CrowdStrike Holdings Inc.
CrowdStrike Reports Strong Second Quarter FY2025 Financial Results
Summary
CrowdStrike Holdings, Inc. reported strong financial results for the second quarter of fiscal year 2025, ended July 31, 2024. The company saw a 32% year-over-year increase in Annual Recurring Revenue (ARR) to $3.86 billion, with net new ARR added in the quarter being $217.6 million. Total revenue for the quarter was $963.9 million, a 32% increase from the prior year. GAAP net income attributable to CrowdStrike was $47.0 million, compared to $8.5 million in the second quarter of fiscal year 2024. Non-GAAP net income attributable to CrowdStrike was $260.8 million. The company also reported record operating cash flow of $327 million and free cash flow of $272 million for the quarter. In addition, CrowdStrike announced its financial outlook for the third quarter and full fiscal year 2025.
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About CrowdStrike Holdings Inc.
CrowdStrike Holdings Inc. is a leading cybersecurity technology company known for its innovative cloud-native protection solutions. Specializing in endpoint security, threat intelligence, and cyberattack response, CrowdStrike serves as a pivotal safeguard for digital environments across various industries. Its flagship Falcon platform integrates cutting-edge artificial intelligence to deliver real-time threat detection, prevention, and response, enhancing the security posture of its clients. CrowdStrike impacts sectors ranging from financial services to healthcare, retail, and government, reflecting its broad applicability and critical role in mitigating cyber risks. Founded in 2011 and headquartered in Sunnyvale, California, CrowdStrike has established itself as a critical player in cybersecurity, addressing the ever-evolving threat landscape with agility and expertise. As cyber threats become increasingly sophisticated, CrowdStrike’s prominence in fostering secure business operations continues to grow, making it an indispensable partner for organizations aiming to protect their digital assets.
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