This brief reports what CrowdStrike's 10-Q, filed 2026-06-04, states, and nothing else. Every item below is a sentence the filing contains, quoted exactly and verified character-for-character against the document fetched from EDGAR. No inference is drawn and no claim is made about what any figure means.
The figures
| Metric | Value | Period |
|---|---|---|
| ARR | 24% | April 30, 2026 |
| ARR | 22% | April 30, 2025 |
| ARR | $5.5 billion | April 30, 2026 |
| Net new ARR | $255.8 million | three months ended April 30, 2026 |
| ARR | $4.4 billion | April 30, 2025 |
| Net new ARR | $193.8 million | three months ended April 30, 2025 |
| Dollar-based net retention rate | strong | three months ended April 30, 2026 |
| Cash and cash equivalents | 4,552,801 | April 30, 2026 |
| Cash and cash equivalents | 5,230,125 | January 31, 2026 |
| Accounts receivable, net | 933,887 | April 30, 2026 |
| Accounts receivable, net | 1,361,844 | January 31, 2026 |
| Global minimum corporate tax rate under Pillar Two | 15% | — |
| Aggregate U.S. federal and California net operating loss carryforwards | $2.6 billion | January 31, 2026 |
| Aggregate U.S. federal and California net operating loss carryforwards | $417.4 million | January 31, 2026 |
| Net operating loss carryforwards for other states | $998.3 million | January 31, 2026 |
| Net operating loss carryforwards for the U.K. | $84.2 million | January 31, 2026 |
| Employee-related expenses | 8.9 million | three months ended April 30, 2026 |
| Average headcount | 6% | three months ended April 30, 2026 |
| Employee-related expenses | 0.9 million | three months ended April 30, 2026 |
| Average headcount | 1% | three months ended April 30, 2026 |
| Employee-related expenses | 14.9 million | three months ended April 30, 2026 |
| Average headcount | 3% | three months ended April 30, 2026 |
| Employee-related expenses | 33.3 million | three months ended April 30, 2026 |
| Average headcount | 13% | three months ended April 30, 2026 |
Every figure above is quoted from the filing; the sentence it was read from appears under its beat below.
The evidence, by beat
ARR / NRR / NDR growth or dilution
Annual recurring revenue$5,508,596 $4,435,596
Annual recurring revenue$5,508,596 $4,435,596
Year-over-year growth24 %22 %
Year-over-year growth24 %22 %
ARR grew to $5.5 billion as of April 30, 2026, of which $255.8 million was net new ARR added for the three months ended April 30, 2026.
ARR grew to $5.5 billion as of April 30, 2026, of which $255.8 million was net new ARR added for the three months ended April 30, 2026.
ARR grew to $4.4 billion as of April 30, 2025, of which $193.8 million was net new ARR added for the three months ended April 30, 2025.
ARR grew to $4.4 billion as of April 30, 2025, of which $193.8 million was net new ARR added for the three months ended April 30, 2025.
Our dollar-based net retention rate compares our ARR from a set of subscription customers against the same metric for those subscription customers from the prior year.
Our dollar-based net retention rate reflects customer renewals, expansion, contraction, and churn, and excludes revenue from our incident response and proactive services.
We calculate our dollar-based net retention rate as of period end by starting with the ARR from all subscription customers as of 12 months prior to such period end, or Prior Period ARR.
Current Period ARR includes any expansion and is net of contraction or churn over the trailing 12 months but excludes revenue from new subscription customers in the current period.
Current Period ARR includes any expansion and is net of contraction or churn over the trailing 12 months but excludes revenue from new subscription customers in the current period.
Current Period ARR includes any expansion and is net of contraction or churn over the trailing 12 months but excludes revenue from new subscription customers in the current period.
Our dollar-based net retention rate continued to be strong during the three months ended April 30, 2026.
Our dollar-based net retention rate can fluctuate from period to period due to large customer contracts in a given period and incentives provided, which may reduce our dollar-based net retention rate in subsequent periods.
if our customers are not able to fully utilize their product subscriptions (including in connection with our flexible subscription offering), we may experience increased contraction as such customers may elect to renew with shorter subscription periods, fewer cloud modules, fewer endpoints or smaller contract values, which may reduce our dollar-based net retention rate.
Customer commitment packages introduced following the July 19 Incident have included discounting, additional modules, professional services, flexible payment terms or subscription period extensions.
Our customer commitment packages have resulted, and are expected to continue to result, in increased contraction, due to elongated subscription terms, and decreased upsell dollar values.
Our customer commitment packages have resulted, and are expected to continue to result, in increased contraction, due to elongated subscription terms, and decreased upsell dollar values.
seat vs consumption / usage-based pricing mix shift
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
competitive displacement / win-loss / platform consolidation
We face intense competition and could lose market share to our competitors, which could adversely affect our business, financial condition, and results of operations.
If our customers do not renew their subscriptions for our products and add additional cloud modules to their subscriptions, our future results of operations could be harmed.
If organizations do not adopt cloud-based SaaS-delivered endpoint security solutions, our ability to grow our business and results of operations may be adversely affected.
If we are unable to successfully enhance our existing products and services and introduce new products and services in response to rapid technological changes and market developments as well as evolving security threats, our competitive position and prospects will be harmed.
We have a history of losses, and while we have achieved profitability in certain periods, including the first quarter of fiscal 2027 and fiscal 2024, we may not be able to achieve or sustain profitability in the future.
Cash and cash equivalents$4,552,801 $5,230,125
Cash and cash equivalents$4,552,801 $5,230,125
Accounts receivable, net of allowance for credit losses of $3.1 million and $3.0 million as of April 30, 2026 and January 31, 2026, respectively933,887 1,361,844
Accounts receivable, net of allowance for credit losses of $3.1 million and $3.0 million as of April 30, 2026 and January 31, 2026, respectively933,887 1,361,844
Scope: net of allowance for credit losses of $3.0 million.
AI product monetisation / attach
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
guidance raised/cut, outlook change
Under Pillar Two, the Inclusive Framework has agreed on a global minimum corporate tax rate of 15% for companies with revenue above €750 million, calculated on a jurisdictional basis.
As of January 31, 2026, we had aggregate U.S federal and California net operating loss carryforwards of $2.6 billion and $417.4 million, respectively, which may be available to offset future taxable income for income tax purposes.
Scope: U.S. federal and California.
As of January 31, 2026, we had aggregate U.S federal and California net operating loss carryforwards of $2.6 billion and $417.4 million, respectively, which may be available to offset future taxable income for income tax purposes.
Scope: U.S. federal and California.
As of January 31, 2026, net operating loss carryforwards for other states totaled $998.3 million, which begin to expire in fiscal 2027 through fiscal 2046.
As of January 31, 2026, net operating loss carryforwards for the U.K. totaled $84.2 million, which are carried forward indefinitely, and net operating loss carryforwards totaled immaterial amounts in certain foreign jurisdictions.
cost action / restructuring / headcount
an increase in employee-related expenses of $8.9 million driven by a 6% increase in average headcount
a 6% increase in average headcount
an increase in employee-related expenses of $0.9 million driven by a 1% increase in average headcount
a 1% increase in average headcount
an increase in employee-related expenses of $14.9 million driven by a 3% increase in average headcount
a 3% increase in average headcount
an increase in employee-related expenses of $33.3 million driven by a 13% increase in average headcount
a 13% increase in average headcount
Verification ledger
- 49 statements proposed by the extractor
- 42 verified verbatim against the fetched filing (86%)
- 7 discarded — not quotable character-for-character
The verbatim check contains no model: the extractor proposes a statement, and a deterministic substring match against the fetched text decides whether it is admissible. A proposal that does not verify is dropped.
This brief publishes no inference and no synthesis. The publication's inference layer must clear a measured second-lab confirmation threshold before it may appear; it has not, so it is absent by rule rather than by omission.