Strategy Inc (MSTR)
NASDAQ: MSTR · Real-Time Price · USD
97.74
+4.41 (4.73%)
At close: Jul 30, 2026, 4:00 PM EDT
97.75
+0.01 (0.01%)
After-hours: Jul 30, 2026, 7:59 PM EDT
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 | Jun '26 Jun 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 | 498.35 | 477.23 | 463.46 | 496.26 | 499.26 | 510.76 |
Revenue Growth | 7.79% | 2.97% | -6.61% | -0.60% | -2.25% | 6.25% |
Gross Profit Gross Profit Growth | 336.89 | 327.82 | 333.99 | 386.32 | 396.28 | 418.85 |
Operating Income Operating Income Growth | -36,356 | -5,444 | -1,853 | -115.05 | -1,276 | -784.53 |
Net Income Net Income Growth | -31,367 | -4,230 | -1,167 | 429.12 | -1,470 | -535.48 |
Earnings Per Share EPS Growth | -97.21 | -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 | Jun '26 Jun 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 | 34.4 | 39.67 | 48.57 | 75.35 | 86.5 | 101.8 |
Subscription Services Subscription Services Growth | 219.47 | 175.66 | 106.78 | 81.18 | 60.75 | 43.07 |
Product Support Product Support Growth | 184.05 | 204.23 | 243.81 | 263.89 | 266.52 | 281.21 |
Other Services Other Services Growth | 60.44 | 57.68 | 64.31 | 75.84 | 85.5 | 84.68 |
Revenue (Total) Revenue (Total) Growth | 498.35 | 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 | Jun '26 Jun 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 | 2,450 | 2,303 | 39.9 | 48.67 | 50.87 | 64.43 |
Total Debt Total Debt Growth | 6,771 | 8,236 | 7,248 | 2,244 | 2,446 | 2,232 |
Net Cash (Debt) Net Cash Growth | -4,321 | -5,933 | -7,208 | -2,195 | -2,395 | -2,167 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -13.34 | -21.37 | -37.44 | -13.25 | -21.16 | -21.63 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | -50.86 | -67.24 | -53.03 | 12.71 | 3.21 | 93.83 |
Capital Expenditures CapEx Growth | -37.43 | -45.21 | -13.48 | -2.94 | -2.49 | -2.71 |
Free Cash Flow Free Cash Flow Growth | -88.29 | -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 | Jun '26 Jun 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 | 67.60% | 68.69% | 72.06% | 77.85% | 79.37% | 82.01% |
Operating Margin | -7295.38% | -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 | -6102.96% | -806.35% | -251.73% | 86.47% | -294.39% | -104.84% |
FCF Margin | 0.00% | -23.56% | -14.35% | 1.97% | 0.15% | 17.84% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 31, 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 | - | - | - | 23.92 | - | - |
Forward PE | 2.88 | 6.30 | 289.46 | 73.68 | 41.37 | 92.32 |
P/FCF Ratio | - | - | - | 1090.02 | 2255.64 | 67.44 |
PS Ratio | 71.50 | 99.36 | 153.59 | 21.47 | 3.28 | 12.03 |