# CrowdStrike sinks despite beating revenue and earnings for Q1, boosting guidance > Source: > Published: 2026-06-03 20:20:47+00:00 # CrowdStrike sinks despite beating revenue and earnings for Q1, boosting guidance [CrowdStrike](https://robinhood.com/us/en/stocks/CRWD/?source=sherwood) edged past analysts’ estimates for revenue and earnings in its fiscal first quarter. For FY 2027 Q1, the cybersecurity platform posted: Revenues of $1.39 billion (estimate: $1.36 billion). Adjusted earnings per share of $1.10 (estimate: $1.07). Annual recurring revenue was $5.51 billion, beating analyst estimates of $5.50 billion.Subscription revenue was $1.32 billion, up 26% year on year. The company also boosted its annual guidance for revenue and adjusted EPS, and it announced a four-for-one stock split. Still, shares, which had surged some 60% over the past month, fell 8.2% after hours. Since Anthropic’s announcement of its forthcoming [Mythos](https://sherwood.news/tech/anthropic-our-new-mythos-model-is-so-powerful-we-cant-release-it/) model, the cybersecurity industry is [bracing](https://www.wsj.com/tech/ai/ai-is-finding-bugs-that-hackers-can-exploit-get-ready-for-bugmageddon-baaff236?utm_source=chatgpt.com) for an explosion in vulnerabilities that may be discovered using such advanced AI models. In a press release, CrowdStrike CEO George Kurtz said: “In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment. CrowdStrike is AI security infrastructure, critical to successful AI adoption.”