Strategy Q2 FY26 earnings

Revenue $122.37M, up 6.9% on a year earlier. Diluted EPS -$24.45 against $32.60.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$122.37M$124.30M$114.49M+6.9%
Operating income-$8.33B-$14.47B$14.03B-159.4%
Net income-$8.22B-$12.54B$10.02B-182.0%
Diluted EPS-$24.45-$38.25$32.60
Operating cash flow-$4.14M$13.99M-$34.91M
Capital expenditures-$1.77M-$952,000-$2.09M
Free cash flow-$5.91M$13.04M-$37.01M

Sources

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Stock Atlas, “Strategy (MSTR) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/MSTR/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.