ETFs & Funds
Home›ETFs & Funds›ETFs›CrowdStrike and Okta results bolster case for cyber ET…
CrowdStrike and Okta results bolster case for cyber ETF exposure
CrowdStrike said second-quarter revenue rose 26% year over year to $1.47 billion, while Okta reported $805 million in revenue, up 11%, both topping analyst expectations.
AI is reshaping cybersecurity demand, but it is also increasing the risk of AI driven intrusions, according to a discussion drawing on CrowdStrike data cited by ETF Trends. The outlet points to a CrowdStrike report that AI powered cyber attacks rose by 89% in 2025 versus 2024, highlighting why investors may seek targeted exposure to companies positioned to address those threats through technology and controls.
ETF Trends also highlights operating results from the cybersecurity sector, noting that CrowdStrike released its 2Q 2027 earnings on August 26, 2026. The company reported revenue of $1.47 billion, up 26% year over year, and it beat analyst expectations on both revenue and earnings per share, with CEO George Kurtz describing the quarter as a turning point driven by AI fueled cyber attacks and cyber spending.
On the same day, ETF Trends says Okta announced its Q2 2027 earnings, reporting revenue of $805 million, up 11% from the prior year period. The outlet adds that Okta also surpassed analyst expectations for revenue and earnings per share, with CEO Todd McKinnon arguing that as AI agents spread across technology, organizations need trusted identity and clear controls over what those agents can access and do.
With both companies posting results above expectations alongside rising AI driven cyber risk, ETF Trends argues there is a case for cybersecurity sector exposure through focused ETFs. The piece frames AI driven security spending and identity governance as potential demand tailwinds for investors using ETF wrappers to access the theme.