Monday 26 October 2026
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CrowdStrike
CRWD Technology Software Infrastructure
CrowdStrike’s revenue for fiscal 2026 (year ended January 2026) was $4.8 billion, up 21.7% from fiscal 2025. In the quarter to July 2026, revenue grew 25.8%, EPS grew 106.7%, free cash flow grew 32.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for five consecutive years, operating cash flow growth for five.
262.52
4.95
+1.92%
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CrowdStrike (CRWD) revenue by segment, product and region
Revenue by product or service $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Subscription | 4,565 94.86% | 3,761 95.14% | 2,871 93.95% | 2,112 94.22% | 1,360 93.66% | 805 92.02% | 436 90.63% | 219 87.82% | 93 77.95% |
| Professional services | 247 5.14% | 192 4.86% | 185 6.05% | 130 5.78% | 92 6.34% | 70 7.98% | 45 9.37% | 30 12.18% | 26 22.05% |
| Revenue | 4,812 | 3,954 | 3,056 | 2,241 | 1,452 | 874 | 481 | 250 | 119 |
Gross profit by product or service $m, and margin
Revenue by region $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| United States | 3,217 66.85% | 2,683 67.86% | 2,088 68.34% | 1,564 69.76% | 1,046 72.09% | 627 71.75% | 357 74.06% | 192 76.88% | 99 83.54% |
| Europe, Middle East, and Africa | 783 16.26% | 619 15.67% | 468 15.31% | 328 14.63% | 200 13.79% | 124 14.17% | 67 14.01% | 30 11.90% | 9 7.51% |
| Asia Pacific | 496 10.30% | 402 10.18% | 316 10.33% | 228 10.18% | 143 9.83% | 80 9.17% | 38 7.83% | 17 6.89% | 8 6.71% |
| Other | 317 6.59% | 249 6.29% | 184 6.02% | 122 5.43% | 62 4.29% | 43 4.91% | 20 4.11% | 11 4.34% | 3 2.23% |
| Revenue | 4,812 | 3,954 | 3,056 | 2,241 | 1,452 | 874 | 481 | 250 | 119 |
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Annual Recurring Revenue (ARR) | Q2 FY2027 | $5.8B | $4.7B | +25.32% |
| Ending ARR from accounts that have adopted the Falcon Flex subscription model | Q2 FY2027 | $2.3B | — | — |
| Module adoption rates for eight or more modules | Q2 FY2027 | 26.0% | 23.0% | — |
| Module adoption rates for seven or more modules | Q2 FY2027 | 35.0% | 33.0% | — |
| Module adoption rates for six or more modules | Q2 FY2027 | 51.0% | 48.0% | — |
| Net new ARR | Q2 FY2027 | $332.8M | $221.1M | +50.52% |
| Remaining performance obligations | Q2 FY2027 | $10.7B | $7.2B | +48.61% |