CrowdStrike's stock jumped over 11% after a record quarter, powered by AI-driven security demand.
Revenue hit $1.47 billion, up 26% year over year.
The company raised its full-year outlook, citing the "Mythos moment."
What happened
CrowdStrike shares rose more than 11% in extended trading after the company beat Wall Street's fiscal second-quarter estimates and raised its full-year outlook. Adjusted EPS was 31 cents vs. 29 cents expected, and revenue was $1.47 billion vs. $1.44 billion expected, up 26% from $1.17 billion a year ago.
Why it matters
CEO George Kurtz called it "the best quarter in CrowdStrike's history," citing the "Mythos moment" — Anthropic's advanced Mythos model, which can exploit previously unknown software vulnerabilities, has driven demand for new security tools as AI adoption grows. Annual recurring revenue rose 25% to $5.84 billion, with record net new ARR of $333 million.
What to watch
The company lifted its full-year revenue outlook to between $5.99 billion and $6.01 billion, above the $5.93 billion analyst estimate. For Q3, it forecasts revenue of $1.52 billion to $1.53 billion and adjusted EPS of 31 cents, roughly in line with expectations.
Ask the AI about this article →
CrowdStrike's record quarter underscores how AI's rapid adoption is reshaping the cybersecurity landscape. The company's CEO directly attributes the surge to the "Mythos moment," where AI models like Anthropic's advanced Mythos can discover and exploit unknown vulnerabilities, forcing enterprises to invest in new defenses. This has translated into mass-market acceptance that AI adoption requires robust security, a shift that has powered CrowdStrike and its competitors to all-time highs, with the stock up over 61% this year. The company's raised guidance signals confidence that this demand is not a one-time event but a sustained trend, as every enterprise moves toward AI and securing it becomes a top priority. This context explains why investors reacted so strongly to the earnings beat and the boosted outlook.
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