MARKETS / NASDAQ / MSTR
NASDAQ · FINANCE SERVICES · LARGE CAP

Strategy Inc. MSTR

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$477.2M
▲ 3.0% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-12.3%
Net margin · FY25
-806.3%
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 477.2M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.20.40.60.5-3.82009201220152018202120242025
0.20.40.60.5-3.82016201920222025

The company lost 806 cents on every revenue dollar this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.22009201220152018202120242025
0.40.81.22016201920222025

The company pays no cash dividend.

Profitability
-12.3%
Return on equity, FY2025
ROE
204060-12.3%2009201220152018202120242025
204060-12.3%2016201920222025
Operating margin-1140.8%
Net margin-806.3%
Return on assets-8.8%

Each USD of equity lost 12 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−0.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−1.5%
−0.1%
−1.0%
+0.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 61.6B
total assets, end of FY2025
Total assetsUSD 61.6B
EquityUSD 44.1B
CashUSD 2.3B
Gross debtUSD 8.2B
Net debtUSD 5.9B
Current ratio5.62×

Net debt stands at 13% of equity.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.6
0.6
0.6
0.5
0.5
0.4
Operating income $B
−5.4
−1.9
−0.1
−1.3
−0.8
−0.0
−0.0
0.0
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.1
EBITDA $B
−5.4
−1.8
−0.1
−1.3
−0.8
−0.0
0.0
0.0
0.1
0.1
0.2
0.0
0.0
0.1
0.0
0.1
0.1
Income tax $B
−1.7
−0.8
−0.6
0.1
−0.3
−0.0
0.0
−0.0
0.1
0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
Net income $B
−3.8
−1.2
0.4
−1.5
−0.5
−0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.0
0.0
0.0
0.1
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−12.3
−11.4
48.2
−493.4
−75.1
−1.6
6.6
4.0
3.1
18.1
27.2
1.6
32.6
11.1
11.3
24.1
34.9
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
66 of 66
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed