CrowdStrike Holdings, Inc. (Nasdaq: CRWD) is a global cybersecurity technology company, specializing in cloud-native endpoint protection and cybersecurity solutions. The company has positioned itself as a leader in the cybersecurity sector, notably through its Falcon platform which integrates multiple security capabilities.

In the fiscal first quarter of 2026, CrowdStrike achieved increased performance metrics exemplifying its growth trajectory. The total revenue for the quarter reached $1.10 billion, representing a 20% increase from $921.0 million in the same quarter of fiscal year 2025. Subscription revenue also grew by 20%, totaling $1.05 billion compared to $872.2 million year-over-year. Annual recurring revenue (ARR) was reported at $4.44 billion, reflecting a 22% increase, and added $194 million in net new ARR in the quarter.

The subscription gross margin was recorded at 80%, slightly down from 81% in the previous year. Operating metrics displayed non-GAAP operating income of $201.1 million with a resultant operating margin of 18%, exceeding previous guidance. In contrast, the GAAP loss from operations was noted at $124.7 million, illustrating challenges in profitability that the company faced amid significant investments.

Cash flow analysis revealed record cash generated from operations of $384.1 million, along with a free cash flow totaling $279.4 million or 25% of revenue. Cash and cash equivalents increased to a record $4.61 billion as of April 30, 2025.

Looking at the guidance for the next quarter, CrowdStrike expects total revenue between $1.144 billion and $1.152 billion, implying a year-over-year growth rate of 19%. For the full fiscal year 2026, total revenue is projected to range from $4.743 billion to $4.806 billion, corresponding to growth of 20% to 22% year-over-year. Non-GAAP income from operations for Q2 is anticipated in the range of $226.9 million to $233.1 million, and diluted non-GAAP net income per share is estimated at approximately $0.82 to $0.84.

In summary, CrowdStrike is in a rising trend supported by strong financial performance, showcasing significant increases in revenue and cash generation, while maintaining an assertive growth strategy which includes a share repurchase authorization of up to $1 billion. The company emphasized its commitment to innovation and consolidation within the cybersecurity landscape, particularly with its Falcon Flex platform which has driven notable deal momentum.