CrowdStrike Holdings, Inc. reports cybersecurity product, platform, partner and financial developments tied to its cloud-native Falcon platform. The company’s updates commonly cover endpoint and cloud workload protection, identity and data security, threat intelligence, adversary research, automated detection and response, managed threat hunting, and AI-driven security capabilities delivered through the CrowdStrike Security Cloud.
Recurring announcements also address Falcon platform integrations, Project QuiltWorks activity around frontier AI risk, partner ecosystem programs, security conferences and research events, corporate recognition, alliance leadership, and scheduled earnings communications. The company’s news flow centers on how its Falcon architecture, threat-hunting services and partner channels support enterprise security operations.
CrowdStrike (NASDAQ: CRWD) has been named a Leader in the 2024 Frost Radar™: Cloud-Native Application Protection Platforms (CNAPP) for the third consecutive year. The company was recognized for its innovation and growth in delivering unified cloud security through its Falcon® Cloud Security platform.
The platform provides comprehensive code-to-cloud protection, combining advanced cloud detection and response (CDR) capabilities with CNAPP functionality. Frost & Sullivan highlighted CrowdStrike's excellent capabilities in addressing modern cloud security challenges, noting its advanced runtime protection, extensive platform support, and seamless integration with XDR and MDR services.
The report emphasized CrowdStrike's consistent performance and tremendous growth over the past four years, positioning it as one of the fastest-growing players in the industry.
CrowdStrike (CRWD) announced an expanded integration with Amazon Web Services (AWS) to enhance security for AI innovation in the cloud. The company introduced new capabilities including AI container scanning and enhanced Amazon SageMaker support within Falcon® Cloud Security, focusing on protecting AI workloads, models, and sensitive data from risks like tampering and data poisoning.
The integration includes new features for AI Security Posture Management, Falcon Data Protection, and AI Red Team Services. CrowdStrike has also integrated Falcon® Identity Protection with AWS IAM Identity Center, providing a unified view of identities and advanced threat detection for cloud-based identity attacks.
CrowdStrike (CRWD) has been named the AWS 2024 Global Security Partner of the Year, along with winning AWS North America Marketplace Partner of the Year and AWS LATAM Public Sector Technology Partner of the Year awards. The recognition highlights CrowdStrike's partnership with AWS in technology and go-to-market strategies. CrowdStrike became the first cybersecurity ISV founded for the cloud to exceed $1 billion of software sales through AWS Marketplace. AWS uses CrowdStrike's Falcon platform to protect its infrastructure and customers. The company was also named as a finalist in seven additional AWS Partner of the Year Award categories.
CrowdStrike (CRWD) reported strong Q3 FY2025 results, achieving significant milestones with total revenue reaching $1.01 billion, up 29% year-over-year, and Annual Recurring Revenue (ARR) growing 27% to $4.02 billion. The company generated $326.1 million in operating cash flow and $230.6 million in free cash flow. Subscription revenue increased 31% to $962.7 million, maintaining a non-GAAP subscription gross margin of 80%. Module adoption rates showed strong growth, with 66% of customers using five or more modules. The company reported a GAAP net loss of $16.8 million but achieved non-GAAP net income of $234.3 million.
CrowdStrike (CRWD) has expanded its distribution partnership with Ignition Technology to bring the Falcon cybersecurity platform to Ireland, following successful collaboration in the UK and Nordics where they achieved over 85% year-over-year growth in regional partner business. The expansion, announced at Fal.Con Europe, aims to drive customer demand for cybersecurity transformation and vendor consolidation. Ignition will leverage its go-to-market strategy and channel development expertise to deliver CrowdStrike's AI-native protection solutions across Irish enterprises.
CrowdStrike (NASDAQ: CRWD) has launched AI Red Team Services to enhance security for AI systems and Large Language Models (LLMs). The service aims to protect organizations against emerging threats like model tampering, data poisoning, and sensitive data exposure. Key features include proactive AI defense aligned with OWASP Top 10 LLM attack techniques, real-world adversarial emulations, and comprehensive security validation. The service provides security assessments to identify vulnerabilities and misconfigurations that could lead to data breaches, unauthorized code execution, or application manipulation.
CrowdStrike (NASDAQ: CRWD) announced the acquisition of Adaptive Shield, a leader in SaaS Security. This strategic move will make CrowdStrike the only cybersecurity vendor providing unified protection against identity-based attacks across the entire modern cloud ecosystem. The integration will deliver comprehensive SaaS Security Posture Management across 150+ applications, GenAI application security control, and unified hybrid identity and cloud security. The acquisition comes as cloud exploitation cases grew by 110% last year, with 75% of attacks being malware-free. The purchase will be paid predominantly in cash with a portion in stock, expected to close during CrowdStrike's fiscal fourth quarter.
CrowdStrike announced it will release its fiscal third quarter 2025 financial results on Tuesday, November 26, 2024, after U.S. market close. The company will host a conference call at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. A live webcast and audio replay will be available on CrowdStrike's investor relations website, with the replay accessible for one year.
CrowdStrike has been named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), achieving perfect 5/5 scores in key areas including API Security, Security Automation, Threat Hunting, Scalability, Cost, and Compliance. The company's Falcon® Cloud Security platform provides comprehensive protection for cloud infrastructure, applications, data, and AI models through a unified platform. This recognition comes as cloud exploitation cases increased by 110% over the past year. The platform differentiates itself through consolidated code-to-cloud protection, advanced runtime protection, and complete hybrid cloud security capabilities.
CrowdStrike (CRWD) has achieved the highest scores among evaluated vendors for Core Endpoint Protection and Managed Security Services Use Cases in the 2024 Gartner Critical Capabilities for Endpoint Protection Platforms report. This marks the second consecutive time the company has led in these categories. The company's Falcon cybersecurity platform, powered by AI-native endpoint protection, introduces innovative features like CrowdStrike Signal for detecting and protecting against evolving threats. The platform is enhanced by Falcon Complete MDR services, offering comprehensive protection. CrowdStrike was also named a Leader in the 2024 Gartner Magic Quadrant for EPP for the fifth consecutive time and received a 99% Willingness to Recommend score in the 2024 Gartner Peer Insights report.