Basic and diluted net income (loss) per share attributable to CrowdStrike’s common stockholders is computed in conformity with the two-class method required for participating securities. Basic net income (loss) per share attributable to CrowdStrike common stockholders is computed by dividing the net income (loss) attributable to CrowdStrike by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share attributable to CrowdStrike common stockholders is calculated by dividing net income by the combination of the weighted-average number of common shares outstanding and the effect of the weighted-average number of dilutive common share equivalents during the period. The dilutive potential shares of common stock are comprised of outstanding stock options, RSUs, PSUs, Special PSU Awards, ESPP obligations, and founders’ holdbacks, and are computed using the treasury stock method. The effects of the outstanding stock options, RSUs, PSUs, Special PSU Awards, ESPP obligations, and founders holdbacks are excluded from the computation of the diluted net income per share in periods in which the effect would be anti-dilutive. Diluted net loss per share is the same as basic net loss per share for the fiscal years ended January 31, 2026 and January 31, 2025 because the effects of potentially dilutive items were antidilutive given the Company’s net loss position during fiscal years ended January 31, 2026 and January 31, 2025.

The rights of the holders of Class A and Class B common stock are identical, except with the respect to voting and conversion rights. As such, the undistributed earnings are allocated equally to each share of common stock without class distinction and the resulting basic and diluted net income (loss) per share attributable to CrowdStrike common stockholders are the same for shares of Class A and Class B common stock. On December 11, 2024, all of the Company’s outstanding shares of Class B common stock were automatically converted into an equal number of shares of Class A common stock pursuant to the provisions of the Amended and Restated Certificate of Incorporation.

The following table sets forth the computation of basic and diluted net income (loss) per share attributable to CrowdStrike common stockholders (in thousands, except per share data):


	Year Ended January 31,
	2026		2025		2024
Numerator:
Net income (loss) attributable to CrowdStrike	$	(162,502)	$	(15,241)	$	72,181
Denominator:
Weighted-average shares used in computing net income (loss) per share attributable to CrowdStrike common stockholders, basic	250,576		244,750		238,637
Dilutive effect of common stock equivalents	—		—		4,998
Weighted-average shares used in computing net income (loss) per share attributable to CrowdStrike common stockholders, dilutive	250,576		244,750		243,635
Net income (loss) per share attributable to CrowdStrike common stockholders, basic	$	(0.65)	$	(0.06)	$	0.30
Net income (loss) per share attributable to CrowdStrike common stockholders, diluted	$	(0.65)	$	(0.06)	$	0.30

The potential shares of common stock that were excluded from the computation of diluted net income (loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows (in thousands):


	Year Ended January 31,
	2026	2025	2024

RSUs and PSUs subject to future vesting	7,512	10,454	3,125
Shares of common stock issuable from stock options	885	1,217	1
Share purchase rights under the Employee Stock Purchase Plan	476	742	411
Potential common shares excluded from diluted net income (loss) per share	8,873	12,413	3,537

The above table excludes founder holdbacks related to business combinations where a variable number of shares will be issued upon vesting to settle a fixed monetary amount of $45.4 million, contingent upon continued employment with the Company. The share price will be determined based on the Company’s average stock price or the volume weighted average stock price five days prior to each vesting date. During the fiscal year ended January 31, 2026, 19,560 shares were issued to settle founder holdbacks at a weighted average price of $470.56 per share.