Strategy (MSTR) Revenue — Quarter Ended Dec 31, 2023
Revenue for this quarter decreased compared to both the prior quarter and the same quarter a year earlier. The company's filing notes that it uses a significant portion of its cash, including proceeds from equity offerings, to acquire bitcoins.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for this quarter decreased compared to both the prior quarter and the same quarter a year earlier. The company's filing notes that it uses a significant portion of its cash, including proceeds from equity offerings, to acquire bitcoins.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$124.5M
Revenue reported for this quarter.
Quarter-over-quarter
-3.8%
Change from the immediately preceding quarter.
Year-over-year
-6.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$496.3M
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 |
|---|---|---|
| Mar 31, 2023 | $121.9M | +2.2% |
| Jun 30, 2023 | $120.4M | -1.4% |
| Sep 30, 2023 | $129.5M | +3.3% |
| Dec 31, 2023 | $124.5M | -6.1% |
Revenue performance
Revenue declined from the preceding quarter, reversing the increase seen in the prior period. The year-over-year comparison also shows a decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Versus the same quarter one year ago, revenue also decreased.
What to watch
The company's strategy of using cash from capital raising to acquire bitcoins remains a key area to monitor.