0.1% 0.7% -0.67% -1.93%
2024 2.11% 1.72% 3.34% 3.86%
2025 0.01% 0.36% - -

Research & Development Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $66.07m
2022 $78.18m $90.46m $97.63m $105m
2023 $123.4m $137.9m $155.3m $191.8m
2024 $179.1m $179.4m $196.1m $214m
2025 $235.2m $250.9m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 58.95%
2023 57.84% 52.41% 59.02% 82.68%
2024 45.11% 30.1% 26.29% 11.55%
2025 31.38% 39.89% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 78.18m 90.46m 97.63m 38.95m
2023 45.22m 47.41m 57.63m 86.83m
2024 55.67m 41.5m 40.82m 22.15m
2025 56.18m 71.55m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 18.33% 15.7% 7.93% 7.57%
2023 17.5% 11.72% 12.62% 23.57%
2024 -6.66% 0.17% 9.32% 9.14%
2025 9.93% 6.66% - -

General & Administrative Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $35.48m
2022 $42.37m $50.35m $56.06m $74.31m
2023 $67.95m $80.26m $84.15m $84.98m
2024 $82.63m $153.2m $105.6m $102.7m
2025 $103.7m $106.4m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 109.44%
2023 60.37% 59.43% 50.1% 14.35%
2024 21.6% 90.93% 25.48% 20.9%
2025 25.53% -30.55% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 42.37m 50.35m 56.06m 38.83m
2023 25.58m 29.92m 28.09m 10.67m
2024 14.68m 72.98m 21.44m 17.76m
2025 21.1m -46.81m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 19.43% 18.81% 11.35% 32.56%
2023 -8.56% 18.11% 4.84% 0.99%
2024 -2.76% 85.45% -31.1% -2.7%
2025 0.97% 2.6% - -

Selling & Marketing Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $112.4m
2022 $135.1m $153.9m $165m $162.6m
2023 $193.5m $224.8m $239.7m $246.4m
2024 $281.1m $231.5m $286.2m $290.4m
2025 $350.1m $355.5m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 44.59%
2023 43.22% 46.08% 45.29% 51.57%
2024 45.25% 2.98% 19.41% 17.82%
2025 24.55% 53.57% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 135.1m 153.9m 165m 50.15m
2023 58.4m 70.91m 74.71m 83.85m
2024 87.58m 6.708m 46.51m 43.92m
2025 69.01m 124m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 20.17% 13.86% 7.21% -1.43%
2023 19.03% 16.14% 6.63% 2.82%
2024 14.07% -17.66% 23.64% 1.46%
2025 20.58% 1.53% - -

Selling General & Administrative Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $147.9m
2022 $177.5m $204.2m $221m $236.9m
2023 $261.5m $305m $323.8m $331.4m
2024 $363.7m $384.7m $391.8m $391m
2025 $453.8m $460.5m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 60.15%
2023 47.31% 49.37% 46.51% 39.89%
2024 39.11% 26.13% 20.99% 17.97%
2025 24.77% 19.69% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 177.5m 204.2m 221m 88.98m
2023 83.98m 100.8m 102.8m 94.51m
2024 102.3m 79.69m 67.96m 59.56m
2025 90.11m 75.74m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 19.99% 15.04% 8.23% 7.19%
2023 10.38% 16.65% 6.16% 2.35%
2024 9.75% 5.77% 1.83% -0.2%
2025 16.08% 1.46% - -

Other Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $682k
2022 $4.768m $619k $690k $1.679m
2023 $3.212m $3.38m $750k $-2.782m
2024 $230k $-1.734m $-474k $3.616m
2025 $7.656m $-1.031m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 146.19%
2023 -32.63% 446.04% 8.7% -265.69%
2024 -92.84% -151.3% -163.2% -229.98%
2025 3228.7% -40.54% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 4.768m 619k 690k 997k
2023 -1.556m 2.761m 60k -4.461m
2024 -2.982m -5.114m -1.224m 6.398m
2025 7.426m 703k - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 599.12% -87.02% 11.47% 143.33%
2023 91.3% 5.23% -77.81% -470.93%
2024 -108.27% -853.91% -72.66% -862.87%
2025 111.73% -113.47% - -

Operating Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $214m
2022 $255.7m $294.7m $318.7m $341.9m
2023 $384.9m $442.9m $479.1m $523.3m
2024 $542.8m $564.1m $587.8m $605m
2025 $689.1m $711.4m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 59.78%
2023 50.53% 50.31% 50.35% 53.03%
2024 41.03% 27.36% 22.7% 15.62%
2025 26.95% 26.11% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 255.7m 294.7m 318.7m 127.9m
2023 129.2m 148.2m 160.4m 181.3m
2024 157.9m 121.2m 108.8m 81.72m
2025 146.3m 147.3m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 19.48% 15.24% 8.14% 7.3%
2023 12.56% 15.07% 8.17% 9.22%
2024 3.73% 3.92% 4.21% 2.91%
2025 13.9% 3.23% - -

Cost & Expenses

Year Q1 Q2 Q3 Q4
2021 - - - $280.7m
2022 $334.2m $385.1m $420.3m $454.5m
2023 $511.7m $583.5m $637.3m $698.9m
2024 $712m $747m $782.9m $814.2m
2025 $914.1m $949.7m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 61.91%
2023 53.12% 51.51% 51.63% 53.75%
2024 39.15% 28.03% 22.84% 16.51%
2025 28.38% 27.14% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 334.2m 385.1m 420.3m 173.8m
2023 177.5m 198.4m 217m 244.3m
2024 200.3m 163.5m 145.5m 115.4m
2025 202.1m 202.7m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 19.04% 15.23% 9.15% 8.14%
2023 12.58% 14.02% 9.23% 9.66%
2024 1.88% 4.91% 4.8% 4.01%
2025 12.26% 3.9% - -

Interest Expense

Year Q1 Q2 Q3 Q4
2021 - - - $1.049m
2022 $5.683m $6.296m $6.403m $6.302m
2023 $5.752m $6.335m $6.334m $6.352m
2024 $6.387m $6.444m $547k $6.422m
2025 $6.511m $6.549m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 500.76%
2023 1.21% 0.62% -1.08% 0.79%
2024 11.04% 1.72% -91.36% 1.1%
2025 1.94% 1.63% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 5.683m 6.296m 6.403m 5.253m
2023 69k 39k -69k 50k
2024 635k 109k -5.787m 70k
2025 124k 105k - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 441.75% 10.79% 1.7% -1.58%
2023 -8.73% 10.14% -0.02% 0.28%
2024 0.55% 0.89% -91.51% 1074.04%
2025 1.39% 0.58% - -

Depreciation & Amortization

Year Q1 Q2 Q3 Q4
2021 - - - $11.84m
2022 $14.37m $16.09m $17.86m $20.49m
2023 $20.43m $21.91m $25.92m $27.85m
2024 $30.58m $33.88m $38.43m $42.37m
2025 $48.68m $52.58m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 73.12%
2023 42.14% 36.18% 45.11% 35.91%
2024 49.7% 54.63% 48.27% 52.13%
2025 59.19% 55.22% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 14.37m 16.09m 17.86m 8.655m
2023 6.057m 5.821m 8.057m 7.359m
2024 10.15m 11.97m 12.51m 14.52m
2025 18.1m 18.71m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 21.43% 11.94% 11.01% 14.74%
2023 -0.3% 7.24% 18.29% 7.46%
2024 9.81% 10.77% 13.43% 10.26%
2025 14.9% 8.01% - -

Ebitda

Year Q1 Q2 Q3 Q4
2021 - - - $-3.285m
2022 $-12.75m $-30.7m $-21.72m $-1.364m
2023 $-788k $-15.29m $-15.81m $-9.416m
2024 $41.88m $53.41m $75.24m $73.47m
2025 $55.62m $66.74m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -Infinity% -Infinity% -Infinity% -58.48%
2023 -93.82% -50.19% -27.22% 590.32%
2024 -5414.47% -449.28% -576.08% -880.25%
2025 32.81% 24.97% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -12.75m -30.7m -21.72m 1.921m
2023 11.97m 15.41m 5.91m -8.052m
2024 42.67m 68.7m 91.05m 82.88m
2025 13.74m 13.33m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -Infinity%
2022 288.25% 140.68% -29.26% -93.72%
2023 -42.23% 1840.48% 3.36% -40.42%
2024 -544.75% 27.53% 40.89% -2.36%
2025 -24.29% 20.0% - -

Operating Income

Year Q1 Q2 Q3 Q4
2021 - - - $-15.8m
2022 $-31.35m $-47.4m $-40.26m $-23.53m
2023 $-23.88m $-48.31m $-56.42m $-61.5m
2024 $11.3m $-15.37m $3.163m $31.1m
2025 $6.936m $14.16m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -Infinity% -Infinity% -Infinity% 48.92%
2023 -23.81% 1.91% 40.13% 161.32%
2024 -147.29% -68.18% -105.61% -150.57%
2025 -38.59% -192.1% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -31.35m -47.4m -40.26m -7.731m
2023 7.464m -904k -16.16m -37.97m
2024 35.18m 32.93m 59.59m 92.6m
2025 -4.359m 29.53m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -Infinity%
2022 98.36% 51.22% -15.06% -41.55%
2023 1.48% 102.27% 16.8% 9.0%
2024 -118.37% -236.1% -120.58% 883.21%
2025 -77.7% 104.12% - -

Operating Income Ratio

Year Q1 Q2 Q3 Q4
2021 - - - $-0.05965
2022 $-0.1035 $-0.1404 $-0.1059 $-0.0546
2023 $-0.04896 $-0.09027 $-0.09713 $-0.09649
2024 $0.01631 $-0.02101 $0.004024 $0.03679
2025 $0.007531 $0.01469 - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -Infinity% -Infinity% -Infinity% -8.46%
2023 -52.7% -35.7% -8.32% 76.72%
2024 -133.31% -76.72% -104.14% -138.13%
2025 -53.82% -169.91% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -0.1035 -0.1404 -0.1059 0.005048
2023 0.05455 0.05011 0.008812 -0.04189
2024 0.06527 0.06926 0.1012 0.1333
2025 -0.008778 0.0357 - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -Infinity%
2022 73.53% 35.62% -24.53% -48.46%
2023 -10.34% 84.38% 7.6% -0.66%
2024 -116.9% -228.84% -119.15% 814.22%
2025 -79.53% 95.05% - -

Total Other Income Expenses Net

Year Q1 Q2 Q3 Q4
2021 - - - $682k
2022 $4.768m $619k $690k $1.679m
2023 $-3.086m $3.38m $10.66m $17.88m
2024 $-6.387m $-1.734m $-474k $37.45m
2025 $47m $43.45m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 146.19%
2023 -164.72% 446.04% 1445.07% 965.04%
2024 106.97% -151.3% -104.45% 109.43%
2025 -835.79% -2605.54% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 4.768m 619k 690k 997k
2023 -7.854m 2.761m 9.971m 16.2m
2024 -3.301m -5.114m -11.14m 19.57m
2025 53.38m 45.18m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 599.12% -87.02% 11.47% 143.33%
2023 -283.8% -209.53% 215.41% 67.73%
2024 -135.72% -72.85% -72.66% -8001.05%
2025 25.48% -7.55% - -

Income Before Tax

Year Q1 Q2 Q3 Q4
2021 - - - $-16.17m
2022 $-32.81m $-53.08m $-45.98m $-28.16m
2023 $-26.97m $-43.54m $-45.76m $-43.62m
2024 $4.908m $13.09m $36.27m $68.55m
2025 $53.93m $57.6m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -Infinity% -Infinity% -Infinity% 74.13%
2023 -17.8% -17.98% -0.47% 54.91%
2024 -118.2% -130.06% -179.26% -257.16%
2025 998.84% 340.16% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -32.81m -53.08m -45.98m -11.99m
2023 5.84m 9.545m 216k -15.46m
2024 31.88m 56.62m 82.03m 112.2m
2025 49.02m 44.52m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -Infinity%
2022 102.9% 61.78% -13.38% -38.76%
2023 -4.22% 61.43% 5.11% -4.68%
2024 -111.25% 166.65% 177.16% 88.99%
2025 -21.33% 6.81% - -

Income Tax Expense

Year Q1 Q2 Q3 Q4
2021 - - - $2.832m
2022 $50.06m $4.238m $4.473m $13.58m
2023 $3.44m $4.778m $8.87m $5.314m
2024 $4.409m $4.611m $9.603m $13.61m
2025 $7.667m $10.91m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 379.59%
2023 -93.13% 12.74% 98.3% -60.87%
2024 28.17% -3.5% 8.26% 156.1%
2025 73.89% 136.69% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 50.06m 4.238m 4.473m 10.75m
2023 -46.62m 540k 4.397m -8.268m
2024 969k -167k 733k 8.295m
2025 3.258m 6.303m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 1667.73% -91.53% 5.55% 203.64%
2023 -74.67% 38.9% 85.64% -40.09%
2024 -17.03% 4.58% 108.26% 41.72%
2025 -43.66% 42.35% - -

Net Income

Year Q1 Q2 Q3 Q4
2021 - - - $-19m
2022 $-85.05m $-57.32m $-50.46m $-41.98m
2023 $-30.41m $-49.29m $-54.63m $-48.93m
2024 $491k $8.472m $26.67m $53.7m
2025 $42.82m $47.01m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -Infinity% -Infinity% -Infinity% 120.92%
2023 -64.25% -14.01% 8.28% 16.56%
2024 -101.61% -117.19% -148.81% -209.74%
2025 8620.98% 454.92% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 -85.05m -57.32m -50.46m -22.98m
2023 54.64m 8.033m -4.176m -6.952m
2024 30.9m 57.76m 81.3m 102.6m
2025 42.33m 38.54m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -Infinity%
2022 347.58% -32.61% -11.97% -16.8%
2023 -27.56% 62.07% 10.85% -10.43%
2024 -101.0% 1625.46% 214.74% 101.38%
2025 -20.26% 9.79% - -

Balance Sheet

Deferred Revenue

Year Q1 Q2 Q3 Q4
2021 - - - $702m
2022 $786.8m $883m $974.6m $1.137b
2023 $1.249b $1.364b $1.483b $1.727b
2024 $1.788b $1.894b $1.943b $2.271b
2025 $2.309b $2.348b - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 61.9%
2023 58.77% 54.43% 52.19% 52.0%
2024 43.16% 38.9% 30.98% 31.45%
2025 29.14% 23.99% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 786.8m 883m 974.6m 434.5m
2023 462.4m 480.6m 508.7m 591m
2024 539.1m 530.4m 459.5m 543.3m
2025 521m 454.5m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 12.08% 12.22% 10.37% 16.62%
2023 9.92% 9.15% 8.78% 16.47%
2024 3.52% 5.91% 2.57% 16.88%
2025 1.7% 1.69% - -

Cash Flow

Operating Cash Flow

Year Q1 Q2 Q3 Q4
2021 - - - $114.5m
2022 $147.5m $108.5m $159.1m $159.7m
2023 $215m $209.9m $242.9m $273.3m
2024 $300.9m $244.8m $273.5m $347m
2025 $383.2m $326.6m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 39.54%
2023 45.7% 93.51% 52.68% 71.11%
2024 39.98% 16.61% 12.63% 26.98%
2025 27.36% 33.44% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 147.5m 108.5m 159.1m 45.26m
2023 67.42m 101.4m 83.79m 113.6m
2024 85.94m 34.88m 30.67m 73.72m
2025 82.34m 81.86m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 28.89% -26.47% 46.63% 0.41%
2023 34.59% -2.35% 15.7% 12.54%
2024 10.1% -18.65% 11.74% 26.87%
2025 10.44% -14.77% - -

Free Cash Flow

Year Q1 Q2 Q3 Q4
2021 - - - $97.21m
2022 $117.3m $73.64m $122.8m $127.3m
2023 $156.8m $135.8m $174.1m $207.9m
2024 $227.7m $188.8m $239.6m $273m
2025 $323.1m $272.9m - -

YoY % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 - - - 30.98%
2023 33.7% 84.35% 41.73% 63.28%
2024 45.2% 39.07% 37.64% 31.3%
2025 41.87% 44.54% - -

YoY Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 117.3m 73.64m 122.8m 30.12m
2023 39.53m 62.12m 51.25m 80.57m
2024 70.89m 53.03m 65.52m 65.08m
2025 95.34m 84.08m - -

QoQ % Change

Year Q1 Q2 Q3 Q4
2021 - - - -
2022 20.67% -37.22% 66.79% 3.67%
2023 23.17% -13.44% 28.23% 19.43%
2024 9.53% -17.1% 26.91% 13.93%
2025 18.35% -15.54% - -