Strategy Inc (MSTR) Earnings History
Annual and quarterly earnings data from 1997 to 2025
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MSTR EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MSTR Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 68.7% | -1140.8% | -844.8% |
| 2024 | 72.1% | -399.8% | -251.7% |
| 2023 | 77.8% | -23.2% | 86.5% |
| 2022 | 79.4% | -255.5% | -294.4% |
| 2021 | 82.0% | -153.6% | -104.8% |
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Strategy Inc (MSTR) Earnings Overview
As of May 7, 2026, Strategy Inc (MSTR) reported trailing twelve-month net income of -$12.59B, reflecting -151.3% year-over-year growth. The company earned $-37.69 per diluted share over the past four quarters, with a net profit margin of -844.8%.
Looking at the long-term picture, MSTR's historical earnings data spans multiple years. The company achieved its highest annual net income of $429M in fiscal 2023.
Strategy Inc is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including COIN ($3.22B net income, 19.0% margin), MARA (-$1.31B net income, -144.6% margin), RIOT (-$867M net income, -102.4% margin), MSTR has room to improve margins relative to the peer group. Compare MSTR vs COIN →
MSTR Earnings vs Peers
Earnings metrics vs comparable public companies
MSTR Historical Earnings Data (1997–2025)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$4.03B | -245.6% | -$5.44B | $-15.23 | -844.8% | -1140.8% |
| 2024 | -$1.17B | -371.9% | -$1.85B | $-6.06 | -251.7% | -399.8% |
| 2023 | $429M | +129.2% | -$115M | $2.64 | 86.5% | -23.2% |
| 2022 | -$1.47B | -174.5% | -$1.28B | $-12.98 | -294.4% | -255.5% |
| 2021 | -$535M | -7017.0% | -$785M | $-5.34 | -104.8% | -153.6% |
| 2020 | -$8M | -121.9% | -$14M | $-0.08 | -1.6% | -2.8% |
| 2019 | $34M | +52.7% | -$1M | $0.33 | 7.1% | -0.2% |
| 2018 | $23M | +23.7% | $4M | $0.20 | 4.5% | 0.8% |
| 2017 | $18M | -80.3% | $73M | $0.16 | 3.6% | 14.5% |
| 2016 | $92M | -12.9% | $110M | $0.80 | 18.0% | 21.3% |
Full MSTR Stock Analysis
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View ValuationCompare MSTR vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonMSTR — Frequently Asked Questions
Quick answers to the most common questions about buying MSTR stock.
Is MSTR growing earnings?
MSTR EPS fell to $-37.69, with earnings declining -151.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-12.6B.
What are MSTR's profit margins?
Strategy Inc net margin is -844.8%, with operating margin at -1140.8%. Below-average margins reflect competitive or cost pressures.
How consistent are MSTR's earnings?
MSTR earnings data spans 1997-2025. The declining earnings trend is -151.3% YoY. Historical data enables comparison across business cycles.