NASDAQ$CRWD
Crowdstrike Holdings · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
CrowdStrike delivered record results, exceeding expectations with strong subscription revenue growth and customer acquisition.
CrowdStrike reported a strong fiscal third quarter in 2021, with total revenue of $232.5 million, an 86% increase year-over-year. Subscription revenue grew by 87% to $213.5 million. The company added 1,186 net new subscription customers and achieved a record net new ARR of $117 million. CrowdStrike also demonstrated strong module adoption, with customers increasingly adopting four or more modules.
- Total revenue increased by 86% year-over-year to $232.5 million.
- Subscription revenue increased by 87% year-over-year to $213.5 million.
- ARR increased 81% year-over-year to $907.4 million.
- Added 1,186 net new subscription customers, reaching a total of 8,416 subscription customers.
Headline financials
Revenue & EPS history
Crowdstrike · Revenue · Quarterly
$380M
Revenue by segment
Crowdstrike · $232M total across 2 segments · Q3 2021
- Subscription$214M+87.0%91.9%
- Professional services$18.9M—8.1%
Forward guidance
CrowdStrike is providing the following guidance for the fourth quarter of fiscal 2021 (ending January 31, 2021) and increasing its guidance for fiscal year 2021 (ending January 31, 2021):
Tailwinds
- Total revenue $245.5 - $250.5 million
- Non-GAAP income from operations $18.5 - $22.1 million
- Non-GAAP net income $17.7 - $21.3 million
- Non-GAAP net income per share, diluted $0.08 - $0.09
- Weighted average shares used in computing Non-GAAP net income per share attributable to common stockholders, diluted 236 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 Q3 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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