MSTR
Strategy Inc
NASDAQ · USTechnologySoftware - Application
$97.82+3.13%
Price as of Jul 20, 2026
MSTR financials
Strategy Inc financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $477.2M | $463.5M | $496.3M | $499.3M |
| Cost of revenue | $149.4M | $129.5M | $109.9M | $103.0M |
| Gross profit | $327.8M | $334.0M | $386.3M | $396.3M |
| Operating expenses | $5.8B | $2.2B | $501.4M | $1.7B |
| Operating income | -$5.4B | -$1.9B | -$115.0M | -$1.3B |
| Net income | -$4.0B | -$1.2B | $429.1M | -$1.5B |
| EBITDA | -$5.4B | -$1.9B | -$61.0M | -$1.3B |
| Basic EPS | $-13.89 | $-6.06 | $3.14 | $-12.98 |
| Diluted EPS | $-15.23 | $-6.06 | $2.64 | $-12.98 |
| Balance sheet | ||||
| Cash & equivalents | $2.3B | $38.1M | $46.8M | $43.8M |
| Total assets | $61.6B | $25.8B | $4.8B | $2.4B |
| Total liabilities | $10.6B | $7.6B | $2.6B | $2.8B |
| Stockholders’ equity | $51.0B | $18.2B | $2.2B | -$383.1M |
| Total debt | $8.3B | $7.3B | $2.3B | $2.4B |
| Net debt | $6.0B | $7.2B | $2.2B | $2.4B |
| Cash flow | ||||
| Operating cash flow | -$67.2M | -$53.0M | $12.7M | $3.2M |
| Capital expenditure | -$22.5B | -$22.1B | -$1.9B | -$290.4M |
| Free cash flow | -$22.6B | -$22.1B | -$1.9B | -$287.2M |
| Dividends paid | -$381.4M | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |