CrowdStrike Q4 Revenue Up 24% to $1.3B, EPS Hits $1.12
CrowdStrike posted Q4 sales of $1.3 billion, up 24% Y/Y, beating $1.29 billion estimates, while net new annual recurring revenue jumped 47% to $331 million and EPS rose 9% to $1.12, marking record profitability. The company forecast Q1 sales of $1.36 billion (23-24% growth) and ARR of $5.5 billion.
1. Q4 Financial Highlights
CrowdStrike delivered Q4 sales of $1.3 billion, a 24% increase year over year that topped estimates by $10 million, driven by robust subscription bookings.
2. ARR and Platform Demand
Net new annual recurring revenue surged 47% to $331 million, reflecting accelerating adoption of the AI-driven Falcon cybersecurity platform across enterprise clients.
3. Record Profitability
Q4 EPS climbed 9% to $1.12, the highest quarterly earnings since the 2019 IPO, as operating leverage improved and subscription margins expanded.
4. Q1 Guidance and Outlook
Management projects Q1 sales of $1.36 billion (23-24% growth) and ARR of $5.5 billion, signaling continued momentum in recurring revenue expansion.