CrowdStrike Holdings, Inc. Class A (CRWD)

On July 19, 2024, a faulty update to CrowdStrike's security software caused widespread global computer outages, leading to a significant plunge in its stock price. Despite this, the stock has shown a steady recovery, and the company reported strong third-quarter earnings, surpassing $1 billion in revenue. As of October 3, 2025, CRWD stock has increased by 49.34% over the last six months and 41.37% year-to-date.

While specific detailed seasonality data is not extensively documented, general trends indicate that demand can be influenced by broader economic factors. CrowdStrike observed softness in demand due to macro concerns in a previous fourth quarter, but demand subsequently rebounded. The company's expansion of its CrowdStrike Marketplace and increased partner footprint suggest a growing and consistent demand for integrated cybersecurity solutions. The cybersecurity market generally experiences continuous demand due to the persistent and evolving nature of cyber threats.

CrowdStrike Holdings, Inc. is a cybersecurity technology company providing cloud-native security solutions. It operates in the Technology sector, focusing on Information Security and Software - Infrastructure. The company offers endpoint security, threat intelligence, and cyberattack response services through its Falcon platform, which includes modules like NGAV, EDR, cloud security, and more. CrowdStrike also provides threat intelligence, incident response, and managed security services, and has recently introduced Charlotte AI and the Falcon Flex licensing model.

CrowdStrike is headquartered in Austin, Texas, with a significant presence in Sunnyvale, California. It has expanded operations across North America, Europe, Asia-Pacific, and the Middle East, with its Falcon platform deployed in over 170 countries. The company has established offices in numerous countries, including Germany, France, Italy, United Arab Emirates, Singapore, Japan, India, Australia, Denmark, Spain, Belgium, Romania, the United Kingdom, Saudi Arabia, and Israel.

CrowdStrike's brand reputation was significantly affected by the global IT outage in July 2024, caused by a defective software update, raising concerns about testing and quality assurance. Despite the severe impact, CrowdStrike demonstrated resilience, maintaining a high customer retention rate. Partners expressed confidence in the company's ability to recover, although some critics suggested that its public communications lacked humility and empathy.

CrowdStrike Holdings, Inc. is predominantly owned by institutional shareholders, who hold 73.11% of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors account for 22.69% of the ownership, while CrowdStrike insiders own 4.20%. George Kurtz, Co-Founder, President, and CEO, remains a significant shareholder. Sameer K. Gandhi is noted as the largest individual shareholder.