CrowdStrike reported strong results for its latest financial quarter, but warned that the next few months may not be so rosy as the company continues to grapple with the fallout from the global power outage earlier this year.
In his Results of the second quarter of 2025, The company reported 32% year-over-year revenue growth and GAAP net income of $47 million compared to $8.47 million in the same period last year.
Total revenue for the quarter was $963.9 million and subscription revenue was $918.3 million — up 33% from the same period last year. However, CrowdStrike warned that its next earnings reports could be a bit more challenging.
Current status
The company was at the center of a global Windows outage earlier this year that cost Fortune 500 companies (excluding Microsoft) an estimated $5.4 billion.
The outage occurred on July 19, 2024, in the last two weeks of the quarter, so these latest results do not reflect CrowdStrike’s recent difficulties, meaning the impact will likely be delayed into future financial cycles.
“By working with our customers to recover from the July 19 incident, we have emerged as an even more resilient and customer-focused CrowdStrike and continue to invest aggressively in innovation,” noted George Kurts, CEO and co-founder of Crowdstrike.
“Our second quarter demonstrates the resilience of our company and our platform.”
The Company’s full-year revenue guidance includes an estimated $30 million decrease in subscription revenue in each of the remaining fiscal quarters as a result of the shortfall, as well as an estimated high-single-digit million decrease in professional services revenue in the second half of the fiscal year.
CrowdStrike is also facing other consequences of the incident. Lawsuit by Delta Airlines looming consequences after the power outage cost the airline an estimated $350 to $500 million in revenue.
Microsoft recently announced that it will soon host a major security event with CrowdStrike to release more information about the outage. The event will be the first time the two companies have spoken publicly together about the outage that took millions of devices offline and caused chaos in organizations around the world.
