CrowdStrike

CrowdStrike’s model is highly recurring, with subscription revenue around 95 percent of total and ARR at 4.66 billion dollars in Q2 FY26. Gross retention runs near 97 percent and dollar‑based net retention was cited at about 112 percent in Q4 FY25 commentary.

TTM revenue across Q3 FY25 to Q2 FY26 approximates 4.34 billion dollars, with TTM free cash flow around 1.03 billion dollars, providing visibility. Macro budget cycles and competitive bake‑offs inject some variability, but the base remains resilient and diversified across regions and verticals.