CrowdStrike demonstrated exceptional performance in Q4 FY2026, achieving record ARR, net new ARR, and cash flow, driven by strong adoption of its AI-secured platform. The company exceeded expectations across all guided metrics, highlighting accelerating growth, expanding profitability, and a strong outlook for FY2027, particularly leveraging the AI revolution as a significant growth opportunity.
Achieved positive GAAP net income and record non-GAAP net income in the quarter.
positiveSurpassed $5 billion in ending ARR, reaching $5.25 billion, with a 24% year-over-year growth.
positiveNet new ARR grew 47% year-over-year to a record $331 million in Q4, exceeding $1 billion for the full year.
positiveDelivered record operating and free cash flow for both the quarter and the full year.
positiveGAAP subscription gross margin improved to 79% from 77% in the prior year's quarter.
positiveNon-GAAP subscription gross margin improved to 81% from 80% in the prior year's quarter.
positiveStrong module adoption rates: 50% for six or more modules, 34% for seven or more, and 24% for eight or more modules.
positiveGAAP net loss attributable to CrowdStrike was $162.5 million for the full year FY2026, a significant increase from a loss of $15.2 million in FY2025.
negativeGAAP loss from operations was $293.3 million for the full year FY2026, compared to a loss of $116.4 million in FY2025.
negativeAcquisition-related expenses, net were $14.0 million for the full year FY2026, up from $6.0 million in FY2025.
attentionCosts associated with the July 19 Incident and related matters were $117.7 million for the full year FY2026, a substantial increase from $60.1 million in FY2025.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Subscription | N/A | — | — | — |
Professional services | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
| Metric | Value | Period | Specificity | vs Prior |
|---|---|---|---|---|
| net_new_arr | 249 to $251 million | Q1 FY2027 | — | — |
| total_revenue | 1.360 to 1.364 billion | Q1 FY2027 | — | — |
| non-GAAP_income_from_operations | 308 to $310 million | Q1 FY2027 | — | — |
| non-GAAP_net_income | 275 to $277 million | Q1 FY2027 | — | — |
| diluted_non-GAAP_net_income_per_share | $16 to $1.7 | Q1 FY2027 | — | — |
| annual_recurring_revenue | 6.466 to 6.516 billion | FY2027 | — | — |
| net_new_arr | 1.213 to 1.264 billion | FY2027 | — | — |
| total_revenue | 5.868 to 5.928 billion | FY2027 | — | — |
| non-GAAP_income_from_operations | 1.422 to 1.462 billion | FY2027 | — | — |
| non-GAAP_net_income | 1.241 to 1.271 billion | FY2027 | — | — |
| non-GAAP_net_income_per_share | $4.78 to $4.90 | FY2027 | — | — |
| free_cash_flow_margin | at least 30% | FY2027 | — | — |
| capital_expenditures_as_percentage_of_revenue | 7 to 8% | FY2027 | — | — |
FY26 was CrowdStrike's best year yet, marked by record ARR and net new ARR, driven by the AI revolution.
The company is well-positioned to capitalize on the AI opportunity, securing AI across all layers.
CrowdStrike delivered accelerating growth, expanding profitability, and record cash flow, exceeding expectations.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.