CrowdStrike (CRWD) shares fell in extended trading Tuesday after the company issued an earnings forecast that fell short of analysts’ expectations.
The cybersecurity company said it anticipates adjusted net income of $851.2 million to $883 million or $3.33 to $3.45 per share in fiscal 2026, well below the analyst consensus of 1.1 billion, or $4.23 per share, compiled by Visible Alpha.
In the fourth quarter, CrowdStrike saw revenue grow 25% year-over-year to $1.06 billion, just above analysts’ estimates. Adjusted earnings of $260.9 million, or $1.03 per share, rose from $236.2 million, or 95 cents per share, a year earlier and beat expectations.
“As businesses of all sizes rapidly adopt AI, stopping the breach necessitates cybersecurity’s AI-native platform,” CEO George Kurtz said in a release, adding, “we are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses.”
CrowdStrike shares fell more than 6% in after-hours trading Tuesday following the release. They’ve gained about 14% since the start of the year through the closing bell, after hitting a record high last month.
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