Good morning everyone, and thank you for your participation today. My name is Will Zelver, CrowdStrike's senior director of investor relations. I'm pleased to welcome you to CrowdStrike's 2026 annual meeting of stockholders. Momentarily, CrowdStrike's President, Founder, CEO, and Board Member, George Kurtz, will say a few words. George's remarks and any answers to questions may include forward-looking statements. Actual events and results may differ materially from our expectations. We refer you to our SEC filings, including our most recent filed Form 10-Q for a discussion of risks and factors that could cause our actual results to differ materially from those discussed. We make these statements as of today, June 17th, 2026, and disclaim any duty to update them except as required by law. We released our financial results for the first quarter of fiscal 2027 on June 3rd. You may access those materials, including a replay of the conference call on CrowdStrike's website under investor relations. CrowdStrike's website also includes reconciliations of any non-GAAP financial measures mentioned today to their corresponding GAAP measures. I'll now turn the meeting to George. Good morning and welcome to CrowdStrike's 2026 annual meeting of stockholders. I'm George Kurtz, CrowdStrike's Founder, CEO, and Board Member. I'll be acting as chair of today's meeting. I'd like to provide a few comments before we turn to today's official business. We started our fiscal year in an environment where cybersecurity has dramatically risen in organizational visibility and funding priority, with CrowdStrike now recognized as critical AI infrastructure. New model releases beginning in April further connected AI innovation with cybersecurity necessity, and CrowdStrike was the only cybersecurity company to secure both Anthropic's and OpenAI's launch program from the very start. Highlights from CrowdStrike's Q1 FY 2027 results included net new ARR of $256 million, up 32% year-over-year, and exceeding the high end of our guidance. Ending ARR of $5.51 billion, up 24% year-over-year and accelerating over Q4. Non-GAAP subscription gross margin of 81%, a Q1 record, and up 90 basis points over the prior year. Record free cash flow of $468 million, and a free cash flow rule of 40 of 59, increasing for the fourth consecutive quarter. Continued strong retention rates, and we added over 300 Falcon Flex accounts in Q1, and total accounts that have adopted Flex reached more than $1.9 billion in ending ARR, up 99% year-over-year. It's on the back of our strong Q1 results and the unprecedented market dynamics, we see that we now expect FY 2027 net new ARR growth to accelerate over the prior year. Additionally, given the strength of Q1 and our confidence in what's ahead, we announced CrowdStrike's first stock split as a public company, making CrowdStrike more accessible for investors to join our mission. The AI inflection is now. The need for cybersecurity to defend AI is non-negotiable. CrowdStrike is not only in the right place at the right time, we're the right technology to stop the breach. Thank you again for joining our annual meeting. I will now turn the meeting over to Cathleen Anderson, our Chief Legal Officer and Corporate Secretary, who will conduct the official portion of today's meeting. Thank you, George. The meeting will now come to order. In addition to George, the following members of CrowdStrike's Board of Directors are in attendance on this webcast: Gerhard Watzinger, Roxanne Austin, Johanna Flower, Sameer Gandhi, Denis O'Leary, Laura Schumacher. Also joining me and Will Zelver from CrowdStrike's management team are Michael Sentonas, our President, Burt Podbere, our Chief Financial Officer, J.C. Herrera, our Chief Human Resources Officer, and Kevin Tsai, our Associate General Counsel, who will record the minutes of today's meeting. Steve Mack from PricewaterhouseCoopers, CrowdStrike's independent registered public accounting firm, is also in attendance. Finally, Kathy Weeden, a representative of Broadridge Financial Solutions, is participating on this webcast and will act as the inspector of election for the meeting. She has signed an oath of office, which will be filed with the minutes of this meeting. During the official portion of today's meeting, we will address the meeting proposals described in our definitive proxy statement dated May 5th, 2026. After the proposals have been presented, we will take questions related to the proposals through the Broadridge web portal. You must be logged into the portal as a stockholder to submit a question. Stockholders can enter questions during this webcast using the text box in the meeting portal. The rules of conduct that govern today's meeting and any questions asked can be found in the meeting materials section of the web portal. We ask that you abide by these rules to facilitate an orderly meeting. After the polls are closed, the votes will be tabulated, and we'll adjourn the meeting. The final results will be reported on a Form 8-K filed with the SEC within four business days of this meeting. I have an affidavit of distribution from Joanne Vogel of Broadridge Financial Solutions, our mailing agent, certifying that notice of this meeting was duly given and that a proxy statement or notice of internet availability of proxy materials was mailed to every stockholder of record as of the close of business on the record date, April 24th, 2026. Ms. Weeden has reported that a majority of the total voting power of all shares outstanding and entitled to vote are present online or by proxy at this meeting. With a quorum being present, we will proceed to the official business of the meeting. It is 8:06 A.M. Pacific, and the polls are now open. If you have already submitted a proxy card, voted by telephone, or voted through the internet, and you do not wish to change your vote, you do not need to vote again at today's meeting. Your vote will be cast as you previously instructed. If you have already voted and wish to change your vote, or if you have not yet voted and you wish to cast a vote now, you may cast your vote online if you are logged into the meeting portal as a stockholder. Moving to the proposals, today we are considering four proposals for stockholder approval. The first proposal is the election of directors. Johanna Flower and Denis O'Leary have each been nominated for election as a Class I director to serve a three-year term expiring at the 2029 annual stockholder meeting, or until their respective successors have been duly elected and qualified, or if sooner, until the director's death, resignation, or removal. These nominees are the only persons who have been properly nominated. The vote required to elect these directors is a plurality of the votes of the shares of our capital stock present in person or represented by proxy at the meeting and entitled to vote on the election of directors, which means for the two individuals nominated for election to the board, receiving the highest number of four votes will be elected. Cumulative voting is not permitted. The board unanimously recommends that the stockholders vote for the election of all the nominees. The second proposal is the ratification of the selection of PricewaterhouseCoopers as CrowdStrike's independent registered public accounting firm for the fiscal year ending January 31, 2027. The vote required to approve this proposal is a majority of the votes cast on the matter. The board unanimously recommends that stockholders vote for proposal number two. The third proposal is the approval of an amendment and restatement of our amended and restated certificate of incorporation to limit officer liability as permitted by Delaware law. The vote required to approve this proposal is a majority of the voting power of the outstanding shares of our common stock entitled to vote at this annual meeting. The board unanimously recommends that shareholders vote for proposal number three. The fourth proposal is the ratification on an advisory basis of the super majority voting provisions in our amended and restated certificate of incorporation and amended and restated bylaws. The vote required to approve this proposal on an advisory basis is the majority of the votes cast on the matter. The board unanimously recommends that stockholders vote for proposal number four. These four proposals are the only matters to be voted on at this meeting. We will now review questions before we close the polls. Will, are there any questions pertaining to the proposals? Thank you, Cathleen. At this time, there are no questions. I will now pass it back to Cathleen. With Q&A now concluded, it is approximately 8:09 A.M. Pacific, and the polls are now closed for voting. This concludes the official business of this meeting, and the annual meeting is now adjourned. Thank you for your continued support of CrowdStrike. This concludes today's meeting. Thank you for attending. You may now disconnect, and have a wonderful rest of your day. Goodbye.
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