NASDAQ$CRWD

Crowdstrike Holdings · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

CrowdStrike posted strong Q3 results with record ARR additions and raised guidance.

CrowdStrike delivered a robust Q3 FY26 performance, achieving record net new ARR and strong non-GAAP earnings, while continuing to grow its Falcon Flex model and strategic partnerships.

Headline financials

Total Revenue

$1.23B

Previous: $1.01B+22.2%
EPS (adj)

$0.96

Previous: -$0.07+1471.4%
Net New ARR

$265M

Previous: $153M+73.2%
Non-GAAP Operating Income

$265M

Previous: $201M+31.8%
Annual Recurring Revenue

$4.92B

Previous: $4B+23.0%
Capital Expenditures

-$200M

Previous: -$168M-19.1%
Free Cash Flow

-$34M

Previous: $868M-103.9%
Net Income

-$34M

Previous: -$16.8M-102.1%
Operating Income

-$69.4M

Previous: -$55.7M-24.6%
Gross Profit

$926M

Previous: $755M+22.7%
Cash & Equivalents

$4.8B

Previous: $4.26B+12.7%
Total Assets

$9.97B

Previous: $7.78B+28.0%

Revenue & EPS history

Crowdstrike · Revenue · Quarterly

$1.23B

Q3 2026+22.2%vs Q3 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Crowdstrike · $1.1B total across 2 segments · Q1 2026

  • Subscription
    $1.05B
  • Professional services
    $52.7M

Forward guidance

CrowdStrike raised its full-year guidance, driven by strong demand and expanding partnerships.

Tailwinds

  • Raised FY26 total revenue guidance to $4.796B–$4.806B
  • Increased Q4 FY26 revenue guidance to $1.29B–$1.3B
  • Raised net new ARR growth expectation for H2 FY26 to at least 50%
  • Raised full-year FY26 non-GAAP net income to $949.6M–$954.0M
  • Confidence in achieving 20% net new ARR growth in FY27

Headwinds

  • GAAP net loss widened to $34M from $17M YoY
  • GAAP operating loss increased to $69M
  • Loss from operations affected by higher R&D and marketing costs
  • Increased costs related to July 19 incident
  • Non-GAAP guidance excludes multiple significant expense categories

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+2.5%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+6.7%

Avg return

30 days after

63%

17 / 27 earnings

Positive

+26.9%

Q4 2020

Best reaction

-15.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
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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