Strategy (MSTR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter ended June 30, 2024 declined compared with both the prior quarter and the same period one year earlier. The company's digital asset holdings increased significantly from the end of the prior fiscal year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter ended June 30, 2024 declined compared with both the prior quarter and the same period one year earlier. The company's digital asset holdings increased significantly from the end of the prior fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$111.4M
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
-7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$480.6M
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 |
|---|---|---|
| Sep 30, 2023 | $129.5M | +3.3% |
| Dec 31, 2023 | $124.5M | -6.1% |
| Mar 31, 2024 | $115.2M | -5.5% |
| Jun 30, 2024 | $111.4M | -7.4% |
Revenue performance
Revenue decreased from the immediately preceding quarter and from the same quarter a year ago, extending a trend of sequential declines.
Quarterly comparison
Compared with the prior quarter, revenue was lower. Compared with the same quarter one year earlier, the decline was more pronounced than the sequential change.
What to watch
The company's significant investment in digital assets and its new at-the-market equity offering program warrant continued attention.