MS
MSTR
Quarter ended Mar 31, 2023 · FY2023 Q1

Strategy (MSTR) Revenue — Quarter Ended Mar 31, 2023

Revenue for this quarter fell compared to the previous quarter but rose compared to the same quarter last year. The trailing twelve-month revenue figure was also reported.

Key takeaway

Quarter ended Mar 31, 2023 · FY2023 Q1

Revenue for this quarter fell compared to the previous quarter but rose compared to the same quarter last year. The trailing twelve-month revenue figure was also reported.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$121.9M

Revenue reported for this quarter.

Quarter-over-quarter

-8.0%

Change from the immediately preceding quarter.

Year-over-year

+2.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$501.9M

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2022$122.1M-2.6%
Sep 30, 2022$125.4M-2.1%
Dec 31, 2022$132.6M-1.5%
Mar 31, 2023$121.9M+2.2%

Revenue performance

The quarter-over-quarter decline reversed the prior period's sequential improvement, while the year-over-year increase showed a modest gain from a year ago.

Quarterly comparison

The revenue drop from the immediately preceding quarter was notable, whereas the comparison to the same quarter one year earlier was positive.

What to watch

Digital asset holdings increased during the quarter, consistent with the company's disclosed bitcoin acquisition strategy.