Revenue and Gross Profit Expansion
Gross profit grew 27.9% YoY to $1.04B in Q2 FY2026, up from $815.6M in the prior year period, reflecting strong demand for CrowdStrike's cybersecurity platform and continued customer adoption. Cost of revenue rose 18.9% to $342.3M, growing slower than gross profit, indicating improving unit economics.
Return to Profitability
CrowdStrike posted net income of $27.8M in Q2 FY2026, a dramatic improvement from a net loss of $104.3M in Q2 FY2025, representing a 126.6% YoY swing. Operating loss also narrowed sharply by 74.2% to -$30.6M, signaling meaningful progress toward sustained operating profitability.
Operating Cash Flow Strength
Operating cash flow surged 53.8% YoY to $590.9M, demonstrating the company's strong cash generation capability even as it continues to invest heavily in growth. This robust cash flow supports ongoing R&D investment and capital allocation flexibility.