Key facts
- CrowdStrike reported Q1 FY2027 EPS of $1.10, beating estimates by $0.03.
- Q1 FY2027 revenue was $1.39 billion, exceeding the $1.36 billion consensus.
- The stock fell approximately 9% in after-hours trading.
- A 4-for-1 stock split was announced, effective July 2.
- Full-year revenue guidance was raised to $5.915 billion-$5.959 billion.
- Full-year EPS guidance of $4.88–$4.96 edged past the consensus of $4.86.
CrowdStrike's stock declined approximately 9% in after-hours trading following the release of its first quarter fiscal year 2027 financial results. The cybersecurity company reported earnings per share of $1.10, beating the $1.07 consensus estimate, and revenue of $1.39 billion, surpassing the $1.36 billion consensus and marking a 26% year-over-year increase. Despite these beats, the stock fell, potentially reflecting profit-taking as CRWD is up 65% year-to-date. The company also announced a 4-for-1 stock split, with split-adjusted trading commencing on July 2. Full-year guidance for revenue was set between $5.915 billion and $5.959 billion, and for EPS between $4.88 and $4.96, both exceeding analyst expectations. Analysts from Bernstein and Goldman Sachs reacted positively, raising their price targets to $413 and $726, respectively, citing strong annual recurring revenue and customer interest in AI security. CEO George Kurtz highlighted CrowdStrike's role in AI security infrastructure.