CrowdStrike Holdings, Inc. Earnings Recaps
Q2 2027
Aug 28, 2026
CrowdStrike's Q2 results decisively outpaced expectations, driving a 23% stock jump as the company reported record net new ARR and accelerated revenue growth, underpinned by strong demand for its AI-tailored FalconFlex subscription model.
Key takeaways
- Net new ARR hit an all-time high of $333 million, accelerating 51% year over year and beating the high end of guidance by over $45 million.
- Total ARR reached $5.84 billion, growing more than 25% year over year, with growth accelerating for the fourth consecutive quarter.
- Revenue rose 26% year over year to $1.47 billion, marking the fifth consecutive quarter of accelerating growth.
- Free cash flow increased 33% year over year to $377 million, representing 26% of revenue.
- FalconfFlex subscription ARR grew 101% year over year to $2.29 billion, with record new flex accounts and robust re-flex customer activity driving substantial ARR uplifts.
Q4 2026
Mar 4, 2026
CrowdStrike delivered impressive fiscal Q4 2026 results, achieving record growth across all key metrics, fueled by rising demand for its Falcon platform amid an evolving cybersecurity landscape.
Key takeaways
- Achieved all-time record net new ARR of $331 million for Q4, surpassing expectations with 47% year-over-year growth.
- Ending ARR reached $5.25 billion, crossing the $5 billion milestone, representing a 24% year-over-year growth.
- Record free cash flow of $376 million for Q4, equivalent to 29% of revenue, contributing to an annual total of $1.24 billion.
- Operating income hit an all-time high of $326 million for Q4, the third consecutive quarter of record operating income.
- Strong adoption of the Falcon Flex subscription model resulted in a 120% year-over-year increase in associated ARR.