Falcon platform
Ending ARR reached $5.84 billion at the end of the July 2026 quarter, growing 25% a year.
The numbers
What it is
The core cloud security platform. Customers subscribe to Falcon modules such as endpoint protection, cloud security, identity protection and threat intelligence, all run from one agent and one console. Growth now comes mostly from selling more modules into existing accounts.
Why it matters to the stock. This is nearly all of the company's revenue, so ARR growth and module adoption here drive the stock more than any single new product.
News
CrowdStrike named a Leader in The Forrester Wave: Proactive Security Platforms, Q3 2026
Forrester named CrowdStrike a Leader in its Forrester Wave on proactive security platforms, a category it described as newly evaluated, covering 12 vendors.
CrowdStrike launches Falcon IQ and puts Falcon on Google Cloud and Snowflake
At the opening of Fal.Con 2026 in Las Vegas, CrowdStrike launched Falcon IQ, which runs assessment and remediation work for its Project QuiltWorks coalition through more than 50 AI agents.
Q2 free cash flow reaches $377.4M as non-GAAP operating income rises to $371.6M
CrowdStrike generated $377.4 million of free cash flow in the quarter ended July 31, 2026, up from $283.6 million a year earlier.
CrowdStrike agrees to buy XM Cyber's IP and expands Schwarz Digits partnership
CrowdStrike signed a definitive agreement to acquire the intellectual property of XM Cyber, a Schwarz Digits company, including more than 45 patents and proprietary source code.
CrowdStrike jumps more than 10% as IBM's weak results lift cybersecurity stocks
CrowdStrike rose more than 10% in early afternoon trading on July 14, 2026, the same day IBM posted preliminary second-quarter results that missed expectations.
CrowdStrike announces 4-for-1 stock split
CrowdStrike announced a four-for-one split of its Class A common stock, paid as a stock dividend of three additional shares for each share held.
CrowdStrike guides fiscal 2027 revenue to $5.87B-$5.93B
CrowdStrike's first full-year fiscal 2027 outlook, issued with the fourth-quarter results, called for total revenue of $5,867.6 million to $5,927.6 million and ARR of $6,465.8 million to $6,516.4 million.