MSTR
Strategy Inc
Price as of Jul 20, 2026
MSTR earnings
Strategy Inc earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $-0.86 | $-38.25 | -4337.4% | $124M | +2.9% |
| Feb 5, 2026 | $-0.08 | $-42.93 | -53562.5% | $123M | +3.2% |
| Oct 30, 2025 | $-0.10 | $8.42 | +8354.9% | $129M | +10.3% |
| Jul 31, 2025 | $-0.10 | $32.60 | +33253.7% | $114M | +0.8% |
| May 1, 2025 | $-2.44 | $-16.49 | -575.8% | $111M | -4.4% |
| Feb 5, 2025 | $-0.13 | $-3.20 | -2361.5% | $121M | -1.4% |
| Oct 30, 2024 | $-0.12 | $-1.56 | -1168.3% | $116M | -4.4% |
| Aug 1, 2024 | $-0.09 | $-0.76 | -720.1% | $111M | -8.6% |
| Feb 6, 2024 | $0.55 | $0.56 | +1.8% | $124M | -6.3% |
| Nov 1, 2023 | $0.74 | $-0.90 | -221.6% | $129M | +2.4% |
| Aug 1, 2023 | $-0.52 | $0.24 | +146.2% | $120M | -3.4% |
| May 1, 2023 | $-1.28 | $3.06 | +339.1% | $122M | +2.4% |
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Andrew Kang welcomed CJ Jain to his new role and discussed Q1 financial results, Bitcoin holdings, balance sheet. Phong Le talked about capital markets raises, STRC's success, digital equity performance, digital credit growth, and capital market strategy. Michael Saylor elaborated on BTC market, capital market strategy, retail and corporate support for STRC, digital money and yield, and outlook. They also mentioned various aspects like STRC dividend amendment, Bitcoin per share accretion, and different strategies for capital management
Guidance
Bitcoin per share goal is to double in seven years. STRC issuance target is about 10% to 20% of Bitcoin reserves annually. If Bitcoin grows more than 2.3% annually, can fund dividends forever without selling shares. Also mentioned various scenarios like potential debt-free status, adjusting amplification, USD reserves based on market conditions
Segment performance
In Q1, operating loss was $14.5 billion and net loss was $12.8 billion, driven by Bitcoin's fair value decline. Bitcoin per share increased from 181,030 sats per share in May 2025 to 213,371 sats per share in May 2026, an 18% year-over-year increase. Year to date, 9.4% BTC yield was delivered. Digital assets ended the quarter at $51.6 billion. Cash and cash equivalents were $2.2 billion. Long-term debt was $8.2 billion, equity increased to $9 billion. Held over 818,000 Bitcoin with total value ~$64 billion and acquisition cost ~$62 billion, representing 3.9% of all Bitcoin ever to exist
Risks & headwinds
Fluctuations in Bitcoin price, impact of monetary policy on Bitcoin and risk assets, credit risk related to Bitcoin volatility, regulatory uncertainties affecting the crypto and digital credit markets
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-30.