StockWatch
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Computer Software: Prepackaged Software
Quarterly ResultJun 4, 2026, 06:07 AM

CrowdStrike Q1 Revenue $1.39B, EPS $0.11; Returns to Profit

AI Summary

CrowdStrike Holdings, Inc. reported strong financial results for the first quarter ended April 30, 2026, with total revenue increasing to $1.39 billion and a significant return to profitability. The company posted a net income of $27.8 million, or $0.11 diluted EPS, a substantial improvement from a net loss in the prior year. Additionally, CrowdStrike completed business acquisitions totaling $881.4 million and repurchased $175.6 million in common stock during the quarter.

Key Highlights

  • Net income attributable to CrowdStrike was $27.8 million, reversing a $104.3 million loss YoY.
  • Diluted EPS reached $0.11, compared to a loss of $0.42 in the prior year period.
  • Total revenue increased 25.6% to $1.39 billion from $1.10 billion year-over-year.
  • Net cash provided by operating activities rose 53.8% to $590.9 million.
  • Completed business acquisitions totaling $881.4 million.
  • Repurchased $175.6 million of common stock.
  • Subscription revenue grew 25.7% to $1.32 billion.