CrowdStrike Holdings (CRWD) Company Report

CrowdStrike and Nord Security form a strategic partnership to deliver enterprise-grade cybersecurity to SMBs by combining CrowdStrike’s AI-native Falcon® platform with Nord Security’s secure access and credential management solutions.
A CrowdStrike survey finds only 36% of SMBs are investing in new security tools and just 11% have adopted AI-powered defenses, underscoring a significant market gap.
The collaboration introduces two key innovations: simplified e-commerce access via NordLayer for Falcon Go and Falcon Enterprise, and an MSP add-on through Pax8 for Falcon Next-Gen SIEM with a 90-day free trial for qualifying customers.
Executives highlight the partnership’s goal of removing cost and complexity barriers, enabling fast deployment, simple management, and modern threat defense for resource-constrained SMBs.

2 days ago

Press Release

CrowdStrike to acquire identity-security startup SGNL

CRWD

M&A

CrowdStrike will acquire identity-security startup SGNL for about $740 million, financed with cash and stock, and expects closing in early fiscal 2027.
SGNL’s continuous identity and just-in-time access technology enforces zero-standing privilege for both human and AI agent accounts and will be integrated into CrowdStrike’s Falcon cloud platform.
CrowdStrike’s identity-security segment reached $435 million in revenue by end of Q2, making it one of the company's fastest-growing businesses.
Shares dipped nearly 4% after the announcement; TD Cowen reaffirmed a Buy with a $580 target, while Robert W. Baird maintained a Hold at $550, citing valuation concerns and limited near-term financial disclosure.

6 days ago

CNBC

CrowdStrike to Acquire SGNL for AI-Era Identity Security

CRWD

M&A

CrowdStrike signed a definitive agreement to acquire Continuous Identity leader SGNL, expanding its Falcon platform’s identity security capabilities.
The acquisition will enable continuous, real-time access control for human, non-human, and AI identities by dynamically granting and revoking privileges based on real-time risk signals.
The purchase price is predominantly cash with a portion in stock, and the transaction is expected to close in CrowdStrike’s Q1 FY2027, subject to customary regulatory approvals.
The identity security market is projected to grow from $29 billion in 2025 to $56 billion by 2029, highlighting the market opportunity for Next-Gen Identity Security.

6 days ago

Press Release

CrowdStrike announces general availability of Falcon AI Detection and Response

CRWD

Product Launch

CrowdStrike launched the general availability of Falcon AI Detection and Response, securing the new AI prompt and agent interaction attack surface.
Falcon AIDR extends the Falcon platform to protect every AI layer—data, models, agents, identities, infrastructure, and interactions—in real time.
Key features include real-time prompt injection blocking, containment of unsafe AI interactions, sensitive data protection, and unified visibility and governance for enterprise AI usage.

Dec 15, 2025, 1:18 PM

Press Release

CrowdStrike details platform momentum at UBS 2025 Global Technology and AI Conference

CRWD

M&A

Product Launch

ARR grew 73% year-over-year with a subscription gross margin of 81% and record free cash flow in the most recent quarter.
$135 billion of ARR is now under the Falcon Flex commitment model, with 200 customers already re-Flexing to larger deals.
Next-gen SIEM is nearing $500 million in ARR at ~100% growth, and Falcon Next-Gen SIEM was named the default SIEM in AWS Security Hub.
Launched “Charlotte” AI for autonomous SOC workflows—cutting investigation times from hours to minutes—and acquired Pangea to secure AI applications.

Dec 3, 2025, 2:35 PM

Transcript

CrowdStrike at UBS 2025 Global Technology & AI Conference

CRWD

M&A

Guidance Update

ARR grew 73% year-over-year, with record free cash flow and 81% subscription gross margin, reflecting broad-based strength across product lines.
Reaffirmed 20% net new ARR growth target for fiscal 2027 on a higher fiscal 2026 base, underpinned by record pipeline.
$135 billion of ARR committed under the Falcon Flex model, with consumption outpacing contract terms and driving accelerated upsells.
Next-gen SIEM nearing $500 million in ARR and ~100% Y/Y growth; now default SIEM for AWS Security Hub, broadening hyperscaler adoption.
AI and M&A: Charlotte AI cuts investigations from hours to minutes en route to an autonomous SOC; acquired Pangea (AI security guardrails) and Onum (observability pipelining).

Dec 3, 2025, 2:35 PM

Transcript

CrowdStrike CEO outlines platform growth and AI strategy at UBS Tech Conference

CRWD

Revenue Acceleration/Inflection

M&A

Product Launch

CrowdStrike reported 73% ARR growth YoY, record subscription gross margin of 81%, and record free cash flow, while acquisitions added only $2.8 million of net new ARR in the quarter.
The Falcon Flex commitment model underpins $135 billion of ARR, with customers consuming commitments faster than contract terms, driving upsell opportunities.
Next-Gen SIEM scaled to nearly $500 million with approximately 100% growth, enhanced by the Onum pipelining acquisition and a new partnership making Falcon SIEM the default for AWS Security Hub.
CrowdStrike is advancing AI-driven security, leveraging Charlotte AI for autonomous SOC operations and securing AI applications through the Pangea acquisition and Falcon Shield’s 50% sequential growth.
The company maintains a disciplined tech-and-teams M&A strategy and reaffirmed its target of 20% net new ARR growth by FY 2027.

Dec 3, 2025, 2:35 PM

Transcript

CrowdStrike reports Q3 FY2026 results

CRWD

Earnings

Guidance Update

Revenue Acceleration/Inflection

CrowdStrike delivered record Q3 net new ARR of $265 million (up 73% YoY) and achieved ending ARR of $4.92 billion (23% YoY).
Q3 saw record free cash flow of $296 million (24% of revenue) and operating income of $265 million (21% of revenue).
Product momentum included Falcon Next-Gen SIEM, Falcon Shield, cloud runtime security, and identity offerings, with Flex model ARR reaching $1.35 billion (200% YoY).
For Q4 FY26, revenue is guided to $1.290–$1.300 billion (22–23% YoY) and FY26 revenue to $4.797–$4.807 billion (21–22% YoY); non-GAAP EPS of $1.09–$1.11 for Q4 and $3.70–$3.72 for FY26.
CrowdStrike anticipates Q4 free cash flow margin of 27%, full-year margin of 25%, and FY27 net new ARR growth of at least 20%.

Dec 2, 2025, 10:00 PM

Transcript

CrowdStrike reports record Q3 FY2026 results

CRWD

Earnings

Delivered record Q3 net new ARR of $265 million, up 73% YoY, and ending ARR of $4.92 billion, up 23% YoY
Generated Q3 revenue of $1.23 billion (+22% YoY), non-GAAP operating income of $264.6 million (21% margin), and free cash flow of $295.9 million (24% of revenue)
Broad-based acceleration across cloud, Next-Gen SIEM, Next-Gen Identity and endpoint; $1.35 billion in ending ARR from Falcon Flex subscriptions, up over 200% YoY
Issued Q4 revenue guidance of $1.29–$1.30 billion (22–23% YoY) and raised full-year FY26 revenue outlook to $4.797–$4.807 billion (21–22% YoY)

Dec 2, 2025, 10:00 PM

Transcript

CrowdStrike reports Q3 FY26 earnings results

CRWD

Earnings

Guidance Update

Revenue Acceleration/Inflection

Ending ARR of $4.92 B, up 23% YoY, with net new ARR of $265 M (+73% YoY).
Total revenue of $1.234 B (+22% YoY) and subscription revenue of $1.169 B (+21% YoY).
Non-GAAP operating income of $265 M (21% margin), diluted EPS of $0.96 (+26% YoY), and free cash flow of $296 M (24% margin).
Q4 FY26 revenue guidance of $1.29–1.30 B and full-year FY26 revenue guidance of $4.7966–4.8066 B.