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

Strategy Inc is the larger business by last-quarter revenue ($123.0M vs $117.7M, roughly 1.0× Resolute Holdings Management, Inc.).

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...

Resolute Mining Limited is an Australian mining corporation focused on mining operations in Africa. It is currently operating two gold mines: the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal.

MSTR vs RHLD — Head-to-Head

Bigger by revenue
MSTR
MSTR
1.0× larger
MSTR
$123.0M
$117.7M
RHLD

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MSTR
MSTR
RHLD
RHLD
Revenue
$123.0M
$117.7M
Net Profit
$-1.7M
Gross Margin
66.1%
55.7%
Operating Margin
30.2%
Net Margin
-1.5%
Revenue YoY
1.9%
Net Profit YoY
EPS (diluted)
$-0.20

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
RHLD
RHLD
Q4 25
$123.0M
$117.7M
Q3 25
$128.7M
$120.9M
Q2 25
$114.5M
$119.6M
Q1 25
$111.1M
$103.9M
Q4 24
$120.7M
Q3 24
$116.1M
Q2 24
$111.4M
Q1 24
$115.2M
Net Profit
MSTR
MSTR
RHLD
RHLD
Q4 25
$-1.7M
Q3 25
$2.8B
$-231.0K
Q2 25
$10.0B
$-611.0K
Q1 25
$-4.2B
$-3.4M
Q4 24
$-670.8M
Q3 24
$-340.2M
Q2 24
$-102.6M
Q1 24
$-53.1M
Gross Margin
MSTR
MSTR
RHLD
RHLD
Q4 25
66.1%
55.7%
Q3 25
70.5%
59.0%
Q2 25
68.8%
57.5%
Q1 25
69.4%
52.5%
Q4 24
71.7%
Q3 24
70.4%
Q2 24
72.2%
Q1 24
74.0%
Operating Margin
MSTR
MSTR
RHLD
RHLD
Q4 25
30.2%
Q3 25
34.3%
Q2 25
34.0%
Q1 25
-5331.4%
24.7%
Q4 24
-842.1%
Q3 24
-372.7%
Q2 24
-179.7%
Q1 24
-176.8%
Net Margin
MSTR
MSTR
RHLD
RHLD
Q4 25
-1.5%
Q3 25
2164.1%
-0.2%
Q2 25
8752.7%
-0.5%
Q1 25
-3797.2%
-3.2%
Q4 24
-555.8%
Q3 24
-293.1%
Q2 24
-92.0%
Q1 24
-46.1%
EPS (diluted)
MSTR
MSTR
RHLD
RHLD
Q4 25
$-0.20
Q3 25
$8.42
$-0.03
Q2 25
$32.60
$-0.07
Q1 25
$-16.49
$-0.39
Q4 24
$4.49
Q3 24
$-1.72
Q2 24
$-0.57
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
MSTR
MSTR
RHLD
RHLD
Cash + ST InvestmentsLiquidity on hand
$2.3B
$205.5M
Total DebtLower is stronger
$8.2B
$169.8M
Stockholders' EquityBook value
$44.1B
$6.5M
Total Assets
$61.6B
$333.4M
Debt / EquityLower = less leverage
0.19×
26.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSTR
MSTR
RHLD
RHLD
Q4 25
$2.3B
$205.5M
Q3 25
$54.3M
$148.0M
Q2 25
$50.1M
$99.9M
Q1 25
$60.3M
$71.0M
Q4 24
$38.1M
Q3 24
$46.3M
Q2 24
$66.9M
Q1 24
$81.3M
Total Debt
MSTR
MSTR
RHLD
RHLD
Q4 25
$8.2B
$169.8M
Q3 25
$8.2B
$173.4M
Q2 25
$8.2B
$177.1M
Q1 25
$8.1B
$180.7M
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$3.8B
Q1 24
$3.6B
Stockholders' Equity
MSTR
MSTR
RHLD
RHLD
Q4 25
$44.1B
$6.5M
Q3 25
$52.3B
$10.8M
Q2 25
$47.5B
$9.6M
Q1 25
$32.2B
$8.9M
Q4 24
$18.2B
Q3 24
$3.8B
Q2 24
$2.8B
Q1 24
$2.4B
Total Assets
MSTR
MSTR
RHLD
RHLD
Q4 25
$61.6B
$333.4M
Q3 25
$73.6B
$293.2M
Q2 25
$64.8B
$253.3M
Q1 25
$43.9B
$214.3M
Q4 24
$25.8B
Q3 24
$8.3B
Q2 24
$7.1B
Q1 24
$6.4B
Debt / Equity
MSTR
MSTR
RHLD
RHLD
Q4 25
0.19×
26.03×
Q3 25
0.16×
16.01×
Q2 25
0.17×
18.42×
Q1 25
0.25×
20.38×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.36×
Q1 24
1.48×

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
RHLD
RHLD
Operating Cash FlowLast quarter
$196.1M
Free Cash FlowOCF − Capex
$189.2M
FCF MarginFCF / Revenue
160.8%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$313.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSTR
MSTR
RHLD
RHLD
Q4 25
$196.1M
Q3 25
$-8.3M
$59.6M
Q2 25
$-34.9M
$48.9M
Q1 25
$-2.4M
$18.4M
Q4 24
$-17.3M
Q3 24
$-41.0M
Q2 24
$-23.3M
Q1 24
$28.6M
Free Cash Flow
MSTR
MSTR
RHLD
RHLD
Q4 25
$189.2M
Q3 25
$-11.1M
$58.6M
Q2 25
$-37.0M
$47.5M
Q1 25
$-5.1M
$17.8M
Q4 24
$-17.6M
Q3 24
$-41.4M
Q2 24
$-24.1M
Q1 24
$27.0M
FCF Margin
MSTR
MSTR
RHLD
RHLD
Q4 25
160.8%
Q3 25
-8.6%
48.5%
Q2 25
-32.3%
39.7%
Q1 25
-4.6%
17.1%
Q4 24
-14.6%
Q3 24
-35.7%
Q2 24
-21.6%
Q1 24
23.5%
Capex Intensity
MSTR
MSTR
RHLD
RHLD
Q4 25
5.8%
Q3 25
2.2%
0.8%
Q2 25
1.8%
1.2%
Q1 25
2.5%
0.6%
Q4 24
0.2%
Q3 24
0.4%
Q2 24
0.6%
Q1 24
1.3%
Cash Conversion
MSTR
MSTR
RHLD
RHLD
Q4 25
Q3 25
-0.00×
Q2 25
-0.00×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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