CrowdStrike Posts 26% Revenue Growth, Stock Trades at Premium

CrowdStrike reported 26% revenue growth to $1.39 billion and 51% EPS growth to $1.10 in Q1 2027. The company announced a 4-for-1 stock split effective July 2026. While the stock has surged 394% over three years and trades at a premium 154x forward earnings.

CRWD reported fiscal first-quarter 2027 revenue of $1.39 billion, up 26% year over year, with adjusted earnings of $1.10 per share topping the $1.07 consensus . Alongside the beat, the cybersecurity company unveiled a 4-for-1 stock split: shareholders of record on June 25, 2026 receive three additional shares, with split-adjusted trading beginning July 2.

Annual recurring revenue reached $5.51 billion as of April 30, up 24% year over year, and management lifted full-year fiscal 2027 guidance to $5.91-$5.95 billion in revenue and $4.88-$4.96 in adjusted EPS. Even so, shares fell roughly 10% after hours as a softer billings figure overshadowed the record ARR and the raised outlook.

The sell-off highlights how richly CRWD is priced after an approximately 394% three-year run and a forward multiple well above peers, leaving little room for any slowdown in net-new ARR . Investors will watch whether platform consolidation and enterprise renewal cycles, still normalizing after the July 2024 outage, can sustain mid-20s ARR growth into the back half of the year.