Strategy Inc Common Stock Class A (MSTR) Financials
Key financial figures for Strategy Inc Common Stock Class A (Q3 2026).
Strategy reported Q3 2026 operating income of $20.91 billion and diluted EPS of $44.75, driven by a $20.91 billion gain on digital assets; it held 847,666 BTC at September 30, 2026. Bitcoin marks drove the swing. Operating income was $20.91 billion versus $3.89 billion a year earlier, and the gain on digital assets was $20.91 billion versus $3.89 billion. Net income was $19.53 billion ($44.75 diluted EPS) versus $2.79 billion ($8.42), after the Q2 2026 net loss of $8.22 billion. Software was flat to slightly lower. Total revenues were $125.4 million versus $128.7 million (down 3%); gross profit was $89.6 million at a 71% margin versus $90.7 million at 70%. On the outlook: The release carried no earnings or revenue guidance. It states Strategy expects distributions on its preferred equity to be treated as non-taxable return of capital for the foreseeable future (ten years or more), and that it has maintained the STRC dividend rate at 12.00%. Figures are for Q3 2026, as Strategy (formerly MicroStrategy) reported them.
- Revenue
- $125M
- Net Income
- $19.5B
- EPS
- $47.78
- Total Assets
- $77.2B
- Operating Cash Flow
- $4M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $125M | $19.5B | $44.75 | 16670.89% | $4M |
| Q2 FY2026 | $122M | -$8.2B | -$24.45 | -6808.11% | -$6.4B |
| Q1 FY2026 | $124M | -$12.5B | -$38.25 | -11641.53% | -$7.2B |
| Q4 FY2025 | $123M | -$12.4B | -$42.93 | -14184.97% | -$3.1B |
| Q3 FY2025 | $129M | $2.8B | $8.42 | 3023.4% | -$5.0B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $477M | -$3.8B | -$15.23 | -1140.82% | -$22.6B |
| FY2024 | $463M | -$1.2B | -$6.06 | -399.82% | -$22.1B |
| FY2023 | $496M | $429M | $2.64 | -23.18% | -$1.9B |
Frequently asked questions
What was Strategy (formerly MicroStrategy)'s revenue last quarter?
Strategy (formerly MicroStrategy) reported revenue of $125.4 million for Q3 FY2026, down 2.5% from the same period a year earlier.
Is Strategy (formerly MicroStrategy) profitable?
Yes. Strategy (formerly MicroStrategy) reported net income of $19.53 billion for Q3 FY2026, a net margin of 15573.18% on revenue.
How has Strategy (formerly MicroStrategy)'s margin trended?
Operating margin was 16670.89% in Q3 FY2026, compared with 3023.4% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Strategy (formerly MicroStrategy) generate?
Strategy (formerly MicroStrategy) generated free cash flow of $4.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Strategy Inc Common Stock Class A on SentiSense, with up to forty quarters and twenty fiscal years of history.