CrowdStrike Holdings, Inc. (CRWD), a prominent cybersecurity solutions provider, reported first-quarter 2025 financial results that surpassed Wall Street estimates. The company’s revenue totaled $921.04 million, beating analysts’ expectations of $904.82 million. Subscription revenue grew 33.9% year-over-year, and professional services revenue rose 18%.
CRWD posted first-quarter non-GAAP EPS of $0.93, above the consensus estimate of $0.89. Notably, the cybersecurity firm’s annual recurring revenue (ARR) increased 33% year-over-year to $3.65 billion as of April 30, 2024, of which $211.7 million was net new ARR added in the quarter.
