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CrowdStrike ARR growth accelerates for a fourth straight quarter as valuation reaches a record premium

8/31/2026

A fourth consecutive quarter of accelerating annual recurring revenue drove CrowdStrike (NASDAQ: CRWD) to a record closing high of $227.96 on Thursday, Aug.

27, after the company reported fiscal Q2 2027 results the prior evening.

Total ARR reached $5.84 billion, up 25% year-over-year, and management increased its full-year ARR guidance midpoint by $64 million to $6.607 billion.

The stock has returned 94% in 2026 against a 13% gain for the S&P 500, and at a price-to-sales ratio of 43.5, valuation is now the question the print creates.

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