What You Need To Know Ahead of CrowdStrike’s Earnings Report

Key Metrics: Outage Impact on Full-Year Outlook

CrowdStrike could update its fiscal 2025 revenue guidance, giving investors greater insight into the near-term impact of the July global outage on sales.

Citi analysts said that CrowdStrike won’t come out of the incident “unscathed” given higher discounts, lower negotiating leverage, and litigation costs it now faces. However, the analysts did say that they believe the company “can gradually overcome unavoidable headwinds” in the long term.

Analysts expect the full-year fiscal 2025 revenue outlook to be about $3.96 billion, according to consensus estimates compiled by Visible Alpha, which would be slightly below the low end of the company’s previously provided guidance of between $3.98 billion and $4.01 billion, issued in early June before the global outage.

Business Spotlight: Post-Outage Litigation Efforts

CrowdStrike could face legal action from customers affected by the outage, with some estimates indicating it could cost the affected companies several billion dollars in losses.

Delta Air Lines (DAL), which said the incident cost the airline at least $500 million, has threatened legal action against CrowdStrike. However, the cybersecurity company and Microsoft (MSFT) have disputed Delta’s claims on how the events unfolded.

CrowdStrike may provide updates about the potential litigation and its expectations for legal costs when it reports earnings Aug. 28.

CrowdStrike shares have gained about 7% since the start of the year, at $273.21 as of Wednesday’s close.