According to XM Forex official app, cybersecurity firm CrowdStrike (CRWD.US) released its Q2 earnings report for the fiscal year 2026, ending July 31. The report indicated a 21% year-on-year revenue increase to $1.17 billion, surpassing market expectations of $1.15 billion. The adjusted earnings per share were $0.93, also exceeding the market forecast of $0.83. Annual recurring revenue (ARR) rose by 20% to $4.66 billion.
Looking ahead, CrowdStrike projected its Q3 revenue for fiscal year 2026 to be between $1.21 billion and $1.22 billion, which is lower than the market expectation of $1.23 billion. The company also expects adjusted earnings per share to range from $0.93 to $0.95, higher than the anticipated $0.91.
Furthermore, CrowdStrike has raised its full-year guidance, now forecasting total revenue to be between $4.75 billion and $4.81 billion, with the midpoint aligning with market expectations; earnings per share are projected to be between $3.60 and $3.72, above the expected $3.51.
CrowdStrike's CEO and Founder, George Kurtz, remarked, “The acceleration of business growth occurred a quarter earlier than we anticipated, resulting in an outstanding Q2 performance. The record new ARR of $221 million, over 1,000 Flex customers, and more than a hundred repeat orders highlight CrowdStrike's leadership in the cybersecurity integration space.”
The company also announced its acquisition of Onum, a real-time telemetry pipeline management firm. This deal is expected to enhance CrowdStrike's Falcon next-generation security information and event management (SIEM) products, laying the groundwork for agent security and IT operations.
Following the earnings report, CrowdStrike's shares fell 3.88% in after-hours trading.