What CrowdStrike Holdings, Inc. told the SEC could break it.

CrowdStrike's products, services and collection of cyber-threat information are subject to U.S. export controls (Commerce EAR) and OFAC economic/trade sanctions — including prohibitions on sales to embargoed/sanctioned countries and authorization requirements for exporting encryption items — plus foreign import/licensing requirements.

“Our products, services and business activities, including our collection of information about cyber threats, are subject to various restrictions under U.S. export controls and trade and economic sanctions laws, including the U.S. Commerce Department's Export Administration Regulations and economic and trade sanctions regulations maintained by the U.S. Treasury Department's Office of Foreign Assets Control.”

CrowdStrike relies on third-party data centers such as AWS and its own colocation data centers (in the U.S. and Europe) to host and operate the Falcon platform; disruption or interference with these facilities could degrade platform performance and reliability and harm the business.

“We rely on third-party data centers, such as Amazon Web Services, and our own colocation data centers to host and operate our Falcon platform, and any disruption of or interference with our use of these facilities may negatively affect our ability to maintain the performance and reliability of our Falc[on platform]”

CrowdStrike derived ~33% of total revenue from international customers in fiscal 2026 and is expanding overseas; its R&D leadership is predominantly U.S.-based but it maintains R&D centers in Romania, Israel and India, exposing it to international operational and geopolitical risk.

“We derived approximately 33%, 32%, and 32% of our total revenue from our international customers for fiscal 2026, fiscal 2025, and fiscal 2024, respectively.”

CrowdStrike is highly dependent on the services of George Kurtz, its President and CEO, who is described as critical to its future vision and strategic direction; key personnel work on an at-will basis despite employment agreements.

“we are highly dependent on the services of George Kurtz, our President and Chief Executive Officer, who is critical to our future vision and strategic direction.”