New York, March 3, 2026, 18:34 EST — Trading after the bell.
- CrowdStrike gave up around 0.5% postmarket, following a 1.7% climb at the close Tuesday.
- The company beat profit forecasts for the quarter, while ARR climbed above $5.25 billion.
- Attention has shifted to fiscal 2027 guidance, buyback plans, and the outlook for AI-fueled security demand.
Shares of CrowdStrike Holdings slipped roughly 0.5% to $389.55 in after-hours action Tuesday, giving back some ground following a 1.7% advance to $391.42 during the regular session. The cybersecurity company topped quarterly expectations and provided its fiscal 2027 guidance. MarketScreener
Software stocks are navigating turbulence as investors question if fresh AI products will pressure subscription fees and dampen demand. Piper Sandler’s Rob Owens bumped up CrowdStrike to “overweight” from “neutral” just before earnings, saying the cybersecurity pullback seems overblown. MarketWatch
Options traders were set up for volatility ahead of CrowdStrike’s earnings. Implied moves in the options market pointed to a possible 7% swing either way by week’s end, according to Investopedia’s report before the numbers came out. Investopedia
CrowdStrike posted a 23% jump in fourth-quarter revenue to $1.31 billion. Subscription revenue brought in $1.24 billion. The company’s annual recurring revenue reached $5.25 billion, up 24%, after tacking on $330.7 million in net new ARR during the quarter. Business Wire
Profit moved higher for CrowdStrike, both on GAAP and non-GAAP measures. The company logged $38.7 million in GAAP net income for the quarter, with non-GAAP earnings coming in at $1.12 per diluted share. Free cash flow hit $376.4 million, according to the release. Business Wire
CrowdStrike booked $4.81 billion in total revenue for the year, marking a 22% increase, and free cash flow landed at $1.24 billion. As of Jan. 31, the company held $5.23 billion in cash and cash equivalents. Business Wire
CrowdStrike is targeting first-quarter fiscal 2027 revenue between $1.360 billion and $1.364 billion, with non-GAAP EPS expected in the $1.06 to $1.07 range. For the full year, the company sees revenue landing between $5.8676 billion and $5.9276 billion and projects non-GAAP earnings per share of $4.78 to $4.90. Business Wire
Analysts polled by FactSet, as reported by MT Newswires, see fiscal 2027 revenue hitting roughly $5.86 billion, with non-GAAP EPS forecast at $4.80. MarketScreener
CEO George Kurtz leaned into the AI theme, describing CrowdStrike as “mission-critical infrastructure” for companies moving into AI. CFO Burt Podbere, echoing that optimism, said they had “strong conviction” in boosting the fiscal 2027 ARR target. Business Wire
CrowdStrike revealed new share repurchases, saying it bought back 143,801 shares for $50.6 million through March 2 under its ongoing program. The company has about $949.4 million left in authorization, according to its statement. Business Wire
The company is betting on several growth levers: its Falcon AI Detection and Response tool is now widely available, FalconID has hit the market, and it’s recently snapped up both SGNL and Seraphic Security. There’s also a bigger tie-in with Microsoft’s marketplace, linking to Azure consumption commitments. Business Wire
Cybersecurity names grabbed some notice Tuesday, with investors adjusting ahead of earnings season. Palo Alto Networks climbed 4.0% in regular trading; Fortinet tacked on 2.4%. The S&P 500, on the other hand, slipped 0.9%, according to MarketWatch data. MarketWatch
Still, the picture is murky. CrowdStrike’s risk disclosures point to lingering unknowns from the July 19, 2024 Falcon sensor update incident. The company also highlights tough competition, less-predictable sales cycles, and the complexities that come with folding in new acquisitions. Business Wire
Up next: traders will parse what management says on the call, plus any specifics, and start mapping out what those fiscal 2027 targets could mean for ARR growth ahead of Wednesday’s March 4 session. The first-quarter stretch wraps up April 30, marking the next milestone. Business Wire
