CrowdStrike's annual recurring revenue reached $5.84 billion in the second quarter, a 25 percent increase from the year-ago period, according to the company's SEC filing for the quarter ended July 31.
Net new ARR, a measure of revenue added during the period, hit a record $333 million, up 51 percent year-over-year. The cybersecurity software vendor added that 280 customers with ARR greater than $1 million, an increase of 90 customers in the same quarter last year.
CrowdStrike, which sells endpoint detection and response software alongside identity and access management tools, has grown steadily since its 2021 initial public offering. The company trades on the Nasdaq under the ticker CRWD. Its customer base spans Fortune 500 firms, government agencies, and mid-market enterprises across financial services, healthcare, technology and other verticals.
The 25 percent ARR growth rate places CrowdStrike among the faster-expanding enterprise software vendors in the current market cycle. For comparison, competitors in the cloud security and endpoint detection space typically report annual growth rates in the 15 to 25 percent range, though CrowdStrike's net new ARR acceleration to 51 percent year-over-year outpaces many peers in absolute terms.
The company's large-customer expansion is visible in the 90-customer increase at the $1 million ARR threshold. Customers with higher ARR tend to have lower churn and provide more stable revenue streams.
CrowdStrike's record net new ARR of $333 million in a single quarter represents a pace that, if sustained, would add roughly $1.3 billion in annual revenue within 12 months. The company's total ARR base of $5.84 billion means that net new bookings now represent about 5.7 percent quarterly growth in the installed base measured by recurring revenue.
The filing marks the company's latest quarterly update since August 2026. The number to watch next is whether CrowdStrike sustains this net new ARR in Q3 or sees the rate moderate as the fiscal year progresses.
