earnings
confidence high
sentiment positive
materiality 0.75
CrowdStrike Q2 revenue $731.6M (+37%), ARR $2.93B, GAAP net income $8.5M
CrowdStrike Holdings, Inc.
2024-Q2 EPS reported
$0.04
revenue$1,424,206,000
- Revenue $731.6M (+37% YoY); subscription $690.0M (+36%); ending ARR $2.93B (+37%, $196M net new).
- GAAP net income $8.5M ($0.03 diluted EPS) vs loss of $49.3M; non-GAAP net income $180M ($0.74 EPS).
- Cash flow from ops $244.8M; free cash flow $188.7M; both record Q2 levels.
- Q3 FY2024 revenue guidance: $796.1M-$801.5M; FY2024 revenue raised to $3.033B-$3.040B.
- Module adoption: 63% with 5+ modules, 41% with 6+, 24% with 7+.