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) Shares outstanding
Strategy Inc's shares outstanding at the end of fiscal 2025 was $277.7M, up 44.2% from $192.5M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $428.0M. Over the past ten years it has ranged from $96.8M (fiscal 2020) to $277.7M (fiscal 2025) — the current reading is the highest in ten years. Strategy Inc ranks 15th of 211 Software Application companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $277.7M | 44.20% |
| FY2024 | $192.5M | 16.23% |
| FY2023 | $165.7M | 46.33% |
| FY2022 | $113.2M | 12.98% |
| FY2021 | $100.2M | 3.47% |
| FY2020 | $96.8M | (6.24%) |
| FY2019 | $103.3M | (9.50%) |
| FY2018 | $114.1M | (1.17%) |
| FY2017 | $115.5M | 0.27% |
| FY2016 | $115.2M | (0.20%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $428.0M | 21.42% |
| Jun 2026 | $352.5M | 5.58% |
| Mar 2026 | $333.9M | 20.26% |
| Dec 2025 | $277.7M | (11.96%) |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| MSTR Strategy Inc | $428.0M |
| DDOG Datadog, Inc. compare | $375.0M |
| PAYX Paychex, Inc. compare | $356.6M |
| INTU Intuit Inc. compare | $277.0M |
| CDNS Cadence Design Systems, Inc. compare | $275.3M |
| TEAM Atlassian Corporation PLC compare | $260.2M |
| WDAY Workday, Inc. compare | $246.3M |
| ADSK Autodesk, Inc. compare | $211.0M |
| ROP Roper Technologies, Inc. compare | $99.4M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- 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
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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