STRC Q3 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

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$116M-10.3% YoY

Gross Profit

$82M70.4% margin

Operating Income

-$433M-372.7% margin

Net Income

-$340M-293.1% margin

EPS (Diluted)

$-1.72

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

-$41M

Free Cash Flow

-$1.6B

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$4.6B

Stockholders' Equity

$3.8B

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$116M	$129M	-10.3%
Gross Profit	$82M	$103M	-20.5%
Operating Income	-$433M	-$25M	-1613.4%
Net Income	-$340M	-$143M	-137.2%

Revenue Segments

Product Development Contract Revenue

$764,00088%

Product Revenue

$107,00012%