Crowdstrike Holdings Inc (NASDAQ:CRWD) stock rose 3.15% (As on August 28, 11:18:00 AM UTC-4, Source: Google Finance) after the company reported earnings and revenue beats in its second quarter but fell short of expectations for its third-quarter outlook. As of the end of the quarter, CrowdStrike had $4.66 billion in annual recurring revenue, up 20% year-over-year. Net cash from operations came in at $332.8 million, up from $326.6 million in the second quarter of the previous fiscal year, and the company was sitting on a record $4.97 billion in cash and cash equivalents as of July 31.

Meanwhile, in the quarter there was CrowdStrike’s May integration of the Falcon platform with Nvidia Enterprise AI Factory, bringing enterprise-grade protection directly into artificial intelligence infrastructure and model workflows. That was followed in June by an expansion of Falcon Cloud Security. CrowdStrike partnered with Nvidia to deliver full lifecycle protection for large language models through integrations with Nvidia NIM microservices and NeMo Guardrails Safety, extending Falcon’s reach from AI model build phases through runtime deployment. In July, CrowdStrike introduced agentic-AI security tools to the AWS Marketplace, including falcon-mcp, a Model Context Protocol server connecting AI agents to Falcon telemetry and a new AI Red Team Services offering to proactively test AI defenses. CrowdStrike rounded out the quarter with enhancements to Falcon Cloud Runtime Security that included stronger container-escape prevention and expanded protections for Kubernetes and Docker workloads.

CRWD in the second quarter of FY26 has reported the adjusted earnings per share of 93 cents, beating the analysts’ estimates for the adjusted earnings per share of 83 cents. The company had reported the adjusted revenue growth of 21 percent to $1.17 billion in the second quarter of FY26, beating the analysts’ estimates for revenue of $1.15 billion.

For its fiscal 2026 third quarter, CrowdStrike expects adjusted earnings per share of 93 to 95 cents on revenue of $1.208 billion to $1.218 billion. The earnings outlook was ahead of the 91 cents per share expected by analysts, but the revenue outlook fell short of an expected $1.23 billion.

For the full year, the company expects adjusted earnings per share of $3.60 to $3.72 on revenue of $4.76 billion to $4.8 billion. The earnings outlook was ahead of an expected $3.51 per share, while revenue at the midpoint was in line with an expected $4.78 billion.