Strategy Inc
MSTRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
463
Cost of Revenue
129
Gross Profit
334
Gross Margin
72.1%
Operating Income
-1,853
Operating Margin
-399.8%
Net Income
-1,167
Net Margin
-251.7%
EPS (Basic)
$-6.06
EPS (Diluted)
$-6.06
EBITDA
-1,855
EBITDA Margin
-400.2%
2023
12/31/2023
Revenue
496
Cost of Revenue
110
Gross Profit
386
Gross Margin
77.8%
Operating Income
-115
Operating Margin
-23.2%
Net Income
429
Net Margin
86.5%
EPS (Basic)
$3.14
EPS (Diluted)
$2.64
EBITDA
-61
EBITDA Margin
-12.3%
2022
12/31/2022
Revenue
499
Cost of Revenue
103
Gross Profit
396
Gross Margin
79.4%
Operating Income
-1,276
Operating Margin
-255.5%
Net Income
-1,470
Net Margin
-294.4%
EPS (Basic)
$-12.98
EPS (Diluted)
$-12.98
EBITDA
-1,258
EBITDA Margin
-252.1%
2021
12/31/2021
Revenue
511
Cost of Revenue
92
Gross Profit
419
Gross Margin
82.0%
Operating Income
-785
Operating Margin
-153.6%
Net Income
-535
Net Margin
-104.8%
EPS (Basic)
$-5.34
EPS (Diluted)
$-5.34
EBITDA
-771
EBITDA Margin
-150.9%
2020
12/31/2020
Revenue
481
Cost of Revenue
91
Gross Profit
390
Gross Margin
81.1%
Operating Income
-14
Operating Margin
-2.8%
Net Income
-8
Net Margin
-1.6%
EPS (Basic)
$-0.08
EPS (Diluted)
$-0.08
EBITDA
70
EBITDA Margin
14.6%