TLDR CrowdStrike stock jumps after record Q2 results and stronger ARR growth outlook CRWD gains as revenue rises 26% and new ARR reaches a quarterly record high CrowdStrike boosts fiscal 2027
CrowdStrike Holdings Inc. (CRWD) stock advanced after the company delivered strong second quarter fiscal 2027 results. The cybersecurity firm reported higher revenue, record new annual recurring revenue, and improved profitability. The shares moved from $189.18 at the close to $209.00 in after-hours trading.
CrowdStrike Holdings, Inc., CRWD
CrowdStrike posted second quarter revenue of $1.47 billion, representing a 26% increase year over year. Subscription revenue reached $1.40 billion, rising 27% compared with the same period. The company also reported annual recurring revenue of $5.84 billion by July 31, 2026.
CrowdStrike added $332.8 million in net new ARR during the quarter. The company recorded its strongest quarterly ARR growth as demand increased across its security platform. Management raised its full year net new ARR growth outlook to 34% at the midpoint.
CrowdStrike improved its financial performance during the quarter. GAAP net income reached $5.3 million compared with a loss of $70.2 million previously. Non-GAAP net income increased to $322.9 million from $237.4 million year over year.
CrowdStrike continued expanding adoption of its Falcon security platform among subscription customers. Module adoption increased as more customers used multiple security solutions across their operations. The company reported stronger usage across six or more, seven or more, and eight or more modules.
CrowdStrike introduced new security products focused on identity protection and cloud environments. The company expanded collaborations with major technology providers to support enterprise security needs. These partnerships aim to strengthen protection for organizations using advanced digital systems.
The company also expanded its relationship with Schwarz Digits through a multi-year roadmap. CrowdStrike agreed to acquire technology assets from XM Cyber as part of the partnership. The deal adds attack path visualization and security testing capabilities to its offerings.
CrowdStrike increased its financial guidance after reporting strong second quarter results. The company expects full year fiscal 2027 revenue between $5.99 billion and $6.01 billion. It also projected annual recurring revenue between $6.60 billion and $6.61 billion.
CrowdStrike forecast full year non-GAAP operating income between $1.49 billion and $1.51 billion. The company expects non-GAAP net income between $1.30 billion and $1.31 billion. Its projected diluted earnings per share range stands between $1.25 and $1.26.
CrowdStrike generated $530.3 million in operating cash flow during the quarter. Free cash flow reached $377.4 million, while cash and cash equivalents rose to $5.01 billion. The company continues to strengthen its position in the cybersecurity market through growth and product expansion.
The post CrowdStrike Holdings Inc (CRWD) Stock: Climbs After Strong Q2 Results and $333M New ARR Growth appeared first on Blockonomi.
