Strategy Inc (TSX:MSTR)
Canada flag Canada · Delayed Price · Currency is CAD
9.61
-0.23 (-2.34%)
Oct 29, 2026, 3:59 PM EDT

Strategy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
498.35477.23463.46496.26499.26510.76
Revenue Growth
7.79%2.97%-6.61%-0.60%-2.25%6.25%
Gross Profit
336.89327.82333.99386.32396.28418.85
Operating Income
-36,356-5,444-1,853-115.05-1,276-784.53
Net Income
-31,367-4,230-1,167429.12-1,470-535.48
Earnings Per Share
-99.30-15.23-6.062.64-12.98-5.34
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Product Licenses
20.8539.6748.5775.3586.5101.8
Subscription Services
242.09175.66106.7881.1860.7543.07
Product Support
170.61204.23243.81263.89266.52281.21
Other Services
61.5357.6864.3175.8485.584.68
Revenue (Total)
495.08477.23463.46496.26499.26510.76

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2,4482,30138.1246.8243.8463.36
Total Debt
6,7718,2487,2582,2542,4462,232
Net Cash (Debt)
-4,323-5,946-7,220-2,207-2,403-2,168
Net Cash Growth
------
Net Cash Per Share
-13.66-21.42-37.50-13.32-21.22-21.64

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-20.09-67.24-53.0312.713.2193.83
Capital Expenditures
-21.1-45.21-13.48-2.94-2.49-2.71
Free Cash Flow
-41.19-112.45-66.519.770.7391.13
Free Cash Flow Growth
---1248.14%-99.20%82.37%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
67.60%68.69%72.06%77.85%79.37%82.01%
Operating Margin
-7295.39%-1140.82%-399.82%-23.18%-255.53%-153.60%
Pretax Margin
-7278.64%-1157.92%-417.37%-25.09%-264.88%-158.86%
Profit Margin
-6294.24%-886.26%-251.73%86.47%-294.39%-104.84%
FCF Margin
-8.27%-23.56%-14.35%1.97%0.14%17.84%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---23.02--
P/FCF Ratio
---1010.502210.0063.61
PS Ratio
110.6196.31153.3919.903.2111.35