Financial Data and Key Metrics - Ending ARR surpassed $4 billion, growing 27% YoY to $4.02 billion, with $153 million net new ARR added in Q3 [61] - Q3 revenue exceeded $1 billion for the first time, with subscription revenue growing 31% YoY to $962.7 million [12][66] - Free cash flow was $231 million, or 23% of revenue, achieving a Rule of 51 on a free cash flow basis [12][69] - Gross retention rate remained resilient at over 97%, with a slight decrease of less than 0.5 percentage points [14][63] - Dollar-based net retention rate was 115%, reflecting customer commitment to the Falcon platform [15][63] Business Line Performance - Falcon Flex subscription model drove significant adoption, with over 150 deals closed in Q3, representing more than $600 million in total deal value [13][21] - Falcon Next-Gen SIEM saw net new ARR growth accelerating to over 150% YoY, with 30 million Fusion SOAR workflows per week and over 2,000 customers [44] - Identity Protection business expanded with the acquisition of Adaptive Shield, enhancing SaaS posture management and identity security [13][35][41] - Charlotte AI, the company's AI agent, achieved triple-digit growth in Q3, driven by customer demand for automation and time savings [49] Market Performance - Healthcare vertical had a record quarter, driven by increased cybersecurity investments due to heightened attacks [16] - Corporate sales team covering organizations below 2,500 employees had their largest quarter ever, benefiting from Falcon Flex and competitive takeouts [16] - Falcon Flex adoption accelerated globally, with accounts adopting the model now representing more than $1.3 billion in total deal value [21][24] Strategic Direction and Industry Competition - CrowdStrike is focused on platform consolidation, innovation, and customer trust, with Falcon Flex driving rapid adoption and measurable ROI [9][10][18] - The acquisition of Adaptive Shield strengthens the company's cloud and identity security offerings, positioning it as a leader in SaaS posture management [13][35] - CrowdStrike continues to lead in AI-powered cybersecurity, with innovations in cloud security, identity protection, and Next-Gen SIEM [10][34][45] - The company's competitive win rates remain consistent or trending upwards, with larger deal sizes attributed to platform evolution and brand recognition [18] Management Commentary on Operating Environment and Future Outlook - Management highlighted the importance of trust, platform adoption, and innovation in driving customer obsession and strong execution [10] - The company remains focused on reaccelerating net new ARR growth starting in the back half of FY 2026, driven by Falcon Flex and increased module adoption [65][71] - CrowdStrike is committed to achieving $10 billion in ending ARR by FY 2031 and a free cash flow margin target between 34% and 38% by FY 2029 [76] Other Important Information - CrowdStrike hosted its largest-ever Fal.Con event, with 6,000 attendees from over 60 countries, showcasing the strength of its ecosystem [19][20] - The company announced a strategic partnership with Fortinet, further expanding its reach in the SMB market [51] - CrowdStrike Financial Services (CFS) closed over $49 million in deal value in its first quarter, including two eight-figure deals [31] Q&A Session Summary Question: Security spending outlook for next year - Customers are prioritizing the best products and platforms to stop breaches and consolidate cybersecurity tools, driven by a worsening threat environment and regulatory pressures [90][91] Question: ARR seasonality in Q4 - Limited visibility due to the July 19th incident and customer commitment packages makes it difficult to predict Q4 net new ARR seasonality [95][96] Question: Customer churn and adoption trends - Churn is minimal among larger customers, with strong adoption driven by the Falcon platform's value and the company's response to the July 19th incident [100][101] Question: Agentic AI and Charlotte AI - Charlotte AI is designed to go beyond a copilot, performing tasks autonomously and significantly improving SOC efficiency [104][105] Question: Factors impacting Q4 performance - Extended sales cycles, customer commitment packages, and muted upsell rates are expected to impact Q4 performance [109][110] Question: Falcon Flex deal duration - Falcon Flex deals are trending longer, contributing to increased customer stickiness and platform adoption [115] Question: Falcon Flex and ARR reacceleration - Falcon Flex is driving larger deals and faster module adoption, setting the stage for ARR reacceleration in the back half of FY 2026 [119] Question: Next-Gen SIEM competitive landscape - CrowdStrike's Next-Gen SIEM offers unmatched speed, scalability, and cost efficiency, driving customer adoption and displacing legacy SIEM vendors [123][124] Question: Falcon Flex and customer retention - Falcon Flex increases platform stickiness as customers adopt more modules, making it harder to leave the platform [128] Question: RPO growth and revenue recognition - Strong RPO growth reflects longer deal durations and customer commitment packages, with revenue recognition expected to lag in the short term [133] Question: ARR and revenue divergence - The temporary divergence between ARR and revenue is due to customer commitment packages, with ARR impacted more immediately than revenue [136]

For the quarter ended October 2024, CrowdStrike Holdings (CRWD) reported revenue of $1.01 billion, up 28.5% over the same period last year. EPS came in at $0.93, compared to $0.82 in the year-ago quarter.The reported revenue represents a surprise of +2.84% over the Zacks Consensus Estimate of $982.26 million. With the consensus EPS estimate being $0.81, the EPS surprise was +14.81%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

CROWDSTRIKE Financial Results Q3 FY 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," "may," " ...

CrowdStrike Holdings (CRWD) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.81%. A quarter ago, it was expected that this cloud-based security company would post earnings of $0.98 per share when it actually produced earnings of $1.04, delivering a surprise of 6.12%.Over the last fo ...

Core Insights - CrowdStrike reported a third-quarter revenue of $1.01 billion, reflecting a 29% year-over-year increase, surpassing analyst expectations [1] - The company experienced an unexpected loss of $16.82 million, or 7 cents per share, compared to a profit of $26.67 million, or 11 cents per share, in the same quarter last year [1] - The loss was attributed to rising expenses, particularly related to the fallout from a significant software update issue in July [2] Financial Performance - Third-quarter revenue was $1.01 billion, exceeding analyst consensus [1] - The company raised its full-year revenue guidance to between $3.92 billion and $3.93 billion, up from a previous range of $3.89 billion to $3.90 billion [4] - Despite the revenue increase, the company reported a loss of $16.82 million, indicating a significant rise in costs [1][4] Incident Impact - The July software update issue had widespread effects, including grounding thousands of flights and incurring significant costs for CrowdStrike [2] - Delta Air Lines has filed a lawsuit against CrowdStrike, estimating the incident cost the airline $500 million, along with future revenue losses and reputational damage [3] - CrowdStrike maintains that it is not responsible for Delta's handling of the incident and claims the airline did not accept its offers for assistance [3] Market Reaction - Following the earnings release, CrowdStrike's shares fell by 2% in extended trading, although the stock had risen over 42% since the beginning of the year [4]

CrowdStrike Reports Third Quarter Fiscal Year 2025 Financial Results • Surpasses $4 billion ending ARR milestone, grows 27% year-over-year to reach $4.02 billion • Exceeds $1 billion quarterly total revenue milestone, grows 29% year-over-year to reach $1.01 billion • Delivers cash flow from operations of $326 million and free cash flow of $231 million, achieving a free cash flow rule of 51 AUSTIN, Texas, November 26, 2024 -- CrowdStrike Holdings, Inc. (Nasdaq: CRWD) today announced financial results for the ...

CrowdStrike Holdings, Inc. CRWD will release earnings results for its third quarter, after the closing bell on Tuesday, Nov. 26.Analysts expect the Austin, Texas-based bank to report quarterly earnings at 81 cents per share, down from 82 cents per share in the year-ago period. CrowdStrike projects to report revenue of $983.03 million for the recent quarter, compared to $786.01 million a year earlier, according to data from Benzinga Pro.CrowdStrike has beaten analyst revenue estimates in more than 10 straigh ...

Earnings and Market Expectations - CrowdStrike Holdings Inc is set to report its third-quarter earnings with Wall Street expecting 81 cents in EPS and $982.36 million in revenues [1] - The stock has shown significant growth, up 73.12% over the past year and 20.7% over the past month [2] Technical Analysis and Stock Performance - CrowdStrike stock is trading at $363.68, significantly above its five-day, 20-day, and 50-day exponential moving averages (EMAs), indicating a strong bullish trend [3] - The stock is on the verge of forming a golden cross, a technical indicator often associated with bullish momentum [2] - The eight-day simple moving average (SMA) is at $355.04, the 20-day SMA at $335.66, and the 50-day SMA at $311.85, all reflecting robust upward momentum [3] - The 200-day SMA of $312.32 reinforces the bullish outlook as the share price firmly surpasses long-term resistance levels [3] Analyst Ratings and Price Targets - The consensus analyst rating on CrowdStrike stock stands at a Buy with a price target of $338.11 [5] - The latest analyst ratings from Evercore ISI Group, Rosenblatt, and KeyBanc suggest an average price target of $393.33, implying an 8.81% upside potential [5] Short-Term Risks and Indicators - The Relative Strength Index (RSI) at 67.97 suggests the stock is nearing overbought territory, hinting at potential bearish pressure [4] - The high Moving Average Convergence Divergence (MACD) of 16.10 confirms the strength of the trend but could precede a cooling-off period [4] - Despite the bullish signals, traders should remain mindful of short-term overbought risks [4] Recent Stock Performance - CrowdStrike stock closed Monday's trading day at $363.68, down 2.3% [6]

Key TakeawaysCrowdStrike is set to report third-quarter results after markets close Tuesday, with analysts expecting rising revenue and adjusted profit.It will be CrowdStrike's first full quarter since a faulty July software update caused a global Microsoft Windows outage with wide-ranging impacts.Morgan Stanley analysts recently wrote that they believe the outage will have less of a negative impact on CrowdStrike's bookings than consensus estimates. After markets close Tuesday, CrowdStrike (CRWD) is schedu ...

CrowdStrike Holdings, Inc. (CRWD) is scheduled to release third-quarter fiscal 2025 results on Nov. 26.For the third quarter, CrowdStrike projects total revenues between $979.2 million and $984.7 million. The Zacks Consensus Estimate for revenues is pegged at $982.3 million, which indicates growth of 25% from the year-ago quarter's level.CrowdStrike anticipates non-GAAP earnings between 80 cents and 81 cents per share. The consensus mark for the bottom line has been revised a penny downward to 81 cents per ...