Strategy Inc (MSTR)MSTRStrategy Inc

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	2.391B	2.391B	2.564B	213.951M	213.461M	203.612M	252.324M	186.042M	208.269M
Cash & Cash Equivalents	2.207B	2.207B	2.301B	54.285M	50.095M	62.258M	38.117M	46.343M	66.923M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.207B	2.207B	2.301B	54.285M	50.095M	62.258M	38.117M	46.343M	66.923M
Accounts Receivable	122.257M	122.257M	205.748M	113.406M	117.870M	107.285M	181.203M	107.169M	112.234M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	54.269B	54.269B	61.641B	73.619B	64.773B	43.920B	25.844B	8.344B	7.053B
Property, Plant & Equipment	86.545M	86.545M	75.833M	79.185M	81.776M	81.405M	80.887M	82.825M	81.923M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	51.650B	51.650B	58.854B	73.206B	64.363B	43.546B	23.909B	6.851B	5.688B
Long-Term Investments	0.00	0.00	0.00	11.100M	10.400M	6.300M	6.800M	5.400M	5.400M
Total Current Liabilities	395.057M	395.057M	456.492M	324.090M	314.572M	308.689M	355.384M	288.111M	446.063M
Accounts Payable	44.660M	44.660M	50.335M	48.723M	44.220M	47.016M	33.398M	45.714M	44.188M
Short-Term Debt	31.402M	31.402M	31.313M	316K	349K	525K	10.901M	509K	145.119M
Total Liabilities	8.632B	8.632B	10.598B	15.502B	14.402B	10.394B	7.614B	4.570B	4.218B
Long-Term Debt	8.165B	8.165B	8.205B	8.174B	8.162B	8.140B	7.191B	4.212B	3.703B
Total Debt	8.257B	8.257B	8.282B	8.222B	8.214B	8.194B	7.258B	4.270B	3.905B
Net Debt (Cash)	6.050B	6.050B	5.981B	8.168B	8.164B	8.132B	7.220B	4.224B	3.838B
Total Shareholders' Equity	45.636B	45.636B	51.043B	58.117B	50.371B	33.526B	18.230B	3.774B	2.835B
Common Stock	346K	346K	312K	287K	281K	267K	246K	212K	28K
Retained Earnings	-6.471B	-6.471B	6.322B	18.945B	16.324B	6.352B	-2.167B	-1.495B	-1.155B
Current Ratio	6.05	6.05	5.62	0.66	0.68	0.66	0.71	0.65	0.47
Debt to Equity Ratio	0.18	0.18	0.16	0.14	0.16	0.24	0.40	1.13	1.38

Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	2.564B	252.324M	267.895M	264.566M	267.965M	272.620M	753.446M	778.399M
Cash & Cash Equivalents	2.303B	38.117M	46.817M	43.835M	63.356M	59.675M	456.727M	109.924M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	108.919M	466.186M
Cash & Short-Term Investments	2.303B	38.117M	46.817M	43.835M	63.356M	59.675M	565.646M	576.110M
Accounts Receivable	205.748M	181.203M	183.815M	189.280M	189.280M	197.461M	163.516M	171.359M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	61.641B	25.844B	4.763B	2.410B	3.557B	1.466B	916.571M	855.768M
Property, Plant & Equipment	75.833M	80.887M	86.284M	93.610M	103.347M	116.572M	135.692M	51.919M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	58.854B	23.909B	3.626B	1.840B	2.850B	1.054B	0.00	0.00
Long-Term Investments	0.00	6.800M	0.00	0.00	0.00	1.054B	0.00	0.00
Total Current Liabilities	456.492M	355.384M	323.273M	317.403M	311.985M	285.618M	269.818M	258.269M
Accounts Payable	50.335M	33.398M	32.627M	42.976M	46.084M	44.848M	33.919M	33.684M
Short-Term Debt	31.313M	10.901M	10.946M	454K	0.00	0.00	0.00	0.00
Total Liabilities	10.598B	7.614B	2.598B	2.793B	2.578B	912.567M	408.012M	326.037M
Long-Term Debt	8.205B	7.191B	2.182B	2.379B	2.155B	486.366M	0.00	0.00
Total Debt	8.282B	7.258B	2.254B	2.446B	2.232B	570.694M	103.424M	0.00
Net Debt (Cash)	5.979B	7.220B	2.207B	2.403B	2.168B	511.019M	-353.303M	-109.924M
Total Shareholders' Equity	51.043B	18.230B	2.165B	-383.120M	978.958M	553.045M	508.559M	529.731M
Common Stock	312K	246K	26K	20K	20K	18K	18K	18K
Retained Earnings	6.322B	-2.167B	-999.234M	-1.428B	41.442M	575.965M	583.489M	549.134M
Current Ratio	5.62	0.71	0.83	0.83	0.86	0.95	2.79	3.01
Debt to Equity Ratio	0.16	0.40	1.04	-6.39	2.28	1.03	0.20	0.00

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Strategy Inc

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

Tysons Corner, VA

1,539 employees

www.strategy.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Phong Le

View full financials