CrowdStrike 8-K
PositiveEarningsGuidance raised
Falcon Flex ARR more than doubles Y/Y; strong Q2 results and a record Q3 pipeline lift FY2027 net new ARR growth guidance
Filed 2026-08-26 16:07 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 FY2027 results with Q3 and FY2027 guidance; CrowdStrike raised FY2027 net new ARR growth guidance by 630 bp to 34% Y/Y at the midpoint, citing strong Q2 results and a record Q3 pipeline.
Key Figures
| Metric | Q2 FY2027 | Q2 FY2026 | Y/Y |
|---|---|---|---|
| Revenue | $1.47B | $1.17B | +26% |
| GAAP loss from operations | $(33.2)M | $(105)M | n/m |
| Non-GAAP income from operations | $372M | $255M | +46% |
| GAAP net income (loss) attributable to CrowdStrike | $5.31M | $(70.2)M | n/m |
| Non-GAAP net income attributable to CrowdStrike | $323M | $237M | +36% |
| GAAP diluted EPS attributable to CrowdStrike common stockholders | $0.01 | $(0.07) | n/m |
| Non-GAAP diluted EPS attributable to CrowdStrike common stockholders | $0.31 | $0.23 | +35% |
| Net cash provided by operating activities | $530M | $333M | +59% |
| Free cash flow | $377M | $284M | +33% |
| ARR | $5.84B | — | +25% |
- Subscription revenue was $1.40B, up 27% Y/Y; net new ARR was a record $333M, up 51% Y/Y. Falcon Flex accounts generated more than $2.29B of ending ARR, up 101% Y/Y.
- Cash and cash equivalents were $5.01B at 7/31/2026. H1 FY2027 common stock repurchases were $176M.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| ARR | Q3 FY2027 | $6.1844B-$6.1884B | — | — |
| Total revenue | Q3 FY2027 | $1.5232B-$1.5292B | — | — |
| Non-GAAP income from operations | Q3 FY2027 | $372.7M-$375.9M | — | — |
| Non-GAAP net income attributable to CrowdStrike | Q3 FY2027 | $325.4M-$327.9M | — | — |
| Non-GAAP diluted EPS attributable to CrowdStrike common stockholders | Q3 FY2027 | $0.31 | — | — |
| Weighted-average diluted shares for non-GAAP EPS | Q3 FY2027 | 1,048M | — | — |
| Non-GAAP tax rate | Q3 FY2027 | 21.0% | — | — |
| ARR | FY2027 | $6.603B-$6.6119B | — | — |
| Total revenue | FY2027 | $5.9911B-$6.0111B | — | — |
| Non-GAAP income from operations | FY2027 | $1.4972B-$1.5084B | — | — |
| Non-GAAP net income attributable to CrowdStrike | FY2027 | $1.3027B-$1.3116B | — | — |
| Non-GAAP diluted EPS attributable to CrowdStrike common stockholders | FY2027 | $1.25-$1.26 | — | — |
| Weighted-average diluted shares for non-GAAP EPS | FY2027 | 1,044M | — | — |
| Non-GAAP tax rate | FY2027 | 21.0% | — | — |
| Net new ARR growth | FY2027 | 34% Y/Y at midpoint | 27.7% Y/Y at midpoint | Raised |
Investor Takeaways
- Watch Q3 revenue and ARR against guidance, and whether the record pipeline converts into net new ARR growth consistent with the raised FY2027 outlook.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3