STRC Q1 2024 Earnings — MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Revenue & Financial Results | Market Cap Arena

STRCMicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock

$28B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$115M-5.5% YoY

Gross Profit

$85M74.0% margin

Operating Income

-$204M-176.8% margin

Net Income

-$53M-46.1% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

-$1.6B

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$4.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$122M	-5.5%
Gross Profit	$85M	$94M	-9.3%
Operating Income	-$204M	-$20M	-903.1%
Net Income	-$53M	$461M	-111.5%