CrowdStrike beats Q2 estimates, lifts FY27 guidance; shares jump 10-18%

CrowdStrike reported Q2 revenue of $1.47B (est. $1.44B), adjusted EPS of $0.31 (est. $0.29), net new ARR of $333M (est. $286M), and FCF of $377.4M (est. $353M). FY27 revenue guidance raised to $5.99B-$6.01B (est. $5.93B) and adjusted EPS to $1.25-$1.26 (est. $1.23). Q3 revenue guidance of $1.52B-$1.53B also topped estimates. The stock rose 10% in after-hours and extended gains to 18% in pre-market trading.