Financial Data and Key Metrics Changes - The company achieved net new ARR of $194 million, exceeding expectations and contributing to an ending ARR of over $4.4 billion, reflecting a 22% year-over-year growth [6][35]. - Subscription gross margin stood at 80%, showcasing the efficiency of the AI platform, while total gross margin was reported at 78% [7][36]. - Free cash flow reached $279 million, representing 25% of revenue, with a record cash flow from operations of $384 million [7][37]. Business Line Data and Key Metrics Changes - The Falcon Flex model has shown significant adoption, with a total account deal value of $3.2 billion across 820 accounts, growing 31% sequentially and more than six times year-over-year [7][9]. - The next-gen SIEM business delivered triple-digit ending ARR growth, indicating strong market demand and successful displacement of legacy products [25][26]. - The cloud business experienced strong growth, with net new and total ARR accelerating year-over-year, supported by the launch of new technologies [21][22]. Market Data and Key Metrics Changes - The geographic revenue mix for Q1 consisted of approximately 67% from the U.S. and 33% from international markets, indicating a balanced global presence [35]. - The MSSP channel contributed over 15% of Q1 deal value, reflecting significant growth in this area compared to previous years [28][102]. Company Strategy and Development Direction - The company is focused on consolidating point products and enhancing customer experience through the Falcon Flex subscription model, which is driving faster adoption and increased spending [8][11]. - There is a strong emphasis on AI-driven solutions, with the introduction of Charlotte AI to enhance security operations and automate processes [19][81]. - The strategic realignment plan aims to optimize investments in key growth areas such as cloud, identity, exposure management, and next-gen SIEM [40][41]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in improving sequential net new ARR growth in Q2 and a reacceleration in the back half of FY 2026, driven by strong demand for the Falcon platform and Falcon Flex [34][38]. - The company anticipates a continued need for cybersecurity solutions in an increasingly complex threat environment, positioning itself as a leader in protecting AI agents and workloads [31][82]. - The share repurchase authorization of up to $1 billion reflects management's confidence in long-term growth prospects and cash flow generation capabilities [33][34]. Other Important Information - The company reported a GAAP net loss of $110.2 million, which included $39.7 million in expenses related to outages [37]. - The company expects a temporary divergence between ARR and subscription revenue due to the impact of customer choice programs [39]. Q&A Session Summary Question: Insights on Falcon Flex and its impact on sales - Management noted that Falcon Flex has significantly changed the sales approach, focusing on outcomes rather than individual modules, leading to faster adoption and increased ARR [48][52]. Question: Divergence between revenue growth and ARR growth - Management explained that the divergence is due to amortization impacts from customer choice programs, which affect revenue recognition differently than ARR [56][57]. Question: Budgeting for reflex deals - The company highlighted that discussions around budget adjustments occur during demand planning, allowing customers to replace point products and achieve better outcomes [61][64]. Question: Changes in sales compensation and market response - Management reported positive feedback from the sales force and customers, indicating a successful transition back to business following previous disruptions [68][71]. Question: Trends in the macro environment - Management emphasized strong execution and customer demand, particularly for next-gen SIEM, despite external market noise [93]. Question: Competitive positioning in the next-gen SIEM market - The company identified Splunk and QRadar as key legacy competitors being displaced, with a focus on delivering better value and performance [97][99]. Question: Momentum in the MSSP channel - Management discussed significant growth in the MSSP channel, highlighting the ease of deployment and strong demand from customers [102][103]. Question: Vision for identity management space - The company aims to deepen its capabilities in identity management, responding to customer demand for consolidated solutions that save costs [108][109].

Financial Data and Key Metrics Changes - The company achieved net new ARR of $194 million, exceeding expectations and bringing total ending ARR to over $4.4 billion, a 22% increase year-over-year [5][32] - Subscription gross margin was reported at 80%, indicating strong efficiency of the AI platform [5][34] - Free cash flow reached $279 million, representing 25% of revenue, with a quarter-on-quarter growth of double digits [5][35] - Total revenue for the quarter was $1.1 billion, reflecting a 20% growth compared to the same quarter last year [33] Business Line Data and Key Metrics Changes - The Falcon Flex model has shown significant success, with a total account value of $3.2 billion across 820 accounts, growing 31% sequentially and more than six times year-over-year [5][6] - The company reported a sustained gross retention rate of 97%, indicating strong customer commitment to the Falcon platform [5][34] - The next-gen SIEM business delivered triple-digit ending ARR growth, showcasing its disruptive impact on legacy products [23] Market Data and Key Metrics Changes - The geographic revenue mix consisted of approximately 67% from the U.S. and 33% from international markets, indicating a balanced global presence [33] - The MSSP business has grown rapidly, now representing over 15% of total deal value, highlighting the increasing importance of managed service providers [26] Company Strategy and Development Direction - The company is focusing on consolidating point products and enhancing the Falcon platform to meet evolving market demands, particularly in AI and cybersecurity [4][29] - The strategic realignment plan aims to optimize investments in key growth areas such as cloud, identity, exposure management, and next-gen SIEM [38] - The company has authorized up to $1 billion in share repurchases, reflecting confidence in long-term growth prospects and cash flow generation capabilities [31][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in improving sequential net new ARR growth in Q2 and accelerating growth in the back half of FY 2026, driven by strong demand for the Falcon platform [31][36] - The company anticipates a divergence between ARR and subscription revenue due to the impact of the CCP program, which is expected to normalize in the future [37] - The management highlighted the necessity of cybersecurity in the AI age, positioning the company as a leader in protecting autonomous AI agents [15][29] Other Important Information - The company launched new technologies such as AI model scanning and AI security dashboard to address the growing demand for AI tools while managing associated risks [20] - The Falcon platform's capabilities are being enhanced to provide better protection for identities, workloads, and data, aligning with market needs [100] Q&A Session Summary Question: Insights on Falcon Flex and its impact on sales - Management noted that Falcon Flex has significantly changed the sales approach, focusing on outcomes rather than module-by-module sales, leading to increased customer adoption and spending [47][50] Question: Divergence between revenue growth and ARR growth - The divergence is attributed to the amortization impacts of the CCP program, which affects revenue recognition differently than ARR [54][55] Question: Budgeting for reflex deals - Customers typically reassess their budgets based on the value received from Falcon Flex, leading to discussions on replacing point products and planning phased rollouts [58][60] Question: Changes in sales compensation and market response - The salesforce has responded positively to the new compensation structures and the focus on innovation, leading to increased customer engagement and adoption rates [64][67] Question: Free cash flow margin expectations - The company expects to achieve a free cash flow margin of over 30% next year, driven by the success of Falcon Flex and larger deals [83][85] Question: Trends in the macro environment - The company has executed well despite market noise, with strong demand for next-gen SIEM and overall positive customer engagement [88][89] Question: Competitive positioning in the MSSP channel - The company has strengthened its relationships with managed service providers, leading to significant growth in this channel and improved competitive positioning [96][98] Question: Vision for identity management space - The company aims to deepen its capabilities in identity management, responding to customer demand for more comprehensive solutions [100][101]

Core Insights - CrowdStrike's shares fell 7% after issuing a weaker-than-expected revenue forecast despite a nearly 20% increase in revenue for the fiscal first quarter [1][2] - The company reported a net loss of $110.2 million, or 44 cents per share, compared to a net income of $42.8 million, or 17 cents per share in the same quarter last year [1] - CrowdStrike raised its full-year earnings guidance while maintaining its revenue expectations, projecting adjusted earnings per share of $3.44 to $3.56 and revenue of $4.74 billion to $4.81 billion [3] Financial Performance - For the fiscal first quarter, revenue was $1.10 billion, matching expectations, while adjusted earnings per share were 73 cents, exceeding the expected 65 cents [5] - The company anticipates adjusted earnings per share of 82 to 84 cents for the current quarter, with revenue projected between $1.14 billion and $1.15 billion, slightly below analyst expectations [2] Strategic Actions - CrowdStrike announced a $1 billion share buyback program, reflecting confidence in its future and commitment to its mission [3][4] - As of the latest close, CrowdStrike's stock has increased by 43% in 2025, significantly outperforming the S&P 500 index, which gained less than 2% [4]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Financial Results Q1 FY 2026 As of June 3, 2025 ® CrowdStrike, Inc. All rights reserved. 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 statements include all statements that are not historical facts, and in some cases, can be identified by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," " ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 6, 2025 CrowdStrike Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 001-38933 45-3788918 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 206 E. 9th Street Suite 1400 Austin, Texas 78701 (Address of prin ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Market Overview - Markets closed flat-to-up on the first trading day of June, with the Dow finishing +35 points (+0.08%), S&P 500 rising +24 points (+0.41%), and Nasdaq outperforming with +128 points (+0.67%) [1] - Small-cap Russell 2000 rose +0.19% on the day [1] Trade and Economic Indicators - Recent trade tensions were highlighted by President Trump's announcement of a +50% tariff on steel and aluminum, which impacted market sentiment [2] - Renewed interest in AI supported tech stocks, while oil companies benefited from $63 per barrel oil prices [2] Manufacturing and Construction Data - S&P final Manufacturing PMI for May showed a slight decline to 52.0, which was 30 basis points below estimates, while ISM Manufacturing came in at +48.5%, down 20 basis points from April [3] - Construction Spending for April was reported at -0.4%, which was 60 basis points below expectations of +0.2%, marking the third negative month in the first four of 2025 [4] Upcoming Economic Reports - Job Openings and Labor Turnover Survey (JOLTS) for April is expected to decrease to 7.1 million from 7.2 million [5] - Factory Orders for April are anticipated to decline by -3.3%, down from +4.3% in March, reflecting concerns related to the trade war [6] Company Earnings Reports - Dollar General is expected to report a negative -10.9% earnings per share with +3.76% revenue growth, while CrowdStrike is projected to show negative -29% earnings per share growth with +20% revenue growth [7]

Market Performance - The S&P 500 gained 6.1% in May, marking its best performance since an 8.9% rise in November two years ago [2] Employment and Labor Market - Economists expect a gain of 130,000 in nonfarm payrolls for May, with the unemployment rate remaining steady at 4.2% [5] - Wells Fargo economists indicate that May's employment report will reflect the labor market's response to recent trade uncertainties, with hiring appetite among firms remaining low [6][7] - New job postings on Indeed fell to their lowest level since 2020 in May, and hiring plans among small businesses are near cycle lows [7] Earnings Reports - Broadcom is expected to report a 43% year-over-year increase in profit and nearly 20% growth in revenue, driven by AI-related demand and strong semiconductor positioning [8] - CrowdStrike is anticipated to post EPS of $0.66 on revenue of $1.11 billion, with RBC analysts expressing optimism for software stocks in 2025 [10] Bond Market Concerns - Jamie Dimon warns of a potential crack in the bond market due to rising federal debt, urging the government to take remedial measures [11][12] - Dimon suggests that the timeline for a potential crisis could range from six months to six years [13] EV Market Performance - XPeng reported May deliveries of 33,525 Smart EVs, a 230% year-over-year increase, and a year-to-date total of 162,578 Smart EVs, up 293% [13] - Li Auto delivered 40,856 vehicles, up 16.66% year-over-year, while NIO delivered 23,231 vehicles, a 13.1% year-over-year increase [14] Financial Market Outlook - BofA indicates that financial markets are at a high-stakes inflection point, with risk assets poised for a significant move, either a breakout or a breakdown [16]

Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few quarters to multiple years ...