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. The move followed a second-quarter beat on revenue, adjusted EPS and record net new ARR, plus a raised full-year outlook. Operating and free cash flow also reached quarterly records.

• Shares up as much as 19.7% in early trading and 19.6% at 2:42 p.m. ET on Aug 27
• Revenue $1.47B vs about $1.44B expected; adjusted EPS $0.31 vs $0.29 expected
• Record net new ARR of $333M; FY2027 revenue guidance raised to $5.99B-$6.01B
• Operating cash flow $530M and free cash flow $377M, both quarterly records