vs
Strive, Inc.（ASST）与微策略（MSTR）财务数据对比。点击上方公司名可切换其他公司
微策略的季度营收约是Strive, Inc.的504.7倍（$128.7M vs $255.0K）。微策略净利率更高（2164.1% vs -75406.7%，领先77570.8%）。微策略同比增速更快（10.9% vs -74.1%）。过去两年Strive, Inc.的营收复合增速更高（105.9% vs 1.7%）
斯特赖夫资产管理是一家2022年成立的美国投资管理机构，总部位于俄亥俄州哥伦布市，是斯特赖夫企业股份有限公司旗下子公司。该机构提供共同基金、交易所交易产品以及财富管理服务，是美国证监会注册的投资顾问。
Strategy Inc（原名为微策略）是1989年成立的美国上市企业，主营商业智能与移动软件业务，旗下产品可帮助企业分析内外部数据以支撑经营决策，还可用于移动应用开发，总部位于弗吉尼亚州泰森斯角，商业分析赛道核心竞品包括SAP等。
ASST vs MSTR — 直观对比
营收规模更大
MSTR
是对方的504.7倍
$255.0K
营收增速更快
MSTR
高出85.0%
-74.1%
净利率更高
MSTR
高出77570.8%
-75406.7%
两年增速更快
ASST
近两年复合增速
1.7%
损益表 — Q3 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $255.0K | $128.7M |
| 净利润 | $-192.3M | $2.8B |
| 毛利率 | — | 70.5% |
| 营业利润率 | -17288.6% | — |
| 净利率 | -75406.7% | 2164.1% |
| 营收同比 | -74.1% | 10.9% |
| 净利润同比 | -2726.9% | 918.7% |
| 每股收益（稀释后） | $-0.22 | $8.42 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ASSTMSTR
| Q3 25 | $255.0K | $128.7M | ||
| Q2 25 | $173.3K | $114.5M | ||
| Q1 25 | $170.7K | $111.1M | ||
| Q4 24 | $212.8K | $120.7M | ||
| Q3 24 | — | $116.1M | ||
| Q2 24 | $93.0K | $111.4M | ||
| Q1 24 | $124.8K | $115.2M | ||
| Q4 23 | $80.9K | $124.5M |
净利润ASSTMSTR
| Q3 25 | $-192.3M | $2.8B | ||
| Q2 25 | $-8.9M | $10.0B | ||
| Q1 25 | $-3.7M | $-4.2B | ||
| Q4 24 | $-4.1M | $-670.8M | ||
| Q3 24 | — | $-340.2M | ||
| Q2 24 | $-5.9M | $-102.6M | ||
| Q1 24 | $-4.8M | $-53.1M | ||
| Q4 23 | $-1.3M | $89.1M |
毛利率ASSTMSTR
| 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% |
营业利润率ASSTMSTR
| Q3 25 | -17288.6% | — | ||
| Q2 25 | -1553.9% | — | ||
| Q1 25 | -970.5% | -5331.4% | ||
| Q4 24 | -5889.5% | -842.1% | ||
| Q3 24 | — | -372.7% | ||
| Q2 24 | -1857.2% | -179.7% | ||
| Q1 24 | -1110.9% | -176.8% | ||
| Q4 23 | -1667.7% | -34.4% |
净利率ASSTMSTR
| Q3 25 | -75406.7% | 2164.1% | ||
| Q2 25 | -5122.4% | 8752.7% | ||
| Q1 25 | -2195.6% | -3797.2% | ||
| Q4 24 | -1935.5% | -555.8% | ||
| Q3 24 | — | -293.1% | ||
| Q2 24 | -6313.1% | -92.0% | ||
| Q1 24 | -3837.7% | -46.1% | ||
| Q4 23 | -1667.7% | 71.6% |
每股收益（稀释后）ASSTMSTR
| Q3 25 | $-0.22 | $8.42 | ||
| Q2 25 | $-0.17 | $32.60 | ||
| Q1 25 | $-0.13 | $-16.49 | ||
| Q4 24 | $-5.62 | $4.49 | ||
| Q3 24 | — | $-1.72 | ||
| Q2 24 | $-0.58 | $-5.74 | ||
| Q1 24 | $-0.49 | $-3.09 | ||
| Q4 23 | $-0.88 | $3.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $109.1M | $54.3M |
| 总债务越低越好 | — | $8.2B |
| 股东权益账面价值 | $779.4M | $52.3B |
| 总资产 | $792.6M | $73.6B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资ASSTMSTR
| Q3 25 | $109.1M | $54.3M | ||
| Q2 25 | $2.5M | $50.1M | ||
| Q1 25 | $4.2M | $60.3M | ||
| Q4 24 | $6.2M | $38.1M | ||
| Q3 24 | — | $46.3M | ||
| Q2 24 | $1.9M | $66.9M | ||
| Q1 24 | $1.9M | $81.3M | ||
| Q4 23 | $2.9M | $46.8M |
总债务ASSTMSTR
| 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 |
股东权益ASSTMSTR
| Q3 25 | $779.4M | $52.3B | ||
| Q2 25 | $10.7M | $47.5B | ||
| Q1 25 | $19.6M | $32.2B | ||
| Q4 24 | $23.3M | $18.2B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | $5.4M | $2.8B | ||
| Q1 24 | $11.3M | $2.4B | ||
| Q4 23 | $16.1M | $2.2B |
总资产ASSTMSTR
| Q3 25 | $792.6M | $73.6B | ||
| Q2 25 | $3.3M | $64.8B | ||
| Q1 25 | $5.0M | $43.9B | ||
| Q4 24 | $28.2M | $25.8B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | $2.4M | $7.1B | ||
| Q1 24 | $2.1M | $6.4B | ||
| Q4 23 | $3.1M | $4.8B |
负债/权益比ASSTMSTR
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-14.0M | $-8.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-11.1M |
| 自由现金流率自由现金流/营收 | — | -8.6% |
| 资本支出强度资本支出/营收 | 0.0% | 2.2% |
| 现金转化率经营现金流/净利润 | — | -0.00× |
| 过去12个月自由现金流最近4个季度 | — | $-70.8M |
8季度趋势，按日历期对齐
经营现金流ASSTMSTR
| Q3 25 | $-14.0M | $-8.3M | ||
| Q2 25 | $-1.7M | $-34.9M | ||
| Q1 25 | $-1.6M | $-2.4M | ||
| Q4 24 | $-6.1M | $-17.3M | ||
| Q3 24 | — | $-41.0M | ||
| Q2 24 | $-1.3M | $-23.3M | ||
| Q1 24 | $-1.0M | $28.6M | ||
| Q4 23 | $-854.1K | $1.2M |
自由现金流ASSTMSTR
| Q3 25 | — | $-11.1M | ||
| Q2 25 | — | $-37.0M | ||
| Q1 25 | — | $-5.1M | ||
| Q4 24 | $-6.2M | $-17.6M | ||
| Q3 24 | — | $-41.4M | ||
| Q2 24 | $-1.3M | $-24.1M | ||
| Q1 24 | $-1.1M | $27.0M | ||
| Q4 23 | — | $837.0K |
自由现金流率ASSTMSTR
| Q3 25 | — | -8.6% | ||
| Q2 25 | — | -32.3% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | -2937.1% | -14.6% | ||
| Q3 24 | — | -35.7% | ||
| Q2 24 | -1379.4% | -21.6% | ||
| Q1 24 | -844.7% | 23.5% | ||
| Q4 23 | — | 0.7% |
资本支出强度ASSTMSTR
| Q3 25 | 0.0% | 2.2% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | 82.7% | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | 3.1% | 0.6% | ||
| Q1 24 | 9.5% | 1.3% | ||
| Q4 23 | — | 0.3% |
现金转化率ASSTMSTR
| Q3 25 | — | -0.00× | ||
| Q2 25 | — | -0.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | 0.01× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ASST
暂无分部数据
MSTR
| Current Deferred Revenue And Advanced Payments | $52.2M | 41% |
| Subscription And Circulation | $46.0M | 36% |
| License | $17.4M | 13% |
| Technology Service | $14.2M | 11% |
