MicroStrategy Incorporated
NASDAQ•MSTR
CEO: Mr. Michael J. Saylor
Sector: Technology
Industry: Software - Application
Listing Date: 1998-06-11
MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions. The company also provides MicroStrategy Support that helps customers achieve their system availability and usage goals through highly responsive troubleshooting and assistance; MicroStrategy Consulting, which provides architecture and implementation services to help customers realize their desired results; and MicroStrategy Education that offers free and paid learning options. In addition, it engages in the development of bitcoin. The company offers its services through direct sales force and channel partners. It serves the U.S. government, state and local governments, and government agencies, as well as a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications, and the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
Contact Information
1850 Towers Crescent Plaza, Tysons Corner, VA, 22182, United States
703-848-8600
Market Cap
$36.83B
P/E (TTM)
-3.4
76.6
Dividend Yield
--
52W High
$457.22
52W Low
$104.17
52W Range
Rank53Top 76.1%
2.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$124.30M+0.00%
4-Quarter Trend
EPS
-$38.25+0.00%
4-Quarter Trend
FCF
$13.04M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Bitcoin Asset Scale Dominates Digital assets total $58.85 B carrying value, representing 95.5% of $61.64 B total assets end of 2025.
Subscription Revenue Jumps Subscription services revenue $175.66 M, up 64.5%; total revenue grew 3.0% to $477.23 M.
USD Reserve Established Established $2.25 B USD Reserve as of February 2026 to support preferred dividends and debt interest obligations.
Fair Value Loss Impacts Recognized $5.40 B unrealized loss on digital assets in 2025 due to ASU 2023-08 adoption impacting net income.
Risk Factors
Bitcoin Price Volatility Risk Bitcoin price fluctuations significantly impact financial results; unrealized losses materially affect net income under new accounting.
Preferred Stock Dividend Burden Annual cash dividends on Preferred Stock totaled $381.37 M; failure to pay risks declining security value and potential default.
Asset Concentration Risk Vast bulk of assets concentrated in bitcoin holdings, limiting risk mitigation ability compared to diversified portfolio.
Evolving Digital Asset Regulation Evolving laws regarding digital assets create uncertainty, potentially imposing material additional regulatory burdens and costs globally.
Outlook
Bitcoin Strategy Remains Adaptable Intends to keep bitcoin strategy adaptable, evaluating novel digital credit instruments and other financial innovation opportunities.
Software Model Transition Continuing customer migration from on-premises licenses to cloud subscriptions, expecting continued decline in license revenue.
Capital Raising Focus Funding bitcoin purchases primarily through offerings of Class A stock and various Preferred Stock instruments via ATMs.
Managing Substantial Indebtedness Substantial $8.19 B indebtedness requires dedicating significant cash flow to interest payments and servicing debt obligations.
Peer Comparison
Revenue (TTM)
$134.00B
$21.09B
$20.16B
Gross Margin (Latest Quarter)
95.8%
91.0%
80.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DELL | $262.76B | 30.5 | -363.2% | 27.1% |
| GLW | $154.23B | 85.4 | 15.6% | 28.7% |
| FTNT | $107.19B | 55.3 | 155.7% | 5.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.8%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:Jul 30, 2026
EPS:$27.34
|Revenue:$122.93M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data