Crowdstrike Investor Day Presentation Deck
APPENDIX (CONT'D)
Non-GAAP Net Income per Share Attributable to Crowd Strike Common Stockholders, Basic and Diluted
We define non-GAAP net income per share attributable to CrowdStrike common stockholders, as non-GAAP net income attributable to CrowdStrike divided by the
weighted-average shares outstanding, which includes the dilutive effect of potentially diluted common stock equivalents outstanding during the period. We may
periodically incur charges or receive payments in connection with litigation settlements. We exclude these charges and payments received from non-GAAP net
income attributable to CrowdStrike when associated with a significant settlement because we do not believe they are reflective of ongoing business and operating
results.
Free Cash Flow
Free cash flow is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less purchases of property and equipment and
capitalized internal-use software. We monitor free cash flow as one measure of our overall business performance, which enables us to analyze our future
performance without the effects of non-cash items and allow us to better understand the cash needs of our business. While we believe that free cash flow is useful
in evaluating our business, free cash flow is a non-GAAP financial measure that has limitations as an analytical tool, and free cash flow should not be considered
as an alternative to, or substitute for, net cash provided by (used in) operating activities in accordance with GAAP. The utility of free cash flow as a measure of our
liquidity is further limited as it does not represent the total increase or decrease in our cash balance for any given period. In addition, other companies, including
companies in our industry, may calculate free cash flow differently or not at all, which reduces the usefulness of free cash flow as a tool for comparison.
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