CRWD Q4 2026 Earnings

Call Details

• Call Title: CrowdStrike Q4 2026 Earnings Call
• Date: March 3, 2026 at 10:00 PM UTC
• Management Team:
  • Andy Nowinski (Vice President of Investor Relations and Strategic Finance)
  • George Kurtz (Chief Executive Officer and founder of CrowdStrike)
  • Burt Podbere (Chief Financial Officer)

Call Summary

Financial Performance

• Total Q4 revenue was $1.31B, representing 23% year-over-year growth versus the prior year quarter on a non-GAAP basis.
• Ending ARR was $5.25B, accelerating to 24% year-over-year growth for FY26.
• Q4 net new ARR was $330.7M (CFO disclosure) and FY26 net new ARR was $1.01B, representing 25% year-over-year growth for the full year.
• Q4 non-GAAP operating income was $325.8M, or 25% of revenue, and full-year non-GAAP operating income was $1.05B, or 22% of revenue.
• Q4 non-GAAP gross margin was a record 79% and non-GAAP subscription gross margin was 81% of revenue, both cited as records driven by cloud optimization.
• Q4 free cash flow was $376.4M, or 29% of revenue, and FY26 free cash flow was $1.24B, or 26% of revenue.
• GAAP net income attributable to CrowdStrike for Q4 was positive at $38.7M, while non-GAAP net income attributable to CrowdStrike was $289.1M and diluted non-GAAP EPS was $1.12 for the quarter.
• Cash and cash equivalents were $5.23B and operating cash flow in Q4 was $497.9M, both cited as record levels.

ARR / Recurring Revenue Growth

• Ending ARR reached $5.25B, crossing the $5B milestone and reflecting 24% year-over-year growth.
• Net new ARR for Q4 was reported as $331M by the CEO and $330.7M by the CFO, representing 47% year-over-year growth for the quarter.
• FY26 net new ARR totaled $1.01B, which was the company’s first year delivering over $1B of net new ARR.
• Falcon Flex cohort ending ARR was $1.69B and grew more than 120% year-over-year, with the cohort comprising more than 1,600 customers.
• Cloud ending ARR exceeded $800M and grew more than 35% year-over-year, next-gen identity ending ARR exceeded $520M and grew more than 34% year-over-year, and next-gen SIM ending ARR exceeded $585M and grew over 75% year-over-year.
• Subscription revenue in Q4 was $1.24B, up 23% year-over-year, and professional services revenue was $63.1M, up 26% year-over-year.