The table below shows MICROSTRATEGY Inc's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Revenue
$124.30M
$128.69M
$114.49M
$111.07M
-
$116.07M
Cost of revenue
$40.95M
$38.01M
$35.75M
$33.97M
-
$34.35M
Gross profit
$83.35M
$90.68M
$78.74M
$77.09M
-
$81.72M
R&D
$24.66M
$22.60M
$24.07M
$24.42M
-
$33.30M
MSTR annual revenue (10-K history)
MICROSTRATEGY Inc reported annual revenue of $477.23M for fiscal year 2025. That is up 3.0% from $463.46M in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $513.59M (FY 2016) to $477.23M. Figures come from the company's audited annual reports as filed with the SEC.