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Strategy Inc (MSTR)
NASDAQ: MSTR · Real-Time Price · USD
132.33
-9.29 (-6.56%)
Oct 30, 2026, 11:52 AM EDT - Market open

Strategy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
125.43122.37124.3122.99128.69114.49111.07120.7116.07111.44115.25124.48129.46120.4121.92132.55125.36122.07119.28134.52
Revenue Growth
-2.54%6.88%11.92%1.90%10.87%2.73%-3.63%-3.04%-10.34%-7.44%-5.47%-6.09%3.27%-1.37%2.21%-1.46%-2.06%-2.61%-2.95%2.43%
Gross Profit
89.6381.5583.3581.3190.6878.7477.186.5381.7280.5185.2396.26102.893.2893.97105.8399.9896.8793.6110.51
Operating Income
20,910-8,331-14,470-5,413-0.0114,032-5,921-1,016-432.58-200.27-203.7-42.79-25.25-25.51-20.31-193.726.06-918.12-169.96-137.47
Net Income
19,113-8,620-12,772-12,6202,6459,972-4,227-670.81-340.17-102.56-53.1289.13-143.4422.24461.19-249.67-27.08-1,062-130.75-89.98
Earnings Per Share
44.75-24.45-38.25-43.038.4232.60-16.47-3.03-1.72-0.57-0.310.50-1.010.153.18-2.19-0.24-9.40-1.16-0.84
EPS Growth
431.43%-------------------

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Product Licenses
3.833.675.57.8517.377.187.2715.2611.099.2912.9418.3724.0515.5217.4127.5722.2920.1316.5132.54
Subscription Services
68.5962.8658.8851.7645.9740.8237.131.9327.824.0822.9721.5220.9719.8818.8117.4716.4114.0212.8511.85
Product Support
37.6840.2544.1948.551.1252.0852.5358.3661.0261.7462.6965.4766.8666.0865.4866.8466.0166.5267.1569.15
Other Services
15.3315.615.7314.8814.2314.4114.1615.1516.1716.3416.6619.1317.5818.9220.2120.6820.6521.4122.7720.98
Revenue (Total)
125.43122.37124.3122.99128.69114.49111.07120.7116.07111.44115.25124.48129.46120.4121.92132.55---134.52

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
5,9062,4482,2072,30154.2950.160.338.1246.3466.9281.3346.8245.0165.9794.3143.8460.3969.3992.6863.36
Total Debt
6,7766,7718,2578,2488,2228,2148,1947,2584,2703,9053,6182,2542,2402,2422,2422,4462,4462,4472,4362,232
Net Cash (Debt)
-870.31-4,323-6,050-5,946-8,168-8,164-8,134-7,220-4,224-3,838-3,536-2,207-2,195-2,176-2,147-2,403-2,386-2,378-2,343-2,168
Net Cash Growth
--------------------
Net Cash Per Share
-2.03-12.26-18.12-20.23-25.90-26.61-31.70-32.58-21.41-21.49-20.57-12.01-15.44-13.52-14.73-21.10-21.10-21.04-20.76-20.29

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
--4.1413.99-21.63-8.31-34.91-2.39-17.32-40.97-23.3328.591.18-7.4-18.4737.4-18.2-1.45-20.8243.683.25
Capital Expenditures
--1.77-0.95-10.58-7.8-18.09-8.74-10.78-0.43-0.72-1.55-0.35-1.45-0.64-0.5-0.64-0.33-0.88-0.64-0.82
Free Cash Flow
--5.9113.04-32.21-16.11-53.01-11.13-28.11-41.39-24.0527.040.84-8.85-19.1136.9-18.83-1.79-21.743.042.42
Free Cash Flow Growth
-----------26.71%----14.27%----30.86%-89.39%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
71.46%66.64%67.06%66.11%70.46%68.77%69.41%71.69%70.41%72.24%73.96%77.33%79.41%77.47%77.08%79.84%79.75%79.35%78.47%82.16%
Operating Margin
16670.89%-6808.11%-11641.53%-4401.61%-0.00%12256.30%-5331.43%-842.13%-372.69%-179.71%-176.75%-34.37%-19.50%-21.19%-16.66%-146.14%4.83%-752.11%-142.49%-102.19%
Pretax Margin
16696.79%-6715.87%-11637.55%-14196.96%3008.16%12233.44%-5350.38%-850.67%-412.40%-192.97%-185.59%-48.72%-26.13%-31.61%6.57%-161.73%-2.49%-758.72%-149.88%-110.35%
Profit Margin
15238.68%-7044.56%-10275.30%-10261.15%2055.41%8709.85%-3805.49%-555.78%-293.07%-92.03%-46.09%71.60%-110.80%18.47%378.29%-188.35%-21.60%-870.21%-109.62%-66.89%
FCF Margin
--4.83%10.49%-26.19%-12.52%-46.30%-10.02%-23.29%-35.66%-21.58%23.46%0.67%-6.84%-15.87%30.26%-14.21%-1.43%-17.77%36.09%1.80%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
----12.0323.85-----23.02-23.26------
Forward PE
4.811.971.526.3017.50289.46289.46289.46289.46289.46289.4673.68130.43132.46266.9541.3758.1594.43137.3892.32
P/FCF Ratio
-----------1010.50------76.3263.61
PS Ratio
118.8161.3387.9496.31195.47244.24163.48153.3973.1250.8459.0819.909.179.616.733.214.793.6810.8211.35