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TECHNOLOGY

CrowdStrike Raises Annual Revenue Forecast on Strong Cybersecurity Demand

CrowdStrike reported second‑quarter earnings that beat analyst expectations and lifted its full‑year revenue outlook.

By reuters · 3h ago · Source: reuters

Full article

CrowdStrike reported second‑quarter earnings that beat analyst expectations and lifted its full‑year revenue outlook. The company posted $1.47 billion in revenue, surpassing the $1.44 billion average estimate, and adjusted earnings per share rose to 31 cents, above the $0.29 forecast. Shares rose more than 10 percent in extended trading. CrowdStrike raised its full‑year revenue guidance to a range of $5.991 billion to $6.01 billion, up from the prior $5.91 billion to $5.96 billion estimate. Annual recurring revenue reached $5.84 billion at quarter‑end, a 25 percent increase from the prior year. CEO George Kurtz said the firm views securing AI as the largest market opportunity in its history. Demand for the cloud‑native security platform has grown as AI models from other firms have demonstrated the ability to exploit vulnerabilities or breach systems in testing. The Austin, Texas‑based company, which provides endpoint protection, threat intelligence and incident response services, continues to benefit from heightened cybersecurity spending across sectors. Analysts expect the trend to persist as enterprises adopt AI‑driven workloads that require robust protection.

Source transparency

Publisher
reuters
Reliability
high
Published
8/27/2026, 10:00:21 AM
Retrieved
8/27/2026, 10:00:21 AM
Relevance
80%
Confidence
85%
Read original at reuters

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