Strategy Inc

Strategy Inc

MSTRยทNASDAQ

$126.55

-16%
TechnologySoftware - Application

MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting that provides customers with architecture and implementation services to help them quickly realize results, and helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that offers free and paid learning options. The company provides its services through enterprise sales force and channel partners. It serves companies from a range of industries, including retail, consulting, technology, manufacturing, finance, banking, insurance, healthcare, education, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

At a Glance

Live Snapshot
Market Cap$37.59B
EPS-13.8900
P/E Ratio-9.11
Earnings Date07/30/2026
3Y-2194.0%
5Y-225.0%
10Y-161.0%
3Y+7981.0%
5Y+2110.0%
10Y-518339.0%
3Y+9268.0%
5Y+4311.0%
10Y-2474555.0%
MSTR

Strategy Inc Cash Conversion Engine

MSTR ยท NASDAQ
Net Income-3.85B
Depreciation & Amortization39.47M
Stock-Based Compensation0.00
Change in Working Capital-55.19M
Others5.48B
Capital Expenditures-37.00M
Free Cash Flow-104.24M

Cash Flow Quality Analysis

FCF Conversion Rate

2.7%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

-55.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+99.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$55.19M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Strategy Inc Cash Flow Statement

MSTR โ€ข NASDAQ

Strategy Inc Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-3.8B
-1.2B
429.1M
-1.5B
-535.5M
-7.5M
34.4M
22.5M
18.2M
92.2M
105.9M
5M
83.3M
20.5M
17.9M
43.8M
60.5M
41.8M
58.5M
70.9M
39.5M
17.8M
14.5M
10.9M
11.4M
13.3M
8.6M
3.7M
15.5M
19.9M
21.2M
25.3M
26.4M
22.5M
17.3M
12.8M
10.6M
6.4M
7.6M
7.6M
-1.7B
-775.9M
-569.5M
131.1M
-284.8M
-20.8M
-5.5M
-8.3M
-3.6M
-4.8M
8.8M
-1.5M
-18M
1.5M
-3.9M
1.7M
16.1M
20.9M
26.1M
26.5M
0.0
77.1M
69.6M
63.6M
44.1M
11.2M
10.2M
14.6M
14.3M
11.8M
17.3M
11.8M
2.1M
0.0
0.0
0.0
0.0
46K
0.0
0.0
5.5B
1.8B
90M
1.3B
847.5M
80.3M
8.3M
2.1M
2.3M
-1M
1M
1.5M
-78.7M
2M
-4.3M
2.8M
494K
5.7M
919K
-2M
(0.0)
(1.1M)
(30.3M)
(22M)
(7M)
(6.8M)
(5.9M)
(13.2M)
(29.3M)
(24.3M)
-13.3M
(5.5M)
(12.9M)
(6.5M)
(1.9M)
-9.4M
(9.7M)
(5.8M)
(0.0)
(0.0)
-55.2M
-42.7M
-21.1M
-36.6M
11.1M
-22.8M
4.9M
-24M
31.7M
-7.5M
-4.5M
-27.5M
14.8M
3.4M
33.8M
14.8M
8.7M
14.1M
4.8M
1.3M
-67.2M
-53M
12.7M
3.2M
93.8M
53.6M
60.9M
10.6M
78.3M
110.6M
149.7M
14.6M
29.9M
49.9M
60.8M
75.8M
96.4M
88.9M
97.9M
104.4M
INVESTING ACTIVITIES
-22.5B
-13.5M
-2.9M
-2.5M
-2.7M
-3.7M
-10.2M
-6.8M
-4M
-2.3M
-3.5M
-12.4M
-11M
-29.6M
-36.7M
-16.3M
-18.3M
-30.2M
-6.1M
-4.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-9.9M
-320.5M
-694M
-456.5M
-355M
-473.8M
-370.1M
-224.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-58.9M
0.0
0.0
0.0
0.0
0.0
119.9M
684.4M
491.8M
390.7M
361.7M
479.2M
308.9M
87M
0.0
3.4M
0.0
575K
1.1M
0.0
112.7M
0.0
-22.1B
-1.9B
-276.1M
-2.6B
-1.1B
0.0
0.0
0.0
0.0
-9.6M
-8.6M
93.2M
-6.2M
-2.9M
-1.1M
20.3M
-13.7M
-6.6M
1.4M
-22.5B
-22.1B
-1.9B
-278.6M
-2.6B
-1B
(353.7M)
-209.1M
-69.7M
(4.3M)
-7.7M
-82.1M
-54.9M
-35.8M
-36.2M
-17.4M
(2.6M)
-42.8M
-12.7M
(50.3M)
FINANCING ACTIVITIES
23.2B
16.4B
2B
46.6M
1B
-123.2M
-72.7M
-111M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-109M
0.0
-8.4M
-85.7M
-125.9M
2B
5.7B
-160.5M
215.5M
1.6B
650M
0.0
-9K
-21K
-172K
-1.4M
-2.3M
-2.3M
-491K
0.0
0.0
0.0
0.0
0.0
0.0
-381.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-60K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-123.2M
-72.7M
-111M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-109M
(0.0)
-8.4M
-89M
-132M
0.0
72.2M
21.2M
3M
-8.3M
36.5M
6.6M
2.5M
1.7M
-832K
10.6M
856K
23.9M
10.3M
2.5M
1.9M
2.1M
2.5M
3.3M
4.5M
24.8B
22.1B
1.9B
265.2M
2.5B
563.2M
-66.2M
-108.5M
1.7M
-1M
9.2M
-1.5M
21.6M
9.8M
2.5M
-107.1M
2.1M
-5.9M
-82.5M
-121.4M
CASH FLOW SUMMARY
-544K
-2.1M
444K
-3.4M
-2.6M
4.8M
-1.4M
-3.4M
8.2M
-4.2M
-5.8M
-4.3M
-863K
949K
-1.6M
-2M
710K
-2.5M
3.5M
3.3M
2.3B
-8.8M
-2.2M
-13.6M
3.7M
-397.1M
347M
-310.4M
18.5M
109.8M
145.4M
-73.3M
-4.2M
24.8M
25.5M
-50.7M
101.9M
37.7M
6.2M
36.7M
39.9M
48.7M
50.9M
64.4M
60.8M
457.8M
110.8M
421.2M
402.7M
293M
147.6M
220.2M
224.4M
199.6M
174.1M
224.8M
122.9M
85.2M
79M
42.3M
2.3B
39.9M
48.7M
50.9M
64.4M
60.8M
457.8M
110.8M
421.2M
402.7M
293M
146.9M
220.2M
224.4M
199.6M
174.1M
224.8M
122.9M
85.2M
79M
-104.2M
-22.1B
-1.9B
-287.2M
-2.5B
-1.1B
50.7M
3.8M
74.3M
108.3M
136.6M
-6.2M
13.5M
12.1M
18.2M
57.4M
74M
45.2M
91.8M
99.6M

SEC Filings

MSTR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 26, 2026
2026
8-K

8-K 2026

N/A

May 18, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
8-K

8-K 2025

N/A

May 01, 2026
September 02, 2025
2025
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 08, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
Showing 1 to 10 of 30 filings