This brief reports what CrowdStrike's 8-K earnings release, filed 2025-06-03, 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 |
|---|---|---|
| Non-GAAP net income attributable to CrowdStrike per share, diluted | $0.73 | first quarter of fiscal 2025 |
| Net cash generated from operations | $384.1 million | first quarter of fiscal 2025 |
| Free cash flow | $279.4 million | first quarter of fiscal 2025 |
| Cash and Cash Equivalents | $4.61 billion | April 30, 2025 |
| CrowdStrike’s module adoption rates | 48% | April 30, 2025 |
| CrowdStrike’s module adoption rates | 32% | April 30, 2025 |
| CrowdStrike’s module adoption rates | 22% | April 30, 2025 |
| Total revenue | $1,144.7 - $1,151.6 million | fiscal second quarter of fiscal 2026 |
| Non-GAAP income from operations | $226.9 - $233.1 million | fiscal second quarter of fiscal 2026 |
| Non-GAAP net income attributable to CrowdStrike | $209.1 - $213.8 million | fiscal second quarter of fiscal 2026 |
| Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $0.82 - $0.84 | fiscal second quarter of fiscal 2026 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 255 million | fiscal second quarter of fiscal 2026 |
| Non-GAAP tax rate | 22.5% | fiscal second quarter of fiscal 2026 |
| Non-GAAP tax rate | 22.5% | fiscal year 2026 |
| Annual Recurring Revenue (ARR) | 22% | April 30, 2025 |
| Net new ARR | $193.8 million | — |
| Total revenue | 20% | first quarter of fiscal 2025 |
| Subscription revenue | 20% | first quarter of fiscal 2025 |
| GAAP subscription gross margin | 77% | first quarter of fiscal 2025 |
| GAAP loss from operations | $124.7 million | first quarter of fiscal 2025 |
| GAAP net loss attributable to CrowdStrike | $110.2 million | first quarter of fiscal 2025 |
| Net cash generated from operations | $384.1 million | first quarter of fiscal 2025 |
| Cash and Cash Equivalents | $4.61 billion | April 30, 2025 |
| Module adoption rates | 48% | April 30, 2025 |
| Module adoption rates | 32% | April 30, 2025 |
| Module adoption rates | 22% | April 30, 2025 |
| Gross retention | 97% | — |
| Total revenue | $1,144.7 - $1,151.6 million | Q2 FY26 |
| Non-GAAP income from operations | $226.9 - $233.1 million | Q2 FY26 |
| Non-GAAP net income attributable to CrowdStrike | $209.1 - $213.8 million | Q2 FY26 |
| Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $0.82 - $0.84 | Q2 FY26 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 255 million | Q2 FY26 |
| Non-GAAP tax rate | 22.5% | Q2 FY26 |
| Non-GAAP tax rate | 22.5% | Full Year FY26 |
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
ARR is calculated as the annualized value of CrowdStrike’s customer subscription contracts as of the measurement date, assuming any contract that expires during the next 12 months is renewed on its existing terms.
Dollar-Based Net Retention RateCrowdStrike's dollar-based net retention rate compares its ARR from a set of subscription customers against the same metric for those subscription customers from the prior year.
seat vs consumption / usage-based pricing mix shift
Non-GAAP net income attributable to CrowdStrike per share, diluted, was $0.73, compared to $0.79 in the first quarter of fiscal 2025.
Net cash generated from operations was a record $384.1 million, compared to $383.2 million in the first quarter of fiscal 2025.
Free cash flow was $279.4 million, compared to $322.5 million in the first quarter of fiscal 2025.
Cash and Cash Equivalents grew to a record $4.61 billion as of April 30, 2025.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
Total revenue$1,144.7 - $1,151.6 million
Non-GAAP income from operations$226.9 - $233.1 million
Non-GAAP net income attributable to CrowdStrike$209.1 - $213.8 million
Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted$0.82 - $0.84
Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted255 million
Non-GAAP tax rate22.5%
Non-GAAP tax rate22.5%
competitive displacement / win-loss / platform consolidation
Annual Recurring Revenue (ARR) grew 22% year-over-year to $4.44 billion as of April 30, 2025, of which $193.8 million was net new ARR added in the quarter.
Annual Recurring Revenue (ARR) grew 22% year-over-year to $4.44 billion as of April 30, 2025, of which $193.8 million was net new ARR added in the quarter.
Revenue: Total revenue was $1.10 billion, a 20% increase, compared to $921.0 million in the first quarter of fiscal 2025.
Subscription revenue was $1.05 billion, a 20% increase, compared to $872.2 million in the first quarter of fiscal 2025.
Subscription Gross Margin: GAAP subscription gross margin was 77%, compared to 78% in the first quarter of fiscal 2025.
Income/Loss from Operations: GAAP loss from operations was $124.7 million, compared to GAAP income from operations of $6.9 million in the first quarter of fiscal 2025.
Net Income/Loss Attributable to CrowdStrike: GAAP net loss attributable to CrowdStrike was $110.2 million, compared to GAAP net income attributable to CrowdStrike of $42.8 million in the first quarter of fiscal 2025.
Cash Flow: Net cash generated from operations was a record $384.1 million, compared to $383.2 million in the first quarter of fiscal 2025.
Cash and Cash Equivalents grew to a record $4.61 billion as of April 30, 2025.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
Scope: for six or more modules.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
Scope: for seven or more modules.
CrowdStrike’s module adoption rates were 48%, 32%, and 22% for six or more, seven or more, and eight or more modules, respectively, as of April 30, 20251.
Scope: for eight or more modules.
We started the fiscal year with record Q1 large deal and MSSP momentum alongside sustained 97% gross retention and consistently strong net retention as the market consolidates on Falcon as its cybersecurity platform of choice for the agentic AI era
We started the fiscal year with record Q1 large deal and MSSP momentum alongside sustained 97% gross retention and consistently strong net retention as the market consolidates on Falcon as its cybersecurity platform of choice for the agentic AI era
Our conviction in net new ARR re-acceleration and margin expansion in the second half of fiscal year 2026 is reinforced by Falcon Flex deal momentum and early Falcon Flex expansions, strong competitive win rates and robust pipeline for the second half of fiscal year 2026.
guidance raised/cut, outlook change
Guidance for non-GAAP financial measures excludes stock-based compensation expense and related employer payroll taxes, amortization expense of acquired intangible assets (including purchased patents), amortization of debt issuance costs and discount, mark-to-market adjustments on deferred compensation liabilities, legal reserve and settlement charges or benefits, costs (recoveries) associated with the July 19 Incident and related matters, net, strategic plan related charges5, losses (gains) and other income from strategic investments, acquisition-related expenses (credits), net, and losses (gains) from deferred compensation assets, and is adjusted for its long-term non-GAAP effective tax rate.
Total revenue$1,144.7 - $1,151.6 million
Non-GAAP income from operations$226.9 - $233.1 million
Non-GAAP net income attributable to CrowdStrike$209.1 - $213.8 million
Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted$0.82 - $0.84
Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted255 million
Non-GAAP tax rate22.5%
Non-GAAP tax rate22.5%
Verification ledger
- 58 statements proposed by the extractor
- 39 verified verbatim against the fetched filing (67%)
- 19 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.