CRWD News
R40 coverage for CrowdStrike Holdings, Inc. (CRWD).
R40 Coverage
Our Own Explainer Says the Rule of 40 Captures Stock Compensation 'Not Perfectly'. Here Is How Imperfectly.
The four companies our Rule of 40 explainer holds up as the metric working properly pay between 14.5% and 21.5% of revenue in stock-based compensation. Subtract it and two of the four fall below 40. Between a third and four fifths of the free cash flow making up the profitability half of those scores is matched, in the same quarter, by stock issued to employees.
CrowdStrike Q1 FY2027: Record Net New ARR, Raised Guidance, and a First-Ever Stock Split
CrowdStrike's fiscal Q1 2027 revenue grew 26% to $1.39 billion and net new ARR hit a record $256 million, prompting management to raise full-year ARR growth guidance and the board to approve the company's first-ever stock split. We break down the numbers, the AI-security narrative, and the ongoing recovery from the July 2024 global outage.