Strategy Inc
STRCFinance & insurancemicrostrategy.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 2, 2026
Revenue
$125.43M
▼ -2.5% vs prior year YoY
Net income
$19.53B
▲ +601.4% vs prior year YoY
EPS
44.75$
▲ +431.5% vs prior year YoY
Net margin
15573.2%
▲ +13409.1 pp vs prior year YoY
Revenue▼ -2.5%
Margins (% of revenue)GrossOperatingNet
Net income▲ +601.4%
EPS▲ +431.5%
Financial statements
View 10-Q filed November 2, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $120.70M | $111.07M | $114.49M | $128.69M | $122.99M | $124.30M | $122.37M | $125.43M | ▼ -2.5% |
| Gross profit | $86.53M | $77.09M | $78.74M | $90.68M | $81.31M | $83.35M | $81.55M | $89.63M | ▼ -1.2% |
| Operating income | −$1.02B | −$5.92B | $14.03B | $3.89B | −$17.45B | −$14.47B | −$8.33B | $20.91B | ▲ +437.4% |
| Net income | −$670.81M | −$4.22B | $10.02B | $2.79B | −$12.44B | −$12.54B | −$8.22B | $19.53B | ▲ +601.4% |
| R&D | $25.69M | $24.42M | $24.07M | $22.60M | $22.76M | $24.66M | $23.10M | $24.06M | ▲ +6.5% |
| EPS (diluted) | — | -16.49 $ | 32.60 $ | 8.42 $ | — | -38.25 $ | -24.45 $ | 44.75 $ | ▲ +431.5% |
| Margins (% of revenue) | |||||||||
| Gross | 71.7 % | 69.4 % | 68.8 % | 70.5 % | 66.1 % | 67.1 % | 66.6 % | 71.5 % | ▲ +1.0 pt |
| Operating | -842.1 % | -5331.4 % | 12256.3 % | 3023.4 % | -14185.0 % | -11641.5 % | -6808.1 % | 16670.9 % | ▲ +13647.5 pt |
| Net | -555.8 % | -3797.2 % | 8752.7 % | 2164.1 % | -10112.1 % | -10090.6 % | -6717.1 % | 15573.2 % | ▲ +13409.1 pt |
| Balance sheet | |||||||||
| Assets | $25.84B | $43.92B | $64.77B | $73.62B | $61.64B | $54.27B | $52.56B | $77.15B | ▲ +4.8% |
| Liabilities | $7.61B | $11.70B | $17.30B | $15.50B | $10.60B | $8.63B | $7.24B | $8.65B | ▼ -44.2% |
| Equity | $18.23B | $32.22B | $47.48B | $52.33B | $44.12B | $36.65B | $30.89B | $55.44B | ▲ +5.9% |
| Cash | $38.12M | $60.30M | $50.09M | $54.28M | $2.30B | $2.21B | $1.71B | $2.50B | ▲ +4508.0% |
| Capital | |||||||||
| Shares outstandingnever filed | — | — | — | — | — | — | — | — | — |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.