Strategy Inc (MSTR)
NASDAQ: MSTR · Real-Time Price · USD
125.64
-3.30 (-2.56%)
At close: Nov 9, 2026, 4:00 PM EST
126.69
+1.05 (0.84%)
After-hours: Nov 9, 2026, 5:49 PM EST
Strategy Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 495.08 | 477.23 | 463.46 | 496.26 | 499.26 | 510.76 |
Revenue Growth | 4.24% | 2.97% | -6.61% | -0.60% | -2.25% | 6.25% |
Gross Profit Gross Profit Growth | 335.84 | 327.82 | 333.99 | 386.32 | 396.28 | 418.85 |
Operating Income Operating Income Growth | -5,447 | -5,444 | -1,853 | -115.05 | -1,276 | -784.53 |
Net Income Net Income Growth | -14,894 | -4,230 | -1,167 | 429.12 | -1,470 | -535.48 |
Earnings Per Share EPS Growth | -44.39 | -15.23 | -6.06 | 2.64 | -12.98 | -5.34 |
EPS Growth | - | - | - | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Product Licenses Product Licenses Growth | 20.85 | 39.67 | 48.57 | 75.35 | 86.5 | 101.8 |
Subscription Services Subscription Services Growth | 242.09 | 175.66 | 106.78 | 81.18 | 60.75 | 43.07 |
Product Support Product Support Growth | 170.61 | 204.23 | 243.81 | 263.89 | 266.52 | 281.21 |
Other Services Other Services Growth | 61.53 | 57.68 | 64.31 | 75.84 | 85.5 | 84.68 |
Revenue (Total) Revenue (Total) Growth | 495.08 | 477.23 | 463.46 | 496.26 | 499.26 | 510.76 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 5,906 | 2,301 | 38.12 | 46.82 | 43.84 | 63.36 |
Total Debt Total Debt Growth | 6,776 | 8,248 | 7,258 | 2,254 | 2,446 | 2,232 |
Net Cash (Debt) Net Cash Growth | -870.31 | -5,946 | -7,220 | -2,207 | -2,403 | -2,168 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -2.59 | -21.42 | -37.50 | -13.32 | -21.22 | -21.64 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -7.36 | -67.24 | -53.03 | 12.71 | 3.21 | 93.83 |
Capital Expenditures CapEx Growth | -13.77 | -45.21 | -13.48 | -2.94 | -2.49 | -2.71 |
Free Cash Flow Free Cash Flow Growth | -21.13 | -112.45 | -66.51 | 9.77 | 0.73 | 91.13 |
Free Cash Flow Growth | - | - | - | 1248.14% | -99.20% | 82.37% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 67.84% | 68.69% | 72.06% | 77.85% | 79.37% | 82.01% |
Operating Margin | -1100.13% | -1140.82% | -399.82% | -23.18% | -255.53% | -153.60% |
Pretax Margin | -3878.51% | -1157.92% | -417.37% | -25.09% | -264.88% | -158.86% |
Profit Margin | -3008.29% | -886.26% | -251.73% | 86.47% | -294.39% | -104.84% |
FCF Margin | -4.27% | -23.56% | -14.35% | 1.97% | 0.14% | 17.84% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | - | - | - | 23.02 | - | - |
Forward PE | 10.38 | 6.30 | 289.46 | 73.68 | 41.37 | 92.32 |
P/FCF Ratio | - | - | - | 1010.50 | 2210.00 | 63.61 |
PS Ratio | 106.95 | 96.31 | 153.39 | 19.90 | 3.21 | 11.35 |