Strategy (MSTR) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$24.45
- EPS estimate
- −$2.19
- EPS surprise
- −1017.00%
- Revenue surprise
- −0.43%
- Revenue
- $122.4M
- Revenue estimate
- $122.9M
- Reported
- Jul 30, 2026
Strategy reported Q2 2026 results on July 30, 2026. It posted a loss of $24.45 per share, against an estimated loss of $2.19, a surprise of -1017.00%. Revenue of $122.4 million was 0.43% below the $122.9 million consensus. A year earlier, Q2 2025 showed a profit of $32.60 per share, while revenue then was $114.5 million, about 7% lower.
Strategy's per-share results swing far more than its revenue. Quarterly revenue stayed between $111.1 million and $134.5 million across the whole table. EPS ranged from a $32.60 profit in Q2 2025 to a $42.93 loss in Q4 2025. The last three quarters were all losses: $42.93, $38.25 and $24.45. Annual EPS was a loss of $12.99 in 2022, a profit of $2.82 in 2023, then losses of $5.63 in 2024 and $18.40 in 2025. Fifteen of the 20 quarters shown were losses. Strategy beat the EPS estimate only 5 times in those 20 quarters, and surprise percentages are very large because estimates sat close to zero.
Q3 results came between October 28 and November 1 in each of the past five years. That points to late October or early November 2026 for the next report.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | −$2.19 | −$24.45 | −1017.00% | $122.4M | SEC |
| Q1 2026 | May 5, 2026 | −$0.86 | −$38.25 | −4337.35% | $124.3M | SEC |
| Q4 2025 | Feb 5, 2026 | −$0.08 | −$42.93 | −53562.50% | $123.0M | SEC |
| Q3 2025 | Oct 30, 2025 | −$0.10 | $8.42 | +8354.90% | $128.7M | SEC |
| Q2 2025 | Jul 31, 2025 | −$0.10 | $32.60 | +33263.78% | $114.5M | SEC |
| Q1 2025 | May 1, 2025 | −$2.44 | −$16.49 | −575.43% | $111.1M | SEC |
| Q4 2024 | Feb 5, 2025 | −$0.09 | −$3.03 | −3215.10% | $120.7M | SEC |
| Q3 2024 | Oct 30, 2024 | −$0.12 | −$1.72 | −1298.37% | $116.1M | SEC |
| Q2 2024 | Aug 1, 2024 | −$0.09 | −$0.57 | −519.20% | $112.1M | SEC |
| Q1 2024 | Apr 29, 2024 | −$0.05 | −$0.31 | −466.97% | $114.9M | SEC |
| Q4 2023 | Feb 6, 2024 | −$0.06 | $0.50 | +875.00% | $124.5M | SEC |
| Q3 2023 | Nov 1, 2023 | $0.03 | −$1.01 | −3430.03% | $129.5M | SEC |
| Q2 2023 | Aug 1, 2023 | −$0.02 | $0.15 | +900.00% | $120.4M | SEC |
| Q1 2023 | May 1, 2023 | −$0.03 | $3.18 | +10034.38% | $126.0M | SEC |
| Q4 2022 | Feb 2, 2023 | $0.00 | −$2.19 | −109750.00% | $132.6M | SEC |
| Q3 2022 | Nov 1, 2022 | −$0.02 | −$0.24 | −1493.33% | $125.4M | — |
| Q2 2022 | Aug 2, 2022 | −$0.03 | −$9.40 | −36057.69% | $122.1M | — |
| Q1 2022 | May 3, 2022 | $0.14 | −$1.16 | −908.09% | $119.3M | SEC |
| Q4 2021 | Feb 1, 2022 | $0.07 | −$0.84 | −1254.79% | $134.5M | SEC |
| Q3 2021 | Oct 28, 2021 | $0.06 | −$0.36 | −733.33% | $128.0M | — |
Quarterly revenue
Frequently asked questions
When did Strategy (MSTR) last report earnings?
Strategy last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did MSTR beat earnings estimates?
No. Strategy reported EPS of −$24.45 for Q2 2026 against a −$2.19 estimate — a 1017.00% miss.
How much revenue did MSTR report last quarter?
Strategy reported $122.4M in revenue for Q2 2026, against a consensus estimate of $122.9M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.