Earnings Call
Aug 26, 2026
Q3 FY2026
EPS Estimate
0.29
EPS Actual
0.96
Post-Earnings Close
$225.49
Earnings Reaction
+19.2%
CrowdStrike delivered a record third quarter that exceeded expectations across all material metrics, driven by accelerating platform consolidation and AI-driven demand for endpoint and security infrastructure protection. Net new ARR of $265 million grew 73% year-over-year, beating internal expectations by more than 10 percentage points, while ending ARR reached $4.92 billion with 23% year-over-year growth, a meaningful reacceleration from prior guidance. Revenue of $1.23 billion grew 22% year-over-year, exceeding the guided range, with subscription revenue up 21% to $1.17 billion. The company achieved record operating income of $265 million (21% margin) and record free cash flow of $296 million (24% of revenue), demonstrating that CrowdStrike can sustain high growth while expanding profitability and cash generation.
Report generated on Aug 25, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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