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CrowdStrike earnings beat expectations but revenue outlook weighs on shares

  • CrowdStrike reported solid fiscal 2026 first-quarter results with adjusted earnings per share of 73 cents and revenue of $1.1 billion.
  • The company's annual recurring revenue reached $4.44 billion, with $193.8 million in net new ARR added in the quarter.
  • CrowdStrike expanded its offerings in identity, endpoint, and cloud security, introducing new products like Falcon Identity Protection and Falcon Privileged Access.
  • For its second quarter, CrowdStrike expects adjusted earnings per share of 82 to 84 cents on revenue of $1.145 billion to $1.152 billion, with a $1 billion share buyback plan announced.

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