AI Security Demand Drives 23% Quarterly Revenue Surge.. ARR Exceeds 5 Trillion Won

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported fourth-quarter results for the fiscal year ended January 31, 2026, with revenue of $1.31 billion—up 23% year-over-year—and full-year revenue of $4.81 billion, a 22% increase. Annual recurring revenue (ARR) grew 24% to $5.25 billion, driven by strong new ARR additions in the quarter. The company returned to GAAP net income in Q4 after a prior-year loss and delivered record operating and free cash flows on both a quarterly and annual basis.

Management emphasized robust growth in its AI-powered security portfolio and its subscription-based “Falcon Flex” offering, along with strategic partnerships—most notably with Microsoft—and the contributions of recent acquisitions. For fiscal 2027, the company guided for continued growth in revenue, ARR and non-GAAP profitability. It also repurchased approximately $50 million of its own shares following the reporting period.

In the wake of these results, Morgan Stanley upgraded CrowdStrike to an overweight rating and raised its 12-month price target, reflecting an improved analyst outlook. The company further expanded its footprint in AI and cloud security by being named a security partner for the European Union’s sovereign cloud initiative and securing additional large-scale public and cloud contracts.

Founded in 2011, CrowdStrike is a cloud-native cybersecurity company that delivers endpoint protection, threat intelligence and incident-response services on a unified platform. With the global cybersecurity market expected to nearly double to $300 billion by 2030, next-generation, AI-enabled security platforms are attracting increasing interest from U.S. growth investors.