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CrowdStrike Q3 results beat expectations, revenue topping $1B

CrowdStrike (CRWD) announces third quarter results for its fiscal year 2025 with revenue at $1.01 billion and adjusted earnings per share of $0.93, both growing year-over-year and coming in ahead of estimates on both fronts. The cybersecurity company's fourth quarter forecast was weaker than expected, sending the stock lower in after-hours trading immediately after the release. The company reported that during the third quarter, it surpassed $4 billion in its annual run rate based on customer subscriptions. CrowdStrike CEO George Kurtz says the company has over 97% gross retention rates as "customers remain committed to the technological superiority of the Falcon platform and the benefits of cybersecurity consolidation." Julie Hyman and Josh Lipton break down the earnings figures from the report. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan.