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CrowdStrike Beats Q4 Estimates and Forecasts FY2027 Above Wall Street Views

Muted share reaction reflected investors weighing AI disruption worries against evidence of resilient subscription growth.

Overview

  • CrowdStrike reported Q4 revenue of $1.31 billion and adjusted EPS of $1.12, topping consensus expectations.
  • Fiscal 2027 guidance called for $5.87 billion to $5.93 billion in revenue and $4.78 to $4.90 in adjusted EPS, with Q1 revenue guided to $1.360 billion to $1.364 billion and EPS to $1.06 to $1.07.
  • Shares closed up 1.7% before slipping 0.8% after hours, and options pricing pointed to roughly a 7% move in either direction following the report, according to traders’ estimates.
  • Subscription ARR stood at $4.92 billion, up 23% year over year and about 95% of revenue, with management and analysts highlighting Falcon Flex as a key upsell engine.
  • Management flagged elevated but declining costs tied to the July 2024 Windows outage and reiterated strategic expansion with January deals for SGNL ($740 million) and Seraphic Security (about $420 million).