AI NewsCrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours
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Summary
CrowdStrike reported a 26% year-over-year increase in Q1 revenue to $1.39 billion, beating estimates of $1.36 billion. The company also forecasted Q2 revenue of about $1.44 billion, slightly above estimates of $1.43 billion. However, the stock price dropped 9% or more after hours.
Why it matters
CrowdStrike's Q1 revenue beat estimates, but the stock price still dropped after hours.
Related coverage
| Techmeme | CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours | 6/4/2026, 4:00:36 AM |
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