To the full analysis
Strategy stock: growth
MSTRStrategy reported $477.23M in revenue for fiscal 2025, up 3% on the prior year, down 0.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
2.2%
per year from 2006 to 2025, per share −2.1%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | −0.1% | −1.0% | 2.2% |
| Revenue per share | −20.0% | −10.0% | −2.1% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $313.82M | $70.88M | $99.61M |
| 2007 | $350.67M | $58.47M | $91.77M |
| 2008 | $360.39M | $41.83M | $45.18M |
| 2009 | $377.79M | $74.84M | $73.96M |
| 2010 | $454.58M | $43.79M | $57.35M |
| 2011 | $537.17M | $17.94M | $18.22M |
| 2012 | $565.72M | $20.55M | $12.12M |
| 2013 | $575.89M | $83.33M | $13.45M |
| 2014 | $579.83M | $5.04M | −$6.2M |
| 2015 | $529.87M | $105.93M | $136.62M |
| 2016 | $513.59M | $92.24M | $108.25M |
| 2017 | $503.84M | $18.2M | $74.34M |
| 2018 | $497.64M | $22.5M | $3.78M |
| 2019 | $486.33M | $34.36M | $50.69M |
| 2020 | $480.74M | −$7.52M | −$1.08B |
| 2021 | $510.76M | −$535.48M | −$2.54B |
| 2022 | $499.26M | −$1.47B | −$287.2M |
| 2023 | $496.26M | $429.12M | −$1.89B |
| 2024 | $463.46M | −$1.17B | −$22.14B |
| 2025 | $477.23M | −$3.85B | −$22.58B |
Revenue by segment
How Strategy Inc makes its money and how that has shifted. Names are as the company reports them.
- Product support$204.2M43%
- Subscription services$175.7M37%
- Product licenses$39.7M8%
- Other$57.7M12%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies. The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Product support | $204.23M | 42.8% |
| Subscription services | $175.66M | 36.8% |
| Product licenses | $39.67M | 8.3% |
| Other | $57.68M | 12.1% |
| Total revenue | $477.23M | 100% |
Revenue by region
Where Strategy Inc generates its revenue.
- North America57%
- E M E A34%
- Other9%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $310.97M | $292.93M | $287.26M | $273.58M | $279.22M | $286.13M | $298.52M | $284.17M | $259.58M | $272.22M | 57% |
| E M E A | $150.42M | $154.57M | $156.71M | $159.64M | $155.48M | $171.14M | $152.61M | $155.91M | $155.92M | $162.66M | 34.1% |
| Other | $52.2M | $56.35M | $53.67M | $53.1M | $46.04M | $53.49M | $48.13M | $56.17M | $47.95M | $42.35M | 8.9% |
| Total revenue | $513.59M | $503.84M | $497.64M | $486.33M | $480.74M | $510.76M | $499.26M | $496.26M | $463.46M | $477.23M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 10 Oct 2025)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.