Record Q3 Financial Performance
CrowdStrike reported record Q3 net new ARR of $265 million, growing 73% year over year, and an ending ARR of $4.92 billion, which accelerated to 23% growth year over year.
Strong Free Cash Flow and Operating Income
Record Q3 free cash flow of $296 million or 24% of revenue and all-time record operating income of $265 million or 21% of revenue.
Broad-Based Product Success
Acceleration in ARR across cloud, next-gen identity, next-gen SIEM, and endpoint business, with more than $1.35 billion in ending ARR from accounts adopting the Falcon Flex subscription model, growing over 200% year over year.
Successful Strategic Partnerships and Expansions
Expanded partnerships with AWS and F5, enabling Falcon NextGen SIEM integration, and notable deals with large European banks and Fortune 500 companies.
AI-Driven Product Demand
Increased demand for cybersecurity due to AI transformations, with strong performance in identity and cloud security solutions.