Overview
- The company, which reported results on Wednesday, posted fiscal Q2 revenue of $1.47 billion and beat analyst estimates.
- CrowdStrike delivered a record net new annual recurring revenue addition of about $333 million and ending ARR of $5.84 billion.
- Falcon Flex — the pay‑as‑you‑consume packaging that lets customers add modules — surpassed $2.29 billion in ARR and grew roughly 101% year over year.
- GAAP net income turned positive at $5.3 million and operating cash flow reached about $530 million, supporting the decision to raise full‑year revenue guidance to roughly $5.99–$6.01 billion.
- Management lifted full‑year net new ARR growth guidance to a 34% midpoint, investors sent shares up more than 10% in after‑hours trading, and the results underscore stronger demand for AI security after recent AI vulnerability disclosures.