| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 12 | — | 17.2x | Bottom tier | |
Growth | 90 | 24.3% | 7.1% | Top tier | |
Quality | 69 | -2.3% | 4.5% | Top tier | |
Safety | 71 | — | 2.6x | Top tier | |
Capital Return | 57 | 0.01% | 0.19% | Around median | |
Momentum | 99 | 75.4% | 0.5% | Top tier | |
Sentiment | 74 | 29 | 3 | Top tier |
10-year US Treasury yield 5.29% as of 2026-09-30. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
CrowdStrike offers the Falcon cybersecurity platform and generates most of its revenue from cloud protection subscriptions covering endpoints, identity, cloud environments, Next-Gen SIEM, exposure management, and AI usage monitoring through AIDR. In Q2 FY2027, subscription revenue accounted for $1.40 billion of total revenue of $1.47 billion, while professional services posted a record $71 million; commercial expansion increasingly relies on Falcon Flex, which allows customers to purchase multiple modules and expand their usage within a unified subscription.
The company recorded 26% year-over-year revenue growth in Q2 FY2027, with growth accelerating for the fifth consecutive quarter. Adjusted gross margin was 79%, and adjusted subscription gross margin was 81%, while adjusted operating income reached a record $372 million at a 25% margin, up 350 basis points year over year. GAAP net income was $5 million, compared with record adjusted net income of $323 million and adjusted earnings per share of $0.31, while free cash flow reached $377 million, or 26% of revenue.
Ending annual recurring revenue reached $5.84 billion in Q2 FY2027, growing by more than 25%, while net new annual recurring revenue reached a record $333 million, up 51%. Performance was broad-based across customer sizes and regions, but the United States represented about 65% of quarterly revenue versus 35% for international markets, while 51%, 35%, and 26% of subscription customers adopted seven modules and eight or more modules, respectively.
The average analyst price target is $230.48, close to the upper end of the 52-week range of $233.88, while the wide spread between the lowest target of $119 and the highest target of $425 reveals substantial disagreement over the growth trajectory and risks. The consensus “Buy” rating supports a positive outlook, but the absence of an available price-to-earnings ratio and a market capitalization of approximately 36.5 times the midpoint of FY2027 revenue guidance make the valuation highly dependent on continued ARR growth and margin expansion, particularly in a high-yield environment.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Revenue reached $1.47 billion, growing 26%, while net new annual recurring revenue reached a record $333 million, growing 51%. The company also recorded record adjusted operating income of $372 million and record free cash flow of $377 million. Net additions exceeded the high end of the company's guidance by more than $45 million, while both gross and net retention rates improved from the previous quarter.
Annual recurring revenue from accounts using Falcon Flex exceeded $2.29 billion in Q2 FY2027, growing 101% year over year. CrowdStrike added more than 935 Flex accounts during the quarter, and accounts migrating from traditional subscriptions achieved an average increase of more than 40% in ending annual recurring revenue. More than 630 accounts also recommitted to Flex at least once, and customers that recommitted two or more times had an average increase of 53% compared with the beginning of their first Flex subscription.
Automated analysis for informational purposes only — not investment advice.
For Q3 FY2027, the company expects revenue between $1.523 billion and $1.529 billion, growing 23%–24%, and annual recurring revenue between $6.184 billion and $6.188 billion. For FY2027, it expects revenue between $5.991 billion and $6.011 billion and annual recurring revenue between $6.603 billion and $6.612 billion. It also raised its net new annual recurring revenue guidance to $1.350–$1.359 billion, representing growth of approximately 34% and an increase of about $116 million from the initial outlook.
Annual recurring revenue for Next-Gen SIEM exceeded $695 million in Q2 FY2027, while identity annual recurring revenue reached more than $585 million, growing 34%. Falcon Shield grew by more than 185%, and the privileged account protection offering grew by more than 35 times, while cloud annual recurring revenue reached $905 million, growing by more than 29%. This is complemented by the acceleration of AIDR and exposure management, alongside the endpoint business continuing to accelerate for the fourth consecutive quarter.
The provided market capitalization is $219 billion, or approximately 36.5 times the midpoint of FY2027 revenue guidance of about $6.0 billion, and no price-to-earnings ratio is available in the provided data. The average analyst target is $230.48, close to the top of the 52-week range of $233.88, but targets range from $119 to $425. The stock's decline of more than 5% in a session covered by September 1, 2026 news, as the ten-year Treasury yield reached 4.80%, illustrates the sensitivity of the high valuation to changes in discount rates.
