CrowdStrike beats fiscal Q2 revenue estimates, raises full-year guidance on record ARR growth

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CrowdStrike reported fiscal second-quarter revenue of $1.47 billion, a 26% year-over-year increase, driven by record demand for its Falcon platform. The company posted $333 million in net new annual recurring revenue, up 51% from the prior year, while raising its full-year FY2027 net new ARR growth guidance to 34% at the midpoint, an increase of 630 basis points. Total ending ARR reached $5.84 billion and GAAP net income turned positive at $5.3 million. Falcon Flex ending ARR surpassed $2.29 billion, growing at 101% year-over-year.

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