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FinanceCrowdStrike Q2 FY2027 revenue and ARR beat estimates, stock up 12% after hours
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CrowdStrike reported second-quarter fiscal 2027 results on August 26, 2026, beating analyst expectations on revenue and annual recurring revenue (ARR). Total revenue reached $1.47 billion, up 26% year-over-year, with adjusted EPS of $0.31, exceeding estimates of $1.44 billion and $0.29. ARR grew 25% to $5.84 billion, adding a record $332.8 million in net new ARR, a 51% increase from a year ago. The company raised its full-year revenue guidance to $5.99-$6.01 billion and increased net new ARR growth guidance by 630 basis points to 34%. CrowdStrike also reported record quarterly cash flow from operations of $530.3 million and free cash flow of $377.4 million. ARR from Falcon Flex platform accounts surged 101% to over $2.29 billion. CEO George Kurtz attributed growth to AI adoption driving security demand. The stock rose up to 12% in extended trading and is up 62% year-to-date.
Source report
Anthony Lopopolo Wed, August 26, 2026 at 1:46 PM PDT | 2 min read
CRWD
CrowdStrike reported second-quarter fiscal 2027 results on Wednesday that exceeded analyst expectations on both revenue and annual recurring revenue (ARR). The company also raised its full-year guidance on both metrics.
Key Financial Results
- Total revenue for the quarter ended July 31 reached $1.47 billion, up 26% from $1.17 billion in the same period a year earlier.
- Adjusted earnings per share came in at $0.31.
- Analysts had estimated $1.44 billion in revenue and $0.29 EPS, according to Bloomberg.
Annual Recurring Revenue
- ARR grew 25% year-over-year to $5.84 billion as of July 31.
- Net new ARR added during the quarter totaled $332.8 million — a company record and a 51% increase from a year ago.
- Analysts had estimated $5.79 billion in ARR on average, per Bloomberg.
Guidance
For the full fiscal year 2027, CrowdStrike forecast:
- Revenue: $5.99 billion to $6.01 billion (ahead of analyst estimates of $5.94 billion)
- Q3 revenue guidance: Up to $1.53 billion (above the average analyst estimate of $1.52 billion)
- Full-year net new ARR growth guidance: Raised by 630 basis points to 34% year-over-year growth at the midpoint
Cash Flow and Balance Sheet
- Record Q2 cash flow from operations: $530.3 million (up from $332.8 million a year earlier)
- Free cash flow: $377.4 million (up from $283.6 million)
- Cash and cash equivalents: $5.01 billion as of July 31
Falcon Flex Platform
ARR from accounts that have adopted CrowdStrike's Falcon Flex platform exceeded $2.29 billion, growing 101% year-over-year.
Executive Commentary
"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." — George Kurtz, Chief Executive Officer
Stock Performance
- CrowdStrike stock jumped as much as 12% in extended trading on Wednesday.
- The stock had already climbed to record highs earlier this month following the Black Hat cybersecurity conference, where demand for AI security tools dominated industry conversations and analysts raised their price targets.
- The Austin, Texas-based company, founded in 2011, completed a four-for-one stock split in July.
- The stock is up as much as 62% on the year.
Source
Yahoo FinanceWestern
Part of this Story
CrowdStrike Reports Record Q2 Earnings, Stock Surges on AI-Driven Cybersecurity Demand