Anchor
CrowdStrike posts record cash flow in first results since 2024 outage
Money MovesNearly two years after a faulty update crashed 8.5 million computers, the security firm reports record cash flow and announces a 4-for-1 stock split
June 3rd, 2026: Record cash flow and a 4-for-1 splitNew here? Follow stories to track developments over time. Create a free account to get updates when stories you care about change.
Overview
Updated Jun 4In July 2024, one bad CrowdStrike update crashed 8.5 million Windows computers and wiped a third off the company's market value. On June 3, 2026, the company reported record quarterly cash flow and announced its first-ever stock split, a 4-for-1 ratio.
Revenue rose 26% to $1.39 billion and free cash flow hit a record $468 million, but billings came in below Wall Street's target. The miss knocked shares down about 10% in after-hours trading. The same day, CrowdStrike named former NVIDIA engineer Dr. Bartley Richardson as its first Chief AI and Autonomous Systems Officer.
Why it matters
CrowdStrike protects the laptops, banks, and airlines you rely on. Its recovery shows whether one catastrophic failure can sink a security vendor, or not.
Questions about this story
Free account needed to ask — your question is kept and asked for you right after sign-up. Answers are public.
No questions yet — be the first to ask.
Key Indicators
$1.39B
Quarterly revenue
Up about 26% from the same quarter a year earlier.
$468M
Free cash flow
A company record for a single quarter.
$256M
Net new annual recurring revenue
Record value of newly signed subscriptions, up 32% year over year.
$5.5B
Total recurring revenue
Annual value of all active subscriptions, up 24%.
4-for-1
Stock split ratio
Holders get three extra shares per share; split-adjusted trading starts July 2, 2026.
Related Media
George Kurtz
Boise Airport 2024 CrowdStrike Issue
CrowdStrike BSOD at LGA
140 views
17:38
CRWD Stock Hit a New 52-Week High — CrowdStrike Up ...
Market Insights & Finance
10.9K views
4:06
CrowdStrike shares plummet after earnings despite beat
CNBC Television
9.4K views
14:54
When Big Companies Cut Corners: The CrowdStrike Failure
Coding with Dee
Images from Openverse under Creative Commons licenses. Videos from YouTube.
Voices
Curated perspectives — historical figures and your fellow readers.
Play
Exploring all sides of a story is often best achieved with Play.
Most of these play right now — no account needed. Sign up to save scores, keep a streak, and unlock Debate and Predict.
Log in
Sign Up
Higher or Lower
A number from this story, against one from elsewhere in the news — guess which is bigger, then keep the chain going. 5 rounds, 3 strikes; a miss costs a strike and resets your streak.
Example
Anchor
EU tariff revenue
$52B
Big for this kind of number
Mystery
Pentagon AI contract
?
Round 1
Streak: 0
Mystery
?
Keyboard: ↓/L lower · ↑/H higher
0 pts
Best streak: 0 · Rounds: 0
0 points — sign up to put that on the leaderboard.
Now try on this story
Timeline
CrowdStrike posts record cash flow in first results since 2024 outage
Order five events from this story, oldest at top. Each in the right slot scores 1 — neighbours within one slot count too. Your previous result — green ✓ for exact slots, yellow ~ for off by one. Cards now in true chronological order.
Loading puzzle…
Tap 💡 Free hint to lock the oldest into slot 1 — that leaves just four to order. Type pills are clues.
0/5
Exact slot
0/5
Within 1
Sign up to save your score and track a streak across stories.
Now try on this story
Connections
Sixteen names from the news. Find the four hidden groups of four. Four mistakes max.
Loading today's puzzle…
0/4 groups
Mistakes
Sign up to keep a daily streak — a new puzzle lands every day.
Now try on this story
Exit debate?
Your progress in this debate will be lost.
How it works
- 1 Two AI personas square off on this story.
- 2 You predict who'll win each round — correct picks earn XP.
- 3 One crossfire question is yours to fire. Pick it carefully.
Couldn't generate a topic
Select Your Champions
Choose one persona for each side of the debate
DEBATE TOPIC
Choose personas with different perspectives for a more dynamic debate.
SIDE A (PRO)
Select debater for this side:
No debate personas available right now.
SIDE B (CON)
Select debater for this side:
No debate personas available right now.
VS
Get ready to make your prediction...
Round of
Claim
Evidence
Stakes
Crossfire Answer
Closing Statement
Claim
Evidence
Stakes
Crossfire Answer
Closing Statement
Your Crossfire Question
Generating arguments...
Who's Got This Round?
Make your prediction before the referee scores
The referee scores both sides on
Correct predictions earn +20 XP
· Press 1 or 2 to pick
Evidence
40%
Logic
30%
Detail
20%
Style
10%
Round Results
Your Pick
Not this time
(%)
Overall Score
/10
Your Pick
Not this time
(%)
Overall Score
/10
Set the Crossfire
Pick the question both personas must answer in the final round
Crafting crossfire questions...
Choosing a question earns +10 XP crossfire bonus
🏆
Total XP Earned
Cred Change
Predictions
Debate Oracle! You called every round!
Sharp Instincts! You know your debaters!
The Coin Flip Strategist! Perfectly balanced!
The Contrarian! Bold predictions!
Inverse Genius! Try betting the opposite next time!
XP Breakdown
Base completion
+20 XP
Rounds played ( rounds x 5 XP)
+ XP
Correct predictions ( correct x 20 XP)
+ XP
Crossfire bonus
+10 XP
Accuracy
%
Prediction History
Round
You picked:
✓
✗
Now try on this story
Keep debating to level up your credibility and unlock achievements
People Involved
Organizations Involved
CrowdStrike Holdings, Inc.
Cybersecurity company (Nasdaq: CRWD)
Reporting record cash flow; defending Delta lawsuit
A cloud-based cybersecurity firm whose Falcon platform protects computers and servers for businesses worldwide.
Delta Air Lines
Airline (plaintiff)
Suing CrowdStrike in Georgia state court
The airline hit hardest by the outage, which canceled 7,000 of its flights and disrupted 1.3 million passengers.
Timeline
July 2024 June 2026
7 events
Latest: June 3rd, 2026 · 3 months ago
Tap a bar to jump to that date
-
Record cash flow and a 4-for-1 split
Latest EarningsCrowdStrike reports revenue up about 26% to $1.39 billion and record free cash flow of $468 million, and announces a 4-for-1 stock split. Shares fall after hours on cautious guidance.
-
Richardson named first Chief AI and Autonomous Systems Officer
LeadershipCrowdStrike hired Dr. Bartley Richardson from NVIDIA, where he led engineering for agentic AI and cybersecurity AI, to fill a newly created C-suite role overseeing the company's AI strategy.
-
Stock reaches record high
MarketCrowdStrike closes at an all-time high near $619 as enterprise security spending stays strong.
-
Outage still weighs on guidance
EarningsA year after the incident, CrowdStrike shares dip about 6% as the company cites lingering revenue effects from post-outage customer deals.
-
Delta and CrowdStrike sue each other
LegalDelta sues CrowdStrike in Georgia over canceled flights. CrowdStrike countersues, blaming Delta's own outdated systems for the slow recovery.
-
Shares hit post-outage low
MarketCrowdStrike stock falls to about $218, down from $343 the day before the outage, erasing more than $30 billion in market value.
-
Faulty update crashes millions of computers
IncidentA defective CrowdStrike Falcon update crashes an estimated 8.5 million Windows devices worldwide, grounding flights and disrupting hospitals, banks, and broadcasters.
Historical Context
3 moments from history that rhyme with this story — and how they unfolded.
1994–1995
Intel's Pentium floating-point bug (1994)
A flaw in Intel's Pentium chip produced rare math errors. Intel first downplayed it, then faced public anger and took a $475 million charge to replace chips for any customer who asked.
Then
Intel's reputation took a sharp hit and the charge dented its earnings.
Now
Intel kept its market lead and the episode became a textbook case in handling a product defect.
Why this matters now
Like CrowdStrike, Intel showed that a single widely felt technical failure need not be fatal if the core product stays dominant and customers stay.
September 2017
Equifax data breach (2017)
Hackers exposed personal data of about 147 million people. Equifax's stock dropped roughly a third, its CEO resigned, and it later agreed to a settlement of up to $700 million.
Then
Shares fell hard and executives departed amid public outrage.
Now
Equifax recovered its share price within about two years and kept operating.
Why this matters now
A close parallel on timing: a security firm's stock can erase a major shock within roughly two years, which is about CrowdStrike's pace.
March 2019 onward
Boeing 737 MAX groundings (2019)
After two crashes killed 346 people, regulators grounded Boeing's best-selling jet worldwide. The company faced lawsuits, criminal scrutiny, and billions in costs.
Then
Boeing lost orders and its stock fell sharply during the grounding.
Now
The jet returned to service, but legal and safety questions trailed Boeing for years.
Why this matters now
It shows the other path: when a failure causes physical harm and litigation drags on, recovery is slower and messier than a software vendor's rebound.
Sources
(11)Related Stories
SpaceX buys AI coding startup Cursor in $60 billion stock deal
Money Moves
Updated Aug 31
TRM Labs doubles valuation to $2 billion in expanded Series C
Money Moves
Updated Yesterday
Boeing charts path back to positive cash flow after seven-year slump
Money Moves
Updated May 31
Mach Industries doubles valuation in three months with $600M defense round
Money Moves
Updated 7 hours ago
ServiceNow’s 5-for-1 stock split hits its record date, setting up a lower-priced ‘reset’ for trading
Money Moves
Updated May 15
NinjaOne doubles to $12.3 billion valuation in secondary-heavy funding round
Money Moves
Updated Jun 9