Strategy Inc
Company Stats
- Market Cap
- $58.8B
- as of Sep 30, 2026
- Shares Outstanding
- 384.2M
- Free Float
- 94.0%
Income Statement
- Revenue
- $477.2M
- Operating Income
- -$5.4B
- Net Income
- -$3.8B
- EBITDA
- -$5.4B
- Revenue Growth, 3Y
- -1.5%
- FCF Margin, 3Y Avg
- -8.6%
- FCF Margin, Worst Year
- -15.8%
Cash Flow
- Free Cash Flow
- -$75.5M
- FCF Yield
- -0.1%
- Owner FCF Yield
- -0.2%
Balance Sheet
- Cash & Equivalents
- $2.3B
Returns & Capital
- SBC, 3Y Avg
- $66.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $477.2M | -$75.5M | -15.8% |
| FY2024 | $463.5M | -$56.0M | -12.1% |
| FY2023 | $496.3M | $9.8M | 2.0% |
| FY2022 | $499.3M | $725,000 | 0.1% |
| FY2021 | $510.8M | $91.1M | 17.8% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back