CrowdStrike
What matters nowUpdated 6 h ago
- The latest company story is the October 7 slide: CrowdStrike fell as much as 5.1% in early trading and was still down about 5% in the afternoon, with no company news behind it, after a record close of $278.86 on October 6 1 2.
- Our move record shows CRWD at -4.51% on October 7, +4.75% on October 9 and -5.32% on October 12; the October 7 drop was attributed by the Motley Fool to the stock's run-up and high valuation rather than to a specific news item 1.
- Legal and insider news: U.S. prosecutors closed their probe of the $32 million Carahsoft deal without charges on September 28, while the SEC inquiry has not been confirmed closed 3. CEO George Kurtz sold 20,000 shares on September 24 and 25 at about $252 to $263 under a 10b5-1 plan adopted January 6, 2026, and still held about 7.59 million shares 4.
- Key numbers: the Falcon platform reached $5.84 billion of ending ARR at the end of the July 2026 quarter, growing 25% a year, and Falcon Flex accounts carry $2.29 billion of ARR, up 101% year over year. As of January 31, 2026, trailing free cash flow was $1.31 billion and trailing EPS was -$0.65; the market cap was $65.96 billion, the free-cash-flow yield 1.99%, and net cash $4.48 billion. Over the last 180 days insiders recorded 177 sales worth $657.9 million and no buys.
- Next: CrowdStrike's Q3 fiscal 2027 earnings are estimated for December 2, 2026 and Q4 and fiscal 2027 earnings for March 2, 2027, both unconfirmed. The September CPI prints on October 14 at 12:30 UTC; Polymarket puts an unchanged Fed rate at the October 2026 meeting at 81.5% and a 25 bp hike at 17.5%.
The Motley Fool · Oct 7
The Motley Fool · Oct 6
Accounting Today · Sep 28
SEC Form 4 · Sep 25
CrowdStrike sells a cloud-delivered cybersecurity platform built around its Falcon agent and a growing set of modules for endpoint, cloud, identity, IT operations and security analytics. Customers pay subscriptions for the modules they use, and the company tracks growth through annual recurring revenue (ARR). Its newest growth areas are the Falcon Flex licensing model, the Next-Gen SIEM product, AI security agents and identity and browser security acquired in early 2026.
How it makes money
CrowdStrike earns about 95% of revenue from subscriptions, billed for the Falcon modules each customer runs, and the rest from professional services such as incident response and deployment. Falcon Flex lets customers draw down a prepaid pool of spending across modules, which has pulled more modules into existing accounts and lifted ARR per customer. Gross margin on subscriptions is about 78% on a GAAP basis, and the company's free cash flow was $1.24 billion in fiscal 2026.
Last 12 monthsChart & venues →
Biggest businessesAll products & projects →
Falcon platform
Ending ARR reached $5.84 billion at the end of the July 2026 quarter, growing 25% a year.
Falcon Flex
Falcon Flex accounts carry $2.29 billion of ARR, up 101% year over year.
Next-Gen SIEM
Security analytics product that the company sells alongside Falcon modules and inside Falcon Flex deals.
Charlotte AI and AI security agents
Generative AI assistant and a set of agents that automate analyst work inside the Falcon platform.
Latest newsAll news →
CrowdStrike falls about 5% on Oct 7 with no news behind the drop
CrowdStrike fell as much as 5.1% in early trading on October 7, 2026 and was still down about 5% in the afternoon.
CrowdStrike closes at a record $278.86 on October 6
CrowdStrike closed at $278.86 on Tuesday, October 6, 2026, a new all-time closing high.
Manhattan prosecutors close probe of CrowdStrike's $32M Carahsoft IRS deal
Reporting by Bloomberg, relayed by Accounting Today on September 28, 2026, says U.S.
CEO George Kurtz sells 20,000 shares on Sept 24-25 under a 10b5-1 plan
CEO George Kurtz sold 20,000 Class A shares in open-market trades on September 24 and 25, 2026, at prices of about $252 to $263.
CrowdStrike named a Leader in The Forrester Wave: Proactive Security Platforms, Q3 2026
Forrester named CrowdStrike a Leader in its Forrester Wave on proactive security platforms, a category it described as newly evaluated, covering 12 vendors.
CrowdStrike unveils SafeMind security AI models built with NVIDIA
CrowdStrike launched SafeMind, a family of AI models and agent harnesses built on NVIDIA's open Nemotron models and produced by its new Cyber Superintelligence Lab.
Products & businesses
Falcon platform
Ending ARR reached $5.84 billion at the end of the July 2026 quarter, growing 25% a year.
Falcon Flex
Falcon Flex accounts carry $2.29 billion of ARR, up 101% year over year.
Next-Gen SIEM
Security analytics product that the company sells alongside Falcon modules and inside Falcon Flex deals.
Charlotte AI and AI security agents
Generative AI assistant and a set of agents that automate analyst work inside the Falcon platform.
What it's building next
Segments
| Segment | Revenue | Share | |
|---|---|---|---|
| Subscription Recurring fees for Falcon platform modules, including endpoint, cloud, identity, next-gen SIEM and Falcon Flex. | $4.56B | 94.9% | |
| Professional services Incident response, deployment and other consulting work sold alongside subscriptions. | $247.3M | 5.1% |
Fiscal FY2026 · from the annual report
Financial statements
| Metric | TTM | Q2 FY2027 2026-07-31 | Q1 FY2027 2026-04-30 | Q4 FY2026 2026-01-31 | Q3 FY2026 2025-10-31 | Q2 FY2026 2025-07-31 | Q1 FY2025 2025-04-30 | Q4 FY2024 2025-01-31 | Q3 FY2025 2024-10-31 |
|---|---|---|---|---|---|---|---|---|---|
| Gross profit | $4.06B | $1.10B +27% | $1.04B | $993.7Md | $926.4M +23% | $860.4M +18% | $815.6M +56% | $1.30Bd +16% | $755.1M +28% |
| Operating income | −$119.5M | −$33.2M | −$30.6M | $13.8Md | −$69.4M | −$105.5M -872% | −$118.7M | −$84.7Md -177% | −$55.7M -1862% |
| Net income | $58.5M | $5.3M | $27.8M | $59.4Md | −$34.0M | −$70.2M -249% | −$104.3M -21335% | −$50.9Md -124% | −$16.8M -163% |
| EPS (diluted) | $0.22 | $0.01 | $0.11 | $0.24d | $-0.14 | $-0.07 -137% | $-0.42 | $-0.20d -122% | $-0.07 -164% |
| Operating cash flow | $2.02B | $530.3Md | $590.9M | $497.9Md | $397.5Md | — | $384.1M +28% | — | — |
| Capital expenditure | $407.9M | $124.4Md | $97.6M | $102.5Md | $83.4Md | — | $85.8M +38% | — | — |
| Share buybacks | — | $0d | $175.6M | — | — | — | $0 | — | — |
| Cash & equivalents | $5.01B | $5.01B | $4.55B | $5.23B | $4.80B | $4.97B | $4.61B | $4.32B | $4.26B |
| Total debt | $746.2M | $746.2M | $745.8M | $745.5M | $745.1M | $744.7M | $744.4M | $744.0M | $743.6M |
| Shares outstanding | 1.02B | 1.02B | 254.6M | — | 252.1M | 251.0M | 249.2M | — | — |
| Metric | FY2026 2026-01-31 | FY2024 2025-01-31 | FY2023 2024-01-31 | FY2022 2023-01-31 |
|---|---|---|---|---|
| Cost of revenue | $1.22B | $990.2M +30% | $758.9M +26% | $601.2M |
| Gross profit | $3.59B | $2.96B +29% | $2.30B +40% | $1.64B |
| Research & development | $1.38B | $1.08B +38% | $780.3M +28% | $608.4M |
| Operating income | −$293.3M | −$116.4M | −$19.1M | −$190.1M |
| EBIT | −$293.3M | −$116.4M | −$19.1M | −$190.1M |
| Interest expense | $28.0M | $26.3M +2% | $25.8M +2% | $25.3M |
| Income tax | $34.2M | $71.1M +121% | $32.2M +44% | $22.4M |
| Net income | −$162.5M | −$15.2M -121% | $72.2M | −$183.2M |
| EPS (diluted) | $-0.65 | $-0.06 -120% | $0.30 | $-0.79 |
| Diluted shares (weighted) | 250.6M | 244.8M | 243.6M | 233.1M |
| Operating cash flow | $1.61B | $1.38B +18% | $1.17B +24% | $941.0M |
| Capital expenditure | $302.1M | $254.9M +44% | $176.5M -25% | $235.0M |
| Share buybacks | — | — | — | — |
| Cash & equivalents | $5.23B | $4.32B | $3.38B | $2.46B |
| Long-term debt (incl. current portion) | $745.5M | $744.0M | $742.5M | $741.0M |
| Total debt | $745.5M | $744.0M | $742.5M | $741.0M |
| Total assets | $11.09B | $8.70B | $6.65B | $5.03B |
| Total liabilities | $6.61B | $5.38B | $4.31B | $3.54B |
| Shareholders' equity | $4.43B | $3.28B | $2.30B | $1.46B |
| Shares outstanding | — | — | — | — |
From XBRL data in SEC filings. Small figures under each value: change vs the same period a year earlier. d = derived (e.g. Q4 = full year − first nine months).
NewsFull archive →
CrowdStrike falls about 5% on Oct 7 with no news behind the drop
CrowdStrike fell as much as 5.1% in early trading on October 7, 2026 and was still down about 5% in the afternoon.
CrowdStrike closes at a record $278.86 on October 6
CrowdStrike closed at $278.86 on Tuesday, October 6, 2026, a new all-time closing high.
Manhattan prosecutors close probe of CrowdStrike's $32M Carahsoft IRS deal
Reporting by Bloomberg, relayed by Accounting Today on September 28, 2026, says U.S.
CEO George Kurtz sells 20,000 shares on Sept 24-25 under a 10b5-1 plan
CEO George Kurtz sold 20,000 Class A shares in open-market trades on September 24 and 25, 2026, at prices of about $252 to $263.
CrowdStrike named a Leader in The Forrester Wave: Proactive Security Platforms, Q3 2026
Forrester named CrowdStrike a Leader in its Forrester Wave on proactive security platforms, a category it described as newly evaluated, covering 12 vendors.
CrowdStrike unveils SafeMind security AI models built with NVIDIA
CrowdStrike launched SafeMind, a family of AI models and agent harnesses built on NVIDIA's open Nemotron models and produced by its new Cyber Superintelligence Lab.
CrowdStrike launches Falcon IQ and puts Falcon on Google Cloud and Snowflake
At the opening of Fal.Con 2026 in Las Vegas, CrowdStrike launched Falcon IQ, which runs assessment and remediation work for its Project QuiltWorks coalition through more than 50 AI agents.
CrowdStrike shares jump about 20% after record Q2 beat and raised outlook
CrowdStrike shares rose as much as 19.7% in early trading on August 27, 2026 and were still up about 19.6% in the afternoon.
Q2 free cash flow reaches $377.4M as non-GAAP operating income rises to $371.6M
CrowdStrike generated $377.4 million of free cash flow in the quarter ended July 31, 2026, up from $283.6 million a year earlier.
CrowdStrike and Cerebras partner on AI detection and response
CrowdStrike will run its Falcon AI Detection and Response models on Cerebras inference hardware.
CrowdStrike agrees to buy XM Cyber's IP and expands Schwarz Digits partnership
CrowdStrike signed a definitive agreement to acquire the intellectual property of XM Cyber, a Schwarz Digits company, including more than 45 patents and proprietary source code.
CrowdStrike jumps more than 10% as IBM's weak results lift cybersecurity stocks
CrowdStrike rose more than 10% in early afternoon trading on July 14, 2026, the same day IBM posted preliminary second-quarter results that missed expectations.
CrowdStrike completes 4-for-1 stock split effective after the July 1 close
CrowdStrike distributed three additional Class A shares for every share held, a four-for-one split paid as a stock dividend.
CEO George Kurtz sells 3,973 CrowdStrike shares on June 23-24
A Form 4 filing shows CEO George Kurtz sold 3,973 Class A shares in open-market transactions on June 23 and June 24, 2026, before the stock split.
CrowdStrike announces 4-for-1 stock split
CrowdStrike announced a four-for-one split of its Class A common stock, paid as a stock dividend of three additional shares for each share held.
CrowdStrike repurchased $175.6 million of stock in fiscal Q1 2027
CrowdStrike's quarterly filing for the three months ended April 30, 2026 shows $175.6 million of common stock repurchases, about 480 thousand shares.
CrowdStrike ties Claude Opus 4.7 into Falcon and Project QuiltWorks
CrowdStrike said it will integrate Anthropic's Claude Opus 4.7 across the Falcon platform, including Falcon Exposure Management, Charlotte Agentic SOAR and Charlotte AI AgentWorks.
CrowdStrike launches Charlotte AI AgentWorks for custom security agents
CrowdStrike launched the Charlotte AI AgentWorks ecosystem at RSA 2026, a no-code platform for building custom security agents inside Falcon.
CrowdStrike unveils Agentic MDR at RSA 2026
CrowdStrike unveiled Agentic MDR at RSA 2026, a managed detection and response service in which Falcon Complete analysts deploy AI agents to automate high-friction security workflows.
CrowdStrike and Perplexity bring Falcon security to Comet Enterprise
CrowdStrike and Perplexity announced a strategic partnership to add the Falcon platform to Perplexity's Comet Enterprise AI browser.
CrowdStrike guides fiscal 2027 revenue to $5.87B-$5.93B
CrowdStrike's first full-year fiscal 2027 outlook, issued with the fourth-quarter results, called for total revenue of $5,867.6 million to $5,927.6 million and ARR of $6,465.8 million to $6,516.4 million.
CrowdStrike completes SGNL acquisition
CrowdStrike's quarterly filing dates the closing of the SGNL acquisition to February 20, 2026, about six weeks after the deal was announced.
CrowdStrike completes Seraphic acquisition in February
CrowdStrike's quarterly filing for the three months ended April 30, 2026 dates the closing of the Seraphic Algorithms acquisition to February 3, 2026.
CrowdStrike moves to acquire browser security firm Seraphic
CrowdStrike announced its intent to acquire Seraphic Security, a browser runtime security company, five days after the SGNL deal.
CrowdStrike agrees to buy identity security startup SGNL
CrowdStrike signed a definitive agreement to acquire SGNL, a continuous identity provider that sits between identity systems and SaaS or cloud resources.
SEC filings
| Oct 8, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Oct 6, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Oct 5, 26 | 4 | Form 4: GANDHI SAMEER K (Director) — open-market sale 54,000 sh | sec.gov ↗ |
| Oct 5, 26 | 4 | Form 4: Saha Anurag (CHIEF ACCOUNTING OFFICER) — open-market sale 24,776 sh | sec.gov ↗ |
| Oct 2, 26 | 4 | Form 4: Sentonas Michael (PRESIDENT) — option exercise 12,920 sh, open-market sale 241,944 sh | sec.gov ↗ |
| Oct 2, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Oct 1, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 30, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Sep 30, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 28, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Sep 25, 26 | 4 | Form 4: Podbere Burt W. (CHIEF FINANCIAL OFFICER) — open-market sale 480,000 sh | sec.gov ↗ |
| Sep 24, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Sep 24, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 22, 26 | 4 | Form 4: Saha Anurag (CHIEF ACCOUNTING OFFICER) — open-market sale 7,016 sh | sec.gov ↗ |
| Sep 22, 26 | 4 | Form 4: Sentonas Michael (PRESIDENT) — open-market sale 49,863 sh | sec.gov ↗ |
| Sep 22, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 3,014 sh | sec.gov ↗ |
| Sep 22, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 81,501 sh | sec.gov ↗ |
| Sep 22, 26 | 4 | Form 4: Podbere Burt W. (CHIEF FINANCIAL OFFICER) — open-market sale 33,882 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: Kurtz George (PRESIDENT AND CEO, Director) — open-market sale 20,000 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: Schumacher Laura J (Director) — award 68 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: Flower Johanna (Director) — award 56 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: OLEARY DENIS (Director) — award 58 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: GANDHI SAMEER K (Director) — award 63 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: Watzinger Gerhard (Director) — award 126 sh | sec.gov ↗ |
| Sep 21, 26 | 4 | Form 4: DAVIS CARY (Director) — open-market sale 29,940 sh, award 83 sh | sec.gov ↗ |
Insider trades, 12 months
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-07 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $268.92 | $2.7M |
| 2026-10-06 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $280.52 | $2.8M |
| 2026-10-05 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $271.81 | $2.7M |
| 2026-10-02 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $269.74 | $2.7M |
| 2026-10-01 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $265.28 | $2.7M |
| 2026-10-01 | Saha Anurag CHIEF ACCOUNTING OFFICER | Sale 10b5-1 plan | 24.8K | $262.72 | $6.5M |
| 2026-10-01 | GANDHI SAMEER K Director | Sale 10b5-1 plan | 54.0K | $265.22 | $14.3M |
| 2026-09-30 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $265.63 | $2.7M |
| 2026-09-30 | Sentonas Michael PRESIDENT | Sale 10b5-1 plan | 241.9K | $265.45 | $64.2M |
| 2026-09-29 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $259.87 | $2.6M |
| 2026-09-28 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $256.54 | $2.6M |
| 2026-09-25 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $255.07 | $2.6M |
| 2026-09-24 | Podbere Burt W. CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 480.0K | $261.44 | $125.5M |
| 2026-09-24 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $261.17 | $2.6M |
| 2026-09-23 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $258.13 | $2.6M |
| 2026-09-22 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $248.21 | $2.5M |
| 2026-09-21 | Podbere Burt W. CHIEF FINANCIAL OFFICER | Sale | 33.9K | $238.18 | $8.1M |
| 2026-09-21 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 81.5K | $239.77 | $19.5M |
| 2026-09-21 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 3.0K | $249.86 | $753.1K |
| 2026-09-21 | Sentonas Michael PRESIDENT | Sale | 49.9K | $231.74 | $11.6M |
| 2026-09-21 | Saha Anurag CHIEF ACCOUNTING OFFICER | Sale | 7.0K | $231.74 | $1.6M |
| 2026-09-18 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $239.06 | $2.4M |
| 2026-09-17 | DAVIS CARY Director | Sale | 29.9K | $246.00 | $7.4M |
| 2026-09-17 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $245.52 | $2.5M |
| 2026-09-16 | Kurtz George PRESIDENT AND CEO, Director | Sale 10b5-1 plan | 10.0K | $245.79 | $2.5M |