# Who are CrowdStrike's customers? Who does CrowdStrike earn revenue from?
Canonical: https://valuechain.wiki/crowdstrike · Facet: customers · Updated: 2026-07-12T06:26:03.787+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: CrowdStrike discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

### 기업 (Falcon AI 보안 구독) (high)
- metric: arr $5.3B · FY2026
- note: Falcon AI-native security subscriptions to enterprises (ARR $4.24B, +23%).
- [mentions] Morgan Stanley·consensus (via MarketBeat) (EN, research, published 2026-06-01) https://www.marketbeat.com/stocks/NASDAQ/CRWD/forecast/: "Analyst consensus Buy (43 analysts), average target ~$674; Morgan Stanley Overweight, on record ARR and Falcon platform consolidation."
- [confirms] CrowdStrike (SEC EDGAR) (EN, filing, published 2026-03-05) https://www.sec.gov/Archives/edgar/data/1535527/000153552726000010/crwd-20260131.htm: "Ending ARR $5,252,751K (+24%), $1.0B net new ARR in fiscal 2026; subscription revenue $4,564,683K (95% of revenue); dollar-based net retention 115%."
- [confirms] FinancialContent (EN, research, published 2025-10-06) https://markets.financialcontent.com/wral/article/predictstreet-2025-10-6-crowdstrike-crwd-a-deep-dive-into-the-ai-native-cybersecurity-leader: "Falcon AI-native security subscriptions to enterprises (ARR $4.24B, +23%)."
- [confirms] CrowdStrike (EN, filing, published 2025-03-04) https://ir.crowdstrike.com/news-releases/news-release-details/crowdstrike-reports-fourth-quarter-and-fiscal-year-2025/: "Falcon AI-native security subscriptions to enterprises (ARR $4.24B, +23%)."

### 차세대 SIEM·클라우드·신원 (Falcon Flex) (high)
- metric: arr bundle $1.9B · FY2026
- note: Next-Gen SIEM, cloud and identity modules (combined ARR $1.3B+).
- [confirms] CrowdStrike (SEC EDGAR) (EN, filing, published 2026-03-05) https://www.sec.gov/Archives/edgar/data/1535527/000153552726000010/crwd-20260131.htm: "Falcon delivered 32 cloud modules as of Jan 31, 2026 (33 currently); Cloud Security, Next-Gen SIEM and Next-Gen Identity together exceeded $1.9B ARR, growing 45%+ YoY."
- [confirms] CrowdStrike (EN, filing, published 2025-03-04) https://ir.crowdstrike.com/news-releases/news-release-details/crowdstrike-reports-fourth-quarter-and-fiscal-year-2025/: "Next-Gen SIEM, cloud and identity modules (combined ARR $1.3B+)."

Reverse side: https://valuechain.wiki/crowdstrike/suppliers.md · Ripple: https://valuechain.wiki/crowdstrike/ripple.md

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Full node: https://valuechain.wiki/crowdstrike.md · JSON: https://valuechain.wiki/crowdstrike.json