CrowdStrike Reports 26% Q1 Revenue Growth, Announces 4-for-1 Split as Shares Drop 10%
CRWD•CrowdStrike's fiscal Q1 revenue rose 26% to $1.39 billion with adjusted EPS of $1.10 and ARR up 24% to $5.51 billion, including $255.8 million in net new ARR. The company raised its fiscal 2027 outlook and approved a four-for-one stock split effective July 1, yet shares fell about 10% after a 60% rally.
1. Q1 Financial Results
CrowdStrike delivered revenue of $1.39 billion, up 26% year-over-year, and adjusted EPS of $1.10 per share, beating expectations as customer adoption of AI-driven security solutions accelerated.
2. ARR Growth
Annual recurring revenue reached $5.51 billion, a 24% increase from the prior year, with record net new ARR of $255.8 million reflecting strong demand across enterprise clients.
3. Raised FY2027 Outlook
The company lifted its fiscal 2027 revenue and earnings guidance following the stronger-than-anticipated quarterly performance.
4. Stock Split and Share Reaction
A four-for-one stock split was approved to take effect July 1, yet the shares declined roughly 10% as investors locked in profits after a 60% rally over the past month.
