STRC Q2 2023 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

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$120M-1.4% YoY

Gross Profit

$93M77.5% margin

Operating Income

-$27M-22.2% margin

Net Income

$22M18.5% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$366M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.5B

Stockholders' Equity

$819M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$120M	$122M	-1.4%
Gross Profit	$93M	$97M	-3.7%
Operating Income	-$27M	-$918M	+97.1%
Net Income	$22M	-$1.1B	+102.1%