CrowdStrike Sees Fiscal 2027 Revenue of $5.87–$5.93 B, Q1 Sales Above Estimates
CrowdStrike projected fiscal 2027 revenue of $5.87–$5.93 billion, topping the $5.86 billion consensus, and guided first-quarter sales at $1.360–$1.364 billion above the $1.35 billion estimate. CEO George Kurtz said demand is climbing despite AI-driven cybersecurity concerns, and fourth-quarter revenue rose 23% to $1.31 billion with adjusted EPS of $1.12.
1. Fiscal 2027 Revenue Forecast
CrowdStrike projected fiscal 2027 revenue between $5.87 billion and $5.93 billion, surpassing the $5.86 billion consensus estimate and guiding adjusted EPS of $4.78 to $4.90 against $4.81 expectations.
2. Q1 and Q4 Performance
For the first quarter, the company forecast revenue of $1.360 billion to $1.364 billion, topping the $1.35 billion forecast, while fourth-quarter sales climbed 23% to $1.31 billion and adjusted EPS reached $1.12.
3. AI-Driven Cybersecurity Dynamics
Chief Executive George Kurtz emphasized that enterprise demand is rising despite concerns that AI-powered cybersecurity tools could disrupt software providers, positioning CrowdStrike to leverage its artificial intelligence-driven security platform.
4. Cost Trends and Acquisitions
Costs tied to the July Windows outage widened to $117.7 million in fiscal 2026 but narrowed to $16.2 million in the latest quarter, and the company agreed to buy identity security startup SGNL for $740 million and Seraphic Security for $420 million.