Austin, Texas, March 3, 2026, 16:06 CST
- CrowdStrike turned in fourth-quarter revenue of $1.31 billion, with adjusted earnings coming in at $1.12 per share.
- Annual recurring revenue climbed to $5.25 billion, while net new ARR for the quarter came in at $330.7 million.
- Shares climbed roughly 2% after hours, trading at $391.42.
CrowdStrike delivered a quarterly profit that came in ahead of Wall Street’s forecasts on Tuesday, and outlined fiscal 2027 targets roughly in line with what analysts had penciled in. Shares rose around 2% in after-hours trading, following a turbulent regular session.
The results arrive with traders weighing if cybersecurity software can sustain premium growth while artificial intelligence shifts spending habits — all as high-multiple stocks in the sector absorb a selloff. Guidance and annual recurring revenue, or ARR, are now the fast stats for gauging demand.
Before the report dropped, Rob Owens at Piper Sandler bumped CrowdStrike up to “overweight.” He’s betting that AI shapes up as “the next multibillion[-dollar] security opportunity,” since companies are scrambling to secure yet another attack surface. MarketWatch
CrowdStrike posted a 23% jump in revenue to $1.31 billion for the quarter ended Jan. 31, and adjusted earnings of $1.12 a share. Subscription ARR climbed 24% to $5.25 billion, with net new ARR coming in at $330.7 million for the quarter.
CrowdStrike laid out its first-quarter outlook, eyeing revenue between $1.36 billion and $1.364 billion, with adjusted earnings per share landing between $1.06 and $1.07. Looking further out, the company sees fiscal 2027 revenue in a range of $5.8676 billion to $5.9276 billion, and expects adjusted profit to fall between $4.78 and $4.90 per share.
FactSet figures cited by Barron’s put the consensus at $1.06 per share in first-quarter earnings and $1.36 billion in revenue. For the full year, analysts have been expecting about $4.80 in earnings per share, with revenue totaling $5.86 billion.
The company set its sights on fiscal 2027 ARR, aiming for a range between $6.4658 billion and $6.5164 billion by year’s end. For reference, ARR stood at $5.25 billion as of Jan. 31.
Cash generation remained in the spotlight. For the fourth quarter, CrowdStrike reported free cash flow at $376.4 million, closing out the period with $5.23 billion in cash and cash equivalents. Share buybacks came in at about 143,801 shares for $50.6 million through March 2, which still leaves $949.4 million on the table under its existing repurchase authorization.
Chief executive George Kurtz described fiscal 2026 as the company’s “best year yet,” linking that optimism to AI security. He said the firm is “securing AI across every layer from GPU to agent to prompt.” Stock Titan
CFO Burt Podbere pointed to a “record Q1 pipeline” as the company moved into the new year, and stuck with its long-term goal of hitting $20 billion in ending ARR by fiscal 2036. Stock Titan
CrowdStrike is advancing further into XDR, or extended detection and response, tying together threats spanning endpoints, cloud, and identities. The company finds itself up against heavyweight competitors like Microsoft and Palo Alto Networks, while also contending with niche players including SentinelOne.
Even so, familiar headwinds cropped up in the company’s outlook. CrowdStrike pointed to ongoing risks around sales cycles, stiff competition, challenges merging acquisitions, and expenses stemming from the July 19, 2024 Falcon sensor update, which triggered Windows crashes for certain clients.
CrowdStrike stock dropped during the session, with shares off roughly 18% year-to-date ahead of a rebound after Tuesday’s closing bell.
