On August 28, 2024, CrowdStrike Holdings, Inc. reported its financial results for the fiscal quarter ending July 31, 2024. The company announced a 32% year-over-year increase in total revenue, reaching $963.9 million, with subscription revenue contributing $918.3 million. Annual Recurring Revenue (ARR) also grew by 32% to $3.86 billion. GAAP net income saw a significant increase to $47.0 million, up from $8.5 million in the same quarter of the previous year. Non-GAAP net income grew by 45% year-over-year to $260.8 million. The company highlighted its resilience and customer commitment, particularly following the July 19th incident, and emphasized continued investment in innovation. CrowdStrike's CEO, George Kurtz, pointed to the success of products like LogScale Next-Gen SIEM, Identity Protection, and Cloud Security, which have collectively surpassed $1 billion in ending ARR. The company's CFO, Burt Podbere, expressed confidence in CrowdStrike's market opportunity and commitment to innovation. For the upcoming fiscal quarter and full year, CrowdStrike provided guidance that includes the impact of customer commitment package incentives on subscription and professional services revenue.

On August 28, 2024, CrowdStrike Holdings, Inc. reported its financial results for the fiscal quarter ending July 31, 2024. The company announced a 32% year-over-year increase in total revenue, reaching $963.9 million, with subscription revenue contributing $918.3 million. Annual Recurring Revenue (ARR) also grew by 32% to $3.86 billion. GAAP net income saw a significant increase to $47.0 million, up from $8.5 million in the same quarter of the previous year. Non-GAAP net income grew by 45% year-over-year to $260.8 million. The company highlighted its resilience and customer commitment, particularly following the July 19th incident, and emphasized continued investment in innovation. CrowdStrike's CEO, George Kurtz, pointed to the success of products like LogScale Next-Gen SIEM, Identity Protection, and Cloud Security, which have collectively surpassed $1 billion in ending ARR. The company's CFO, Burt Podbere, expressed confidence in CrowdStrike's market opportunity and commitment to innovation. For the upcoming fiscal quarter and full year, CrowdStrike provided guidance that includes the impact of customer commitment package incentives on subscription and professional services revenue.