Strategy Inc splits its revenue into 4 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Product Support at $204.2 million, 43% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
495
|
477
|
463
|
496
|
499
|
511
|
481
|
486
|
498
|
504
|
514
|
| Product Support |
171
-20.3%
share 34.5%
|
204
-16.2%
share 42.8%
|
244
-7.6%
share 52.6%
|
264
-1.0%
share 53.2%
|
267
-5.2%
share 53.4%
|
281
-1.1%
share 55.1%
|
284
-2.6%
share 59.2%
|
292
-1.4%
share 60.0%
|
296
+2.4%
share 59.5%
|
289
share 57.4%
|
—
|
| Subscription And Circulation |
242
+55.4%
share 48.9%
|
176
+64.5%
share 36.8%
|
107
+31.5%
share 23.0%
|
81
+33.6%
share 16.4%
|
61
+41.0%
share 12.2%
|
43
+30.2%
share 8.4%
|
33
+12.5%
share 6.9%
|
29
-0.6%
share 6.0%
|
30
-8.6%
share 5.9%
|
32
share 6.4%
|
—
|
| Other services |
62
+6.2%
share 12.4%
|
58
-10.3%
share 12.1%
|
64
-15.2%
share 13.9%
|
76
-11.3%
share 15.3%
|
85
+1.0%
share 17.1%
|
85
+10.7%
share 16.6%
|
76
-1.2%
share 15.9%
|
77
-7.6%
share 15.9%
|
84
-5.9%
share 16.8%
|
89
share 17.7%
|
—
|
| License |
21
-55.7%
share 4.2%
|
40
-18.3%
share 8.3%
|
49
-35.5%
share 10.5%
|
75
-12.9%
share 15.2%
|
86
-15.0%
share 17.3%
|
102
+17.4%
share 19.9%
|
87
-0.8%
share 18.0%
|
87
-0.7%
share 18.0%
|
88
-5.6%
share 17.7%
|
93
share 18.5%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- MSTR (Nasdaq), STRC (Nasdaq), STRD (Nasdaq), STRF (Nasdaq), STRK (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Tysons Corner, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1050446
- Former names
- MICROSTRATEGY INC (until Aug 11, 2025); MICROSTRATEGY Inc (until Aug 11, 2025)
Other Finance Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.