CrowdStrike Holdings (CRWD) Reports FQ1 2027 Earnings, Here’s What’s Important to Note

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has gained more than 70% in May, and the company recently released strong results for fiscal Q1 2027 on June 3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is also one of the Best Performing Stocks in May.

​During the quarter, the company posted $1.39 billion in revenue, up 26% year-over-year and ahead of the consensus of $1.36 billion. The EPS of $1.10 also topped the Street’s expectations of $1.07. CEO George Kurtz framed the quarter as an AI inflection point as net new ARR hit a record $256 million, up 32% year over year. The ARR was also up 24% during the same time and reached $5.51 billion. Profitability showed meaningful improvement as GAAP net income came in at $27.8 million, a sharp turnaround from a $104 million loss a year ago.

​Notably, management announced a four-for-one stock split, with trading expected to begin on a split-adjusted basis on July 2, 2026.

​Just before the earnings, on June 3, J.P. Morgan had raised the price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) from $475 to $800 and reiterated a Buy rating on the shares.

​CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leading cloud-native cybersecurity and threat intelligence company specializing in endpoint protection, cloud security, identity security, and next-generation SIEM solutions through its Falcon platform.

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