Strategy Inc 10.00% Series A Perpetual Strife Preferred Stock financials
$103.55−0.11%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q3 '26 Mar 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 |
|---|---|---|---|---|---|
| Revenue | $122.4M | $124.3M | $128.7M | $114.5M | $111.1M |
| Gross profit | $81.5M | $83.4M | $90.7M | $78.7M | $77.1M |
| Gross margin | 66.6% | 67.1% | 70.5% | 68.8% | 69.4% |
| Operating income | -$8.33B | -$14.9M | -$5.0K | $14.03B | -$5.92B |
| Net income | -$8.62B | -$12.77B | $2.65B | $9.97B | -$4.23B |
| Net margin | −7044.6% | −10275.3% | 2055.4% | 8709.9% | −3806.8% |
| Diluted EPS | $-24.45 | $-38.25 | $8.42 | $32.60 | $-16.49 |
| EBITDA | -$8.33B | -$6.2M | $4.2M | $14.03B | -$8.8M |
| Operating cash flow | — | $14.0M | -$8.3M | -$50.6M | -$2.4M |
| Free cash flow | — | $13.0M | -$16.1M | -$55.4M | -$11.1M |
| Diluted shares | 352.5M | 333.9M | 315.4M | 306.8M | 256.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.71B | $2.21B | $2.30B | $54.3M | $50.1M | $60.3M |
| Short-term investments | $736.1M | $0.00 | $0.00 | $0.00 | — | $0.00 |
| Total debt | $6.72B | $8.20B | $8.20B | $8.20B | $8.17B | $8.15B |
| Total assets | $52.56B | $54.27B | $61.64B | $73.62B | $64.77B | $43.92B |
| Total liabilities | $7.24B | $8.63B | $10.60B | $15.50B | $14.40B | $10.39B |
| Shareholders' equity | $30.89B | $36.65B | $44.12B | $52.33B | $47.48B | $32.22B |
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