Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Strategy Inc (MSTR)
Price$142.80Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $477.2M | $463.5M | $496.3M | $499.3M | $510.8M | $480.7M | $486.3M | $497.6M | $503.8M | $513.6M | $529.9M | $579.8M | $575.9M | $565.7M | $537.2M | $454.6M | $377.8M |
| Gross profit | $327.8M | $334.0M | $386.3M | $396.3M | $418.9M | $389.7M | $386.4M | $398.1M | $407.2M | $420.4M | $428.8M | $444.6M | $437.3M | $424.6M | $406.5M | $348.5M | $311.2M |
| Gross margin | 68.69% | 72.06% | 77.85% | 79.37% | 82.01% | 81.06% | 79.44% | 80.01% | 80.82% | 81.86% | 80.92% | 76.68% | 75.94% | 75.06% | 75.67% | 76.66% | 82.37% |
| Research & development | $93.9M | $118.5M | $120.5M | $127.4M | $117.1M | $103.6M | $109.4M | $102.5M | $78.8M | $73.1M | $65.2M | $103.4M | $98.1M | $88.2M | $67.9M | $50.6M | $41.8M |
| Operating expenses | $5.77B | $2.19B | $501.4M | $1.67B | $1.20B | $403.3M | $387.4M | $394.2M | $334.0M | $310.9M | $294.7M | $439.5M | $417.9M | $391.5M | $385.6M | $297.9M | $224.9M |
| Operating income | −$5.44B | −$1.85B | −$115.0M | −$1.28B | −$784.5M | −$13.6M | −$1.0M | $4.0M | $73.2M | $109.5M | $134.0M | $5.1M | $19.4M | $33.1M | $20.9M | $50.6M | $86.3M |
| Operating margin | −1,140.82% | −399.82% | −23.18% | −255.52% | −153.60% | −2.83% | −0.21% | 0.80% | 14.53% | 21.32% | 25.29% | 0.88% | 3.38% | 5.85% | 3.88% | 11.13% | 22.84% |
| EBITDA | −$5.42B | −$1.84B | −$100.5M | −$1.26B | −$773.2M | −$293,000 | $7.6M | $7.7M | $88.8M | $129.5M | $155.2M | $30.4M | $45.8M | $55.6M | $38.1M | $56.8M | $91.3M |
| EBITDA margin | −1,135.48% | −395.98% | −20.26% | −253.35% | −151.38% | −0.06% | 1.56% | 1.54% | 17.62% | 25.21% | 29.30% | 5.24% | 7.96% | 9.82% | 7.10% | 12.49% | 24.17% |
| Net income | −$3.85B | −$1.17B | $429.1M | −$1.47B | −$535.5M | −$7.5M | $34.4M | $22.5M | $18.2M | $92.2M | $105.9M | $5.0M | $83.3M | $20.5M | $17.9M | $43.8M | $74.8M |
| Net profit margin | −806.35% | −251.73% | 86.47% | −294.39% | −104.84% | −1.57% | 7.06% | 4.52% | 3.61% | 17.96% | 19.99% | 0.87% | 14.47% | 3.63% | 3.34% | 9.63% | 19.81% |
| Basic EPSper basic share | -$15.23 | -$6.06 | $3.14 | -$12.98 | -$0.53 | -$0.01 | $0.03 | $0.02 | $0.02 | $0.08 | $0.09 | $0.00 | $0.07 | $0.02 | $0.02 | $0.04 | $0.06 |
| Diluted EPSper diluted share | -$15.23 | -$6.06 | $2.64 | -$12.98 | -$0.53 | -$0.01 | $0.03 | $0.02 | $0.02 | $0.08 | $0.09 | $0.00 | $0.07 | $0.02 | $0.02 | $0.04 | $0.06 |
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 23, 2026Form 4 | Patten Jarrod MDirector | SellClass A Common Stock | 1.5K | $106.08 | $159.1K | 28.4K |
| Jun 22, 2026Form 4 | Le PhongPresident & CEO | BuySeries A Perpetual Stretch Preferred Stock · indirect | 11.0K | $90.80 | $998.8K | 11.0K |
| Jun 17, 2026Form 4 | Patten Jarrod MDirector | SellClass A Common Stock | 1.5K | $121.31 | $182.0K | 28.4K |
| Jun 16, 2026Form 4 | Chow Thomas C.EVP & General Counsel | BuySeries A Perpetual Strike Preferred Stock | 11 | $66.10 | $727.10 | 11 |
| Jun 16, 2026Form 4 | Chow Thomas C.EVP & General Counsel | BuySeries A Perpetual Stretch Preferred Stock | 100 | $92.71 | $9.3K | 100 |
Community posts
Strategy doubles preferred-securities buyback authorisation to $2 billion
Strategy’s ($MSTR) board increased its digital credit securities repurchase authorisation from $1 billion to $2 billion, including purchases already made. The programme covers preferred securities, not MSTR common shares. The accompanying w ...