ZACKS·2025-12-01 14:50Core Insights - CrowdStrike Holdings, Inc. is expected to announce strong third-quarter fiscal 2026 results on December 2, driven by robust demand for its cybersecurity products amid increasing cyber threats globally [1][10] - The company anticipates revenues between $1.208 billion and $1.218 billion for the third quarter, reflecting a year-over-year growth of 20.2% [3][10] - The Falcon Flex subscription model is a significant growth driver, contributing to a total annual recurring revenue (ARR) of $4.66 billion, which is a 20% increase from the previous year [5][10] Revenue Expectations - The Zacks Consensus Estimate for CrowdStrike's third-quarter revenues is pegged at $1.21 billion, indicating strong performance despite broader economic challenges [3][10] - Subscription revenues for the third quarter are expected to reach $1.16 billion, also reflecting a year-over-year increase of 20% [8][10] Subscription Model Insights - The Falcon Flex subscription model has added $221 million in net new ARR during the second quarter, showcasing its effectiveness in driving revenue growth [5][10] - More than 1,000 customers are currently using Falcon Flex, with over 100 signing follow-on "re-Flex" deals, indicating strong customer retention and expansion [7][10] - The re-Flex deals are significant as they can boost ARR by nearly 50%, highlighting the growing adoption of CrowdStrike's services [7][10]