Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock financials
$99.10+0.57%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|
| Revenue | $7.8M | $6.1M | $14.6M | $5.1M |
| Gross profit | $4.3M | $1.1M | $3.0M | $1.2M |
| Gross margin | 55.2% | 18.0% | 20.3% | 23.8% |
| Operating income | -$26.9M | -$121.0M | -$177.0M | -$81.0M |
| Net income | -$72.6M | -$115.6M | -$157.1M | -$81.5M |
| Net margin | −932.7% | −1880.8% | −1078.5% | −1606.1% |
| Diluted EPS | $-2.71 | $-4.51 | $-6.42 | $-0.72 |
| EBITDA | -$26.3M | -$80.7M | -$104.7M | -$80.5M |
| Operating cash flow | -$22.6M | -$76.6M | -$65.4M | -$42.1M |
| Free cash flow | -$22.9M | -$77.4M | -$66.9M | -$46.8M |
| Diluted shares | 26.8M | 25.6M | 24.5M | 113.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $2.30B | $31.2M | $23.1M | $35.2M | $217.1M |
| Short-term investments | $0.00 | $8.9M | $15.9M | $79.3M | — |
| Total debt | $8.20B | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $61.64B | $56.3M | $60.4M | $167.6M | $235.8M |
| Total liabilities | $10.60B | $65.8M | $19.5M | $23.2M | $21.9M |
| Shareholders' equity | $44.12B | -$9.5M | $40.9M | $144.4M | $214.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology