Strategy Inc (MSTR)

Name: Strategy Inc Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$111M

Net Income

-$4.2B

Operating Margin

-5,331.4%

Free Cash Flow

-$22.1B

Debt / Assets

29.5%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Strategy Inc (MSTR).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	111,066,000	120,697,000	116,071,000	111,442,000
Cost of Revenue	33,971,000	34,169,000	34,349,000	30,935,000
Gross Profit	77,095,000	86,528,000	81,722,000	80,507,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	68,079,000	71,202,000	68,919,000	70,380,000
Operating Expenses	5,964,536,000	973,480,000	514,304,000	280,781,000
Operating Income	-5,921,412,000	-1,016,420,000	-432,582,000	-200,274,000
Interest Expense	-17,106,000	16,465,000	18,129,000	15,466,000
Income Before Tax	-5,942,454,000	-1,026,735,000	-478,678,000	-215,046,000
Income Tax Expense	-1,725,084,000	-355,925,000	-138,504,000	-112,487,000
Net Income	-4,228,018,000	-670,810,000	-340,174,000	-102,559,000
Per Share
EPS	-16.49	-3.03	-1.72	-0.57
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Strategy Inc (MSTR).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2023-03-31	2022-12-31
Revenue	477,233,000	463,456,000	496,261,000	0	499,264,000
Cost of Revenue	149,417,000	129,468,000	109,944,000	0	102,989,000
Gross Profit	327,816,000	333,988,000	386,317,000	0	396,275,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	274,865,000	278,618,000	264,983,000	0	258,303,000
Operating Expenses	5,622,784,000	2,057,498,000	501,364,000	0	385,731,000
Operating Income	-5,444,385,000	-1,852,978,000	-115,047,000	0	6,083,000
Interest Expense	-64,968,000	61,941,000	48,960,000	0	53,136,000
Income Before Tax	-5,525,954,000	-1,934,346,000	-124,525,000	0	-1,322,465,000
Income Tax Expense	-1,677,802,000	-767,685,000	-553,646,000	0	147,332,000
Net Income	-4,229,520,000	-1,166,661,000	429,121,000	0	-1,469,797,000
Per Share
EPS	-15.23	-6.06	3.20	0.00	-129.83
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Strategy Inc (MSTR).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	38,117,000	48,673,000	43,835,000	63,356,000
Short Term Investments	0	0	0	0
Net Receivables	181,203,000	207,715,000	189,280,000	189,280,000
Inventory	0	0	7,033,000	0
Total Current Assets	252,324,000	267,894,999	264,566,000	267,965,000
Property Plant Equipment	80,887,000	86,284,000	93,610,000	103,347,000
Goodwill and Intangibles	23,909,373,000	3,626,476,000	1,840,028,000	2,850,210,000
Total Assets	25,843,685,000	4,762,528,000	2,410,272,000	3,557,124,000
Liabilities
Account Payables	33,398,000	32,627,000	42,976,000	46,084,000
Short Term Debt	10,901,000	10,946,000	454,000	46,084,000
Total Current Liabilities	355,384,000	323,273,000	317,403,000	311,985,000
Long Term Debt	7,247,561,000	2,182,108,000	2,445,904,000	2,231,759,000
Total Liabilities	7,613,701,000	2,597,556,000	2,793,392,000	2,578,166,000
Shareholders Equity
Retained Earnings	-2,166,876,000	-999,234,000	-1,428,355,000	41,442,000
Total Shareholders Equity	18,229,984,000	2,164,972,000	-383,120,000	978,958,000

Balance sheet annual history for Strategy Inc (MSTR).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	38,117,000	48,673,000	43,835,000	63,356,000	59,675,000
Short Term Investments	0	0	0	0	0
Net Receivables	181,203,000	207,715,000	189,280,000	189,280,000	197,461,000
Inventory	0	0	7,033,000	0	0
Total Current Assets	252,324,000	267,894,999	264,566,000	267,965,000	272,620,000
Property Plant Equipment	80,887,000	86,284,000	93,610,000	103,347,000	116,572,000
Goodwill and Intangibles	23,909,373,000	3,626,476,000	1,840,028,000	2,850,210,000	1,054,302,000
Total Assets	25,843,685,000	4,762,528,000	2,410,272,000	3,557,124,000	1,465,612,000
Liabilities
Account Payables	33,398,000	32,627,000	42,976,000	46,084,000	0
Short Term Debt	10,901,000	10,946,000	454,000	46,084,000	0
Total Current Liabilities	355,384,000	323,273,000	317,403,000	311,985,000	285,618,000
Long Term Debt	7,247,561,000	2,182,108,000	2,445,904,000	2,231,759,000	570,694,000
Total Liabilities	7,613,701,000	2,597,556,000	2,793,392,000	2,578,166,000	912,567,000
Shareholders Equity
Retained Earnings	-2,166,876,000	-999,234,000	-1,428,355,000	41,442,000	575,965,000
Total Shareholders Equity	18,229,984,000	2,164,972,000	-383,120,000	978,958,000	553,045,000

Cash flow quarterly history for Strategy Inc (MSTR).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-1,166,661,000	429,121,000	-1,469,797,000	-535,480,000
Depreciation & Amortization	17,808,000	31,270,000	10,874,000	11,358,000
Stock Based Compensation	77,124,000	69,571,000	63,619,000	44,126,000
Change in Working Capital	-42,707,000	-21,055,000	-36,609,000	11,091,000
Operating Cash Flow	-53,032,000	12,712,000	3,211,000	93,833,000
Investing Activities
Capital Expenditure	-22,086,237,000	-1,905,237,000	-290,407,000	-2,629,235,000
Investments	-13,478,000	-1,905,237,000	-290,407,000	-2,629,235,000
Investing Cash Flow	-22,086,237,000	-1,905,237,000	-278,590,000	-2,629,235,000
Financing Activities
Debt Repayment	5,697,399,000	-160,546,000	-246,000	0
Common Stock Issued/Repurchased	16,363,023,000	2,050,431,999	44,510,001	1,002,854,000
Dividends Paid	0	0	-2,081,999	0
Financing Cash Flow	22,132,641,000	1,889,886,000	265,188,000	2,541,685,000
Summary
Free Cash Flow	-22,139,269,000	-1,892,525,000	-287,196,000	-2,535,402,000
Net Change in Cash	-8,776,000	-2,195,000	-13,566,000	3,675,000

Cash flow annual history for Strategy Inc (MSTR).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	-1,166,661,000	429,121,000	-1,469,797,000	-535,480,000	-7,524,000
Depreciation & Amortization	17,808,000	31,270,000	10,874,000	11,358,000	13,332,000
Stock Based Compensation	77,124,000	69,571,000	63,619,000	44,126,000	11,153,000
Change in Working Capital	-42,707,000	-21,055,000	-36,609,000	11,091,000	-22,781,000
Operating Cash Flow	-53,032,000	12,712,000	3,211,000	93,833,000	53,619,000
Investing Activities
Capital Expenditure	-22,086,237,000	-1,905,237,000	-290,407,000	-2,629,235,000	-1,128,651,000
Investments	-13,478,000	-1,905,237,000	-290,407,000	-2,629,235,000	-1,128,651,000
Investing Cash Flow	-22,086,237,000	-1,905,237,000	-278,590,000	-2,629,235,000	-1,018,693,000
Financing Activities
Debt Repayment	5,697,399,000	-160,546,000	-246,000	0	0
Common Stock Issued/Repurchased	16,363,023,000	2,050,431,999	44,510,001	1,002,854,000	-123,224,000
Dividends Paid	0	0	-2,081,999	0	0
Financing Cash Flow	22,132,641,000	1,889,886,000	265,188,000	2,541,685,000	563,233,000
Summary
Free Cash Flow	-22,139,269,000	-1,892,525,000	-287,196,000	-2,535,402,000	-1,075,032,000
Net Change in Cash	-8,776,000	-2,195,000	-13,566,000	3,675,000	-397,057,000