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Side-by-side financial comparison of Strategy Inc (MSTR) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $123.0M, roughly 1.6× Strategy Inc). On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 1.9%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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...

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

MSTR vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.6× larger
PSIX
$191.2M
$123.0M
MSTR
Growing faster (revenue YoY)
PSIX
PSIX
+30.6% gap
PSIX
32.5%
1.9%
MSTR
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
3.3%
MSTR

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MSTR
MSTR
PSIX
PSIX
Revenue
$123.0M
$191.2M
Net Profit
$16.1M
Gross Margin
66.1%
21.9%
Operating Margin
12.7%
Net Margin
8.4%
Revenue YoY
1.9%
32.5%
Net Profit YoY
-31.0%
EPS (diluted)
$0.69

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
PSIX
PSIX
Q4 25
$123.0M
$191.2M
Q3 25
$128.7M
$203.8M
Q2 25
$114.5M
$191.9M
Q1 25
$111.1M
$135.4M
Q4 24
$120.7M
$144.3M
Q3 24
$116.1M
$125.8M
Q2 24
$111.4M
$110.6M
Q1 24
$115.2M
$95.2M
Net Profit
MSTR
MSTR
PSIX
PSIX
Q4 25
$16.1M
Q3 25
$2.8B
$27.6M
Q2 25
$10.0B
$51.2M
Q1 25
$-4.2B
$19.1M
Q4 24
$-670.8M
$23.3M
Q3 24
$-340.2M
$17.3M
Q2 24
$-102.6M
$21.5M
Q1 24
$-53.1M
$7.1M
Gross Margin
MSTR
MSTR
PSIX
PSIX
Q4 25
66.1%
21.9%
Q3 25
70.5%
23.9%
Q2 25
68.8%
28.2%
Q1 25
69.4%
29.7%
Q4 24
71.7%
29.9%
Q3 24
70.4%
28.9%
Q2 24
72.2%
31.8%
Q1 24
74.0%
27.0%
Operating Margin
MSTR
MSTR
PSIX
PSIX
Q4 25
12.7%
Q3 25
13.9%
Q2 25
16.9%
Q1 25
-5331.4%
18.2%
Q4 24
-842.1%
17.5%
Q3 24
-372.7%
16.3%
Q2 24
-179.7%
22.9%
Q1 24
-176.8%
11.2%
Net Margin
MSTR
MSTR
PSIX
PSIX
Q4 25
8.4%
Q3 25
2164.1%
13.5%
Q2 25
8752.7%
26.7%
Q1 25
-3797.2%
14.1%
Q4 24
-555.8%
16.1%
Q3 24
-293.1%
13.8%
Q2 24
-92.0%
19.5%
Q1 24
-46.1%
7.5%
EPS (diluted)
MSTR
MSTR
PSIX
PSIX
Q4 25
$0.69
Q3 25
$8.42
$1.20
Q2 25
$32.60
$2.22
Q1 25
$-16.49
$0.83
Q4 24
$4.49
$1.01
Q3 24
$-1.72
$0.75
Q2 24
$-0.57
$0.94
Q1 24
$-0.31
$0.31

Balance Sheet & Financial Strength

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

Metric
MSTR
MSTR
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$2.3B
$41.3M
Total DebtLower is stronger
$8.2B
$96.6M
Stockholders' EquityBook value
$44.1B
$178.6M
Total Assets
$61.6B
$424.7M
Debt / EquityLower = less leverage
0.19×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSTR
MSTR
PSIX
PSIX
Q4 25
$2.3B
$41.3M
Q3 25
$54.3M
$49.0M
Q2 25
$50.1M
$49.5M
Q1 25
$60.3M
$50.0M
Q4 24
$38.1M
$55.3M
Q3 24
$46.3M
$40.5M
Q2 24
$66.9M
$28.8M
Q1 24
$81.3M
$33.1M
Total Debt
MSTR
MSTR
PSIX
PSIX
Q4 25
$8.2B
$96.6M
Q3 25
$8.2B
$96.7M
Q2 25
$8.2B
$1.8M
Q1 25
$8.1B
$1.0M
Q4 24
$7.2B
$184.0K
Q3 24
$4.2B
$238.0K
Q2 24
$3.8B
$292.0K
Q1 24
$3.6B
$345.0K
Stockholders' Equity
MSTR
MSTR
PSIX
PSIX
Q4 25
$44.1B
$178.6M
Q3 25
$52.3B
$162.5M
Q2 25
$47.5B
$135.7M
Q1 25
$32.2B
$84.3M
Q4 24
$18.2B
$65.3M
Q3 24
$3.8B
$42.1M
Q2 24
$2.8B
$24.8M
Q1 24
$2.4B
$3.2M
Total Assets
MSTR
MSTR
PSIX
PSIX
Q4 25
$61.6B
$424.7M
Q3 25
$73.6B
$458.9M
Q2 25
$64.8B
$437.7M
Q1 25
$43.9B
$372.7M
Q4 24
$25.8B
$328.2M
Q3 24
$8.3B
$339.1M
Q2 24
$7.1B
$307.6M
Q1 24
$6.4B
$286.8M
Debt / Equity
MSTR
MSTR
PSIX
PSIX
Q4 25
0.19×
0.54×
Q3 25
0.16×
0.60×
Q2 25
0.17×
0.01×
Q1 25
0.25×
0.01×
Q4 24
0.39×
0.00×
Q3 24
1.12×
0.01×
Q2 24
1.36×
0.01×
Q1 24
1.48×
0.11×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-4.0%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSTR
MSTR
PSIX
PSIX
Q4 25
$-4.6M
Q3 25
$-8.3M
$3.3M
Q2 25
$-34.9M
$16.7M
Q1 25
$-2.4M
$8.8M
Q4 24
$-17.3M
$32.7M
Q3 24
$-41.0M
$12.6M
Q2 24
$-23.3M
$1.5M
Q1 24
$28.6M
$15.6M
Free Cash Flow
MSTR
MSTR
PSIX
PSIX
Q4 25
$-7.6M
Q3 25
$-11.1M
$1.7M
Q2 25
$-37.0M
$14.6M
Q1 25
$-5.1M
$5.4M
Q4 24
$-17.6M
$30.0M
Q3 24
$-41.4M
$12.1M
Q2 24
$-24.1M
$822.0K
Q1 24
$27.0M
$14.8M
FCF Margin
MSTR
MSTR
PSIX
PSIX
Q4 25
-4.0%
Q3 25
-8.6%
0.8%
Q2 25
-32.3%
7.6%
Q1 25
-4.6%
4.0%
Q4 24
-14.6%
20.8%
Q3 24
-35.7%
9.7%
Q2 24
-21.6%
0.7%
Q1 24
23.5%
15.6%
Capex Intensity
MSTR
MSTR
PSIX
PSIX
Q4 25
1.6%
Q3 25
2.2%
0.8%
Q2 25
1.8%
1.1%
Q1 25
2.5%
2.5%
Q4 24
0.2%
1.8%
Q3 24
0.4%
0.3%
Q2 24
0.6%
0.6%
Q1 24
1.3%
0.9%
Cash Conversion
MSTR
MSTR
PSIX
PSIX
Q4 25
-0.29×
Q3 25
-0.00×
0.12×
Q2 25
-0.00×
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSTR
MSTR

Segment breakdown not available.

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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