CrowdStrike and Marvell Technology Post Strong Q3 Fiscal 2026 Results
San Jose, Wednesday, 3 December 2025.
CrowdStrike reports a 73% rise in net new ARR, while Marvell Technology records a 37% revenue increase, highlighting robust growth in the tech sector amid economic challenges.
CrowdStrike’s Financial Performance
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) reported a GAAP operating loss of $69.4 million for the third quarter of fiscal year 2026, which is an increase from the $55.7 million loss recorded in Q3 of fiscal 2025. Despite the operating loss, the company achieved a record net new annual recurring revenue (ARR) of $265 million, marking a 73% year-over-year growth. Ending ARR reached $4.92 billion, up 23% from the previous year. The company also reported a record cash flow from operations of $398 million and free cash flow of $296 million [1].
Marvell Technology’s Revenue Surge
Marvell Technology, Inc. (Nasdaq: MRVL) reported its third-quarter results with a record net revenue of $2.075 billion, reflecting a 37% year-on-year increase. The company achieved GAAP gross margins of 51.6% and non-GAAP gross margins of 59.7%. This growth was primarily driven by strong demand for their data center products [2]. Marvell’s CEO, Matt Murphy, highlighted the company’s robust performance, attributing it to the strategic focus on data center and custom solutions, which are expected to propel future revenue growth [3].
Strategic Developments and Future Outlook
Both CrowdStrike and Marvell Technology have outlined optimistic future outlooks. CrowdStrike has increased its fiscal year 2026 guidance, expecting at least a 50% year-over-year growth in net new ARR for the second half of fiscal year 2026. The company has also announced new product offerings and partnerships to enhance its market position [1]. On the other hand, Marvell Technology’s future outlook includes a net revenue expectation of approximately $2.2 billion for the fourth quarter of fiscal 2026, with continued focus on expanding its AI and custom chip segments [3][4].
Impact on the Technology Sector
The financial performances of CrowdStrike and Marvell Technology underscore significant growth in the technology sector, even amidst ongoing economic fluctuations. The robust ARR growth reported by CrowdStrike highlights its strong market position in cybersecurity, while Marvell’s impressive revenue figures reflect the increasing demand for data center and AI-related products. These results are likely to influence investor sentiment positively, reinforcing confidence in the resilience of the technology sector [1][2][3].