The financials
Strategy Inc by the numbers
Strategy Inc (MSTR) reported revenue of $122M in Q2 2026 (quarter ended June 30, 2026), up 6.9% from the same quarter a year earlier. That came with a gross margin of 67% and net loss of $8.22B. For the full year FY2025, revenue was $477M (+3.0% year on year) and net income −$3.85B. Its largest product in 2026-Q1 was Subscription And Circulation at $59M, 47% of the disclosed total, just ahead of Product Support at 36%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $122M | $114M | +6.9% |
| Gross profit | $82M | $79M | +3.6% |
| Operating income | −$8.33B | $14.0B | to a loss |
| Net income | −$8.22B | $10.0B | to a loss |
| Diluted EPS | −$24.45 | $32.60 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Subscription And Circulation | $59M | 47% |
| Product Support | $44M | 36% |
| Service Other | $16M | 13% |
| License | $5.5M | 4.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $124.3M (-3.4%)
Subscription And Circulation grew +59% year on yearLicense -24% year on year
Segment Latestquarter on quarteryear on year
- Subscription And Circulation$58.9M$58.9MQoQ +28%year on year +59%+28%+59%
- Product Support$44.2M$44.2MQoQ -year on year -16%--16%
- Service Other$15.7M$15.7MQoQ -year on year +11%-+11%
- License$5.5M$5.5MQoQ -68%year on year -24%-68%-24%
- Maintenance--QoQ -year on year ---
- Technology Service--QoQ -year on year ---
Software - Application
Ranks #90 of 90 by Smart Score