CrowdStrike's first quarter revenue grew 26% to beat estimates, leading to a raised full-year outlook.

CrowdStrike reported first quarter fiscal 2027 revenue of $1.39 billion, up 26% year-over-year, and non-GAAP EPS of $1.10, both exceeding analyst expectations. The company generated record free cash flow and raised its guidance for the full fiscal year.

Key Highlights

• Annual Recurring Revenue (ARR) grew 24% year-over-year, reaching $5.51 billion.
• The company achieved record first quarter net new ARR of $255.8 million, an increase of 32% year-over-year, signaling accelerating demand.
• CrowdStrike raised its full-year fiscal 2027 net new ARR growth guidance to 27.7% at the midpoint, an acceleration over the prior fiscal year.
• The company also announced its board of directors approved a four-for-one stock split to be effective in early July 2026.