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MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) Earnings History

Annual and quarterly earnings data from 1997 to 2024

TTM Net Income
$7.92B
Profitable
TTM EPS
$26.05
Diluted
YoY EPS Growth
-3.3%
Slow
Net Margin
-2.5%
Profitability
Operating Margin-4.0%
Gross Margin0.7%
ROE-0.1%
ROA-0.1%
Highest Annual Net Income$429M (2023)
Highest Quarterly EPS$32.60 (Q2 2025)
Consecutive Profitable Years0 years
Q3 2025
Net Income$2.79B
EPS$8.42
QoQ Growth-72.2%Declining

Loading earnings history...

EPS Growth Rates (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202472.1%-399.8%-251.7%
202377.8%-23.2%86.5%
202279.4%-255.5%-294.4%
202182.0%-153.6%-104.8%
202081.1%-2.8%-1.6%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) Earnings Overview

As of March 1, 2026, MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) reported trailing twelve-month net income of $7.92B, reflecting -3.3% year-over-year growth. The company earned $26.05 per diluted share over the past four quarters, with a net profit margin of -2.5%.

Looking at the long-term picture, STRC's historical earnings data spans multiple years. The company achieved its highest annual net income of $429M in fiscal 2023.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock maintains positive profitability with a gross margin of 0.7%, operating margin of -4.0%, and net margin of -2.5%. The company continues to generate positive earnings from operations. View revenue history →

Compared to industry peers including SNOW (-$1.33B net income, -0.3% margin), KC (-$971M net income, -0.3% margin), ESTC (-$85M net income, -0.1% margin), STRC has room to improve margins relative to the peer group. Compare STRC vs SNOW →

Peer Comparison

Earnings metrics vs industry competitors

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
STRCCurrent
$7.9B$26.05-2.5%-0.1%-3.3%—
SNOW
-$1.3B$-3.89-0.3%-0.5%-0.0%
KC
-$971M$-3.52-0.3%-0.3%+0.1%
ESTC
-$85M$-0.80-0.1%-0.1%-2.8%
CALX
$18M$0.250.0%0.0%+1.6%
MSTR
$7.9B$26.05-2.5%-0.1%-3.3%
Best in group
Lowest in group

Historical Data

28 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024-$1.17B-371.9%-$1.85B$-6.06-251.7%-399.8%
2023$429M+129.2%-$115M$2.6486.5%-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$0.337.1%-0.2%
2018$23M+23.7%$4M$0.204.5%0.8%
2017$18M-80.3%$73M$0.163.6%14.5%
2016$92M-12.9%$110M$0.8018.0%21.3%
2015$106M+2003.9%$134M$0.9220.0%25.3%

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Compare STRC vs NVDA

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Frequently Asked Questions

Is STRC growing earnings?

STRC EPS of $26.05 reflects slowing growth at -3.3%, below the 5-year CAGR of N/A. TTM net income is $7.9B. Expansion rate has moderated.

What are STRC's profit margins?

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock net margin is -2.5%, with operating margin at -4.0%. Below-average margins reflect competitive or cost pressures.

How consistent are STRC's earnings?

STRC earnings data spans 1997-2024. The current earnings trend is -3.3% YoY. Historical data enables comparison across business cycles.

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Earnings Over Time

Net income and EPS trends