CrowdStrike Beats Q4 Estimates as AI Security Demand Strengthens

Font: Financial Modeling Prep  • Mar 04, 2026

CrowdStrike reported fourth-quarter results that exceeded Wall Street estimates and provided largely in-line guidance for fiscal 2027, amid growing investor concerns about AI-driven disruption in the software sector.

The Austin-based cybersecurity firm reported earnings of $1.12 per share for the quarter, beating analyst estimates of $1.10. Revenue reached $1.31 billion, slightly ahead of the $1.30 billion consensus forecast.

For the first quarter, CrowdStrike projected earnings of $1.06 to $1.07 per share, roughly in line with the $1.07 consensus estimate. Revenue guidance for the period was set at $1.36 billion to $1.364 billion, compared with expectations of approximately $1.36 billion.

For fiscal 2027, the company expects earnings per share between $4.78 and $4.90, compared with analyst forecasts of $4.84. Full-year revenue is projected to range from $5.87 billion to $5.93 billion, broadly aligned with consensus estimates of $5.87 billion.

Management said increasing enterprise adoption of artificial intelligence is driving greater demand for security platforms as organizations work to protect AI models, data, and workloads.

CrowdStrike ended fiscal 2026 with $5.25 billion in annual recurring revenue, including $1.01 billion in net new annual recurring revenue during the year. The company also reported record operating cash flow and free cash flow for both the quarter and the full fiscal year.