CrowdStrike Q2 revenue beats estimates; raises FY guidance as annual net new ARR hits record

CrowdStrike Holdings

26/08/2026 21:18

Overview
Cybersecurity platform's fiscal Q2 revenue grew 26% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q2 rose to $0.31
Company raised full-year net new ARR growth guidance, citing strong Falcon Flex adoption

Outlook
CrowdStrike raises full-year FY27 net new ARR growth outlook to 34% at midpoint
Company sees Q3 FY27 revenue of $1.52 bln to $1.53 bln
CrowdStrike expects FY27 revenue of $5.99 bln to $6.01 bln

Result Drivers
RECORD NET NEW ARR - Co reported record net new ARR of $333 mln, with accelerated growth to 51% yr/yr, per CEO George Kurtz
FALCON FLEX ADOPTION - Falcon Flex ARR exceeded $2.29 bln, growing 101% yr/yr, contributing to overall ARR growth
AI SECURITY DEMAND - Co cited mass-market acceptance that AI adoption needs security as a key growth driver, per CEO George Kurtz

Company press release: ID:nBw3TKMR2a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.47 bln
$1.44 bln (43 Analysts)
Q2 Adjusted EPS
 
$0.31
 
Q2 Net Income  Attributable to Crowdstrike
 
$5.31 mln
 
Q2 Free Cash Flow
 
$377 mln
 
Q2 Gross Profit
 
$1.10 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 40 "strong buy" or "buy", 13 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for CrowdStrike Holdings, Inc. is $220.00, about 18.7% above its August 25 closing price of $185.38
The stock recently traded at 131 times the next 12-month earnings vs. a P/E of 86 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)