Strategy Inc (MSTR)
NASDAQ: MSTR · Real-Time Price · USD
104.25
+11.73 (12.68%)
At close: Aug 19, 2026, 4:00 PM EDT
108.07
+3.82 (3.66%)
After-hours: Aug 19, 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 | -99.30 | -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 | 2,448 | 2,301 | 38.12 | 46.82 | 43.84 | 63.36 |
Total Debt Total Debt Growth | 6,771 | 8,248 | 7,258 | 2,254 | 2,446 | 2,232 |
Net Cash (Debt) Net Cash Growth | -4,323 | -5,946 | -7,220 | -2,207 | -2,403 | -2,168 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -13.66 | -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 | 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 |
Operating Cash Flow Operating Cash Flow Growth | -20.09 | -67.24 | -53.03 | 12.71 | 3.21 | 93.83 |
Capital Expenditures CapEx Growth | -21.1 | -45.21 | -13.48 | -2.94 | -2.49 | -2.71 |
Free Cash Flow Free Cash Flow Growth | -41.19 | -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 | -7295.39% | -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% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 20, 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 | 2.81 | 6.30 | 289.46 | 73.68 | 41.37 | 92.32 |
P/FCF Ratio | - | - | - | 1010.50 | 2210.00 | 63.61 |
PS Ratio | 80.38 | 96.31 | 153.39 | 19.90 | 3.21 | 11.35 |