Positive for CrowdStrike

From CNBC: 2025-06-03 21:45:00

CrowdStrike reported strong quarterly results with revenue hitting $1.1 billion, a 20% increase from last year. Adjusted EPS was 73 cents, beating estimates, and ARR grew by 22% to $4.44 billion. Despite a record-high close, the stock saw some profit-taking in after-hours trading. Management announced a new $1 billion share repurchase authorization.

CEO George Kurtz highlighted the success of CrowdStrike’s Falcon Flex subscription model, driving platform adoption at an accelerated pace. The company’s net new ARR of $193.8 million exceeded expectations, and subscription gross margin was strong at 80%. Operating cash flow reached a new record, leading to a 25% free cash flow margin.

For fiscal year 2026, CrowdStrike expects revenue of $4.74 billion to $4.81 billion and raised its adjusted EPS outlook. The company anticipates continued growth in net new ARR, with guidance reflecting double-digit sequential growth. Despite a post-earnings decline, the future looks promising for CrowdStrike as demand for cybersecurity solutions continues to rise.



Read more at CNBC:: We’re raising our CrowdStrike price target after shortsighted post-earnings selling