Filing Flows › CrowdStrike Holdings (CRWD) › Q1 FY27 › vs Q1 FY26
CrowdStrike Holdings (CRWD) Q1 FY27 vs Q1 FY26 (year over year)
CrowdStrike Holdings's revenue rose $282M (+26%) from $1.1B in Q1 FY26 to $1.4B in Q1 FY27. The biggest changes: Subscription +$270M (+26%); Professional services +$12.1M (+23%).
CrowdStrike Holdings, Q1 FY27: revenue $1.4B (+26% year over year), operating margin -2.2%, net earnings $46.0M, operating cash flow $591M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 35.6% | 27.0% | +8.6 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Subscription | $1.3B | $1.1B | $270M | +26% |
| Professional services | $64.8M | $52.7M | $12.1M | +23% |
| Revenue | $1.4B | $1.1B | $282M | +26% |
| Other income, net | $69.7M | $34.8M | $34.9M | +100% |
| Income tax benefit | $6.9M | −$21.1M | $28.0M | — |
| Costs & expenses | $1.5B | $1.2B | $219M | +18% |
| Operating costs | $1.4B | $1.2B | $194M | +16% |
| Net earnings | $46.0M | −$105M | $151M | — |
| Cost of revenue | $342M | $288M | $54.4M | +19% |
| Research & development | $408M | $331M | $77.4M | +23% |
| Sales & marketing | $489M | $439M | $49.5M | +11% |
| General & admin | $177M | $164M | $12.8M | +8% |
| Operating cash sources | $591M | $384M | $207M | +54% |
| Share-based compensation | $298M | $248M | $50.0M | +20% |
| Working capital & other | $247M | $241M | $5.8M | +2% |
| Operating cash flow | $591M | $384M | $207M | +54% |
| Free cash flow (OCF − capex) | $493M | $298M | $195M | +65% |
| Capital expenditures | $97.6M | $85.8M | $11.9M | +14% |
Questions
How much did CrowdStrike Holdings's revenue grow year over year in Q1 FY27?
CrowdStrike Holdings's revenue rose $282M (+26%) from $1.1B in Q1 FY26 to $1.4B in Q1 FY27.
What drove CrowdStrike Holdings's revenue change in Q1 FY27?
Subscription +$270M (+26%); Professional services +$12.1M (+23%).