Overview
- CrowdStrike reported results on Wednesday, Aug. 26, that beat analyst estimates with $1.47 billion in revenue and $0.31 adjusted EPS.
- The company added a record $333 million in net new annual recurring revenue and finished the quarter with $5.84 billion in total ARR.
- Management raised full‑year fiscal 2027 revenue and lifted its net new ARR growth target to about a 34% midpoint.
- CrowdStrike turned GAAP profitability positive and generated strong cash flow, with roughly $5.3 million in net income and about $377 million in free cash flow.
- Executives said enterprise concern over advanced AI models is driving faster spending and that Falcon Flex, a usage‑based consumption model that topped $2.29 billion in ARR, is the main engine for expanding sales within existing customers.