Strategy (MSTR) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Strategy Revenue Highlights

Latest Revenue (Y)

$477.23M

Latest Revenue (Q)

$128.69M

Main Segment (Y)

Product Licenses And Subscription Services

Main Geography (Y)

North America

Strategy Revenue by Period

Strategy Revenue by Year

Date	Revenue	Change
2025-12-31	$477.23M	2.97%
2024-12-31	$463.46M	-6.61%
2023-12-31	$496.26M	-0.60%
2022-12-31	$499.26M	-2.25%
2021-12-31	$510.76M	6.25%
2020-12-31	$480.74M	-1.15%
2019-12-31	$486.33M	-2.27%
2018-12-31	$497.64M	-1.23%
2017-12-31	$503.84M	-1.90%
2016-12-31	$513.59M	-3.07%
2015-12-31	$529.87M	-8.62%
2014-12-31	$579.83M	0.68%
2013-12-31	$575.89M	1.80%
2012-12-31	$565.72M	5.32%
2011-12-31	$537.17M	18.17%
2010-12-31	$454.58M	20.33%
2009-12-31	$377.79M	4.83%
2008-12-31	$360.39M	2.77%
2007-12-31	$350.67M	11.74%
2006-12-31	$313.82M	16.81%
2005-12-31	$268.66M	16.20%
2004-12-31	$231.21M	31.68%
2003-12-31	$175.58M	18.77%
2002-12-31	$147.83M	-18.06%
2001-12-31	$180.42M	-16.19%
2000-12-31	$215.26M	42.31%
1999-12-31	$151.26M	58.40%
1998-12-31	$95.49M	81.71%
1997-12-31	$52.55M	-

Strategy generated $477.23M in revenue during NA 2025, up 2.97% compared to the previous quarter, and up 99.27% compared to the same period a year ago.

Strategy Revenue by Quarter

Date	Revenue	Change
2025-09-30	$128.69M	12.41%
2025-06-30	$114.49M	3.08%
2025-03-31	$111.07M	-7.98%
2024-12-31	$120.70M	3.99%
2024-09-30	$116.07M	4.15%
2024-06-30	$111.44M	-3.30%
2024-03-31	$115.25M	-7.42%
2023-12-31	$124.48M	-3.85%
2023-09-30	$129.46M	7.53%
2023-06-30	$120.40M	-1.24%
2023-03-31	$121.92M	-8.03%
2022-12-31	$132.55M	5.74%
2022-09-30	$125.36M	2.69%
2022-06-30	$122.07M	2.34%
2022-03-31	$119.28M	-11.33%
2021-12-31	$134.51M	5.09%
2021-09-30	$127.99M	2.11%
2021-06-30	$125.35M	1.99%
2021-03-31	$122.90M	-6.41%
2020-12-31	$131.32M	3.07%
2020-09-30	$127.41M	15.21%
2020-06-30	$110.58M	-0.75%
2020-03-31	$111.42M	-16.56%
2019-12-31	$133.53M	11.56%
2019-09-30	$119.69M	1.66%
2019-06-30	$117.74M	2.06%
2019-03-31	$115.37M	-12.55%
2018-12-31	$131.92M	7.99%
2018-09-30	$122.15M	1.29%
2018-06-30	$120.60M	-1.92%
2018-03-31	$122.97M	-10.99%
2017-12-31	$138.15M	10.33%
2017-09-30	$125.21M	3.82%
2017-06-30	$120.61M	0.03%
2017-03-31	$120.58M	-13.94%
2016-12-31	$140.11M	7.86%
2016-09-30	$129.90M	5.48%
2016-06-30	$123.14M	3.47%
2016-03-31	$119.02M	-17.08%
2015-12-31	$143.52M	10.80%
2015-09-30	$129.54M	-2.56%
2015-06-30	$132.94M	7.32%
2015-03-31	$123.87M	-16.79%
2014-12-31	$148.87M	-1.54%
2014-09-30	$151.20M	6.59%
2014-06-30	$141.85M	2.86%
2014-03-31	$137.90M	-16.87%
2013-12-31	$165.88M	16.88%
2013-09-30	$141.92M	2.91%
2013-06-30	$137.91M	5.93%
2013-03-31	$130.18M	-20.84%
2012-12-31	$164.45M	14.82%
2012-09-30	$143.23M	0.98%
2012-06-30	$141.84M	-2.24%
2012-03-31	$145.09M	-9.47%
2011-12-31	$160.27M	13.10%
2011-09-30	$141.70M	2.57%
2011-06-30	$138.15M	13.21%
2011-03-31	$122.03M	-12.29%
2010-12-31	$139.12M	21.47%
2010-09-30	$114.53M	6.50%
2010-06-30	$107.54M	15.15%
2010-03-31	$93.39M	-11.71%
2009-12-31	$105.77M	1.69%
2009-09-30	$104.02M	18.53%
2009-06-30	$87.76M	9.37%
2009-03-31	$80.24M	-15.54%
2008-12-31	$95.00M	4.83%
2008-09-30	$90.63M	1.99%
2008-06-30	$88.86M	6.36%
2008-03-31	$83.54M	-

Strategy generated $128.69M in revenue during Q3 2025, up 12.41% compared to the previous quarter, and up 115.48% compared to the same period a year ago.

Strategy Revenue Breakdown

Strategy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Subscription And Circulation	$175.66M	$106.78M	$60.75M	$43.07M	-
License	$39.67M	$48.57M	$75.35M	$86.50M	$101.80M
Product Licenses And Subscription Services	$215.33M	$155.34M	$156.53M	$147.24M	$144.87M
Subscription and Circulation	-	$106.78M	$81.18M	-	-
Technology Service	-	$64.31M	$75.84M	$85.50M	$84.68M
Maintenance	-	$243.81M	$263.89M	$266.52M	$281.21M

Strategy's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product Licenses And Subscription Services (50.00%), Subscription And Circulation (40.79%), and License (9.21%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23
License	$7.85M	$17.37M	$7.18M	$7.27M	$24.54M	$11.09M	$12.94M	$18.37M	$24.05M	$15.52M
Subscription And Circulation	$51.76M	$45.97M	$40.82M	$37.10M	$19.88M	-	-	-	-	-
Product Licenses And Subscription Services	$103.98M	$63.34M	$48.00M	$44.37M	$80.55M	$38.89M	$35.90M	$39.89M	$45.02M	$35.40M
Maintenance	-	$51.12M	$52.08M	$52.53M	$120.11M	$61.02M	$62.69M	$65.47M	$66.86M	$66.08M
Technology Service	-	$14.23M	$14.41M	$14.16M	$31.48M	$16.17M	$16.66M	$19.13M	$17.58M	$18.92M
Subscription and Circulation	-	-	-	$37.10M	$56.01M	$27.80M	$22.97M	$60.20M	$20.97M	-

Strategy's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product Licenses And Subscription Services (63.56%), Subscription And Circulation (31.64%), and License (4.80%).

Strategy Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Other Regions	$42.35M	$47.95M	$56.17M	$48.13M	$53.49M
North America	$272.22M	$259.58M	$298.52M	$286.13M	-
E M E A	$162.66M	$155.92M	$152.61M	$171.14M	-
EMEA	-	$155.92M	$155.91M	-	-
UNITED STATES	-	$259.58M	$284.17M	-	-

Strategy's latest annual revenue breakdown by geography, as of Dec 25: North America (57.04%), E M E A (34.08%), and Other Regions (8.87%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23
North America	$68.87M	$74.57M	$65.31M	$63.46M	-	-	-	-	-	-
E M E A	$43.08M	$42.26M	$39.44M	$37.88M	$37.11M	-	-	-	-	-
Other Regions	$11.04M	$11.86M	$9.73M	$9.72M	$22.28M	$13.16M	$12.51M	$12.64M	$17.45M	$11.86M
UNITED STATES	-	-	-	$63.46M	$131.25M	$63.96M	$64.38M	$71.28M	$71.79M	$71.43M
EMEA	-	-	-	$37.88M	$78.62M	$38.95M	$38.35M	$115.69M	$40.22M	-

Strategy's latest quarterly revenue breakdown by geography, as of Dec 25: North America (56.00%), E M E A (35.03%), and Other Regions (8.97%).

Strategy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
INFY	Infosys	$18.56B	$4.57B
TEL	TE Connectivity	$17.09B	$4.67B
GLW	Corning	$15.63B	$4.10B
WDAY	Workday	$9.55B	$2.43B
ADSK	Autodesk	$7.21B	$1.85B
FTNT	Fortinet	$6.80B	$1.72B
SNPS	Synopsys	$5.84B	$2.41B
CDNS	Cadence Design Systems	$5.30B	$1.34B
SNOW	Snowflake	$3.63B	$1.21B
DDOG	Datadog	$3.43B	$885.65M
MSTR	Strategy	$477.23M	$128.69M

MSTR Revenue FAQ

What is Strategy’s yearly revenue?

Strategy's yearly revenue for 2025 was $477.23M, representing an increase of 2.97% compared to 2024. The company's yearly revenue for 2024 was $463.46M, representing a decrease of -6.61% compared to 2023. MSTR's yearly revenue for 2023 was $496.26M, representing a decrease of -0.60% compared to 2022.

What is Strategy’s quarterly revenue?

Strategy's quarterly revenue for Q3 2025 was $128.69M, a 12.41% increase from the previous quarter (Q2 2025), and a 10.87% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $114.49M, a 3.08% increase from the previous quarter (Q1 2025), and a 2.73% increase year-over-year (Q2 2024). MSTR's quarterly revenue for Q1 2025 was $111.07M, a -7.98% decrease from the previous quarter (Q4 2024), and a -3.63% decrease year-over-year (Q1 2024).

What is Strategy’s revenue growth rate?

Strategy's revenue growth rate for the last 3 years (2023-2025) was -3.83%, and for the last 5 years (2021-2025) was -6.56%.

What are Strategy’s revenue streams?

Strategy's revenue streams in c 25 are Subscription And Circulation, License, and Product Licenses And Subscription Services. Subscription And Circulation generated $175.66M in revenue, accounting 40.79% of the company's total revenue, up 64.51% year-over-year. License generated $39.67M in revenue, accounting 9.21% of the company's total revenue, down -18.31% year-over-year. Product Licenses And Subscription Services generated $215.33M in revenue, accounting 50.00% of the company's total revenue, up 38.62% year-over-year.

What is Strategy’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Strategy was Product Licenses And Subscription Services. This segment made a revenue of $215.33M, representing 50.00% of the company's total revenue.