CRWD · CrowdStrike Holdings, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY27 earnings call · Aug 26, 2026TL;DR. CrowdStrike delivered a record Q2 FY27 with $333M net new ARR (51% YoY) and $1.47B revenue (26% YoY), and raised full-year FY27 net new ARR growth guidance by 630 bps to 34% at the midpoint, while reporting a $33.2M GAAP loss from operations and $881M of business acquisitions year-to-date.
- + Record net new ARR of $333 million, accelerating to 51% year-over-year growth and beating guidance high end by more than $45 million.
- + FY27 net new ARR growth guidance raised by 630 bps to 34% at the midpoint, a $116M increase from initial outlook.
- + Record Q2 free cash flow of $377 million (26% of revenue), up 33% YoY.
- + Falcon Flex ending ARR surpassed $2.29 billion, accelerating to 101% YoY growth, with Flex customers seeing 53% ARR uplift after repeat reflexes.
- + Total revenue grew 26% YoY to $1.47B, accelerating for the fifth consecutive quarter.
- − GAAP loss from operations of $33.2 million in Q2 FY27.
- − Business acquisitions used $881.4 million of cash year-to-date, with goodwill rising to $2.25B from $1.36B.
- − Forward-looking statements highlight risks from the July 19 Incident and macroeconomic conditions.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Research
our published analysis of this companyEquibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Annual Recurring Revenue (ARR) | 5.84B | Q2 FY2027 | — |
| Cash flow from operations | 530.3M | Q2 FY2027 | — |
| Ending ARR from Falcon Flex accounts | 2.29B | Q2 FY2027 | — |
| Free cash flow non-GAAP | 377.4M | Q2 FY2027 | — |
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GAAP → non-GAAP reconciliationGAAP GAAP net cash provided by operating activities 530.27M
-124.41M Purchases of property and equipment
-26.52M Capitalized internal-use software and website development costs
-1.93M Purchases of and proceeds from deferred compensation investments, net
= Free cash flow 377.41M
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| Free cash flow margin non-GAAP | 30% | Six Months Ended July 31, 2026 | — |
| Module adoption rate for eight or more modules | 26% | Q2 FY2027 | — |
| Module adoption rate for seven or more modules | 35% | Q2 FY2027 | — |
| Module adoption rate for six or more modules | 51% | Q2 FY2027 | — |
| Net new ARR added in the quarter | 332.8M | Q2 FY2027 | — |
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| Non-GAAP diluted net income per share attributable to CrowdStrike common stockholders non-GAAP | $0.58 | Six Months Ended July 31, 2026 | — |
| Non-GAAP income from operations non-GAAP | 371.6M | Q2 FY2027 | — |
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GAAP → non-GAAP reconciliationGAAP GAAP loss from operations -33.23M
+399M Stock-based compensation expense and related employer payroll taxes
+13.29M Amortization of acquired intangible assets
+6.67M Acquisition-related expenses, net
+450K Mark-to-market adjustments on deferred compensation liabilities
-14.53M Costs (recoveries) associated with the July 19 Incident and related matters, net
+0K Strategic plan related charges
= Non-GAAP income from operations 371.65M
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| Non-GAAP net income attributable to CrowdStrike non-GAAP | 322.9M | Q2 FY2027 | — |
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GAAP → non-GAAP reconciliationGAAP GAAP net income (loss) attributable to CrowdStrike 5.31M
+399M Stock-based compensation expense and related employer payroll taxes
+13.29M Amortization of acquired intangible assets
+6.67M Acquisition-related expenses, net
+450K Mark-to-market adjustments on deferred compensation liabilities
-14.53M Costs (recoveries) associated with the July 19 Incident and related matters, net
+0K Strategic plan related charges
+372K Amortization of debt issuance costs and discount
+0K Losses (gains) and other expense (income) from strategic investments attributable to CrowdStrike
-450K Gains on deferred compensation assets
-87.21M Income tax adjustments
= Non-GAAP net income attributable to CrowdStrike 322.9M
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| Non-GAAP operating margin non-GAAP | 24% | Six Months Ended July 31, 2026 | — |
| Non-GAAP subscription gross margin non-GAAP | 81% | Q2 FY2027 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CRWD
this stock
CrowdStrike Holdings, Inc.
|
$248.36B | — | +21.7% | 4851.1 | 2.4% |
|
MSFT
Microsoft Corp
|
$3.67T | +3.7% | +6.9% | 27.5 | 1.0% |
|
ORCL
Oracle Corp
|
$446.33B | -23.8% | +17.3% | 23.1 | 1.5% |
|
PLTR
Palantir Technologies Inc.
|
$426.88B | +3.0% | +56.2% | 151.8 | 2.7% |
|
PANW
Palo Alto Networks Inc
|
$297.41B | +101.8% | +29.0% | — | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CRWD | +5.9% | +29.9% | +162.4% | +7.9% | +112.8% |
| SPY | +1.7% | +1.0% | +22.4% | +0.8% | +13.4% |
| vs SPY | +4.3% | +28.9% | +140.0% | +7.1% | +99.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.