Strategy (MSTR) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined compared to both the prior quarter and the same period last year. The decrease reflects a continuation of the downward trend seen in recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined compared to both the prior quarter and the same period last year. The decrease reflects a continuation of the downward trend seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$115.2M
Revenue reported for this quarter.
Quarter-over-quarter
-7.4%
Change from the immediately preceding quarter.
Year-over-year
-5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$489.6M
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 |
|---|---|---|
| Jun 30, 2023 | $120.4M | -1.4% |
| Sep 30, 2023 | $129.5M | +3.3% |
| Dec 31, 2023 | $124.5M | -6.1% |
| Mar 31, 2024 | $115.2M | -5.5% |
Revenue performance
The reported revenue was lower than the preceding quarter, marking a sequential decline.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also decreased, indicating a year-over-year contraction.
What to watch
Monitor whether the company's bitcoin acquisition strategy continues to influence cash and revenue trends.