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CrowdStrike Holdings Inc. (CRWD) recently reported its earnings for the second quarter of fiscal year 2025, which ended on July 31, 2024. Here are some key highlights:
• Revenue: Total revenue was $963.9 million, a 32% increase compared to $731.6 million in the same quarter last year. Subscription revenue was $918.3 million, up 33% from $690.0 million in the previous year1.
• Annual Recurring Revenue (ARR): ARR grew 32% year-over-year to $3.86 billion, with $217.6 million in net new ARR added during the quarter1.
• Income: GAAP net income was $47 million, or $0.19 per share. On a non-GAAP basis, earnings were $1.04 per share2.
• Operating Cash Flow: The company reported record Q2 operating cash flow of $327 million and free cash flow of $272 million1.
CrowdStrike’s CEO, George Kurtz, emphasized the company’s resilience and commitment to innovation, particularly in response to the July 19th incident1. The company continues to focus on consolidating cybersecurity solutions into a streamlined platform to better serve its customers1.
Is there anything specific you’d like to dive deeper into, such as their product offerings or market strategy?
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