7. CrowdStrike Holdings Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders — 89
Value of Holdings — $4.54 billion
Cybersecurity Demand Lifts Recurring Revenue and Cash Flow
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported fiscal second-quarter 2027 revenue of $1.47 billion, up 26%, with subscription revenue rising 27% to $1.40 billion. Annual recurring revenue reached $5.84 billion, an increase of 25%, including $332.8 million added during the quarter.
The Falcon platform spans endpoint protection, cloud security, identity protection, and security operations. Its breadth creates opportunities to sell additional capabilities to existing customers, although expanding product adoption must ultimately translate into durable revenue and earnings.
Cash generation was a notable strength. Operating cash flow totaled $530.3 million, and free cash flow reached $377.4 million. GAAP net income was $5.3 million, while the business recorded a $33.2 million GAAP operating loss. Non-GAAP operating income was substantially higher at $371.6 million.
The results support a case built around recurring demand and cash conversion, but adjusted profitability should not obscure reported operating costs. The earnings release also continued to identify risks associated with the July 2024 service disruption, keeping reliability and customer trust relevant to the outlook.
Ranking Rationale
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) ranks seventh with 89 hedge fund holders. It shares that count with the sixth-place entry, but its $4.54 billion combined stake is smaller, putting it lower under the stated tie-breaker.
