MSTR Q3 2025 Earnings — Strategy Inc Revenue & Financial Results | Market Cap Arena

MSTRStrategy Inc

$39B

Q3 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$129M+10.9% YoY

Gross Profit

$91M70.5% margin

Operating Income

$3.9B3023.4% margin

Net Income

$2.8B2164.1% margin

EPS (Diluted)

$8.42

QoQ Revenue Growth

+12.4%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

$14.4B

Stock-Based Comp.

-$28M

Balance Sheet

Total Assets

$73.6B

Total Liabilities

$15.5B

Stockholders' Equity

$58.1B

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$129M	$116M	+10.9%
Gross Profit	$91M	$82M	+11.0%
Operating Income	$3.9B	-$433M	+999.4%
Net Income	$2.8B	-$340M	+918.7%

Revenue Segments

Product Licenses And Subscription Services

$63M33%

Maintenance

$51M27%

Subscription And Circulation

$46M24%

License

$17M9%

Technology Service

$14M7%

Geographic Segments

North America

$75M58%

E M E A

$42M33%

Other Regions

$12M9%