NASDAQ$CRWD
Crowdstrike Holdings · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
CrowdStrike's momentum continued into the second quarter with net new ARR reaching a new record and exceeding $100 million.
CrowdStrike's Q2 2021 financial results showed strong growth with total revenue of $199.0 million, an 84% increase year-over-year, and ARR reaching $790.6 million, a growth of 87% year-over-year. The company added 969 net new subscription customers and generated positive operating and free cash flow for the fourth consecutive quarter.
- Total revenue was $199.0 million, an 84% increase compared to the second quarter of fiscal 2020.
- ARR increased 87% year-over-year and grew to $790.6 million.
- Added 969 net new subscription customers, bringing the total to 7,230.
- GAAP loss from operations was $30.0 million, improved from $50.6 million in the second quarter of fiscal 2020.
Headline financials
Revenue & EPS history
Crowdstrike · Revenue · Quarterly
$199M
Revenue by segment
Crowdstrike · $199M total across 2 segments · Q2 2021
- Subscription$184M+88.8%92.6%
- Professional services$14.7M+39.7%7.4%
Forward guidance
CrowdStrike is providing guidance for the third quarter of fiscal year 2021 and increasing its guidance for fiscal year 2021.
Tailwinds
- Total revenue Q3 FY21: $210.6 - $215.0 million
- Total revenue Full Year FY21: $809.1 - $826.7 million
- Non-GAAP income from operations Q3 FY21: $(1.4) - $1.6 million
- Non-GAAP income from operations Full Year FY21: $3.6 - $16.4 million
- Non-GAAP net income Q3 FY21: $(2.2) - $0.9 million
Headwinds
- Non-GAAP net income Full Year FY21: $5.6 - $18.4 million
- Non-GAAP net income per share, diluted Q3 FY21: $(0.01) - $0.00
- Non-GAAP net income per share, diluted Full Year FY21: $0.02 - $0.08
- Weighted average shares used in computing Non-GAAP net loss per share attributable to common stockholders, diluted: 219 million
- Weighted average shares used in computing Non-GAAP net income per share attributable to common stockholders, diluted: 235 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
+2.6%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+6.7%
Avg return
30 days after
64%
18 / 28 earnings
Positive
+26.9%
Q4 2020
Best reaction
-15.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +6.1% | -4.9% | — | |
| Q4 2026 | +0.8% | +10.9% | +2.0% | |
| Q3 2026 | +0.6% | -0.3% | -12.2% | |
| Q2 2026 | +12.9% | -2.2% | +13.9% | |
| Q1 2026 | +2.0% | +3.0% | -7.2% | |
| Q4 2025 | -6.3% | -20.8% | -17.6% | |
| Q3 2025 | -4.4% | -4.9% | +0.4% | |
| Q2 2025 | +0.7% | +2.8% | +5.9% | |
| Q1 2025 | +10.8% | +13.1% | +25.4% | |
| Q4 2024 | +5.0% | +2.9% | -1.5% | |
| Q3 2024 | +11.6% | +11.9% | +21.9% | |
| Q2 2024 | +11.1% | +9.9% | +14.1% | |
| Q1 2024 | -0.7% | -2.8% | -7.4% | |
| Q4 2023 | +1.0% | -6.2% | +0.2% | |
| Q3 2023 | -15.6% | -11.1% | -25.0% | |
| Q2 2023 | -4.9% | -10.2% | -13.7% | |
| Q1 2023 | +0.4% | +9.4% | +11.0% | |
| Q4 2022 | +21.8% | +16.8% | +39.2% | |
| Q2 2022 | -5.7% | -2.8% | -14.2% | |
| Q1 2022 | -6.2% | -2.5% | +14.5% | |
| Q4 2021 | +3.7% | -3.0% | +6.3% | |
| Q3 2021 | +9.3% | +15.7% | +43.6% | |
| Q2 2021 | -10.0% | -12.9% | -2.7% | |
| Q1 2021 | +3.4% | -1.0% | +13.1% | |
| Q4 2020 | +26.9% | +48.4% | +67.6% | |
| Q3 2020 | -7.4% | -13.5% | -7.7% | |
| Q2 2020 | -10.9% | -16.0% | -25.2% | |
| Q1 2020 | +17.6% | +22.2% | +35.3% | |
| Q4 2019 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — |
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