Strategy IncMSTREarnings & Financial Report
Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...
MSTR Q2 FY2026 Key Financial Metrics
Revenue
$123.0M
Gross Profit
$81.3M
Operating Profit
N/A
Net Profit
N/A
Gross Margin
66.1%
Operating Margin
N/A
Net Margin
N/A
YoY Growth
1.9%
Strategy Inc Q2 FY2026 Financial Summary
Strategy Inc reported revenue of $123.0M (up 1.9% YoY) for Q2 FY2026, with a net profit of N/A (N/A margin). Cost of goods sold was $41.7M.
Key Financial Metrics
| Total Revenue | $123.0M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 66.1% |
| Operating Margin | N/A |
| Report Period | Q2 FY2026 |
Strategy Inc Annual Revenue by Year
Strategy Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $462.3M).
Strategy Inc Quarterly Revenue & Net Profit History
Strategy Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $123.0M | +1.9% | N/A | N/A |
| Q1 FY2026 | $128.7M | +10.9% | $2.8B | 2164.1% |
| Q4 FY2025 | $114.5M | +2.7% | $10.0B | 8752.7% |
| Q3 FY2025 | $111.1M | -3.6% | $-4.2B | -3797.2% |
| Q2 FY2025 | $120.7M | -3.0% | $-670.8M | -555.8% |
| Q1 FY2025 | $116.1M | -10.3% | $-340.2M | -293.1% |
| Q4 FY2024 | $111.4M | -7.4% | $-102.6M | -92.0% |
| Q3 FY2024 | $115.2M | -5.5% | $-53.1M | -46.1% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $115.2M | $111.4M | $116.1M | $120.7M | $111.1M | $114.5M | $128.7M | $123.0M |
| YoY Growth | -5.5% | -7.4% | -10.3% | -3.0% | -3.6% | 2.7% | 10.9% | 1.9% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.35B | $7.05B | $8.34B | $25.84B | $43.92B | $64.77B | $73.62B | $61.64B |
| Liabilities | $3.95B | $4.22B | $4.57B | $7.61B | $10.39B | $14.40B | $15.50B | $10.60B |
| Equity | $2.40B | $2.83B | $3.77B | $18.23B | $32.22B | $47.48B | $52.33B | $44.12B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $28.6M | $-23.3M | $-41.0M | $-17.3M | $-2.4M | $-34.9M | $-8.3M |