Financial Data and Key Metrics Changes - Record Q2 net new ARR of $221 million, exceeding expectations and showcasing accelerating net new ARR growth [7] - Ending ARR reached $4.66 billion, growing more than 20% year over year [7][35] - Total revenue grew 21% year over year, reaching $1.17 billion, exceeding the high end of guidance [8][35] - Record Q2 free cash flow of $284 million, representing 24% of revenue [7][35] - Non-GAAP operating income was a record $255 million, or 22% of revenue [7][35] Business Line Data and Key Metrics Changes - Cloud, next-gen identity, and next-gen SIEM platform solutions exceeded $1.56 billion in ending ARR, growing more than 40% year over year [8] - Next-gen SIEM had year-over-year growth of more than 95%, with ending ARR over $430 million [14][15] - Next-gen identity protection business exceeded $435 million in ending ARR, growing more than 21% year over year [22] - Professional services revenue reached a record $66 million [35] Market Data and Key Metrics Changes - Total cloud ending ARR exceeded $700 million, growing more than 35% year over year [25] - Geographic revenue mix consisted of approximately 67% from the U.S. and 33% from international markets, with both U.S. and EMEA year-over-year growth accelerating compared to Q1 [36] Company Strategy and Development Direction - Focus on AI-driven market demand and customer-driven consolidation, leveraging the Falcon Flex licensing model to drive sustained growth [34] - Intent to acquire ONEM, a leading data pipeline platform, to enhance next-gen SIEM capabilities [16][19] - Emphasis on securing AI at every layer, from model creation to endpoint access, positioning CrowdStrike as a leader in AI security [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued net new ARR acceleration for the back half of FY 2026, with guidance assuming at least 40% year-over-year net new ARR growth [34][40] - The company highlighted the importance of consolidating security operations onto the Falcon platform as customers modernize their security stacks for the AI era [35] - Management noted that the threat landscape is evolving rapidly, with AI driving both opportunities and challenges in cybersecurity [32] Other Important Information - The company achieved a milestone of 800 customers with ending ARR exceeding $1 million [35] - The Falcon Flex model has seen over 1,000 customers, with more than 220 new Flex customers added in Q2 [27] - The company plans to hold its largest customer event, Falcon 2025, with over 100 sponsors and 8,000 attendees [43] Q&A Session Summary Question: Revenue guidance for Q3 and the full year - Management confirmed that the partner rebate program remains in effect and is factored into revenue guidance, with expectations for continued high retention rates and accelerating net new ARR [46][48] Question: Targeting in the identity market - Management discussed their early recognition of identity as a key security element and the success of their next-gen identity solutions, including Falcon Shield and PAM [52][54] Question: Customer care packages and net retention - Management expressed confidence in high renewal rates for modules and the positive impact of Falcon Flex on customer retention and growth [60][62] Question: ONEM acquisition and competition - Management highlighted the disruptive potential of ONEM in real-time data analysis and its complementary role to existing next-gen SIEM solutions [66][68] Question: Competitive environment in cloud security - Management noted that the market is still in early stages, with significant interest in cloud workload protection and the company's leading technology in that area [80][81]

Financial Data and Key Metrics Changes - Record Q2 net new ARR of $221 million, exceeding expectations and showcasing accelerating growth [5][34] - Ending ARR reached $4.66 billion, growing more than 20% year over year [5][34] - Total revenue grew 21% year over year, reaching $1.17 billion, exceeding guidance [6][36] - Record Q2 free cash flow of $284 million, representing 24% of revenue [5][34] - Non-GAAP operating income was a record $255 million, or 22% of revenue [5][38] Business Line Data and Key Metrics Changes - Cloud, next-gen identity, and next-gen SIEM platform solutions exceeded $1.56 billion in ending ARR, growing more than 40% year over year [6][34] - Next-gen SIEM had year-over-year growth of over 95%, with ending ARR exceeding $430 million [13][34] - Next-gen identity protection business exceeded $435 million in ending ARR, growing more than 21% year over year [21][34] Market Data and Key Metrics Changes - Total cloud ending ARR exceeded $700 million, growing more than 35% year over year [23][34] - Geographic revenue mix consisted of approximately 67% from the U.S. and 33% from international markets, with both U.S. and EMEA year-over-year growth accelerating compared to Q1 [36] Company Strategy and Development Direction - Focus on AI-driven market demand and customer-driven consolidation, leveraging the Falcon Flex licensing model for sustained growth [32][34] - Intent to acquire ONEM, a leading data pipeline platform, to enhance next-gen SIEM capabilities [14][19] - Emphasis on securing AI at every layer, from model creation to endpoint access, positioning CrowdStrike as a leader in AI security [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued net new ARR acceleration for the back half of FY 2026, expecting at least 40% year-over-year growth [32][34] - The company highlighted the importance of addressing customer concerns regarding AI security and the evolving threat landscape [9][10] - Management noted that the competitive landscape is shifting, with increased demand for integrated security solutions [80] Other Important Information - The company achieved a milestone of 800 customers with ending ARR exceeding $1 million [34] - The Falcon Flex model has seen over 1,000 customers, with more than 75% utilization across the customer base [25][34] - The company expects to exceed $5 billion in ending ARR by fiscal year-end, on the path to $10 billion by FY 2031 [36][34] Q&A Session Summary Question: About revenue guidance and partner rebate program - Management confirmed that ARR is the best leading indicator and highlighted the impact of partner rebate programs on sustaining high retention rates and accelerating net new ARR [45][47] Question: Insights on identity market targeting - Management emphasized early recognition of identity as a key security element and the success of their next-gen identity solutions [51][53] Question: Sustainability of net new ARR growth - Management expressed confidence in the sustainability of growth due to strong platform performance and customer consolidation [90][91] Question: ONEM acquisition and its competitive positioning - Management highlighted ONEM's capabilities in real-time analysis and its potential to disrupt legacy solutions [66][68] Question: Dynamics of EDR market and customer interest - Management reiterated the importance of EDR in the modern SOC and the company's leadership in that space [70][72] Question: Update on cloud security competitive environment - Management noted that the market is still in early stages, with significant interest in cloud workload protection [78][80] Question: Future of core business growth - Management acknowledged deceleration in core business growth but expressed optimism about potential accelerators [114]

Crowd Strike is down I think about 7% uh on earnings. Steve Kovac, what do the numbers look like. >> The numbers look great, John.I'm trying to figure out why we're seeing the stock down nearly 8% on this. They pretty much beat on every metric here. We got EPS beating by 10 cents at 93 cents adjusted.We have revenues beating slightly 1.17% billion. Street wanted to see 1.15% billion. Subscription revenue right in line with estimates.ARR better than estimates. Guidance looks good. So, I'm really not clear wh ...

Financial Results Q2 FY 2026 As of August 27, 2025 ® CrowdStrike, Inc. All rights reserved. Please see the appendix included at the end of this presentation for a discussion of non-GAAP financial measures and a reconciliation of historical non-GAAP measures to historical GAAP measures. Safe Harbor This presentation includes express and implied "forward-looking statements", including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking stateme ...

CrowdStrike projected sales for the current quarter that narrowly missed analysts’ estimates https://t.co/oJqtnKWoWs ...

CrowdStrike Reports Second Quarter Fiscal Year 2026 Financial Results AUSTIN, Texas, August 27, 2025 -- CrowdStrike Holdings, Inc. (Nasdaq: CRWD), today announced financial results for the second quarter fiscal year 2026, ended July 31, 2025. "With reacceleration a quarter ahead of our expectations, CrowdStrike delivered an exceptional Q2. Record Q2 net new ARR of $221 million, over 1,000 Flex customers, and more than 100 re-flexes highlight CrowdStrike as the leader in cybersecurity consolidation," said Ge ...

Core Viewpoint - CrowdStrike Holdings, Inc. is set to release its second-quarter earnings results, with expectations of a decline in earnings per share compared to the previous year, while revenue is projected to increase significantly [1]. Financial Performance - Analysts anticipate CrowdStrike will report earnings of 83 cents per share for the second quarter, down from $1.04 per share in the same period last year [1]. - The company is projected to generate quarterly revenue of $1.15 billion, an increase from $963.87 million a year earlier [1]. Analyst Ratings - CrowdStrike missed earnings per share estimates in the first quarter but has beaten estimates in nine of the last ten quarters overall [2]. - The stock closed at $417.60, reflecting a slight decline of 0.3% [2]. - Cantor Fitzgerald analyst Jonathan Ruykhaver maintains an Overweight rating with a price target of $475 [4]. - BMO Capital analyst Keith Bachman has an Outperform rating but reduced the price target from $500 to $460 [4]. - Evercore ISI Group analyst Peter Levine maintained an In-Line rating and cut the price target from $440 to $425 [4]. - Jefferies analyst Joseph Gallo has a Buy rating and raised the price target from $520 to $530 [4]. - Morgan Stanley analyst Hamza Fodderwala downgraded the stock from Overweight to Equal-Weight, raising the price target from $490 to $495 [4].

BMO Capital将CrowdStrike的目标价从500美元下调至460美元，维持"跑赢大市"评级。(格隆汇) ...

Core Insights - CrowdStrike Holdings, Inc. (CRWD) is set to announce its fiscal 2026 second-quarter earnings on August 27, with strong demand for security solutions noted on Wall Street [1] - The company has faced downward pressure on its stock due to disappointing revenue guidance for the second quarter, making the upcoming earnings report critical for its stock performance [2] Revenue Performance - For the fiscal first quarter, CrowdStrike reported a revenue of $1.10 billion, reflecting a year-over-year growth of 20%, which is lower than the 29% growth for the full fiscal year 2025 [3] - The anticipated revenue for the second quarter is projected to be between $1.14 billion and $1.15 billion, indicating a 19% year-over-year growth, which is a slowdown compared to the first quarter [4] Cash Flow and Valuation - Free cash flow decreased to $279.4 million in the fiscal first quarter from $322.5 million in the same period last year, attributed to $61 million in expenses from a platform outage [5] - CrowdStrike's forward price-to-sales (P/S) ratio is 21.9, significantly higher than the Security industry average of 13.7, suggesting caution for new investors [6] Competitive Landscape - The company faces pricing pressure from competitors like Microsoft Corporation (MSFT), which offers endpoint security as part of its Microsoft 365 E5 package, complicating CrowdStrike's market position [7] Long-term Outlook - CrowdStrike's annual recurring revenue (ARR) reached a record $4.4 billion in the fiscal first quarter, marking a 22% increase year-over-year, with management targeting $10 billion by fiscal 2031, representing a 127% increase from current levels [9][11] - The projected addressable market for CrowdStrike is $116 billion, indicating significant growth potential in the coming years [12]

Wall Street is anxious to hear about megacap Nvidia's (NVDA) latest quarter, with AI chip sales and unusual deals with the U.S. government in focus, but the semiconductor giant is not the only notable name hitting up the earnings confessional this week. In fact, cybersecurity firm Crowdstrike Holdings Inc (NASDAQ:CRWD) will report second-quarter results after the close on Wednesday, Aug. 27.CRWD has been on a path lower since its July 3, record high of $517.98, with news of Alphabet's (GOOGL) divestment and ...