MSTR Q2 2025 Earnings — Strategy Inc Revenue & Financial Results | Market Cap Arena

MSTRStrategy Inc

$39B

Q2 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$114M+2.7% YoY

Gross Profit

$79M68.8% margin

Operating Income

$14.0B12256.3% margin

Net Income

$10.0B8752.7% margin

EPS (Diluted)

$32.60

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$6.8B

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$64.8B

Total Liabilities

$14.4B

Stockholders' Equity

$50.4B

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$111M	+2.7%
Gross Profit	$79M	$81M	-2.2%
Operating Income	$14.0B	-$200M	+7106.4%
Net Income	$10.0B	-$103M	+9870.8%

Revenue Segments

Maintenance

$52M32%

Product Licenses And Subscription Services

$48M30%

Subscription And Circulation

$41M25%

Technology Service

$14M9%

License

$7M4%

Geographic Segments

North America

$65M57%

E M E A

$39M34%

Other Regions

$10M8%