MicroStrategy Incorporated

Technology · Software - Application

153.90$ +16.4% vs. previous close Closing price · As of: Sep 18, 2026

Statements

Income Statement

MicroStrategy Incorporated (MSTR) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 477 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement MSTR
Line item	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	53	95	151	215	180	148	176	231	269	314	351	360	378	455	537	566	576	580	530	514	504	498	486	481	511	499	496	463	477
Cost of Revenue	9.9	16	37	78	46	28	28	33	36	44	60	63	67	106	131	141	139	135	101	93	97	99	100	91	92	103	110	129	149
Gross Profit	43	79	114	138	135	120	148	198	232	269	290	297	311	348	406	425	437	445	429	420	407	398	386	390	419	396	386	334	328
Research & Development	5.0	12	24	44	33	26	28	25	31	34	37	31	42	51	68	88	98	103	65	73	79	102	109	104	117	127	121	118	94
Selling, General & Administrative	–	65	118	210	112	28	33	35	36	47	54	61	55	82	86	93	105	96	81	79	80	86	87	80	96	111	115	141	152
Total Operating Expenses	43	82	140	256	201	110	120	130	138	170	202	229	225	298	386	392	418	440	295	311	334	394	387	403	1,203	1,672	391	2,187	369
Operating Income	-0.6	-2.5	-25	-118	-67	10	28	68	94	100	88	68	86	51	21	33	19	5.1	134	110	73	4.0	-1.0	-14	-785	-1,276	-115	-1,853	-41
Interest Expense	0.0	0.0	0.0	0.0	0.0	8.4	5.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	39	1.8	29	53	49	62	65
Pre-Tax Income	0.7	10	-23	-214	-46	39	-7.3	69	98	101	91	71	86	55	25	32	17	11	138	115	71	20	38	-20	-811	-1,322	-125	-1,934	-5,526
Income Tax Expense	0.1	3.4	1.2	1.4	2.5	1.2	-2.6	-99	33	30	33	29	25	11	3.4	9.7	-9.8	6.0	32	23	53	-2.0	3.9	-12	-276	147	-554	-768	-1,678
Net Income	-0.9	-2.3	-34	-169	-81	38	-3.9	168	65	71	58	42	75	44	18	21	83	5.0	106	92	18	23	34	-7.5	-535	-1,470	429	-1,167	-3,848
EBITDA	0.6	0.9	-16	-79	2.3	28	39	77	102	107	96	74	97	63	38	56	46	45	156	130	89	7.7	7.6	70	-771	-1,258	-115	-1,855	-5,435

Data as of: September 18, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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