NASDAQ$CRWD
Crowdstrike Holdings · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
Reported strong growth in revenue, operating profit, and net income, demonstrating focused execution
CrowdStrike announced its Q2 Fiscal Year 2025 financial results, with ending ARR growing 32% year-over-year to reach $3.86 billion. The company's GAAP net income increased more than 5x year-over-year, and non-GAAP net income grew 45% year-over-year. Record Q2 operating cash flow of $327 million and free cash flow of $272 million were delivered.
- Ending ARR grew 32% year-over-year to reach $3.86 billion, with $218 million in net new ARR added.
- GAAP net income increased more than 5x year-over-year, and record non-GAAP net income grew 45% year-over-year.
- Record Q2 operating cash flow of $327 million and free cash flow of $272 million were delivered.
- LogScale Next-Gen SIEM, Identity Protection, and Cloud Security exceeded $1 billion in combined ending ARR.
Headline financials
Revenue & EPS history
Crowdstrike · Revenue · Quarterly
$964M
Revenue by segment
Crowdstrike · $1.1B total across 2 segments · Q1 2026
- Subscription$1.05B—95.2%
- Professional services$52.7M—4.8%
Forward guidance
CrowdStrike is providing the following guidance for the fiscal third quarter of fiscal 2025 (ending October 31, 2024) and full fiscal year 2025 (ending January 31, 2025). CrowdStrike’s revenue guidance for the fiscal year 2025 includes an estimated $30 million subscription revenue impact in each of the remaining fiscal quarters, as a result of incentives related to our customer commitment package.
Tailwinds
- Total revenue Q3 FY25: $979.2 - $984.7 million
- Total revenue Full Year FY25: $3,890.0 - $3,902.2 million
- Non-GAAP income from operations Q3 FY25: $166.7 - $170.8 million
- Non-GAAP income from operations Full Year FY25: $774.7 - $783.9 million
- Non-GAAP net income attributable to CrowdStrike Q3 FY25: $201.2 - $205.2 million
Headwinds
- Non-GAAP net income attributable to CrowdStrike Full Year FY25: $908.8 - $918.0 million
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted Q3 FY25: $0.80 - $0.81
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted Full Year FY25: $3.61 - $3.65
- Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted: 252 million
- Fiscal year 2025 revenue guidance includes an estimated impact in the high-single digit millions to professional services revenue in the second half of fiscal year 2025, as a result of incentives related to our customer commitment package.
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 2025
+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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro