CrowdStrike Swings to 4Q Profit, Sales Rise 23%

Dow Jones05:41

By Katherine Hamilton

 

CrowdStrike swung to a profit and posted higher revenue in the fourth quarter.

The cybersecurity company on Tuesday posted a profit of $38.7 million, or 15 cents a share, in the quarter ended Jan. 31, compared with a loss of $86.3 million, or 35 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $1.12, ahead of the $1.10 anticipated by analysts, according to FactSet.

Revenue rose 23% to $1.31 billion. Analysts surveyed by FactSet forecast revenue of $1.30 billion.

Annual recurring revenue rose 24% to $5.25 billion.

In the first quarter, CrowdStrike expects revenue of $1.36 billion and adjusted earnings per share of $1.06 to $1.07. Analysts' forecast revenue of $1.35 billion and adjusted earnings of $1.06 per share.

For the 2027 fiscal year the company guided for $5.87 billion to $5.93 billion, and adjusted earnings of $4.78 to $4.90 per share. Analysts surveyed by FactSet anticipate fiscal year revenue of $5.86 billion and adjusted earnings of $4.80 per share.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

March 03, 2026 16:41 ET (21:41 GMT)

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