Filing Flows › CrowdStrike Holdings (CRWD) › Q1 FY27 › vs Q4 FY26
CrowdStrike Holdings (CRWD) Q1 FY27 vs Q4 FY26 (quarter over quarter)
CrowdStrike Holdings's revenue rose $80.3M (+6%) from $1.3B in Q4 FY26 to $1.4B in Q1 FY27. The biggest changes: Subscription +$78.6M (+6%); Professional services +$1.7M (+3%).
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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 35.6% | 30.3% | +5.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Subscription | $1.3B | $1.2B | $78.6M | +6% |
| Professional services | $64.8M | $63.1M | $1.7M | +3% |
| Revenue | $1.4B | $1.3B | $80.3M | +6% |
| Other income, net | $69.7M | $44.1M | $25.6M | +58% |
| Income tax benefit | $6.9M | $3.6M | $3.3M | +91% |
| Costs & expenses | $1.5B | $1.4B | $109M | +8% |
| Operating costs | $1.4B | $1.3B | $125M | +10% |
| Net earnings | $46.0M | $61.5M | −$15.5M | -25% |
| Cost of revenue | $342M | $312M | $30.6M | +10% |
| Research & development | $408M | $356M | $51.9M | +15% |
| Sales & marketing | $489M | $464M | $25.1M | +5% |
| General & admin | $177M | $160M | $17.1M | +11% |
| Operating cash sources | $591M | $498M | $93.1M | +19% |
| Share-based compensation | $298M | $274M | $23.8M | +9% |
| Working capital & other | $247M | $162M | $84.8M | +52% |
| Operating cash flow | $591M | $498M | $93.1M | +19% |
| Free cash flow (OCF − capex) | $493M | $395M | $97.9M | +25% |
| Capital expenditures | $97.6M | $102M | −$4.8M | -5% |
Questions
How much did CrowdStrike Holdings's revenue grow quarter over quarter in Q1 FY27?
CrowdStrike Holdings's revenue rose $80.3M (+6%) from $1.3B in Q4 FY26 to $1.4B in Q1 FY27.
What drove CrowdStrike Holdings's revenue change in Q1 FY27?
Subscription +$78.6M (+6%); Professional services +$1.7M (+3%).