CrowdStrike
CRWDQ3 2023(CRWD Q2 FY2024)Estimated16% AI
AI Revenue %
16%
AI Fair Value
$7.3B
AI Revenue (Q)
$154.2M
Total Revenue (Q)
$963.9M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Quarter ending Jul 31, 2023. CrowdStrike reports $731.6M total revenue from the manifest. Charlotte AI was announced in May 2023 and began rolling out to customers. However, it was still very early stage and no revenue figures were disclosed. The addition of an explicit generative AI product (Charlotte AI) warrants a slight uptick from the base 15% estimate, but Charlotte AI is a chatbot assistant that supplements the existing platform rather than a major revenue driver at launch. Increasing estimate to 16% to reflect the beginning of explicit AI product offerings alongside the existing AI/ML detection engine.
Analyzed by claude-opus-4-6
Quoted Figures
We took a fundamentally different approach to solve this problem with the CrowdStrike Falcon platform the first, true cloud-native platform.
10-Q for quarter ended July 31, 2023, Item 2 MD&A
AI Products Identified (Ring 1)
Falcon AI/ML threat detection engineCharlotte AI (early stage)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Falcon endpoint securityIdentity protectionCloud workload securityProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix