Observed Signal · Aug 27, 2026 · earnings · Source: SEC API · Impact: 4.1/5
financials Market: 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.
CrowdStrike demonstrated top-line resilience and positive GAAP profitability despite extended sales cycles and legal/regulatory headwinds following the July 19 incident.
Key Takeaways & Evidence Grounding
- 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.
Connected Companies & Entities
1 Entity mappedTrack Real-Time Market Signals & Shifts
Set up custom watchlists to receive automated, evidence-grounded executive digests whenever material signals or shifts occur across your tracked landscape.