CrowdStrike (CRWD) Tops Q3 2026 Earnings, Lifts Outlook on AI Demand as Valuation Debate Intensifies
CrowdStrike’s latest earnings report has turned December 2, 2025 into a pivotal day for one of the market’s flagship AI‑cybersecurity stocks. After the closing bell, the company reported fiscal third‑quarter 2026 results that edged past Wall Street expectations, raised its full‑year outlook, and showcased record demand for its Falcon platform — all while investors and analysts wrestle with whether the stock’s rich valuation leaves more upside or looming downside. Q3 2026: Revenue, Earnings and ARR Beat Expectations For the quarter ended October 31, 2025, CrowdStrike reported: On a GAAP basis, CrowdStrike is still losing money: On an adjusted (non‑GAAP) basis,