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Side-by-side financial comparison of Strategy Inc (MSTR) and PREFORMED LINE PRODUCTS CO (PLPC). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $123.0M, roughly 1.4× Strategy Inc). On growth, PREFORMED LINE PRODUCTS CO posted the faster year-over-year revenue change (3.6% vs 1.9%). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs 3.3%).

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...

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

MSTR vs PLPC — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.4× larger
PLPC
$173.1M
$123.0M
MSTR
Growing faster (revenue YoY)
PLPC
PLPC
+1.7% gap
PLPC
3.6%
1.9%
MSTR
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
3.3%
MSTR

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MSTR
MSTR
PLPC
PLPC
Revenue
$123.0M
$173.1M
Net Profit
$8.4M
Gross Margin
66.1%
29.8%
Operating Margin
6.8%
Net Margin
4.9%
Revenue YoY
1.9%
3.6%
Net Profit YoY
-19.3%
EPS (diluted)
$1.72

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
MSTR
MSTR
PLPC
PLPC
Q4 25
$123.0M
$173.1M
Q3 25
$128.7M
$178.1M
Q2 25
$114.5M
$169.6M
Q1 25
$111.1M
$148.5M
Q4 24
$120.7M
$167.1M
Q3 24
$116.1M
$147.0M
Q2 24
$111.4M
$138.7M
Q1 24
$115.2M
$140.9M
Net Profit
MSTR
MSTR
PLPC
PLPC
Q4 25
$8.4M
Q3 25
$2.8B
$2.6M
Q2 25
$10.0B
$12.7M
Q1 25
$-4.2B
$11.5M
Q4 24
$-670.8M
$10.5M
Q3 24
$-340.2M
$7.7M
Q2 24
$-102.6M
$9.4M
Q1 24
$-53.1M
$9.6M
Gross Margin
MSTR
MSTR
PLPC
PLPC
Q4 25
66.1%
29.8%
Q3 25
70.5%
29.7%
Q2 25
68.8%
32.7%
Q1 25
69.4%
32.8%
Q4 24
71.7%
33.3%
Q3 24
70.4%
31.1%
Q2 24
72.2%
31.9%
Q1 24
74.0%
31.3%
Operating Margin
MSTR
MSTR
PLPC
PLPC
Q4 25
6.8%
Q3 25
7.4%
Q2 25
10.1%
Q1 25
-5331.4%
8.8%
Q4 24
-842.1%
10.5%
Q3 24
-372.7%
7.1%
Q2 24
-179.7%
8.1%
Q1 24
-176.8%
8.2%
Net Margin
MSTR
MSTR
PLPC
PLPC
Q4 25
4.9%
Q3 25
2164.1%
1.5%
Q2 25
8752.7%
7.5%
Q1 25
-3797.2%
7.8%
Q4 24
-555.8%
6.3%
Q3 24
-293.1%
5.2%
Q2 24
-92.0%
6.8%
Q1 24
-46.1%
6.8%
EPS (diluted)
MSTR
MSTR
PLPC
PLPC
Q4 25
$1.72
Q3 25
$8.42
$0.53
Q2 25
$32.60
$2.56
Q1 25
$-16.49
$2.33
Q4 24
$4.49
$2.13
Q3 24
$-1.72
$1.54
Q2 24
$-0.57
$1.89
Q1 24
$-0.31
$1.94

Balance Sheet & Financial Strength

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

Metric
MSTR
MSTR
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$2.3B
Total DebtLower is stronger
$8.2B
$38.3M
Stockholders' EquityBook value
$44.1B
$475.5M
Total Assets
$61.6B
$653.6M
Debt / EquityLower = less leverage
0.19×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSTR
MSTR
PLPC
PLPC
Q4 25
$2.3B
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
Total Debt
MSTR
MSTR
PLPC
PLPC
Q4 25
$8.2B
$38.3M
Q3 25
$8.2B
$36.0M
Q2 25
$8.2B
$31.8M
Q1 25
$8.1B
$29.1M
Q4 24
$7.2B
$20.8M
Q3 24
$4.2B
$27.2M
Q2 24
$3.8B
$31.6M
Q1 24
$3.6B
$55.0M
Stockholders' Equity
MSTR
MSTR
PLPC
PLPC
Q4 25
$44.1B
$475.5M
Q3 25
$52.3B
$466.3M
Q2 25
$47.5B
$460.7M
Q1 25
$32.2B
$435.8M
Q4 24
$18.2B
$422.3M
Q3 24
$3.8B
$429.0M
Q2 24
$2.8B
$416.2M
Q1 24
$2.4B
$413.4M
Total Assets
MSTR
MSTR
PLPC
PLPC
Q4 25
$61.6B
$653.6M
Q3 25
$73.6B
$644.6M
Q2 25
$64.8B
$631.5M
Q1 25
$43.9B
$592.5M
Q4 24
$25.8B
$573.9M
Q3 24
$8.3B
$592.0M
Q2 24
$7.1B
$572.6M
Q1 24
$6.4B
$586.1M
Debt / Equity
MSTR
MSTR
PLPC
PLPC
Q4 25
0.19×
0.08×
Q3 25
0.16×
0.08×
Q2 25
0.17×
0.07×
Q1 25
0.25×
0.07×
Q4 24
0.39×
0.05×
Q3 24
1.12×
0.06×
Q2 24
1.36×
0.08×
Q1 24
1.48×
0.13×

Cash Flow & Capital Efficiency

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

Metric
MSTR
MSTR
PLPC
PLPC
Operating Cash FlowLast quarter
$21.9M
Free Cash FlowOCF − Capex
$11.8M
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
2.60×
TTM Free Cash FlowTrailing 4 quarters
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSTR
MSTR
PLPC
PLPC
Q4 25
$21.9M
Q3 25
$-8.3M
$18.9M
Q2 25
$-34.9M
$26.9M
Q1 25
$-2.4M
$5.7M
Q4 24
$-17.3M
$24.1M
Q3 24
$-41.0M
$9.4M
Q2 24
$-23.3M
$28.3M
Q1 24
$28.6M
$5.8M
Free Cash Flow
MSTR
MSTR
PLPC
PLPC
Q4 25
$11.8M
Q3 25
$-11.1M
$8.3M
Q2 25
$-37.0M
$18.6M
Q1 25
$-5.1M
$-5.3M
Q4 24
$-17.6M
$20.6M
Q3 24
$-41.4M
$5.8M
Q2 24
$-24.1M
$24.6M
Q1 24
$27.0M
$1.8M
FCF Margin
MSTR
MSTR
PLPC
PLPC
Q4 25
6.8%
Q3 25
-8.6%
4.7%
Q2 25
-32.3%
10.9%
Q1 25
-4.6%
-3.6%
Q4 24
-14.6%
12.3%
Q3 24
-35.7%
3.9%
Q2 24
-21.6%
17.7%
Q1 24
23.5%
1.3%
Capex Intensity
MSTR
MSTR
PLPC
PLPC
Q4 25
5.9%
Q3 25
2.2%
6.0%
Q2 25
1.8%
4.9%
Q1 25
2.5%
7.4%
Q4 24
0.2%
2.1%
Q3 24
0.4%
2.4%
Q2 24
0.6%
2.7%
Q1 24
1.3%
2.8%
Cash Conversion
MSTR
MSTR
PLPC
PLPC
Q4 25
2.60×
Q3 25
-0.00×
7.21×
Q2 25
-0.00×
2.12×
Q1 25
0.49×
Q4 24
2.30×
Q3 24
1.22×
Q2 24
3.02×
Q1 24
0.60×

Financial Flow Comparison

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

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