Earnings Report· 2026-08-26
CRWD
Q2 · 2027After-MarketCrowdStrike Holdings, Inc.
@stockwhiz_ai
EARNING PER SHARE
Actual ($)
0.31
34.78% YoY
Expected
0.29
Beat
+6.90%
REVENUE
Actual ($)
1.47B
26.00% YoY
Expected
1.44B
Beat
+2.15%
Earning Report
| Metric | Q2 FY27 | Q2 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $1.47B | $1.17B | +25.8% |
| └─Subscription | $1.40B | $1.10B | +27.0% |
| └─Professional services | $70.61M | $66.01M | +7.0% |
| Net Income | $5.31M | $(70.153M) | - |
| GAAP Basic EPS | $0.01 | $(0.07) | - |
| GAAP Diluted EPS | $0.01 | $(0.07) | - |
| Non-GAAP Diluted EPS | $0.31 | $0.23 | +34.8% |
Financial Outlook / Guidance
| Metric | Q3 FY27 Outlook | FY27 Outlook |
|---|---|---|
| Annual recurring revenue | $6,184.4M - $6,188.4M | $6,603.0M - $6,611.9M |
| Total revenue | $1,523.2M - $1,529.2M | $5,991.1M - $6,011.1M |
| Non-GAAP income from operations | $372.7M - $375.9M | $1,497.2M - $1,508.4M |
| Non-GAAP net income attributable to CrowdStrike | $325.4M - $327.9M | $1,302.7M - $1,311.6M |
| Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $0.31 | $1.25 - $1.26 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 1,048M | 1,044M |
Business Highlights
- ➤Module adoption reached 51%, 35%, and 26% for six, seven, and eight-plus modules.
- ➤Unveiled Continuous Identity for AI Agents for risk-aware authorization across human, non-human, and AI identities.
- ➤Introduced AI, cloud, and Next-Gen SIEM innovations with AWS.
- ➤Released the CrowdStrike 2026 Technology Threat Landscape Report.
- ➤Released the CrowdStrike 2026 Threat Hunting Report on AI-enabled adversary operations.
- ➤Extended Falcon AIDR across partners including Databricks, Google Cloud, and Microsoft Azure.
- ➤Expanded Project QuiltWorks with AWS to cloud infrastructure and SMB support.
- ➤Announced strategic collaboration with Cerebras Systems for enterprise AI inference.
- ➤Expanded Schwarz Digits partnership for a European Falcon platform roadmap.
- ➤Agreed to acquire XM Cyber technology assets for attack-path visualization and offensive simulation.
- ➤Joined the OpenID Foundation and IDPro to advance identity-security standards.
- ➤Recognized as a Leader in Forrester Wave: XDR Platforms, Q2 2026.
- ➤Named a Leader in IDC MarketScape assessments for SIEM and enterprise MDR/MXDR.
- ➤Named Frost & Sullivan technology leader in Zero Trust Browser Security and cloud runtime security innovation leader.
Management Commentary
George Kurtz, Founder and Chief Executive Officer
“Q2 was the best quarter in CrowdStrike's history. Delivering record Falcon Flex results, record net new ARR, and accelerating growth—the Falcon is soaring. We're raising our full year fiscal 2027 net new ARR growth outlook by 630 basis points. The Mythos moment translated into mass-market acceptance that AI adoption needs security, and that's CrowdStrike. Every enterprise will run on AI, and securing it is the largest market opportunity in our history.”
Burt Podbere, Chief Financial Officer
“Q2 was a record-breaking quarter. We achieved record net new ARR of $333 million alongside record net new ARR from new logos, increased dollar-based gross and net retention rates, and Q2 record cash flow from operations and free cash flow. Given our strong Q2 results and record Q3 pipeline, we are raising our full-year fiscal 2027 net new ARR growth outlook to 34% at the midpoint, positioning us for continued durable, profitable growth.”