Revenue segments as reported by the company.

Product licenses

Subscription services

Product support

Other services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

General and admin

Digital asset impairment losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MicroStrategy Incorporated

MicroStrategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platform through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper.Now, Consumer User Bundle, and Power User Bundle. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989 and is headquartered in Vienna, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MicroStrategy reports strong Q4 revenue, bullish on Bitcoin strategy

MicroStrategy's Q4 2022 performance reflects growth in revenue and a strong focus on Bitcoin acquisition and cloud adoption.
The company's successful Bitcoin strategy and emphasis on innovation position it for future growth.
Challenges include increased expenses and regulatory uncertainties, while opportunities lie in Lightning network adoption and institutional adoption of Bitcoin.
Overall, MicroStrategy remains committed to its strategies and poised for growth in 2023.

MicroStrategy reports Q1 revenue growth, Bitcoin strategy success

MicroStrategy's Q1 performance showed revenue growth driven by software and subscription services, alongside strategic Bitcoin acquisitions and loan repayments. The company's strengths lie in innovation, Bitcoin strategy success, and optimism about Bitcoin's future role. Challenges include macroeconomic environment impacts and selling expansion deals. Opportunities exist in cloud offerings and Bitcoin adoption catalysts.

MicroStrategy reports mixed Q2 revenue, excels in Bitcoin strategy

MicroStrategy's Q2 2023 performance showed mixed revenue but strong growth in cloud business and recurring revenue.
The company's Bitcoin strategy and unique investment options position it as a leader in the evolving digital asset landscape.
Challenges in product license revenue and impact from Bitcoin holdings require strategic management.
Opportunities lie in institutional adoption milestones and potential approval of spot ETFs for broader market impact.

MicroStrategy reports Q3 revenue growth, eyes AI and cloud expansion

MicroStrategy's Q3 performance showed revenue growth and strong subscription billings, underlining a focus on cloud-native models and AI integration for future growth.
The company's strategic strengths lie in AI partnerships, innovative AI features, and a prudent financial approach through Bitcoin investments.
Challenges include macroeconomic uncertainties, organizational transformations, and regulatory adjustments, while opportunities exist in partnerships, Bitcoin ETF approval, and tech sector growth drivers.

MicroStrategy reports Q4 revenue challenges but drives growth through bitcoin strategy

MicroStrategy's Q4 performance reflects revenue challenges but highlights strong growth in subscription services and a robust bitcoin strategy.
The company's focus on customer success, strategic partnerships, and innovative software development positions it well for long-term value creation.
While facing revenue declines and upcoming financial decisions, MicroStrategy remains committed to driving growth through bitcoin acquisitions and software development.
Opportunities in expanding the bitcoin network, capitalizing on digital transformation, and leveraging market acceptance of bitcoin present avenues for future growth and innovation.

MicroStrategy reports Q1 earnings, emphasizes Bitcoin holdings and cloud growth

MicroStrategy's Q1 2024 performance reflects a focus on cloud adoption, BI innovation, and Bitcoin holdings. Despite revenue decline and increased expenses, the company's strategic goals for cloud growth and AI innovation position it for long-term success. Leveraging Bitcoin assets and strategic capital raising indicate a forward-looking approach to driving growth and profitability.

MicroStrategy reports strong bitcoin acquisitions and BTC Yield targets

MicroStrategy's bitcoin strategy and BTC Yield targets are key drivers of performance and investor confidence.
The company faces challenges in revenue decline during the cloud transition but shows strength in operational flexibility.
Opportunities in AI adoption, institutional bitcoin adoption, and cloud conversions pave the way for growth.
Careful management of debt, interest expenses, and leverage capacity is crucial for financial stability.

MicroStrategy leads in bitcoin holdings, plans $21B capital raise

MicroStrategy's performance as a bitcoin treasury company is driving growth and valuation premiums, supported by a strong focus on transparency and shareholder trust.
While facing challenges related to governance dynamics and market volatility, the company's innovative approach and strategic vision present opportunities for expansion and market leadership.
With a commitment to long-term value creation and global adoption of BTC, MicroStrategy is poised to continue its growth trajectory and solidify its position as a market leader.
By leveraging their $18 billion of permanent capital and issuing new securities backed by bitcoin, MicroStrategy is set to capitalize on the evolving landscape of digital finance and cryptocurrency markets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MicroStrategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Vienna, VA.

AppLovin Corp

Robinhood

NVIDIA

Palantir Technologies

Artificial intelligence was the story of the tech market in 2024 and was the catalyst behind some of the biggest individual gains. Crypto was the other big driver, particularly after Donald Trump's election victory in November.

AI and crypto drove gains in this year's top 5 tech stocks

The company has profited enormously by buying Bitcoin and seems to be doubling down on its strategy.

MicroStrategy Wants Ability to Issue Enough Shares to Buy All World's Bitcoin

MicroStrategy (NASDAQ: MSTR) has been the great beneficiary of the other 2024 boom – the one in the cryptocurrency market. The company's strategic investment in Bitcoin (BTC), paired with BTC's own stellar performance, has led to a share price skyrocketing of 384.87% in the year-to-date (YTD) chart and a press time price of $332.23.

Why MicroStrategy might collapse below $100 in 2025

MicroStrategy Inc. announced a special shareholder meeting on Monday to vote on proposals to support its $42 billion Bitcoin purchase plan. In a filing with the SEC, executive chairman Michael Saylor proposed increasing the company's authorized Class A shares from 330 million to 10.

MicroStrategy seeks shareholders vote to support for $42B Bitcoin acquisition, stock up 1.3% in premarket

Following a meteoric rise this year, software company Palantir Technologies Inc. PLTR and bitcoin buyer MicroStrategy Incorporated MSTR secured an inclusion in the Nasdaq 100. While Palantir's shares have soared 369.2% year to date, MicroStrategy's shares have climbed 476.6%.

Palantir or MicroStrategy: Better Buy in Nasdaq 100 for 2025

Tesla

Tech stocks lift Nasdaq 0.6% while Dow Jones drops 100 points. MicroStrategy falls 5% on Bitcoin volatility.

Nasdaq Index: Tesla, Meta, and Nvidia Rally While MicroStrategy Slides on Bitcoin Exposure

It was announced on Dec. 13 that Bitcoin (CRYPTO:BTC) hoarder MicroStrategy (NASDAQ:MSTR) would be added to the Nasdaq 100 stock index on Dec.

Is MicroStrategy Heading for a Massive Correction?

MicroStrategy Inc (NASDAQ: MSTR) announced another Bitcoin (BTC) purchase on December 23 at an average price of $106,662. This marks an announcement made at a price below the dollar-cost average, signaling a buy at Bitcoin's local top.

MicroStrategy buys Bitcoin price top at $106k, already down 12%

Axon Enterprise

It hasn't been a great kickoff for the newest members of the Nasdaq 100 Index.

Palantir, MicroStrategy, Axon Stocks Fall on Their First Day in Nasdaq 100

On the same day, two prominent companies have gained recognition for their market performance and strategic initiatives. MicroStrategy, the business intelligence firm known for its substantial Bitcoin holdings, has entered the prestigious Nasdaq 100 index.

MicroStrategy joins Nasdaq 100 while Sol Strategies enters CSE 25 index

MicroStrategy's stock falls after the sale of $561 million worth of shares was used to buy bitcoin at more than $106,000 each.

MicroStrategy paid well over $100,000 per coin in its latest bitcoin purchases

The reconstituted Nasdaq-100 index, featuring the additions of MicroStrategy, Palantir, and Axon Enterprise, begins trading today.

Will MicroStrategy ETFs Get a Boost from the Nasdaq-100 Joining?

MicroStrategy was already one of the hottest stocks on the planet, but the rally intensified after Donald Trump's election victory in November. Of the 439,000 bitcoin the company owns, more than one-third have been purchased since the election.

MicroStrategy rides 'red sweep' to 477% gain in 2024, topping almost all U.S. stocks

QUALCOMM

U.S. stock futures advanced on Monday following a tumultuous week which included the Federal Reserve's hawkish rate cut on Wednesday and a “Triple Witching” hour session on Friday. Two out of the four major index futures were trading higher in premarket trade.

US Stocks To Open Higher As Wall Street Expects 'Santa Rally' In Shortened Trading Week: MicroStrategy, Palantir, Qualcomm Among Stocks In Focus

MicroStrategy (MSTR) was an obscure software company until it started making a massive bet on bitcoin (BTCUSD).

MicroStrategy Stock Is Up 400% This Year—What You Need to Know About the Bitcoin Proxy

Warren Buffett and Michael Saylor are two of the biggest names in the investing world. Buffett has been running his company Berkshire Hathaway (BRK.A 1.37%) (BRK.B 0.86%) for decades and is considered one of, if not the best, investors ever.

The Michael Saylor-Warren Buffett Ratio Hasn't Looked Like This in Nearly 25 Years. Is the Stock Market About to Make a Big Move?

The rally has been propelled by a group of rabid followers who are mixing songs, pouring whisky and spending hundreds of hours researching the stock.

The Investing Cult Fueling MicroStrategy's Ascent: 'Have Fun Staying Poor'

CleanSpark

Coinbase

After a massive rally over the past quarter, shares of MicroStrategy Inc. NASDAQ: MSTR started to face some controversy regarding the underlying business model and methods of this technology stock accumulating Bitcoin on their balance sheet through shareholder dilution. However, that pressure quickly subsided after a recent announcement that could boost the company higher.

MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win

Shares of MicroStrategy (MSTR -6.63%) fell as much as 20.8% in the first four trading days this week as the price of Bitcoin dropped and the company's premium to assets on the balance sheet came down. On Friday morning, shares were still down 22.5% for the week in pre-market trading, according to data provided by S&P Global Market Intelligence.

Why MicroStrategy Stock Plunged This Week

NEW YORK--(BUSINESS WIRE)-- #IR--ICR Hosts MicroStrategy's Michael Saylor on the Welcome to the Arena Podcast.

ICR Hosts MicroStrategy's Michael Saylor on Episode 158 of the Welcome to the Arena Podcast

The holidays have come early for a couple of this year's most-watched technology companies. I'm talking about Palantir Technologies (PLTR -1.80%) and MicroStrategy (MSTR -5.41%), software players that have soared more than 300% and 500%, respectively, this year.

Better New Nasdaq-100 Buy: Palantir vs. MicroStrategy

MicroStrategy will soon join the Nasdaq-100 index. Why the unconventional company could pose new risks to investors.

MicroStrategy's quirky Nasdaq-100 nod could mean more risk for fund investors

Retail investors poured nearly $11 million into MicroStrategy's shares on Monday, almost three times their average daily inflows this year, after the biggest corporate holder of bitcoin secured a spot in the Nasdaq-100 index.

MicroStrategy's Nasdaq-100 entry attracts nearly $11 million of retail inflows

MicroStrategy — the provider of analytical software — has since 2020 transformed itself into a way for traders to bet on bitcoin, according to Yahoo! Finance. With MicroStrategy's recent addition to the Nasdaq 100, the company's stock has soared 496% so far in 2024.

Up 496%, MicroStrategy Stock May Pop By Selling Shares To Buy Bitcoin

MicroStrategy, the largest Bitcoin hoarder, will join the Nasdaq-100 on Dec. 23, leaving a far-reaching effect on itself, bitcoin, and the Nasdaq-100 index and ETFs.

News for MicroStrategy Incorporated Stock (MSTR)