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CrowdStrike stock rose on June 3, 2026, after the cybersecurity company reported first-quarter fiscal 2027 earnings that beat expectations and announced a 4-for-1 stock split. The company delivered record net new annual recurring revenue of $256 million, up 32% year-over-year, alongside record free cash flow of $468 million.
Quick Facts
- Q1 revenue reached $1.39 billion, a 26% increase year-over-year
- Record free cash flow of $468 million, up 68% from $279 million in the prior-year quarter
- Non-GAAP operating income jumped 62% to $326 million
- 4-for-1 stock split approved, with trading on split-adjusted basis beginning July 2, 2026
Strong Q1 Results Drive Guidance Increase
CrowdStrike’s fiscal first quarter, ended April 30, 2026, exceeded analyst expectations across key metrics. Subscription revenue climbed to $1.32 billion, up 26% from the year-ago period. The record $256 million in net new ARR reflected strong customer adoption of the company’s Falcon platform, particularly as enterprises accelerate AI security spending. CEO George Kurtz called the quarter a “Mythos moment” where cybersecurity and frontier AI converged, positioning CrowdStrike as critical infrastructure for AI adoption.
The strong performance gave management confidence to raise full-year guidance significantly. CrowdStrike raised its fiscal 2027 net new ARR growth guidance by 520 basis points at the midpoint to 27.7%, signaling accelerating momentum in the second half. The company also delivered record operating cash flow of $591 million in the quarter, demonstrating the profitability of its subscription model as it scales.
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Stock Split and Market Reaction
The board of directors approved a 4-for-one stock split in the form of a stock dividend. Shareholders of record as of June 25, 2026, will receive three additional shares for every share held, with the split-adjusted trading beginning July 2, 2026. Stock splits are often viewed positively by markets as they lower the per-share price, potentially broadening retail investor access.
CRWD stock benefited from the earnings beat and forward guidance raise, which reflected strength in module adoption and customer expansion. The company reported that 51% of customers now use six or more modules on its Falcon platform, up from prior periods, indicating deepening platform penetration. This expansion-driven growth, combined with record cash generation, supported the company’s ability to raise guidance and return capital to shareholders through the stock split authorization.
Sources
- CrowdStrike Investor Relations — Q1 FY27 earnings press release, financial statements, and forward guidance
- Yahoo Finance — Real-time stock price and earnings date information
