CrowdStrike Reports 21% Revenue Growth, Beats Earnings Expectations

CrowdStrike, a leading network security company, recently disclosed its fiscal second-quarter financial results for the period ending July 31, 2026. The company reported a 21% year-over-year increase in revenue, reaching 1.17 billion dollars, which surpassed market expectations of 1.15 billion dollars. The adjusted earnings per share were 0.93 dollars, also exceeding the forecast of 0.83 dollars. The annual recurring revenue (ARR) grew by 20% year-over-year to 4.66 billion dollars.

For the upcoming third quarter of the fiscal year 2026, CrowdStrike projected revenue to be between 1.21 billion dollars and 1.22 billion dollars, which fell short of market expectations of 1.23 billion dollars. However, the company anticipated that its adjusted earnings per share for the third quarter would range from 0.93 dollars to 0.95 dollars, surpassing market expectations of 0.91 dollars.

CrowdStrike also revised its full-year performance guidance, predicting annual revenue to be between 4.75 billion dollars and 4.81 billion dollars, with the midpoint aligning with market expectations. The company's earnings per share were forecasted to be between 3.60 dollars and 3.72 dollars, exceeding market expectations of 3.51 dollars.

The company's chief executive officer emphasized the accelerated growth in business, which occurred a quarter earlier than anticipated. This growth was evidenced by a record 221 million dollars in new ARR, over 1,000 Flex customers, and more than 100 repeat orders, all of which underscored CrowdStrike's leadership in the integrated network security sector.

In addition to its financial performance, CrowdStrike announced its acquisition of Onum, a real-time telemetry pipeline management company. This acquisition is expected to enhance CrowdStrike's Falcon next-generation security information and event management (SIEM) product, laying the groundwork for agent security and IT operations.