This brief reports what CrowdStrike's 8-K earnings release, filed 2025-12-02, 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 |
|---|---|---|
| GAAP net loss per share attributable to CrowdStrike, diluted | $0.14 | third quarter of fiscal 2025 |
| Non-GAAP net income attributable to CrowdStrike | $245.4 million | third quarter of fiscal 2025 |
| Non-GAAP net income attributable to CrowdStrike per share, diluted | $0.96 | third quarter of fiscal 2025 |
| Net cash generated from operations | $397.5 million | third quarter of fiscal 2025 |
| Free cash flow | $295.9 million | third quarter of fiscal 2025 |
| Cash and Cash Equivalents | $4.80 billion | October 31, 2025 |
| CrowdStrike’s module adoption rates | 49% | October 31, 2025 |
| CrowdStrike’s module adoption rates | 34% | October 31, 2025 |
| CrowdStrike’s module adoption rates | 24% | October 31, 2025 |
| Total revenue | $1,290.0 - $1,300.0 million | Q4 FY26 |
| Non-GAAP income from operations | $315.4 - $319.4 million | Q4 FY26 |
| Non-GAAP net income attributable to CrowdStrike | $282.1 - $286.6 million | Q4 FY26 |
| Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted | $1.09 - $1.11 million | Q4 FY26 |
| Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted | 258 million | Q4 FY26 |
| Non-GAAP tax rate | 21.0% | Q4 FY26 |
| Non-GAAP tax rate | 21.0% | Full Year FY26 |
| Total revenue | $1.23 billion | third quarter of fiscal 2026 |
| Subscription revenue | $1.17 billion | third quarter of fiscal 2026 |
| Annual Recurring Revenue (ARR) | $4.92 billion | October 31, 2025 |
| GAAP subscription gross margin | 78% | third quarter of fiscal 2026 |
| Non-GAAP subscription gross margin | 81% | third quarter of fiscal 2026 |
| GAAP loss from operations | $69.4 million | third quarter of fiscal 2026 |
| Non-GAAP income from operations | $264.6 million | third quarter of fiscal 2026 |
| GAAP net loss attributable to CrowdStrike | $34.0 million | third quarter of fiscal 2026 |
| GAAP net loss per share attributable to CrowdStrike, diluted | $0.14 | third quarter of fiscal 2026 |
| Non-GAAP net income attributable to CrowdStrike | $245.4 million | third quarter of fiscal 2026 |
| Non-GAAP net income attributable to CrowdStrike per share, diluted | $0.96 | third quarter of fiscal 2026 |
| Net cash generated from operations | $397.5 million | third quarter of fiscal 2026 |
| Free cash flow | $295.9 million | third quarter of fiscal 2026 |
| Cash and Cash Equivalents | $4.80 billion | October 31, 2025 |
| CrowdStrike’s module adoption rates | 49%, 34%, and 24% | October 31, 2025 |
| Total revenue | $1,290.0 - $1,300.0 million | Q4 FY26 |
| Total revenue | $4,796.6 - $4,806.6 million | 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.
CrowdStrike'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.
Module adoption rates are calculated by taking the total number of customers with six or more, seven or more, and eight or more modules, respectively, divided by the total number of subscription customers (excluding Falcon Go customers).
seat vs consumption / usage-based pricing mix shift
GAAP net loss per share attributable to CrowdStrike, diluted, was $0.14, compared to $0.07 in the third quarter of fiscal 2025.
Non-GAAP net income attributable to CrowdStrike was a record $245.4 million, compared to $190.9 million in the third quarter of fiscal 2025.
Non-GAAP net income attributable to CrowdStrike per share, diluted, was a record $0.96, compared to $0.76 in the third quarter of fiscal 2025.
Net cash generated from operations was a record $397.5 million, compared to $326.1 million in the third quarter of fiscal 2025.
Free cash flow was $295.9 million, compared to $230.6 million in the third quarter of fiscal 2025.
Cash and Cash Equivalents was $4.80 billion as of October 31, 2025.
CrowdStrike’s module adoption rates grew to 49%, 34%, and 24% for six or more, seven or more, and eight or more modules, respectively, as of October 31, 2025.
CrowdStrike’s module adoption rates grew to 49%, 34%, and 24% for six or more, seven or more, and eight or more modules, respectively, as of October 31, 2025.
CrowdStrike’s module adoption rates grew to 49%, 34%, and 24% for six or more, seven or more, and eight or more modules, respectively, as of October 31, 2025.
Guidance for non-GAAP financial measures excludes stock-based compensation expense and related employer payroll taxes, amortization of acquired intangible assets (including purchased patents), acquisition-related expenses (credits), net, 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 charges (benefits), losses (gains) and other income from strategic investments, and losses (gains) on deferred compensation assets, and is adjusted for our long-term non-GAAP effective tax rate.
Total revenue$1,290.0 - $1,300.0 million
Non-GAAP income from operations$315.4 - $319.4 million
Non-GAAP net income attributable to CrowdStrike$282.1 - $286.6 million
Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted$1.09 - $1.11 million
Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted258 million
Non-GAAP tax rate21.0%
Non-GAAP tax rate21.0%
competitive displacement / win-loss / platform consolidation
The filing names this beat, but no statement in it verified as a verbatim quote, so none is reported here.
AI product monetisation / attach
Total revenue was $1.23 billion, a 22% increase, compared to $1.01 billion in the third quarter of fiscal 2025.
Subscription revenue was $1.17 billion, a 21% increase, compared to $962.7 million in the third quarter of fiscal 2025.
Annual Recurring Revenue (ARR) grew 23% year-over-year to $4.92 billion as of October 31, 2025, of which $265.3 million was net new ARR added in the quarter.
Subscription Gross Margin: GAAP subscription gross margin was 78% for both the third quarter of fiscal 2026 and 2025.
Non-GAAP subscription gross margin was 81%, compared to 80% in the third quarter of fiscal 2025.
GAAP loss from operations was $69.4 million, compared to $55.7 million in the third quarter of fiscal 2025.
Non-GAAP income from operations was a record $264.6 million, compared to $200.7 million in the third quarter of fiscal 2025.
GAAP net loss attributable to CrowdStrike was $34.0 million, compared to $16.8 million in the third quarter of fiscal 2025.
GAAP net loss per share attributable to CrowdStrike, diluted, was $0.14, compared to $0.07 in the third quarter of fiscal 2025.
Non-GAAP net income attributable to CrowdStrike was a record $245.4 million, compared to $190.9 million in the third quarter of fiscal 2025.
Non-GAAP net income attributable to CrowdStrike per share, diluted, was a record $0.96, compared to $0.76 in the third quarter of fiscal 2025.
Net cash generated from operations was a record $397.5 million, compared to $326.1 million in the third quarter of fiscal 2025.
Free cash flow was $295.9 million, compared to $230.6 million in the third quarter of fiscal 2025.
Cash and Cash Equivalents was $4.80 billion as of October 31, 2025.
CrowdStrike’s module adoption rates grew to 49%, 34%, and 24% for six or more, seven or more, and eight or more modules, respectively, as of October 31, 2025.
guidance raised/cut, outlook change
Guidance for non-GAAP financial measures excludes stock-based compensation expense and related employer payroll taxes, amortization of acquired intangible assets (including purchased patents), acquisition-related expenses (credits), net, 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 charges (benefits), losses (gains) and other income from strategic investments, and losses (gains) on deferred compensation assets, and is adjusted for our long-term non-GAAP effective tax rate.
Q4 FY26GuidanceFull Year FY26GuidanceTotal revenue$1,290.0 - $1,300.0 million$4,796.6 - $4,806.6 million
Q4 FY26GuidanceFull Year FY26GuidanceTotal revenue$1,290.0 - $1,300.0 million$4,796.6 - $4,806.6 million
CrowdStrike is providing the following guidance for the fourth quarter of fiscal 2026 (ending January 31, 2026) and increasing its guidance for fiscal year 2026 (ending January 31, 2026).
Verification ledger
- 57 statements proposed by the extractor
- 39 verified verbatim against the fetched filing (68%)
- 18 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.