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  • CRWD's Q2 FY26 revenue was $1.17 billion, up 21% year-over-year, with subscription revenue of $1.10 billion.

  • Non-GAAP net income attributable to CrowdStrike was $237.4 million or $0.93 per diluted share, compared to $221.6 million or $0.88 per diluted share last year.

  • Full-year FY26 guidance projects revenue between $4.749 billion and $4.805 billion, and non-GAAP EPS between $3.60 and $3.72.

CrowdStrike Holdings, Inc. (Nasdaq:CRWD) today announced financial results for the second quarter of fiscal year 2026, ended July 31, 2025, alongside updated guidance for the third quarter and full fiscal year.

Second Quarter Fiscal 2026 Results

Total revenue for the quarter was $1.17 billion, an increase of 21% from $963.9 million reported in the second quarter of fiscal 2025. Subscription revenue reached $1.10 billion, up 20% year-over-year compared to $918.3 million in the same period last year.

Annual Recurring Revenue (ARR) grew 20% year-over-year to $4.66 billion as of July 31, 2025. Net new ARR added in the quarter amounted to $221.1 million.

GAAP subscription gross margin was 77%, compared to 78% in the second quarter of fiscal 2025. On a non-GAAP basis, subscription gross margin was 80%, compared to 81% a year earlier.

GAAP loss from operations was $113.0 million, compared to GAAP income from operations of $13.7 million in the prior-year quarter. Non-GAAP income from operations was $255.0 million, compared to $241.1 million in the second quarter of fiscal 2025.

The company reported a GAAP net loss attributable to CrowdStrike of $77.7 million, compared to GAAP net income of $47.0 million in the same period last year. GAAP net loss per diluted share was $0.31, compared to GAAP net income per diluted share of $0.19 a year ago.

Non-GAAP net income attributable to CrowdStrike was $237.4 million, or $0.93 per diluted share, compared to $221.6 million, or $0.88 per diluted share, in the prior-year quarter.

Net cash generated from operations was $332.8 million, compared to $326.6 million in the same quarter last year. Free cash flow totaled $283.6 million, compared to $272.2 million a year earlier. Cash and cash equivalents stood at a record $4.97 billion as of July 31, 2025.

Business Updates

During the quarter, CrowdStrike announced it had agreed to acquire Onum Technology Inc., a company specializing in real-time telemetry pipeline management. The company also introduced several new offerings, including CrowdStrike Falcon Next-Gen Identity Security and CrowdStrike Signal, an AI-powered detection engine.

CrowdStrike was recognized across multiple industry assessments, including being named a Leader in the 2025 Gartner Magic Quadrant for Endpoint Protection Platforms for the sixth consecutive time. The company was also acknowledged by IDC, GigaOm, and Frost & Sullivan in various security categories.

Guidance

For the third quarter of fiscal 2026, CrowdStrike expects:

  • Total revenue between $1.208 billion and $1.218 billion

  • Non-GAAP income from operations between $256.0 million and $262.0 million

  • Non-GAAP net income attributable to CrowdStrike between $238.1 million and $242.8 million, or $0.93 to $0.95 per diluted share

For the full fiscal year 2026, the company expects:

  • Total revenue between $4.749 billion and $4.805 billion

  • Non-GAAP income from operations between $1.000 billion and $1.040 billion

  • Non-GAAP net income attributable to CrowdStrike between $922.4 million and $954.0 million, or $3.60 to $3.72 per diluted share