CrowdStrike Reports Strong Q2 Results, Sending Shares Higher
Shares of CrowdStrike (NASDAQ: CRWD) surged nearly 19.6% on Thursday after the cybersecurity company reported better-than-expected financial results for its fiscal second quarter ended July 31, 2026. The cloud-based security provider posted revenue of $1.47 billion, a 26% year-over-year increase, and adjusted diluted earnings per share (EPS) of $0.31, up 34%. These figures exceeded analyst expectations for revenue of $1.44 billion and EPS of $0.29. CrowdStrike also added record net new annual recurring revenue (ARR) of $333 million, bringing total ARR to $5.84 billion — a 25% increase year over year. The company raised its full-year fiscal 2027 guidance for both revenue and EPS above analyst estimates.
Topics: ARR_growth cloud-based_services cybersecurity revenue_growth