Q4 25 EPS
$1.03
BEAT +19.77%
Est. $0.86
Q4 25 Revenue
$1.06B
BEAT +2.26%
Est. $1.04B
vs S&P Since Q4 25
-0.1%
TRAILING MARKET
CRWD +23.5% vs S&P +23.6%
Full Year 2025 Results
FY 25 EPS
$3.93
BEAT +4.45%
Est. $3.76
FY 25 Revenue
$3.95B
BEAT +0.59%
Est. $3.93B
Market Reaction
Did CRWD Beat Earnings? Q4 2025 Results
CrowdStrike closed out fiscal 2025 on a strong note, posting Q4 revenue of $1.06 billion, up 25.2% year-over-year and ahead of the $1.04 billion consensus, while non-GAAP diluted EPS of $1.03 cleared the $0.86 estimate by 19.77%, driven by deepening … Read more CrowdStrike closed out fiscal 2025 on a strong note, posting Q4 revenue of $1.06 billion, up 25.2% year-over-year and ahead of the $1.04 billion consensus, while non-GAAP diluted EPS of $1.03 cleared the $0.86 estimate by 19.77%, driven by deepening module adoption and accelerating subscription growth. Annual Recurring Revenue reached $4.24 billion after the company added $224.30 million in net new ARR during the quarter, with next-generation SIEM, cloud security, and identity protection together crossing $1.30 billion in combined ending ARR. On a GAAP basis, the quarter reflected a net loss of $92.28 million, weighed down by $272.53 million in stock-based compensation and $21.01 million in lingering costs tied to last year's content configuration incident. Looking ahead, management guided Q1 FY2026 revenue to $1.10 billion to $1.11 billion and full-year FY2026 revenue to $4.74 billion to $4.81 billion, with non-GAAP EPS of $3.33 to $3.45, though shares softened as investors digested a more conservative profit outlook than some had anticipated.
Key Takeaways
- • ARR grew 23% year-over-year to $4.24 billion with $224 million in net new ARR in Q4
- • 97% dollar-based gross retention rate
- • Module adoption deepening: 67% with 5+ modules, 48% with 6+, 32% with 7+, 21% with 8+
- • Next-Gen SIEM, Cloud Security, and Identity Protection surpassed $1.3 billion in combined ending ARR
- • Falcon Flex customers added over $1 billion of in-quarter deal value
- • Subscription revenue growth of 27% year-over-year in Q4
CRWD YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
CRWD Revenue by Segment
With YoY comparisons, source: SEC Filings
“Delivering $224 million of net new ARR, which brings our ending ARR to $4.24 billion, places us firmly on the flight path to our $10 billion ending ARR goal. As businesses of all sizes rapidly adopt AI, stopping the breach necessitates cybersecurity's AI-native platform. We are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses, surpassing $1.3 billion in combined ending ARR. With 97% gross retention and accounts adopting Falcon Flex adding over $1 billion of in-quarter deal value, customers are increasingly consolidating on the Falcon platform as their AI-native SOC for today and tomorrow.”
— George Kurtz, Q4 2025 Earnings Press Release
CRWD Earnings Trends
CRWD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CRWD EPS Trend
Earnings per share: estimate vs actual
CRWD Revenue Trend
Quarterly revenue: estimate vs actual
CRWD Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $1.10 | $1.12 | +1.82% | $1.31B | +0.61% |
| FY Full Year | $3.72 | $3.73 | +0.35% | $4.81B | +0.17% |
| Q3 26 BEAT | $0.94 | $0.96 | +1.99% | $1.23B | +1.53% |
| Q2 26 BEAT | $0.83 | $0.93 | +12.05% | $1.17B | +1.63% |
| Q1 26 BEAT | $0.66 | $0.73 | +10.62% | $1.10B | -0.17% |
| Q4 25 BEAT FY | $0.86 | $1.03 | +19.77% | $1.06B | +2.26% |
| FY Full Year | $3.76 | $3.93 | +4.45% | $3.95B | +0.59% |
| Q3 25 BEAT | $0.81 | $0.93 | +14.97% | $1.01B | +2.76% |
| Q2 25 BEAT | $0.97 | $1.04 | +7.22% | $963.9M | +0.55% |
| Q1 25 BEAT | $0.89 | $0.93 | +4.49% | $921.0M | +1.81% |