"CrowdStrike ( Nasdaq: CRWD) reports after the close with expectations high following a second quarter marked by renewed acceleration and broad-based platform strength. Management emphasized that Q2 FY26 represented a turning point, net new ARR accelerated a full quarter earlier than anticipated, Charlotte AI adoption surged, and the company continued to gain share across cloud runtime, identity, and Next-Gen SIEM. Crowdstrike is up 48% in 2025 and up 2.4% today, heading into earnings at 4:05 PM ET."
"Flex utilization sits above 75%, re-Flex activity doubled, and re-Flex deals deliver ~50% ARR uplift - a central bull catalyst heading into Q3. 2. AI-Driven Demand and Charlotte AI Adoption- Charlotte AI posted 85% sequential growth last quarter and is now deeply embedded across Falcon modules. The call detailed dramatic productivity gains, with tasks that once took days now handled in under an hour. CRWD's positioning as the security layer for agentic AI is becoming a key narrative for investors."
Q2 FY26 represented a turning point with net new ARR accelerating a full quarter earlier than anticipated and guidance targeting at least 40% year-over-year net new ARR growth in the back half. Falcon Flex utilization exceeds 75%, re-Flex activity doubled, and re-Flex deals deliver roughly 50% ARR uplift. Charlotte AI posted 85% sequential growth and is deeply embedded across Falcon modules, producing dramatic productivity gains that reduce multi‑day tasks to under an hour. Next‑Gen SIEM ARR grew 95% year‑over‑year to $430 million and an Onum acquisition promises 5x faster throughput with about 50% lower storage costs. Cloud ending ARR surpassed $700 million, up 35% year‑over‑year, with emphasis on runtime protection.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]