CrowdStrike pops 11% on record second quarter as 'Mythos moment' drives AI cyber wave

George Kurtz, CEO and founder of CrowdStrike, speaks to the Economic Club of New York in New York City, U.S., Oct. 23, 2025. Brendan McDermid | ReutersCrowdStrike popped more than 11% in extended trading after the cybersecurity company topped Wall Street's fiscal second-quarter estimates and boosted guidance as artificial intelligence threats mount.Earnings per share: 31 cents adjusted vs. 29 cents expectedRevenue: $1.47 billion vs. $1.44 billion expectedRevenue jumped 26% in Q2 from $1.17 billion a year ago, with CEO George Kurtz calling it "the best quarter in CrowdStrike's history" in the earnings release."The Mythos moment translated into mass-market acceptance that AI adoption needs security, and that's CrowdStrike," he said. "Every enterprise will run on AI, and securing it is the largest market opportunity in our history."Annual recurring revenue rose 25% year over year to $5.84 billion, which included record net new annual recurring revenue of $333 million, the company said. Net income totaled $5.3 million, or 1 cent per share, compared to a net loss of $70.2 million, a loss of 7 cents per share, a year ago. Read more CNBC tech newsMeta settles social media addiction case with California, other states for $16.7 billionHP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi techAmazon service Bezos once called 'artificial artificial intelligence' is shutting downOpenAI data center chief Chris Malone is out, the latest in a string of executive exitsAgentic AI is driving demand for security tools to protect companies from proliferating threats. The demand has powered shares of CrowdStrike and its competitors to all-time highs, with the stock up more than 61% this year.CrowdStrike lifted its full-year revenue outlook to between $5.99 billion and $6.01 billion and adjusted earnings per share between $1.25 and $1.26. That topped a $5.93 billion revenue estimate and a $1.23 EPS estimate from analysts.For the third quarter, the company forecasted between $1.52 billion and $1.53 billion in revenue and adjusted EPS of 31 cents per share, which were roughly in line with estimates.Stock Chart IconStock chart iconCrowdStrike stock chart