CrowdStrike swings to GAAP profit of $5.3 million in Q2 FY27; revenue rises 26% to $1.47 billion year over year
CRWD•FY27 outlook
CrowdStrike forecast FY27 revenue of $5.99 billion to $6.01 billion and said it expects ARR to end at $6.6 billion to $6.61 billion.
Q2 revenue and profitability improve
CrowdStrike fiscal Q2 revenue rose 26% to $1.47 billion; annual recurring revenue (ARR) climbed 25% to $5.84 billion.
Net income attributable to shareholders turned to $5.3 million, or $0.01 a share, from a loss a year earlier.
Record net new ARR and cash generation
Net new ARR totaled $332.8 million; management called it a record $333 million, accelerating 51% year over year.
Cash from operations increased to $530.3 million; free cash flow expanded to $377.4 million.
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