Companies / MSTR

Strategy Inc (MSTR) financials and KPIs

Strategy Inc reported revenue of $477.23M for fiscal 2025, up 3.0% from fiscal 2024. Net income was -$3.85B and free cash flow was -$75.45M.

Annual results

Fiscal year20212022202320242025
Revenue$510.76M$499.26M$496.26M$463.46M$477.23M
Operating income-$784.53M-$1.28B-$115.05M-$1.85B-$5.44B
Net income-$535.48M-$1.47B$429.12M-$1.17B-$3.85B
Cash from operations$93.83M$3.21M$12.71M-$53.03M-$67.24M
Free cash flow$91.13M$725,000$9.77M-$56.01M-$75.45M

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$116.07M$120.70M$111.07M$114.49M$128.69M$122.99M$124.30M$122.37M
Diluted EPS-$1.72—-$16.49$32.60$8.42—-$38.25-$24.45

Sources

Figures come from Strategy Inc's SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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