CrowdStrike reported its fiscal 2027 second-quarter results, with revenue and adjusted EPS exceeding market expectations. The company raised its full-year outlook, and its share price rose approximately 10% in after-hours trading following the earnings release.
CrowdStrike reported fiscal 2027 second-quarter revenue of $1.47 billion, up 26% year on year, and adjusted EPS of $0.31, with both figures exceeding market expectations. ARR reached $5.84 billion, representing 25% growth year on year. Management highlighted the stabilization of long-term contracts and the expansion of its customer base.
The Falcon Flex model, which encourages new long-term contracts, supported growth, and the company expanded its Flex customer base to more than 935 organizations. The CFO said the model supports recurring revenue and is contributing to broader product coverage per customer and higher long-term contract value. CEO George Kurtz pointed to the growing importance of AI security as reliance on AI increases.
The full-year outlook was raised, with fiscal 2027 revenue projected at $5.99 billion–$6.01 billion and adjusted EPS at $1.25–$1.26. Third-quarter revenue is expected to be $1.52 billion–$1.53 billion, with adjusted EPS of approximately $0.31, broadly in line with market expectations.
Technically, the stock had been weak before the earnings release but rose approximately 10% in after-hours trading afterward. The shares have recovered their 60-day moving average, and could test the upside toward $250 if they break above resistance around $228. However, the outlook could become more cautious if the $181–$185 support zone comes into view.