CrowdStrike Holdings is a top cybersecurity company that provides endpoint security, threat intelligence, and cyber-attack response services. Founded in 2011 by George Kurtz and Dmitri Alperovitch, CrowdStrike is known for its flagship product, the CrowdStrike Falcon platform. This platform uses artificial intelligence, machine learning, and behavioral analysis to detect and stop cyber threats in real-time.
With a focus on innovation and cloud-based solutions, CrowdStrike helps businesses and organizations protect their digital assets from advanced cyber threats. Based in Sunnyvale, California, the company serves a wide range of clients, including large enterprises, small businesses, and government agencies, ensuring they stay secure in a constantly changing threat environment.
CrowdStrike Fiscal Q3 2026
CrowdStrike (CRWD) reported third-quarter results that were broadly consistent with expectations. Revenue totaled $1.23 billion, coming in just above the $1.21 billion consensus estimate. Earnings per share (EPS) reached $0.96, slightly ahead of the projected $0.94. The company also raised its full-year outlook and provided fourth-quarter earnings guidance that modestly exceeded forecasts.
Financial Highlights:
- Revenue: $1.23B, up 22% YoY; subscription revenue $1.17B, up 21%.
- ARR: $4.92B, rose 23% YoY, with $265M net new ARR added.
- Margins: GAAP subscription gross margin steady at 78%; non-GAAP margin improved to 81%.
- Operations: GAAP operating loss $69M; non-GAAP operating income a record $265M.
- Net Income: GAAP net loss $34M ($0.14/share); non-GAAP net income a record $245M ($0.96/share).
- Cash Flow: Record operating cash flow $398M; free cash flow $296M.
- Liquidity: $4.8B in cash and equivalents
Highlights:
Adoption: Module adoption reached 49%.
Innovation: Introduced Falcon Next-Gen Identity Security, Falcon Data Protection, Falcon for IT/XIoT, Charlotte AI, and Threat AI.
Partnerships:
- AWS: First cybersecurity partner for integrated SIEM; won Global Marketplace Partner & Security Partner of the Year.
- CoreWeave: Global partnership to power secure AI clouds.
- NVIDIA: Collaboration on AI agents and edge cybersecurity.
- EY, Kroll, KPMG, BT: Expanded Falcon adoption across managed services.
Board Statements
George Kurtz, CrowdStrike’s Founder and CEO, stated CrowdStrike continues to lead secure AI transformation. According to Kurtz, the company delivered one of its strongest quarters in history during Q3. CrowdStrike’s unified platform strategy, enhanced by the Falcon Flex subscription model, enables customer consolidation and reinforces its role as the cybersecurity operating system.
Growth accelerated across key segments including endpoint protection, Cloud Security, Next-Gen Identity, and Next-Gen SIEM. Strategic partnerships with AWS, EY, CoreWeave, and Kroll further underscore CrowdStrike’s market leadership and support its confidence in sustained expansion.
Burt Podbere, CrowdStrike’s CFO highlighted a strong Q3 performance, with revenue growth accelerating to 22% year-over-year, record operating cash flow of $398 million, and record free cash flow of $296 million.
He noted that AI-driven demand and customer consolidation on the Falcon platform pushed the company’s pipeline to an all-time high. In response, CrowdStrike raised its fiscal year 2026 guidance, increased second-half FY26 net new ARR growth expectations to at least 50% year-over-year, and expressed confidence in achieving 20% net new ARR growth for FY27.
Impact on the Stock Market
CrowdStrike beat expectations with revenue of $1.23 billion and EPS of $0.96, slightly above forecasts. Management raised its full-year outlook and expects continued growth into FY2027, supported by AI-driven demand and big partnerships with AWS, NVIDIA, and CoreWeave.
The stock jumped about 2.6% after the report but later fell back, now trading lower around $497. Concerns over widening GAAP losses and insider selling created volatility, even as analysts lifted price targets.
