Income Statement - Strategy Inc (MSTR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 477.23 | 463.46 | 496.26 | 499.26 | 510.76 | 480.74 | 486.33 | 497.64 | 503.84 | 513.59 | 529.87 | 579.83 | 575.89 | 565.72 | 537.17 | 454.58 | 377.79 | 360.39 | 350.67 | 313.82 |
| Cost of revenue | 149.42 | 129.47 | 109.94 | 102.99 | 91.91 | 91.06 | 99.97 | 99.50 | 96.65 | 93.15 | 101.11 | 135.21 | 138.57 | 141.08 | 130.70 | 106.09 | 66.60 | 63.41 | 60.49 | 44.39 |
| Gross profit | 327.82 | 333.99 | 386.32 | 396.28 | 418.85 | 389.68 | 386.35 | 398.14 | 407.19 | 420.44 | 428.76 | 444.62 | 437.32 | 424.65 | 406.47 | 348.49 | 311.19 | 296.99 | 290.18 | 269.44 |
| Total operating expenses | 5,772.20 | 2,186.97 | 391.42 | 1,672.02 | 1,203.38 | 403.31 | 387.36 | 394.16 | 333.97 | 310.93 | 294.74 | 439.52 | 417.88 | 391.55 | 385.60 | 297.90 | 224.88 | 229.19 | 201.96 | 169.65 |
| Operating income | -5,444.39 | -1,852.98 | -115.05 | -1,275.74 | -784.53 | -13.63 | -1.00 | 3.98 | 73.22 | 109.51 | 134.02 | 5.10 | 19.44 | 33.10 | 20.87 | 50.59 | 86.30 | 67.80 | 88.22 | 99.79 |
| Non-operating income (net) | -81.57 | -81.37 | -9.48 | -46.72 | -26.86 | -6.33 | 39.27 | 16.50 | -1.75 | 5.42 | 3.84 | 5.95 | -2.69 | -0.89 | 4.33 | 4.37 | -0.50 | 2.97 | 2.97 | 1.57 |
| Income before tax | -5,525.95 | -1,934.35 | -124.53 | -1,322.47 | -811.39 | -19.95 | 38.26 | 20.48 | 71.47 | 114.93 | 137.86 | 11.05 | 16.75 | 32.21 | 25.20 | 54.96 | 85.80 | 70.77 | 91.19 | 101.36 |
| Income tax expense | -1,677.80 | -767.69 | -553.65 | 147.33 | -275.91 | -12.43 | 3.91 | -2.02 | 53.28 | 22.69 | 31.93 | 6.02 | -9.80 | 9.73 | 3.39 | 11.17 | 25.29 | 29.00 | 32.72 | 30.49 |
| Net income | -4,031.48 | -1,166.66 | 429.12 | -1,469.80 | -535.48 | -7.52 | 34.36 | 22.50 | 18.20 | 92.24 | 105.93 | 5.04 | 83.33 | 20.55 | 17.94 | 43.79 | 74.84 | 41.83 | 58.47 | 70.88 |
Show Quarterly Income Statement
Income Statement - Strategy Inc (MSTR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 124.30 | 122.99 | 128.69 | 114.49 | 111.07 | 120.70 | 116.07 | 111.44 | 115.25 | 124.48 | 129.46 | 120.40 | 121.92 | 132.55 | 125.36 | 122.07 | 119.28 | 134.52 | 127.99 | 125.35 | 122.90 | 131.32 | 127.41 | 110.58 | 111.42 | 133.53 | 119.69 | 117.74 | 115.37 | 131.92 | 122.15 | 120.60 | 122.97 | 138.15 | 126.01 | 119.22 | 122.23 | 140.11 | 129.90 | 123.14 | 119.02 | 143.52 | 129.54 | 132.94 | 123.87 | 148.87 | 151.20 | 141.85 | 137.90 | 165.88 | 141.92 | 137.91 | 130.18 | 164.45 | 136.08 | 135.32 | 138.33 | 160.27 | 141.70 | 138.15 | 122.03 | 139.12 | 114.53 | 107.54 | 93.39 | 105.77 | 104.02 | 87.76 | 80.24 | 95.01 | 90.63 | 88.86 | 83.54 | 97.60 | 91.23 | 78.05 | 69.35 | 92.55 | 77.67 | 74.11 | 69.50 |
| Cost of revenue | 40.95 | 41.68 | 38.01 | 35.75 | 33.97 | 34.17 | 34.35 | 30.94 | 30.02 | 28.22 | 26.66 | 27.12 | 27.94 | 26.72 | 25.39 | 25.20 | 25.68 | 24.00 | 22.32 | 23.04 | 22.55 | 20.79 | 21.74 | 23.99 | 24.55 | 24.64 | 23.82 | 25.35 | 26.17 | 25.89 | 23.39 | 25.04 | 25.19 | 24.75 | 24.39 | 24.38 | 23.13 | 23.29 | 22.94 | 24.10 | 22.82 | 23.41 | 24.68 | 25.91 | 27.10 | 31.64 | 34.95 | 35.61 | 33.01 | 32.97 | 33.25 | 36.45 | 35.90 | 39.68 | 34.85 | 34.06 | 35.73 | 37.65 | 36.66 | 34.54 | 33.16 | 32.88 | 27.24 | 24.35 | 21.62 | 19.47 | 16.54 | 15.94 | 14.66 | 16.07 | 16.73 | 16.11 | 14.05 | 14.05 | 12.50 | 12.63 | 11.52 | 12.51 | 11.71 | 10.63 | 9.53 |
| Gross profit | 83.35 | 81.31 | 90.68 | 78.74 | 77.10 | 86.53 | 81.72 | 80.51 | 85.23 | 96.26 | 102.80 | 93.28 | 93.97 | 105.83 | 99.98 | 96.87 | 93.60 | 110.51 | 105.68 | 102.31 | 100.35 | 110.53 | 105.67 | 86.60 | 86.88 | 108.90 | 95.88 | 92.39 | 89.19 | 106.03 | 98.76 | 95.56 | 97.78 | 113.39 | 101.62 | 94.85 | 99.10 | 116.82 | 106.96 | 99.04 | 96.19 | 120.11 | 104.85 | 107.03 | 96.77 | 117.24 | 116.25 | 106.24 | 104.90 | 132.91 | 108.67 | 101.46 | 94.28 | 124.77 | 101.23 | 101.26 | 102.60 | 122.61 | 105.04 | 103.61 | 88.87 | 106.24 | 87.29 | 83.19 | 71.77 | 86.31 | 87.48 | 71.82 | 65.58 | 78.94 | 73.90 | 72.75 | 69.49 | 83.54 | 78.74 | 65.43 | 57.84 | 80.04 | 65.96 | 63.48 | 59.96 |
| Total operating expenses | 98.29 | 17,527.11 | -3,800.16 | -13,953.25 | 5,998.51 | 1,102.95 | 514.30 | 280.78 | 288.93 | 139.05 | 128.05 | 119.99 | 114.28 | 299.55 | 93.92 | 1,014.99 | 263.56 | 247.98 | 155.34 | 516.56 | 283.51 | 110.14 | 125.94 | 80.27 | 86.95 | 99.27 | 91.29 | 97.22 | 99.58 | 108.19 | 91.54 | 97.36 | 97.07 | 94.64 | 80.45 | 80.77 | 78.27 | 80.08 | 76.95 | 77.96 | 76.40 | 74.21 | 74.12 | 72.28 | 74.13 | 84.07 | 123.24 | 118.97 | 113.24 | 114.39 | 97.04 | 103.51 | 102.94 | 111.28 | 93.93 | 90.78 | 100.98 | 113.66 | 103.50 | 100.14 | 87.79 | 87.38 | 77.49 | 68.85 | 64.18 | 59.75 | 57.09 | 55.33 | 52.71 | 57.62 | 56.55 | 57.69 | 55.12 | 56.98 | 49.99 | 47.19 | 42.21 | 48.08 | 42.80 | 39.78 | 38.99 |
| Operating income | -14.94 | -17,445.81 | 3,890.84 | 14,031.99 | -5,921.41 | -1,016.42 | -432.58 | -200.27 | -203.70 | -42.79 | -25.25 | -26.71 | -20.31 | -193.72 | 6.06 | -918.12 | -169.96 | -137.47 | -49.66 | -414.25 | -183.15 | 0.39 | -20.27 | 6.33 | -0.07 | 9.63 | 4.59 | -4.83 | -10.39 | -2.16 | 7.22 | -1.80 | 0.72 | 18.76 | 21.17 | 14.08 | 20.84 | 36.74 | 30.01 | 21.08 | 19.80 | 45.89 | 30.73 | 34.75 | 22.65 | 33.17 | -6.99 | -12.73 | -8.35 | 18.52 | 11.63 | -2.05 | -8.66 | 13.49 | 7.30 | 10.49 | 1.62 | 8.95 | 1.54 | 3.47 | 1.08 | 18.86 | 9.80 | 14.34 | 7.59 | 26.56 | 30.39 | 16.50 | 12.87 | 21.32 | 17.35 | 15.06 | 14.38 | 26.56 | 28.74 | 18.24 | 15.63 | 31.96 | 23.16 | 23.70 | 20.98 |
| Non-operating income (net) | -14,450.54 | -14.75 | -19.61 | -26.17 | -21.04 | -10.32 | -46.10 | -14.77 | -10.19 | -17.86 | -8.59 | -11.35 | 28.31 | -20.67 | -9.18 | -8.07 | -8.81 | -10.97 | -9.46 | -5.30 | -1.13 | -4.42 | -2.76 | -1.43 | 2.29 | 0.03 | 4.82 | 32.44 | 1.97 | 4.14 | 4.24 | 7.68 | 0.44 | 1.18 | -0.45 | -1.46 | -1.02 | 4.36 | 0.03 | 2.29 | -1.27 | 1.11 | 0.88 | -2.90 | 4.75 | 2.48 | 4.98 | -0.44 | -1.07 | -1.23 | -3.13 | -0.10 | 1.77 | -1.75 | -0.07 | 1.04 | -0.11 | 0.73 | 4.36 | -0.28 | -0.55 | 0.89 | -1.63 | 2.16 | 2.95 | 0.61 | -0.30 | -1.49 | 0.68 | 1.16 | 1.32 | 0.56 | -0.06 | 0.99 | 0.10 | 0.86 | 1.03 | 0.37 | 0.39 | 0.13 | 0.68 |
| Income before tax | -14,465.48 | -17,460.56 | 3,871.24 | 14,005.82 | -5,942.45 | -1,026.74 | -478.68 | -215.05 | -213.89 | -60.64 | -33.83 | -38.05 | 8.01 | -214.38 | -3.12 | -926.19 | -178.77 | -148.44 | -59.12 | -419.55 | -184.28 | -4.03 | -23.03 | 4.90 | 2.22 | 9.66 | 9.41 | 27.61 | -8.42 | 1.98 | 11.46 | 5.89 | 1.16 | 19.94 | 20.72 | 12.62 | 19.82 | 41.10 | 30.04 | 23.37 | 18.53 | 47.01 | 31.61 | 31.85 | 27.40 | 35.65 | -2.01 | -13.17 | -9.42 | 17.30 | 8.49 | -2.15 | -6.89 | 11.74 | 7.23 | 11.52 | 1.52 | 9.68 | 5.90 | 3.20 | 0.53 | 19.75 | 8.17 | 16.50 | 10.54 | 27.16 | 30.08 | 15.01 | 13.55 | 22.48 | 18.67 | 15.62 | 14.31 | 27.55 | 28.84 | 19.10 | 16.65 | 32.33 | 23.55 | 23.83 | 21.66 |
| Income tax expense | -1,922.81 | -5,023.91 | 1,086.21 | 3,984.98 | -1,725.08 | -355.93 | -138.50 | -112.49 | -160.77 | -149.77 | 109.61 | -60.30 | -453.19 | 35.29 | 23.96 | 136.11 | -48.02 | -58.46 | -22.98 | -120.20 | -74.26 | -6.69 | -8.80 | 1.51 | 1.56 | -2.51 | -0.29 | 7.22 | -0.51 | -1.32 | -1.24 | 1.06 | -0.52 | 46.16 | 2.54 | 2.67 | 4.26 | 9.98 | 3.41 | 4.49 | 4.26 | 7.90 | 7.72 | 9.38 | 6.94 | 12.95 | -1.17 | -2.83 | -2.94 | 1.15 | -8.65 | -0.59 | -1.70 | 3.50 | 2.10 | 3.60 | 0.45 | 0.68 | 0.97 | 0.31 | -0.61 | 1.83 | 0.82 | 4.88 | 3.64 | 6.62 | 8.73 | 5.06 | 4.89 | 8.64 | 7.59 | 7.72 | 5.17 | 9.88 | 9.44 | 7.57 | 6.21 | 9.98 | 6.57 | 7.27 | 6.66 |
| Net income | -12,542.67 | -12,619.98 | 2,785.02 | 10,020.85 | -4,217.37 | -670.81 | -340.17 | -102.56 | -53.12 | 89.13 | -143.44 | 22.24 | 461.19 | -249.67 | -27.08 | -1,062.30 | -130.75 | -89.98 | -36.14 | -299.35 | -110.02 | 2.66 | -14.23 | 3.39 | 0.66 | 12.17 | 9.70 | 20.39 | -7.91 | 3.30 | 12.70 | 4.83 | 1.67 | -26.22 | 18.18 | 9.95 | 15.56 | 31.12 | 26.63 | 18.88 | 14.27 | 39.11 | 23.89 | 22.47 | 20.46 | 22.70 | -0.85 | -10.34 | -6.48 | 16.15 | 17.15 | -1.55 | 51.59 | 8.24 | 4.76 | 7.27 | 0.27 | 9.00 | 4.92 | 2.89 | 1.13 | 17.92 | 7.35 | 11.62 | 6.90 | 20.54 | 21.35 | 9.97 | 22.98 | 14.29 | 11.12 | 8.13 | 9.99 | 17.68 | 19.34 | 11.61 | 11.05 | 22.35 | 16.97 | 16.56 | 14.99 |