CrowdStrike Reports Strong Q1 Results, Raises FY27 Guidance, and Announces 4-for-1 Stock Split

summarizeSummary

CrowdStrike reported strong Q1 FY27 financial results, including a return to GAAP net income and record cash flows, leading to a significant increase in full-year guidance. The company also announced a four-for-one stock split.

check_boxKey Events

• Strong Q1 FY27 Financial Performance

  CrowdStrike reported total revenue of $1.39 billion (up 26% year-over-year) and Annual Recurring Revenue (ARR) of $5.51 billion (up 24% year-over-year). The company achieved GAAP net income of $27.8 million, a significant turnaround from a loss in the prior year, and record cash flow from operations of $591 million and free cash flow of $468 million.

• Raised Full-Year Guidance

  The company significantly raised its FY27 net new ARR growth guidance by 520 basis points at the midpoint. It also provided Q2 FY27 non-GAAP diluted EPS guidance of $1.16 - $1.17 and full-year FY27 non-GAAP diluted EPS guidance of $4.88 - $4.96.

• Four-for-One Stock Split Approved

  CrowdStrike's Board of Directors approved a four-for-one stock split of its Class A common stock, to be effected as a stock dividend. Shareholders of record on June 25, 2026, will receive three additional shares for each share held, with split-adjusted trading expected to begin on July 2, 2026.

auto_awesomeAnalysis

CrowdStrike delivered a strong first quarter, exceeding expectations with significant revenue and ARR growth, and notably returning to GAAP net income. The company's decision to raise its full-year guidance for net new ARR growth by 520 basis points signals robust business momentum and management confidence. Additionally, the announced four-for-one stock split, effective July 2, 2026, is often viewed positively as it can increase liquidity and make shares more accessible to a broader investor base, reflecting confidence in sustained growth.