stockrowStrategy Inc
MSTR Technology Software Application
Strategy Inc’s revenue for fiscal 2025 (year ended December 2025) was $477.2 million, up 2.97% from fiscal 2024.
- Revenue
- −2.54%
- EPS
- +413.8%
- Free cash flow
- +96.1%
- Total debt
- −17.8%
Quarter to September 2026, against a year earlier
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Strategy Inc (MSTR) Free cash flow
Strategy Inc's free cash flow for fiscal 2025 was −$22.6B, compared with −$22.1B in fiscal 2024. Over the twelve months to 30 September 2026 it was −$16.9B. Over the past ten years it has ranged from −$22.6B (fiscal 2025) to $136.6M (fiscal 2015) — the current reading is the lowest in ten years. Free cash flow has fallen for 3 consecutive fiscal years. Strategy Inc ranks 222nd of 222 Software Application companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$22.6B | — |
| FY2024 | −$22.1B | — |
| FY2023 | −$1.9B | — |
| FY2022 | −$287.2M | — |
| FY2021 | −$2.5B | — |
| FY2020 | −$1.1B | — |
| FY2019 | $50.7M | 1,240.52% |
| FY2018 | $3.8M | (94.91%) |
| FY2017 | $74.3M | (31.33%) |
| FY2016 | $108.3M | (20.76%) |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | −$193.4M | — |
| Jun 2026 | −$6.4B | — |
| Mar 2026 | −$7.2B | — |
| Dec 2025 | −$3.1B | — |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| INTU Intuit Inc. compare | $8.6B |
| WDAY Workday, Inc. compare | $2.8B |
| ADSK Autodesk, Inc. compare | $2.8B |
| ROP Roper Technologies, Inc. compare | $2.5B |
| PAYX Paychex, Inc. compare | $2.0B |
| CDNS Cadence Design Systems, Inc. compare | $1.8B |
| TEAM Atlassian Corporation PLC compare | $1.3B |
| DDOG Datadog, Inc. compare | $1.1B |
| MSTR Strategy Inc | −$16.9B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MSTR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement