Strategy Inc (MSTR) Income statement
Top 20 of 27 line items reported by MSTR · 250+ in the full API →
Strategy Inc (MSTR) · Income Statement
Consolidated Statements of Operations
Annual · In millions USD, except per-share data · Latest filed Feb 19, 2026 · FY ends Dec 31
| Fiscal Years Ended | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Revenue | $477 | $463 | $496 | $499 | |
| Cost of Revenue | 149 | 129 | 110 | 103 | |
| Gross Profit | $328 | $334 | $386 | $396 | |
| Other Operating Expenses | 5,772 | 2,187 | 501 | 1,672 | |
| Depreciation & Amortization | 6 | 6 | 6 | 7 | |
| Total Operating Expenses | 5,772 | 2,187 | 501 | 1,672 | |
| Operating Income | $(5,444) | $(1,853) | $(115) | $(1,276) | |
| EBIT (Earnings Before Interest & Tax) | (5,444) | (1,853) | (115) | (1,276) | |
| Add: Depreciation & Amortization | 50 | 30 | 23 | 15 | |
| EBITDA (Non-GAAP) | $(5,394) | $(1,823) | $(92) | $(1,260) | |
| Interest Income | (65) | (62) | (49) | (53) | |
| Interest Expense | -60 | -36 | -12 | -53 | |
| Foreign Exchange Gain (Loss) | (17) | 3 | (6) | 6 | |
| Non-Operating Income (Expense) | $(142) | $(95) | $(67) | $(100) | |
| Income Before Taxes (EBT) | $(5,526) | $(1,934) | $(125) | $(1,322) | |
| Provision for Income Taxes | (1,678) | (768) | (554) | 147 | |
| Effective Tax Rate | 30.4% | 39.7% | 444.6% | (11.1%) | |
| Net Income | $(3,848) | $(1,167) | $429 | $(1,470) | |
| Shares Outstanding | 278 | 193 | 137 | 113 | |
| Diluted Earnings Per Share | ($15.23) | ($6.06) | $2.64 | ($12.98) | |
7 more line items available via the API
Research & DevelopmentSales, General & AdministrativeAsset Impairment ChargesDiluted Shares OutstandingBasic Earnings Per ShareOther OpEx MarginNet Margin
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