MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock(STRD)Earnings, Financials & Key Ratios
STRD•NASDAQ•Banking & Credit
Price updated Jun 19, 2026
AboutMicroStrategy Incorporated, together with its subsidiaries, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; HyperIntelligence, a context-based, click-free insights to the user by hovering over keywords on the screen; and Enterprise Semantic Graph, a metadata layer that helps ensure data insights are regardless of how far-reaching the applications and users of data may reside. The company also provides Strategy Support that helps customers achieve their system availability and usage goals through highly responsive troubleshooting and assistance; Strategy Education that offers free and paid learning options; and Strategy Consulting, which provides architecture and implementation services to help customers realize their desired results. In addition, it engages in the development of bitcoin. The company offers its services through direct sales force and channel partners. It serves the U.S. government, state and local governments, and government agencies, as well as a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications, and the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.Show more
- Net Interest Income-$65M-4.9%
- Total Revenue$477M+3.0%
- Net Income-$3.85B-229.8%
- Return on Equity-11.11%+2.9%
- Net Interest Margin-0.11%+56.0%
- Efficiency Ratio1209.51%+156.3%
- ROA-8.8%-15.4%
- Equity / Assets82.81%+17.4%
- Book Value per Share183.83+94.2%
STRD Key Insights
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Well capitalized: 82.8% equity/assets
- ✓Diversified revenue: 100.0% from non-interest income
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak NIM of -0.1%
- ✗High cost structure: 1209.5% efficiency ratio
- ✗Shares diluted 44.2% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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STRD Price & Volume
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) stock price & volume — 10-year historical chart
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STRD Growth Metrics
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-1.49%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-229.84%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-226.82%
Return on Capital
10 Years-20.09%
5 Years-20.09%
3 Years-9.49%
Last Year-12.56%
STRD Recent Earnings
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) EPS & revenue vs analyst estimates — last 2 quarters
●Beat EPS 0/2 qtrs (0%)●Beat Revenue 2/2 qtrs (100%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$38.25-4337.4%
$0.86
Rev
$124M+2.9%
$121M
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$42.93-53562.5%
$0.08
Rev
$123M+3.2%
$119M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $38.25vs $0.86-4337.4% | $124Mvs $121M+2.9% |
| Q1 2026 | Feb 5, 2026 | $42.93vs $0.08-53562.5% | $123Mvs $119M+3.2% |
Based on last 2 quarters of dataView full earnings history →
STRD Peer Comparison
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) competitors in Digital Asset Trading and Infrastructure — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MSTR | 37.58B | 112.53 | -7.39 | 2.97% | -25.19% | -24.09% | 0.16 | |
 SMLR | 310.75M | 20.33 | 3.96 | -17.44% | 130.8% | 10.51% | 0.00 | |
 BTBT | 706.64M | 2.17 | -7 | -30.65% | -146.01% | -0.11% | 0.16 | |
 MARA | 5.42B | 14.22 | -3.85 | 38.2% | -234.83% | -51.65% | 1.05 | |
 RIOT | 10.65B | 28.10 | -14.41 | 71.89% | -132.76% | -28.78% | 0.10 | |
 CLSK | 4.42B | 17.24 | 15.39 | 102.21% | -67.66% | -29.93% | 0.38 | |
 HUT | 14.01B | 124.44 | -58.15 | -90.71% | -17.66% | 0.25 | ||
 COIN | 43.01B | 163.26 | 36.69 | 9.4% | 13.78% | 5.68% | 0.53 |
Compare STRD vs Peers
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
STRD Income Statement
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
Net Interest Income | -29.15M | -53.14M | -48.96M | -61.94M | -64.97M |
NII Growth % | - | -82.29% | 7.86% | -26.51% | -4.89% |
Net Interest Margin % | -0.82% | -2.2% | -1.03% | -0.24% | -0.11% |
Interest Income | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 29.15M | 53.14M | 48.96M | 61.94M | 64.97M |
Loan Loss Provision | 62.76M | 49.85M | 60.98M | 67.53M | 84.45M |
Non-Interest Income | 510.76M | 499.26M | 496.26M | 463.46M | 477.23M |
Non-Interest Income % | 100% | 100% | 100% | 100% | 100% |
Total Revenue | 510.76M▲ 0% | 499.26M▼ 2.3% | 496.26M▼ 0.6% | 463.46M▼ 6.6% | 477.23M▲ 3.0% |
Revenue Growth % | - | -2.25% | -0.6% | -6.61% | 2.97% |
Non-Interest Expense | 1.2B | 1.67B | 501.36M | 2.19B | 5.77B |
Efficiency Ratio | 235.6% | 334.9% | 101.03% | 471.88% | 1209.51% |
Operating Income | -784.53M▲ 0% | -1.28B▼ 62.6% | -115.05M▲ 91.0% | -1.85B▼ 1510.6% | -5.44B▼ 193.8% |
Operating Margin % | -153.6% | -255.52% | -23.18% | -399.82% | -1140.82% |
Operating Income Growth % | - | -62.61% | 90.98% | -1510.63% | -193.82% |
Pretax Income | -811.39M▲ 0% | -1.32B▼ 63.0% | -124.53M▲ 90.6% | -1.93B▼ 1453.4% | -5.53B▼ 185.7% |
Pretax Margin % | -158.86% | -264.88% | -25.09% | -417.37% | -1157.92% |
Income Tax | -275.91M | 147.33M | -553.65M | -767.68M | -1.68B |
Effective Tax Rate % | 34% | -11.14% | 444.61% | 39.69% | 30.36% |
Net Income | -535.48M▲ 0% | -1.47B▼ 174.5% | 429.12M▲ 129.2% | -1.17B▼ 371.9% | -3.85B▼ 229.8% |
Net Margin % | -104.84% | -294.39% | 86.47% | -251.73% | -806.35% |
Net Income Growth % | - | -174.48% | 129.2% | -371.87% | -229.84% |
Net Income (Continuing) | -535.48M | -1.47B | 429.12M | -1.17B | -3.85B |
EPS (Diluted) | -5.34▲ 0% | -12.98▼ 143.1% | 2.64▲ 120.3% | -6.06▼ 329.5% | -15.23▼ 151.3% |
EPS Growth % | - | -143.07% | 120.34% | -329.55% | -151.32% |
EPS (Basic) | -5.34 | -12.98 | 3.14 | -6.06 | -15.23 |
Diluted Shares Outstanding | 100.2M | 113.21M | 165.66M | 192.55M | 277.66M |
STRD Balance Sheet
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
Cash & Short Term Investments | 63.36M | 43.84M | 46.82M | 38.12M | 2.3B |
Cash & Due from Banks | 63.36M | 43.84M | 46.82M | 38.12M | 2.3B |
Short Term Investments | 0 | 0 | 0 | 0 | 0 |
Total Investments | 0 | 0 | 0 | 0 | 0 |
Investments Growth % | - | - | - | - | - |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
Accounts Receivables | 189.28M | 189.28M | 183.81M | 181.2M | 205.75M |
Goodwill & Intangibles | 2.85B | 1.84B | 3.63B | 23.91B | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 2.85B | 1.84B | 3.63B | 23.91B | 0 |
PP&E (Net) | 103.35M | 93.61M | 86.28M | 80.89M | 75.83M |
Other Assets | 15.82M | 23.92M | 24.3M | 75.79M | 59B |
Total Current Assets | 267.96M | 264.57M | 267.89M | 252.32M | 2.56B |
Total Non-Current Assets | 3.29B | 2.15B | 4.49B | 25.59B | 59.08B |
Total Assets | 3.56B▲ 0% | 2.41B▼ 32.2% | 4.76B▲ 97.6% | 25.84B▲ 442.6% | 61.64B▲ 138.5% |
Asset Growth % | - | -32.24% | 97.59% | 442.65% | 138.52% |
Return on Assets (ROA) | -15.05% | -49.26% | 11.97% | -7.62% | -8.8% |
Accounts Payable | 46.08M | 42.98M | 43.09M | 52.98M | 50.34M |
Total Debt | 2.23B | 2.45B | 2.24B | 7.25B | 8.24B |
Net Debt | 2.17B | 2.4B | 2.2B | 7.21B | 5.93B |
Long-Term Debt | 2.16B | 2.38B | 2.18B | 7.19B | 8.16B |
Short-Term Debt | 0 | 454K | 483K | 517K | 31.31M |
Other Liabilities | 26.22M | 17.12M | 22.21M | 5.38M | 1.94B |
Total Current Liabilities | 311.99M | 317.4M | 323.27M | 355.38M | 456.49M |
Total Non-Current Liabilities | 2.27B | 2.48B | 2.27B | 7.26B | 10.14B |
Total Liabilities | 2.58B | 2.79B | 2.6B | 7.61B | 10.6B |
Total Equity | 978.96M▲ 0% | -383.12M▼ 139.1% | 2.16B▲ 665.1% | 18.23B▲ 742.0% | 51.04B▲ 180.0% |
Equity Growth % | - | -139.14% | 665.09% | 742.04% | 179.99% |
Equity / Assets (Capital Ratio) | 27.52% | -15.9% | 45.46% | 70.54% | 82.81% |
Return on Equity (ROE) | -54.7% | -493.35% | 48.17% | -11.44% | -11.11% |
Book Value per Share | 9.77 | -3.38 | 13.07 | 94.68 | 183.83 |
Tangible BV per Share | -18.68 | -19.64 | -8.82 | -29.50 | 183.83 |
Common Stock | 20K | 20K | 26K | 246K | 312K |
Additional Paid-in Capital | 1.73B | 1.84B | 3.96B | 20.41B | 37.81B |
Retained Earnings | 41.44M | -1.43B | -999.23M | -2.17B | 6.32B |
Accumulated OCI | -7.54M | -13.8M | -11.44M | -15.38M | -5.17M |
Treasury Stock | -782.1M | -782.1M | -782.1M | 0 | 0 |
Preferred Stock | 0 | 0 | 0 | 0 | 6.92B |
STRD Cash Flow Statement
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) cash flow — operating, investing & free cash flow history
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
Cash from Operations | 93.83M | 3.21M | 12.71M | -53.03M | 0 |
Operating CF Growth % | - | -96.58% | 295.89% | -517.18% | 100% |
Net Income | -535.48M | -1.47B | 429.12M | -1.17B | -3.85B |
Depreciation & Amortization | 11.36M | 10.87M | 14.53M | 17.81M | 0 |
Deferred Taxes | -284.78M | 131.13M | -569.46M | -775.85M | 0 |
Other Non-Cash Items | 847.52M | 1.3B | 90M | 1.84B | 3.85B |
Working Capital Changes | 11.09M | -36.61M | -21.05M | -42.71M | 0 |
Cash from Investing | -2.63B | -278.59M | -1.91B | -22.09B | 0 |
Purchase of Investments | 0 | 0 | 0 | 0 | 0 |
Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 |
Net Investment Activity | 0 | 0 | 0 | 0 | 0 |
Acquisitions | 0 | 0 | 0 | 0 | 0 |
Other Investing | -2.63B | -276.1M | -1.9B | -22.07B | 0 |
Cash from Financing | 2.54B | 265.19M | 1.89B | 22.13B | 0 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 |
Stock Issued | 1B | 46.59M | 2.03B | 16.36B | 0 |
Net Stock Activity | 1B | 46.59M | 2.03B | 16.36B | 0 |
Debt Issuance (Net) | 1000K | 1000K | -1000K | 1000K | 0 |
Other Financing | -8.31M | 3.05M | 21.22M | 72.22M | 0 |
Net Change in Cash | 3.67M▲ 0% | -13.57M▼ 469.1% | -2.19M▲ 83.8% | -8.78M▼ 299.8% | -39.9M▼ 354.6% |
Exchange Rate Effect | -2.61M | -3.38M | 444K | -2.15M | 0 |
Cash at Beginning | 60.76M | 64.43M | 50.87M | 48.67M | 39.9M |
Cash at End | 64.43M | 50.87M | 48.67M | 39.9M | 0 |
Interest Paid | 20.42M | 43.45M | 41.23M | 44.57M | 0 |
Income Taxes Paid | 7.01M | 21.97M | 30.32M | 1.06M | 0 |
Free Cash Flow | -2.54B▲ 0% | -287.2M▲ 88.7% | -1.89B▼ 559.0% | -22.14B▼ 1069.8% | 0▲ 100.0% |
FCF Growth % | - | 88.67% | -558.97% | -1069.83% | 100% |
STRD Banking Ratios
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
Return on Equity (ROE) | -54.7% | -493.35% | 48.17% | -11.44% | -11.11% |
Return on Assets (ROA) | -15.05% | -49.26% | 11.97% | -7.62% | -8.8% |
Net Interest Margin | -0.82% | -2.2% | -1.03% | -0.24% | -0.11% |
Efficiency Ratio | 235.6% | 334.9% | 101.03% | 471.88% | 1209.51% |
Equity / Assets | 27.52% | -15.9% | 45.46% | 70.54% | 82.81% |
Book Value / Share | 9.77 | -3.38 | 13.07 | 94.68 | 183.83 |
NII Growth | - | -82.29% | 7.86% | -26.51% | -4.89% |
Related:STRD Dividend History·STRD Revenue History·STRD Price History·STRD P/E History·STRD Financial Ratios·STRD Institutional Holders
STRD Frequently Asked Questions
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) grew revenue by 3.0% over the past year. Growth has been modest.
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) reported a net loss of $3.85B for fiscal year 2025.
Dividend & Returns
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has a return on equity (ROE) of -11.1%. Negative ROE indicates the company is unprofitable.
Industry Metrics
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has an efficiency ratio of 1209.5%. This is higher than peers, suggesting room for cost optimization.