CrowdStrike's Q2 Revenue Falls Short, Announces Onum Acquisition

CrowdStrike's Q2 revenue outlook falls short, causing a 6% dip in shares. The company also announced the acquisition of Onum, a real-time telemetry pipeline management firm, to improve its offerings. The deal is expected to enhance CrowdStrike's capabilities and provide customers with better visibility into their cloud environments.

Title: CrowdStrike's Q2 Revenue Outlook Falls Short, Shares Dip; Onum Acquisition Announced

CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported its second-quarter fiscal 2026 financial results on August 27, 2025, which saw a 6% dip in its stock price during early post-market trading. The company also announced its intention to acquire Onum, a real-time telemetry pipeline management firm, to enhance its offerings and provide better visibility into cloud environments.

In Q2 FY2026, CrowdStrike reported adjusted earnings per share (EPS) of $0.93, which exceeded the consensus estimate of $0.83. Revenue totaled $1.17 billion, surpassing the estimate of $1.15 billion. The company's annual recurring revenue (ARR) increased by 20% year-over-year to $4.66 billion. However, for the quarter in progress, CrowdStrike projects adjusted EPS to range from $0.93 to $0.95, which is more than the $0.91 estimate. Revenue is expected to range from $1.21 billion to $1.22 billion, which is short of the $1.23 billion estimate [2].

For the full fiscal year 2026, CrowdStrike increased its adjusted EPS and revenue outlook. It now expects EPS to range from $3.60 to $3.72, with a midpoint of $3.66 more than the $3.51 estimate. Full-year revenue is now expected to range from $4.75 billion to $4.81 billion, with the $4.78 billion midpoint matching the estimate [2].

CrowdStrike's CEO and founder, George Kurtz, stated, "With reacceleration a quarter ahead of our expectations, CrowdStrike delivered an exceptional Q2. Record Q2 net new ARR of $221 million, over 1,000 Flex customers, and more than 100 re-flexes highlight CrowdStrike as the leader in cybersecurity consolidation" [2].

The acquisition of Onum aims to improve CrowdStrike's Falcon Next-Gen SIEM, which will enhance its capabilities and provide customers with better visibility into their cloud environments. Onum's real-time telemetry pipeline management platform is designed to eliminate onboarding friction and deliver autonomous in-pipeline threat detection, improving the overall efficiency and effectiveness of CrowdStrike's security offerings [3].

References:
[1] https://www.investing.com/news/company-news/crowdstrike-q2-fy2026-slides-record-arr-and-platform-growth-fuel-21-revenue-increase-93CH-4213362
[2] https://seekingalpha.com/news/4489718-crowdstrike-dips-as-q3-revenue-outlook-falls-short-announces-onum-acquisition
[3] https://www.crowdstrike.com/en-us/press-releases/crowdstrike-to-acquire-onum/