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Side-by-side financial comparison of AIxCrypto Holdings, Inc. (AIXC) and Strategy Inc (MSTR). Click either name above to swap in a different company.

Strategy Inc runs the higher net margin — 2164.1% vs 1488.6%, a 675.5% gap on every dollar of revenue. On growth, Strategy Inc posted the faster year-over-year revenue change (10.9% vs -108.5%).

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...

AIXC vs MSTR — Head-to-Head

Bigger by revenue
MSTR
MSTR
-942.4× larger
MSTR
$128.7M
$-136.6K
AIXC
Growing faster (revenue YoY)
MSTR
MSTR
+119.4% gap
MSTR
10.9%
-108.5%
AIXC
Higher net margin
MSTR
MSTR
675.5% more per $
MSTR
2164.1%
1488.6%
AIXC

Income Statement — Q1 2024 vs Q1 2026

Metric
AIXC
AIXC
MSTR
MSTR
Revenue
$-136.6K
$128.7M
Net Profit
$-2.0M
$2.8B
Gross Margin
70.5%
Operating Margin
1041.1%
Net Margin
1488.6%
2164.1%
Revenue YoY
-108.5%
10.9%
Net Profit YoY
47.1%
918.7%
EPS (diluted)
$-17.60
$8.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXC
AIXC
MSTR
MSTR
Q3 25
$128.7M
Q2 25
$114.5M
Q1 25
$111.1M
Q4 24
$120.7M
Q3 24
$116.1M
Q2 24
$111.4M
Q1 24
$-136.6K
$115.2M
Q4 23
$124.5M
Net Profit
AIXC
AIXC
MSTR
MSTR
Q3 25
$2.8B
Q2 25
$10.0B
Q1 25
$-4.2B
Q4 24
$-670.8M
Q3 24
$-340.2M
Q2 24
$-102.6M
Q1 24
$-2.0M
$-53.1M
Q4 23
$89.1M
Gross Margin
AIXC
AIXC
MSTR
MSTR
Q3 25
70.5%
Q2 25
68.8%
Q1 25
69.4%
Q4 24
71.7%
Q3 24
70.4%
Q2 24
72.2%
Q1 24
74.0%
Q4 23
77.3%
Operating Margin
AIXC
AIXC
MSTR
MSTR
Q3 25
Q2 25
Q1 25
-5331.4%
Q4 24
-842.1%
Q3 24
-372.7%
Q2 24
-179.7%
Q1 24
1041.1%
-176.8%
Q4 23
-34.4%
Net Margin
AIXC
AIXC
MSTR
MSTR
Q3 25
2164.1%
Q2 25
8752.7%
Q1 25
-3797.2%
Q4 24
-555.8%
Q3 24
-293.1%
Q2 24
-92.0%
Q1 24
1488.6%
-46.1%
Q4 23
71.6%
EPS (diluted)
AIXC
AIXC
MSTR
MSTR
Q3 25
$8.42
Q2 25
$32.60
Q1 25
$-16.49
Q4 24
$4.49
Q3 24
$-1.72
Q2 24
$-5.74
Q1 24
$-17.60
$-3.09
Q4 23
$3.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXC
AIXC
MSTR
MSTR
Cash + ST InvestmentsLiquidity on hand
$54.3M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$-3.5M
$52.3B
Total Assets
$1.0M
$73.6B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXC
AIXC
MSTR
MSTR
Q3 25
$54.3M
Q2 25
$50.1M
Q1 25
$60.3M
Q4 24
$38.1M
Q3 24
$46.3M
Q2 24
$66.9M
Q1 24
$81.3M
Q4 23
$46.8M
Total Debt
AIXC
AIXC
MSTR
MSTR
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.1B
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$3.8B
Q1 24
$3.6B
Q4 23
$2.2B
Stockholders' Equity
AIXC
AIXC
MSTR
MSTR
Q3 25
$52.3B
Q2 25
$47.5B
Q1 25
$32.2B
Q4 24
$18.2B
Q3 24
$3.8B
Q2 24
$2.8B
Q1 24
$-3.5M
$2.4B
Q4 23
$2.2B
Total Assets
AIXC
AIXC
MSTR
MSTR
Q3 25
$73.6B
Q2 25
$64.8B
Q1 25
$43.9B
Q4 24
$25.8B
Q3 24
$8.3B
Q2 24
$7.1B
Q1 24
$1.0M
$6.4B
Q4 23
$4.8B
Debt / Equity
AIXC
AIXC
MSTR
MSTR
Q3 25
0.16×
Q2 25
0.17×
Q1 25
0.25×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.36×
Q1 24
1.48×
Q4 23
1.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXC
AIXC
MSTR
MSTR
Operating Cash FlowLast quarter
$-783.6K
$-8.3M
Free Cash FlowOCF − Capex
$-11.1M
FCF MarginFCF / Revenue
-8.6%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
-0.00×
TTM Free Cash FlowTrailing 4 quarters
$-70.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXC
AIXC
MSTR
MSTR
Q3 25
$-8.3M
Q2 25
$-34.9M
Q1 25
$-2.4M
Q4 24
$-17.3M
Q3 24
$-41.0M
Q2 24
$-23.3M
Q1 24
$-783.6K
$28.6M
Q4 23
$1.2M
Free Cash Flow
AIXC
AIXC
MSTR
MSTR
Q3 25
$-11.1M
Q2 25
$-37.0M
Q1 25
$-5.1M
Q4 24
$-17.6M
Q3 24
$-41.4M
Q2 24
$-24.1M
Q1 24
$27.0M
Q4 23
$837.0K
FCF Margin
AIXC
AIXC
MSTR
MSTR
Q3 25
-8.6%
Q2 25
-32.3%
Q1 25
-4.6%
Q4 24
-14.6%
Q3 24
-35.7%
Q2 24
-21.6%
Q1 24
23.5%
Q4 23
0.7%
Capex Intensity
AIXC
AIXC
MSTR
MSTR
Q3 25
2.2%
Q2 25
1.8%
Q1 25
2.5%
Q4 24
0.2%
Q3 24
0.4%
Q2 24
0.6%
Q1 24
1.3%
Q4 23
0.3%
Cash Conversion
AIXC
AIXC
MSTR
MSTR
Q3 25
-0.00×
Q2 25
-0.00×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
0.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIXC
AIXC

Segment breakdown not available.

MSTR
MSTR

Current Deferred Revenue And Advanced Payments$52.2M41%
Subscription And Circulation$46.0M36%
License$17.4M13%
Technology Service$14.2M11%

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