CrowdStrike Q1 Revenue Jumps 20%
CrowdStrike (NASDAQ:CRWD) reported first quarter fiscal 2026 results on June 3, 2025, exceeding internal expectations with $194 million in net new annual recurring revenue (ARR), $1.1 billion in total revenue (up 20% year over year), $279.4 million in free cash flow (25% margin), and 97% gross retention. The company delivered $774 million in new FalconFlex account value and raised its FY2027 adjusted operating and free cash flow margin targets, underpinned by accelerated platform adoption and strong partner momentum. This summary delivers discrete insights into FalconFlex’s transformative impact, artificial intelligence (AI)-native security innovation, and strategic capital allocation updates, each supported with exact transcript quotes and precise details for long-term investors.FalconFlex total deal value reached $3.2 billion, up more than sixfold year over year, and 820 unique customers are averaging 31-month terms with a $1 million-plus average ARR per flex customer. The “reflex” dynamic -- customers returning quickly after initial flex deployments -- demonstrates drastically shortened sales cycles and large upsells, as highlighted by a Fortune 100 client that increased its spend from $12 million over a three-year term to over $100 million in a single five-year contract.Continue reading
CrowdStrike (NASDAQ:CRWD) reported first quarter fiscal 2026 results on June 3, 2025, exceeding internal expectations with $194 million in net new annual recurring revenue (ARR), $1.1 billion in total revenue (up 20% year over year), $279.4 million in free cash flow (25% margin), and 97% gross retention. The company delivered $774 million in new FalconFlex account value and raised its FY2027 adjusted operating and free cash flow margin targets, underpinned by accelerated platform adoption and strong partner momentum.
This summary delivers discrete insights into FalconFlex’s transformative impact, artificial intelligence (AI)-native security innovation, and strategic capital allocation updates, each supported with exact transcript quotes and precise details for long-term investors.
FalconFlex total deal value reached $3.2 billion, up more than sixfold year over year, and 820 unique customers are averaging 31-month terms with a $1 million-plus average ARR per flex customer. The “reflex” dynamic -- customers returning quickly after initial flex deployments -- demonstrates drastically shortened sales cycles and large upsells, as highlighted by a Fortune 100 client that increased its spend from $12 million over a three-year term to over $100 million in a single five-year contract.
