Strategy (MSTR) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter was higher than the immediately preceding quarter and also higher than the same quarter one year earlier. The sequential improvement reversed the downward trend observed in the earlier quarters of the fiscal year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter was higher than the immediately preceding quarter and also higher than the same quarter one year earlier. The sequential improvement reversed the downward trend observed in the earlier quarters of the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$129.5M
Revenue reported for this quarter.
Quarter-over-quarter
+7.5%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$504.3M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $132.6M | -1.5% |
| Mar 31, 2023 | $121.9M | +2.2% |
| Jun 30, 2023 | $120.4M | -1.4% |
| Sep 30, 2023 | $129.5M | +3.3% |
Revenue performance
The company reported revenue growth both sequentially and year over year.
Quarterly comparison
Compared to the prior quarter, revenue rose, and compared to the year-ago quarter, revenue also increased. The prior two quarters had shown declining revenue.
What to watch
The company's liquidity position and digital asset holdings remain important to monitor given its ongoing bitcoin acquisition strategy and equity capital raising activities.