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MSTR · NASDAQ · Software - Application

Strategy (MSTR)

Sells enterprise business-intelligence software while holding more bitcoin than any other public company.

$168.55

vs last close+0.05 (+0.03%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	129	124	115	111	116	121	111	114	129	123	124	122
Cost of revenue	27	28	30	31	34	34	34	36	38	42	41	41
Gross profit	103	96	85	81	82	87	77	79	91	81	83	82
	128	139	289	281	514	1,103	93	94	91	91	98	8,413
Research & development	30	30	29	30	33	26	24	24	23	23	25	23
	65	70	68	70	69	71	68	70	68	69	74	74
Selling & marketing	36	40	33	34	35	35	28	34	30	32	36	34
General & administrative	29	29	35	36	34	36	41	37	38	37	37	40
Other expenses	34	39	192	180	412	1,006	0	0	0	0	0	8,315
Operating income	−25	−43	−204	−200	−433	−1,016	−15	−16	0	−10	−15	−8,331
	−9	−18	−10	−15	−46	−10	−5,927	14,021	3,871	−17,451	−14,451	113
Interest income	0	0	0	0	0	0	0	0	0	0	0	1
Interest expense	11	12	12	15	18	16	17	18	19	11	2	0
Other non-operating income	−2	6	−2	−1	28	−6	0	−14,039	−3,890	17,440	0	−113
Income before tax	−34	−61	−214	−215	−479	−1,027	−5,942	14,006	3,871	−17,461	−14,465	−8,218
Income tax expense	110	−150	−161	−112	−139	−356	−1,725	3,985	1,086	−5,024	−1,923	2
Net income from continuing operations	−143	89	−53	−103	−340	−671	−4,217	10,021	2,785	−12,437	−12,543	−8,220
Net income	−143	89	−53	−103	−340	−671	−4,217	10,021	2,785	−12,437	−12,543	−8,220
EPS, basic	−$1.01	$0.58	−$0.31	−$0.57	−$1.72	−$3.03	−$16.49	$36.23	$9.30	−$42.93	−$38.25	−$24.07
EPS, diluted	−$1.01	$0.50	−$0.31	−$0.57	−$1.72	−$3.03	−$16.49	$32.60	$8.42	−$42.93	−$38.25	−$24.07
Weighted average shares, basic	142	153	172	179	197	222	256	266	272	294	334	343
Weighted average shares, diluted	142	184	172	179	197	222	256	298	304	294	334	343
EBITDA	−20	−44	−199	−196	−455	−1,005	−9	14,033	3,894	−17,444	−6	−8,218
Depreciation & amortization	3	5	3	4	6	5	7	9	4	6	9	0
EBIT	−23	−49	−202	−200	−461	−1,010	−15	14,024	3,890	−17,449	−15	−8,218