CrowdStrike & Okta Beat Earnings: 2 Cyber ETFs to Watch

Usually, when investors are investing in a tech stock these days, it’s because the company is well-positioned to benefit from embracing AI. Of course, AI adoption comes in multiple shades, such as new models, cloud computing, and more. However, while AI has created immense opportunities for investors and the global economy, it also contains some nefarious aspects, such as AI agents and AI-driven cyber attacks.Key Takeaways: The cybersecurity sector offers a significant investment opportunity, as the threat of AI agents and cyber attacks continues to rise. Meanwhile, CrowdStrike and Okta both posted impressive earnings results recently, showing that leading companies in the sector are seeing meaningful growth. Advisors and investors can gain exposure to this sector through funds like the Amplify Cybersecurity ETF (HACK) and the First Trust NASDAQ Cybersecurity ETF (CIBR). These concerns are not without merit: A report from CrowdStrike noted that AI-powered cyber attacks increased by 89% in 2025, compared to 2024’s numbers. Tech companies well-positioned to respond to these AI cyber concerns are also in a good position to see immense momentum.CrowdStrike Excels in Latest Earnings ReportSpeaking of CrowdStrike, the company released its 2Q 2027 earnings on August 26, 2026. The cybersecurity giant reported revenue of $1.47 billion, which was 26% higher than what the company saw in 2Q 2026. Both this revenue and its earnings per share soundly outperformed analyst expectations. “The quarter was a sea change for CrowdStrike, and I see these dynamics continuing,” noted George Kurtz, CEO and founder of CrowdStrike, during the company’s latest earnings call. “We are in an arms race. AI is driving more cyber attacks. AI is driving more cyber spending. AI is driving a clear divide between the cybersecurity companies that solve problems and those that compound problems.” See More: AI Theme Still Running Hot as Nvidia Beats Q2 Earnings EstimatesOkta Earnings Cement the Case for CybersecurityCrowdStrike wasn’t the only cybersecurity company that had a great day on August 26. Okta also announced its Q2 2027 earnings on the same day, and likewise showcased immense promise. Okta reported revenue of $805 million for the quarter, which is up 11% from last year’s results. Much like CrowdStrike, Okta also surpassed analyst expectations in terms of both revenue and earnings per share. “As AI agents transform every layer of technology, every agent needs a trusted identity and clear controls over what it can access and do,” said Todd McKinnon, chief executive officer and co-founder of Okta. “As the leading independent and neutral identity provider, Okta helps organizations discover agents, secure their connections, govern their actions, and respond when something goes wrong, giving them the flexibility and control they need to deploy agents safely and at scale.”Tackle Cybersecurity Momentum Through the ETF WrapperThese results — and the rising threat of AI-fueled cyber attacks — help make a good case for cybersecurity sector exposure. Fortunately, there are plenty of ETFs that can provide focused access to these key cybersecurity players, while maintaining exposure to CrowdStrike and Okta. For instance, take a look at the Amplify Cybersecurity ETF (HACK B+). Operating since 2014, HACK uses the Nasdaq ISE Cyber Security Select Index to provide disciplined exposure to companies engaged in a variety of different cybersecurity operations. As of July 31, 2026, the fund’s NAV has risen 33.18% year-to-date. The First Trust NASDAQ Cybersecurity ETF (CIBR A-) has also been posting compelling results. This cybersecurity fund uses the Nasdaq CTA Cybersecurity Index as its benchmark of choice. As of July 31, 2026, CIBR’s NAV has increased 28.81% year-to-date. Both HACK and CIBR hold noticeable positions in CrowdStrike and Okta. That said, they can ride out the momentum these companies are seeing. Meanwhile, the threat of AI agents and cyber attacks will likely not slow down in the coming months. Because of that, these funds are well-positioned to see further growth via broad cybersecurity momentum. As such, they may warrant a closer look. For more news, information, and analysis, visit the Equity ETF Content Hub.