NASDAQ$CRWD
Crowdstrike Holdings · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Crowdstrike achieved record net new ARR and strong subscription revenue growth.
CrowdStrike reported strong second quarter fiscal year 2022 financial results, with a 70% increase in total revenue to $337.7 million and a 70% increase in ARR to $1.34 billion. The company added a record 1,660 net new subscription customers and generated $151 million in net new ARR.
- Total revenue increased by 70% year-over-year to $337.7 million.
- ARR increased 70% year-over-year to $1.34 billion.
- The company added 1,660 net new subscription customers, bringing the total to 13,080.
- Non-GAAP income from operations was $35.3 million, compared to $7.8 million in the second quarter of fiscal 2021.
Headline financials
Revenue & EPS history
Crowdstrike · Revenue · Quarterly
$338M
Revenue by segment
Crowdstrike · $338M total across 2 segments · Q2 2022
- Subscription$316M+71.4%93.5%
- Professional services$21.9M+48.5%6.5%
Forward guidance
CrowdStrike is providing the following guidance for the third quarter of fiscal 2022 (ending October 31, 2021) and increasing its guidance for fiscal year 2022 (ending January 31, 2022):
Tailwinds
- Total revenue $358.0 - $365.3 million
- Total revenue $1,391.2 - $1,409.4 million
- Non-GAAP income from operations $29.4 - $34.7 million
- Non-GAAP income from operations $138.5 - $152.1 million
- Non-GAAP net income attributable to CrowdStrike $19.7 - $25.0 million
Headwinds
- Non-GAAP net income attributable to CrowdStrike $102.9 - $116.5 million
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted $0.08 - $0.10
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted $0.43 - $0.49
- Weighted average shares used in computing non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted 240 million
- Weighted average shares used in computing non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted 239 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 2022
+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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