CrowdStrike Reports $1.17B Q2 Revenue, $51M Q3 Outage Costs

CrowdStrike reported strong Q2 2025 financial results, with revenue reaching $1.17 billion, exceeding consensus estimates and marking a 21.3% year-over-year increase. The company achieved record annual recurring revenue (ARR) growth of $221 million and expanded its customer base significantly, adding over 1,000 Flex customers and more than 100 re-flex clients. Despite surpassing revenue expectations and raising its full-year revenue and adjusted EPS guidance, CrowdStrike's operating margin declined to -9.7%, reflecting ongoing investments in growth. The company projects Q3 sales between $1.208 billion and $1.218 billion, slightly below analyst estimates of $1.23 billion, as it works to recover from costs related to a global computer outage triggered last year. CEO George Kurtz emphasized CrowdStrike's leadership in cybersecurity consolidation and its role in integrating AI across enterprise environments. Overall, CrowdStrike's robust growth and strategic positioning underscore its strong presence in the cloud-based cybersecurity market with a focus on endpoint, cloud workload, and identity security.