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Strategy Inc
STRC · NasdaqGS
trade.xyz perp price (HIP-3, Hyperliquid), not the security's own quote. Updated 2026-08-18 09:05:02 UTC.
Key figures
Profile
| Sector | Technology |
| Country | United States |
| Employees | 1,539 |
Leadership
- Mr. Michael J. Saylor — Executive Chairman
- Mr. Phong Q. Le — President, CEO & Director
- Mr. Andrew Kang — Executive VP, CFO & Principal Accounting Officer
- Mr. Thomas C. Chow Esq. — Executive VP, General Counsel & Corporate Secretary
- Mr. Reza Virasteh — Executive Vice President of Operations
Description
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
Issuer profile: yahoo finance (yfinance). Board price: TradFi screener. Market cap, P/E and the 52-week range: stockanalysis.com, re-read daily.
Issuer financials
What the company reports, next to what the desk trades. Statements come from Yahoo Finance and are printed in the currency the issuer reports in.
Statements are in USD, the currency this issuer reports in. The perp price at the top of this page is a USDC quote on trade.xyz: the same unit, a different thing.
From revenue to profit
The income statement for the latest quarterly period, ending 2026-06-30. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | $122.4M | $40.8M | $81.5M | $23.1M | $74.0M | −$15.6M | −$8.2B |
| 2026-03-31 | $124.3M | $40.9M | $83.4M | $24.7M | $73.6M | −$14.9M | −$12.5B |
| 2025-12-31 | $123.0M | $41.7M | $81.3M | $22.8M | $68.5M | −$10.0M | −$12.4B |
| 2025-09-30 | $128.7M | $38.0M | $90.7M | $22.6M | $68.1M | −$5.0K | $2.8B |
| 2025-06-30 | $114.5M | $35.8M | $78.7M | $24.1M | $70.2M | −$15.5M | $10.0B |
The income statement for the latest annual period, ending 2025-12-31. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | $477.2M | $149.4M | $327.8M | $93.9M | $274.9M | −$40.9M | −$3.8B |
| 2024-12-31 | $463.5M | $129.5M | $334.0M | $118.5M | $278.6M | −$63.1M | −$1.2B |
| 2023-12-31 | $496.3M | $109.9M | $386.3M | $120.5M | $265.0M | $804.0K | $429.1M |
| 2022-12-31 | $499.3M | $103.0M | $396.3M | $127.4M | $258.3M | $10.5M | −$1.5B |
Balance sheet
Assets, liabilities and equity at the end of each period. Click a name in the legend to drop that line.
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2026-06-30 | $52.6B | $7.2B | $45.3B |
| 2026-03-31 | $54.3B | $8.6B | $45.6B |
| 2025-12-31 | $61.6B | $10.6B | $51.0B |
| 2025-09-30 | $73.6B | $15.5B | $58.1B |
| 2025-06-30 | $64.8B | $14.4B | $50.4B |
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2025-12-31 | $61.6B | $10.6B | $51.0B |
| 2024-12-31 | $25.8B | $7.6B | $18.2B |
| 2023-12-31 | $4.8B | $2.6B | $2.2B |
| 2022-12-31 | $2.4B | $2.8B | −$383.1M |
Cash flow
Cash the business produced and where it went. Capital spending is negative because it leaves.
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2026-06-30 | −$4.1M | −$6.4B | −$6.4B | −$495.0M |
| 2026-03-31 | $14.0M | −$7.2B | −$7.3B | −$91.7M |
| 2025-12-31 | −$21.6M | −$3.1B | −$3.1B | $2.3B |
| 2025-09-30 | −$8.3M | −$5.0B | −$5.0B | $4.2M |
| 2025-06-30 | −$34.9M | −$6.8B | −$6.8B | −$12.1M |
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2025-12-31 | −$67.2M | −$22.6B | −$22.5B | $2.3B |
| 2024-12-31 | −$53.0M | −$22.1B | −$22.1B | −$6.6M |
| 2023-12-31 | $12.7M | −$1.9B | −$1.9B | −$2.6M |
| 2022-12-31 | $3.2M | −$287.2M | −$290.4M | −$10.2M |
Margins
Margin per period is computed here from two published lines: gross profit over revenue, operating income over revenue, net income over revenue. The source publishes only trailing twelve-month ratios, which are in the table below. A period with no revenue gets no point.
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2026-06-30 | 66.6% | −12.7% | −6,717.1% |
| 2026-03-31 | 67.1% | −12.0% | −10,090.6% |
| 2025-12-31 | 66.1% | −8.1% | −10,112.1% |
| 2025-09-30 | 70.5% | −0.0% | 2,164.1% |
| 2025-06-30 | 68.8% | −13.6% | 8,752.7% |
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2025-12-31 | 68.7% | −8.6% | −806.3% |
| 2024-12-31 | 72.1% | −13.6% | −251.7% |
| 2023-12-31 | 77.8% | 0.2% | 86.5% |
| 2022-12-31 | 79.4% | 2.1% | −294.4% |
Trailing ratios
Trailing twelve months, as the source states them. Not per period and not comparable with the chart above.
| Measure | Value |
|---|---|
| Gross margin | 67.60% |
| Operating margin | −6,808.11% |
| EBITDA margin | 0.00% |
| Net margin | 0.00% |
| Return on assets | −38.73% |
| Return on equity | −63.56% |
| Revenue growth | 6.90% |
| Debt to equity | 14.94% |
| Current ratio | 5.39 |
| Quick ratio | 5.22 |
| Cash | $2.4B |
| Debt | $6.8B |
| Revenue | $498.3M |
| EBITDA | −$36.4B |
| Operating cash flow | −$20.1M |
| Free cash flow | −$22.6B |
Analyst recommendations
The source carries no analyst ratings for this market.
Next earnings
| Measure | Value |
|---|---|
| Date | 2026-08-06 |
| Revenue estimate | $129.1M |
The date is confirmed by the source, not estimated. Date read from yahoo finance (cli). The two transports disagree by a day on purpose: one answers in exchange-local time, the other in UTC, so the date and its flag always travel together from the same answer.
Statements read 2026-08-13. Source: yahoo finance (yfinance).