CrowdStrike vs Elastic

CrowdStrike and NVIDIA Extend Security Across the AI Stack

CrowdStrike announces a partnership with NVIDIA to extend security across the AI stack, highlighting a strategic collaboration to secure AI deployments.

CrowdStrike SafeMind: When the Best Offense Builds the Best Defense

CrowdStrike announces SafeMind, a new AI security offering, along with other recent product updates including CrowdStrike Falcon Guardian, Agentic Identity Provider, and the next evolution of the Agentic SOC.

10-Q Financial Filing Analysis for CrowdStrike (2026-08-27)

CrowdStrike Holdings, Inc. reported strong financial results for the second quarter of fiscal 2027 ended July 31, 2026. Total revenue reached $1.47 billion, up 26% year-over-year, driven by a 27% increase in subscription revenue to $1.40 billion. Gross margin improved slightly to 75%, generating a gross profit of $1.10 billion. The company achieved GAAP net income of $5.31 million ($0.01 per diluted share), compared to a GAAP net loss of $70.12 million in the prior-year period. Annual Recurring Revenue (ARR) expanded 25% year-over-year to $5.84 billion, adding $332.8 million in net new ARR during the quarter. Operational momentum was maintained via the Falcon platform and Falcon Flex licensing, even as the company navigated ongoing litigation and regulatory inquiries stemming from the July 19, 2024 content configuration incident. Operating cash flow stood at $1.12 billion for the first six months, supporting strategic expansion, including the definitive agreement to acquire XM Cyber Ltd. for $145.0 million.

• Q2 FY2027 total revenue grew 26% year-over-year to $1.47 billion, with subscription revenue contributing $1.40 billion (up 27% YoY).
• Annual Recurring Revenue (ARR) reached $5.84 billion, representing a 25% YoY increase and adding $332.8 million in net new ARR for the quarter.
• GAAP net income attributable to CrowdStrike was $5.31 million ($0.01 per diluted share), compared to a net loss of $70.15 million in Q2 FY2026.

Better together: Celebrating the 2026–2027 Elastic Partner Awards

We created the Elastic Partner Awards to recognize our partners' contributions and the results they are delivering for customers. See who the Elastic Partner Award winners are for 2026–2027!

10-Q Financial Filing Analysis for Elastic (2026-08-28)

Elastic N.V. reported its financial results for the first quarter of fiscal 2027 ended July 31, 2026, delivering total revenue of $478.11 million, up 15% year-over-year. The growth was led by Elastic Cloud, which increased 20% year-over-year to $235.21 million and now represents 49% of total company revenue. Concurrently, Elastic initiated a restructuring plan on June 24, 2026, to streamline operations, involving a 7% workforce reduction and $19.92 million in restructuring charges. Further expanding its product capabilities, Elastic also executed a post-quarter cash acquisition of Deductive AI, Inc. for approximately $70 million.

• Q1 FY2027 total revenue rose 15% year-over-year to $478.11 million, with Elastic Cloud increasing 20% to $235.21 million (49% of total revenue).
• Restructuring plan initiated on June 24, 2026, resulted in a 7% workforce reduction and $19.92 million in restructuring and related charges.
• Post-quarter cash acquisition of Deductive AI, Inc. closed on August 21, 2026, for approximately $70 million.