Loading...
•
Jul 31, 2024
Crowdstrike Q2 2025 Earnings Report
Reported strong growth in revenue, operating profit, and net income, demonstrating focused execution
Key Takeaways
CrowdStrike announced its Q2 Fiscal Year 2025 financial results, with ending ARR growing 32% year-over-year to reach $3.86 billion. The company's GAAP net income increased more than 5x year-over-year, and non-GAAP net income grew 45% year-over-year. Record Q2 operating cash flow of $327 million and free cash flow of $272 million were delivered.
Ending ARR grew 32% year-over-year to reach $3.86 billion, with $218 million in net new ARR added.
GAAP net income increased more than 5x year-over-year, and record non-GAAP net income grew 45% year-over-year.
Record Q2 operating cash flow of $327 million and free cash flow of $272 million were delivered.
LogScale Next-Gen SIEM, Identity Protection, and Cloud Security exceeded $1 billion in combined ending ARR.
Crowdstrike
Crowdstrike
Crowdstrike Revenue by Segment
Crowdstrike Revenue by Geographic Location
Revenue by Segment
Subscription Revenue
CapyFin.comProfessional Services Revenue
CapyFin.comRevenue by Geographic Location
Total Revenue
CapyFin.com Forward Guidance
CrowdStrike is providing the following guidance for the fiscal third quarter of fiscal 2025 (ending October 31, 2024) and full fiscal year 2025 (ending January 31, 2025). CrowdStrike’s revenue guidance for the fiscal year 2025 includes an estimated $30 million subscription revenue impact in each of the remaining fiscal quarters, as a result of incentives related to our customer commitment package.
Positive Outlook
- Total revenue Q3 FY25: $979.2 - $984.7 million
- Total revenue Full Year FY25: $3,890.0 - $3,902.2 million
- Non-GAAP income from operations Q3 FY25: $166.7 - $170.8 million
- Non-GAAP income from operations Full Year FY25: $774.7 - $783.9 million
- Non-GAAP net income attributable to CrowdStrike Q3 FY25: $201.2 - $205.2 million
Challenges Ahead
- Non-GAAP net income attributable to CrowdStrike Full Year FY25: $908.8 - $918.0 million
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted Q3 FY25: $0.80 - $0.81
- Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted Full Year FY25: $3.61 - $3.65
- Weighted average shares used in computing non-GAAP net income per share attributable to common stockholders, diluted: 252 million
- Fiscal year 2025 revenue guidance includes an estimated impact in the high-single digit millions to professional services revenue in the second half of fiscal year 2025, as a result of incentives related to our customer commitment package.
Revenue & Expenses
Visualization of income flow from segment revenue to net income