← Strategy Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $512.2m | $504.5m | $497.6m | $486.3m | $480.7m | $510.8m | $499.3m | $496.3m | $463.5m | $477.2m | |
| Cost of Revenue | $93.1m | $96.6m | $99.5m | $100.0m | $91.1m | $91.9m | $103.0m | $109.9m | $129.5m | $149.4m | |
| Gross Profit | $419.0m | $407.9m | $398.1m | $386.4m | $389.7m | $418.9m | $396.3m | $386.3m | $334.0m | $327.8m | |
| Operating Expenses | $311.4m | $333.5m | $394.2m | $387.4m | $403.3m | $1.2b | $1.7b | $501.4m | $2.2b | $5.8b | |
| Operating Income (Loss) | $107.6m | $74.4m | $4.0m | ($1.0m) | ($13.6m) | ($784.5m) | ($1.3b) | ($115.0m) | ($1.9b) | ($5.4b) | |
| Additional Financial Items | |||||||||||
| Capitalized Computer Software, Amortization | $7.4m | $6.0m | $2.5m | $0 | $0 | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $3.0m | ($7.0m) | $4.7m | ($1.0m) | ($7.6m) | $2.5m | $6.2m | ($5.6m) | $2.9m | ($16.8m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $51.1m | $19.2m | ($18.3m) | $9.9m | ($53.2m) | ($854.6m) | ($1.4b) | ($157.8m) | ($2.0b) | ($5.6b) | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | — | $0 | $0 | $381.4m | |
| Realized Investment Gains (Losses) | — | — | ($153k) | ($41k) | $94k | $0 | $0 | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $113.0m | $72.6m | $20.5m | $38.3m | ($20.0m) | ($811.4m) | ($1.3b) | ($124.5m) | ($1.9b) | ($5.5b) | |
| Net Income (Loss) Attributable to Parent | $90.9m | $17.6m | $22.5m | $34.4m | ($7.5m) | ($535.5m) | ($1.5b) | $429.1m | ($1.2b) | ($3.8b) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | $429.1m | ($1.2b) | ($4.2b) | |
| Earnings Per Share, Basic | $7.96 | $1.54 | $1.98 | $3.35 | ($0.78) | ($53.44) | ($129.83) | $31.39 | ($6.06) | ($15.23) | |
| Earnings Per Share, Diluted | $7.89 | $1.53 | $1.97 | $3.33 | ($0.78) | ($53.44) | ($129.83) | $26.42 | ($6.06) | ($15.23) | |
| Weighted Average Number of Shares Outstanding, Basic | 11.4m | 11.4m | 11.4m | 10.3m | 9.7m | 10.0m | 11.3m | 13.7m | 192.5m | 277.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 11.5m | 11.5m | 11.4m | 10.3m | 9.7m | 10.0m | 11.3m | 16.6m | 192.5m | 277.7m | |
| Other Nonoperating Income (Expense) | $3.2m | ($7.0m) | $4.6m | $28.4m | ($7.0m) | $2.3m | $6.4m | ($5.2m) | $3.5m | ($16.6m) | |
| Current Income Tax Expense (Benefit) | $27.1m | $56.9m | $6.2m | $6.5m | $8.5m | $3.1m | $22.8m | $15.3m | $238k | $6.1m | |
| General and Administrative Expense | $79.5m | $80.2m | $86.1m | $86.7m | $80.1m | $95.5m | $111.4m | $115.3m | $140.5m | $151.9m | |
| Research and Development Expense | $73.1m | $78.8m | $102.5m | $109.4m | $103.6m | $117.1m | $127.4m | $120.5m | $118.5m | $93.9m | |
| Selling and Marketing Expense | $158.7m | $174.6m | $205.5m | $191.2m | $148.9m | $160.1m | $146.9m | $149.7m | $138.1m | $123.0m | |
| Income Tax Expense (Benefit) | $22.1m | $55.0m | ($2.0m) | $3.9m | ($12.4m) | ($275.9m) | $147.3m | ($553.6m) | ($767.7m) | ($1.7b) | |
| Interest Income (Expense), Nonoperating, Net | $2.2m | $5.2m | $11.9m | $10.9m | $710k | ($29.1m) | ($53.1m) | ($49.0m) | ($61.9m) | ($65.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.