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CrowdStrike Reports Second Quarter Fiscal Year 2026 Financial Results

CrowdStrike Holdings, Inc. (CRWD) | August 27, 2025

By Mike Hernandez

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CrowdStrike achieved a record Q2 net new ARR of $221 million and reacceleration ahead of expectations.

Ending ARR grew 20% year-over-year to reach $4.66 billion.

Record Q2 cash flow from operations of $333 million and record Q2 free cash flow of $284 million were reported.

Total Revenue Growth

Total revenue increased by 21%, reaching $1.17 billion in Q2 FY 2026 compared to $963.9 million in the same period last year.

Subscription Revenue Increase

Subscription revenue rose by 20% to $1.10 billion in Q2 FY 2026 compared to $918.3 million in the previous year's Q2.

ARR Growth

Annual Recurring Revenue (ARR) grew 20% year-over-year to $4.66 billion as of July 31, 2025, with $221.1 million added in the quarter.

Operational Performance

GAAP loss from operations was $113.0 million, compared to a GAAP income from operations of $13.7 million in the same period last year.

Cash Flow Strength

Net cash generated from operations was $332.8 million, showing a positive trend compared to $326.6 million in the previous year's Q2.

  • CrowdStrike's strong financial performance in Q2 FY 2026 demonstrates significant growth, with key metrics surpassing expectations.
  • The company's record Q2 net new ARR, subscription revenue increase, and cash flow highlight its robust position in the cybersecurity sector.
  • The positive outlook on continued net new ARR acceleration for the remainder of fiscal year 2026 underlines confidence in CrowdStrike's future prospects.

CrowdStrike's exceptional second quarter results showcase its resilience and ability to outperform in the cybersecurity market. With strong revenue growth, ARR expansion, and operational efficiency, CrowdStrike remains a leader in the industry poised for continued success.