CrowdStrike (CRWD) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome and introduction of key executives and board members, including the CEO, CFO, and independent auditor.

• Forward-looking statements were noted, with reference to SEC filings for risk factors.

• The agenda included financial performance review, board elections, and shareholder proposals.

Financial performance review

• Q1 FY 2027 net new ARR reached $256 million, up 32% year-over-year, exceeding guidance.

• Ending ARR was $5.51 billion, up 24% year-over-year, with acceleration over Q4.

• Non-GAAP subscription gross margin hit a Q1 record of 81%, up 90 basis points year-over-year.

• Record free cash flow of $468 million, with a free cash flow rule of 40 of 59, increasing for the fourth consecutive quarter.

• Over 300 new Falcon Flex accounts added, with Flex ARR up 99% year-over-year to $1.9 billion.

Board and executive committee updates

• Board members and key executives were introduced, including the President, CFO, and Chief Legal Officer.

• Steve Mack from PricewaterhouseCoopers attended as the independent auditor.