Strategy Inc (MSTR)
NASDAQ: MSTR · Real-Time Price · USD
142.54
+6.91 (5.09%)
At close: Nov 4, 2026, 4:00 PM EST
142.54
0.00 (0.00%)
Pre-market: Nov 5, 2026, 6:27 AM EST
Strategy Income Statement
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 |
| 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% |
Cost of Revenue | 159.24 | 149.42 | 129.47 | 109.94 | 102.99 | 91.91 |
Gross Profit | 335.84 | 327.82 | 333.99 | 386.32 | 396.28 | 418.85 |
Selling, General & Admin | 284.35 | 274.87 | 278.62 | 264.98 | 258.3 | 255.64 |
Research & Development | 94.59 | 93.86 | 118.49 | 120.53 | 127.43 | 117.12 |
Other Operating Expenses | 5,403 | 5,403 | 1,790 | 115.85 | 1,286 | 830.62 |
Operating Expenses | 5,782 | 5,772 | 2,187 | 501.36 | 1,672 | 1,203 |
Operating Income | -5,447 | -5,444 | -1,853 | -115.05 | -1,276 | -784.53 |
Interest Expense | -58.05 | -64.97 | -61.94 | -48.96 | -53.14 | -29.15 |
Interest & Investment Income | 79.21 | - | - | - | - | - |
Currency Exchange Gain (Loss) | 0.27 | -16.8 | 2.9 | -5.6 | 6.2 | 2.5 |
Other Non Operating Income (Expenses) | 0.2 | 0.2 | 0.61 | 0.4 | 0.21 | -0.21 |
EBT Excluding Unusual Items | -5,425 | -5,526 | -1,911 | -169.21 | -1,322 | -811.39 |
Gain (Loss) on Sale of Assets | -13,891 | - | - | - | - | - |
Other Unusual Items | 113.92 | - | -22.93 | 44.69 | - | - |
Pretax Income | -19,202 | -5,526 | -1,934 | -124.53 | -1,322 | -811.39 |
Income Tax Expense | -5,536 | -1,678 | -767.69 | -553.65 | 147.33 | -275.91 |
Net Income | -13,666 | -3,848 | -1,167 | 429.12 | -1,470 | -535.48 |
Preferred Dividends & Other Adjustments | 1,228 | 381.37 | - | - | - | - |
Net Income to Common | -14,894 | -4,230 | -1,167 | 429.12 | -1,470 | -535.48 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 336 | 278 | 193 | 137 | 113 | 100 |
Shares Outstanding (Diluted) | 336 | 278 | 193 | 166 | 113 | 100 |
Shares Change | 18.58% | 44.20% | 16.23% | 46.33% | 12.98% | 3.47% |
EPS (Basic) | -44.30 | -15.23 | -6.06 | 3.14 | -12.98 | -5.34 |
EPS (Diluted) | -44.39 | -15.23 | -6.06 | 2.64 | -12.98 | -5.34 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
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 |
Free Cash Flow | -21.13 | -112.45 | -66.51 | 9.77 | 0.73 | 91.13 |
Free Cash Flow Per Share | -0.06 | -0.41 | -0.34 | 0.06 | 0.01 | 0.91 |
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% |
Profit Margin | -3008.29% | -886.26% | -251.73% | 86.47% | -294.39% | -104.84% |
Free Cash Flow Margin | -4.27% | -23.56% | -14.35% | 1.97% | 0.14% | 17.84% |
EBITDA | -5,445 | -5,443 | -1,847 | -108.62 | -1,269 | -775.87 |
EBITDA Margin | - | - | - | -21.89% | -254.25% | -151.90% |
D&A For EBITDA | 1.31 | 0.92 | 5.51 | 6.43 | 6.37 | 8.66 |
EBIT | -5,447 | -5,444 | -1,853 | -115.05 | -1,276 | -784.53 |
EBIT Margin | - | - | - | -23.18% | -255.52% | -153.60% |
Revenue as Reported | 495.08 | 477.23 | 463.46 | 496.26 | 499.26 | 510.76 |
Advertising Expenses | - | - | - | - | - | 1.2 |