CrowdStrike Holdings Inc ( CRWD ) reported financial results for the fourth quarter Tuesday after the bell. Here’s a look at the key metrics from the report.
Q4 Earnings: CrowdStrike ( CRWD ) reported fourth-quarter revenue of $1.058 billion, beating the consensus estimate of $1.032 billion. The cybersecurity company reported adjusted earnings of $1.03 per share, beating analyst estimates of 85 cents per share.
CrowdStrike ( CRWD ) has beat analyst estimates on the top and bottom lines in every quarter since going public in 2019, according to Benzinga Pro.
Total revenue was up 25% year-over-year. Annual recurring revenue increased 23% year-over-year to $4.24 billion after the company added $224.3 million of net new ARR in the quarter.
Net cash generated from operations was $345.7 million and free cash flow came in at $239.8 million. The company ended the quarter with $4.32 billion in cash, equivalents and short-term investments.
“As businesses of all sizes rapidly adopt AI, stopping the breach necessitates cybersecurity’s AI-native platform. We are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses, surpassing $1.3 billion in combined ending ARR,” said George Kurtz, co-founder, president and CEO of CrowdStrike ( CRWD ).
“With 97% gross retention and accounts adopting Falcon Flex adding over $1 billion of in-quarter deal value, customers are increasingly consolidating on the Falcon platform as their AI-native SOC for today and tomorrow.”
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Guidance: CrowdStrike ( CRWD ) expects first-quarter revenue to be between $1.1 billion and $1.106 billion versus estimates of $1.106 billion. The company anticipates first-quarter adjusted earnings of 64 cents to 66 cents per share versus estimates of 95 cents per share.
CrowdStrike ( CRWD ) also introduced full-year 2026 guidance. The company expects full-year revenue of $4.74 billion to $4.81 billion versus estimates of $4.77 billion. The company anticipates full-year adjusted earnings in the range of $3.33 to $3.45 per share versus estimates of $4.42 per share.
The soft earnings guidance appears to be weighing on shares. CrowdStrike ( CRWD ) executives will further discuss the quarter on a call with investors and analysts at 5 p.m. ET.
CRWD Price Action: CrowdStrike ( CRWD ) shares were down 5.9% after hours, trading at $366.95 at the time of publication Tuesday, according to Benzinga Pro.
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