FINANCE NOTE

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) — Q2 FY2027 Post Earnings

Operations

As of August 27, 2026
Q2 Revenue ↑ 26% YoY $1.47B
Divisions
Subscription 95.2%
Professional Services 4.8%

Key Earnings Driver

Falcon Flex Subscription revenue increased 27% year over year to $1.4B and Professional Services revenue increased 7% to $70.6M. Module adoption rates for Subscription customers using six or more Falcon modules reached 51%. Falcon Flex ending ARR exceeded $2.29B, up 101% year over year.

Key Operating Metrics¹

METRIC

STATUS

Subscription↑ 27%

Falcon Platform

Falcon Flex

🟢 Scaling

Key Financial Metrics

Gross Margin 75.00% +1 pp YoY
Backlog / Revenue 401.0% 4.01x Qtr Rev
CapEx Intensity 10.26% 0.10x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from CrowdStrike Holdings, Inc. website and/or SEC filings for Q2, with status based on reported data.