{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"CrowdStrike Holdings, Inc. (CRWD) Announced Q1 2027 Earnings on June 3, 2026, Reporting \"total revenue of $1.39 billion\"","html":"","width":"100%","height":180,"duration":1211,"description":"CrowdStrike Holdings, Inc. reported first quarter fiscal 2027 total revenue of $1.39 billion, an increase of 26% over the first quarter of last year.First quarter non-GAAP operating income was $325.7 million, representing a non-GAAP operating margin of 24%.The company generated record free cash flow of $468.5 million, or 34% of revenue, for the quarter.CrowdStrike achieved record first quarter net new ARR of $255.8 million, bringing ending ARR to $5.51 billion.Non-GAAP net income attributable to CrowdStrike was a first quarter record of $283.4 million, or $1.10 on a diluted per share basis.Management emphasized the company's position as critical AI infrastructure, highlighting a surge in demand following the release of new frontier AI models.The company highlighted its AIDR, or AI detection and response offering, which achieved ending ARR growth of more than 250% sequentially.CrowdStrike also announced it closed the acquisitions of Signal and Surafic during the quarter.Additionally, the company announced a 4-for-1 forward stock split to make ownership more accessible to investors. On the partnership front, CrowdStrike highlighted its collaboration with Anthropic and OpenAI, as well as the formation of a coalition with partners such as Accenture, EY, and IBM to unite the industry around AI readiness.For the second quarter of fiscal 2027, CrowdStrike expects total revenue in the range of $1.436 billion to $1.442 billion and non-GAAP income from operations between $346 million and $349 million.The company expects second quarter diluted non-GAAP net income per share to be approximately $1.16 to $1.17.For the full fiscal year 2027, management expects total revenue between $5.915 billion and $5.959 billion.Full year non-GAAP income from operations is expected to be between $1.452 billion and $1.480 billion, with full year net new ARR growth expected to accelerate over fiscal year 2026.","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}