The financials
Strategy Inc by the numbers
Strategy Inc (MSTR) reported revenue of $122M in Q2 2026 (quarter ended Jun 30, 2026), up 6.9% from the same quarter a year earlier. That came with a gross margin of 67% and net loss of $8.22B. For the full year FY2025, revenue was $477M (+3.0% year on year) and net income −$3.85B. Its largest product in Q2 2026 was Product Licenses And Subscription Services at $67M, 62% of the disclosed total, well ahead of Product Support at 38%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $122M | $114M | +6.9% |
| Gross profit | $82M | $79M | +3.6% |
| Operating income | −$8.33B | $14.0B | to a loss |
| Net income | −$8.22B | $10.0B | to a loss |
| Diluted EPS | −$24.45 | $32.60 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Product Licenses And Subscription Services | $67M | 62% |
| Product Support | $40M | 38% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $106.8M (-1.7%)
Product Licenses And Subscription Services grew +39% year on yearProduct Support -23% year on year
Segment Latestquarter on quarteryear on year
- Product Licenses And Subscription Services$66.5M$66.5MQoQ +3.3%year on year +39%+3.3%+39%
- Product Support$40.2M$40.2MQoQ -8.9%year on year -23%-8.9%-23%
Software - Application
Ranks #57 of 72 by Smart Score