Strategy (MSTR) Revenue — Quarter Ended Jun 30, 2025
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth reversed a decline seen in the previous period.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth reversed a decline seen in the previous period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$114.5M
Revenue reported for this quarter.
Quarter-over-quarter
+3.1%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$462.3M
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 |
|---|---|---|
| Sep 30, 2024 | $116.1M | -10.3% |
| Dec 31, 2024 | $120.7M | -3.0% |
| Mar 31, 2025 | $111.1M | -3.6% |
| Jun 30, 2025 | $114.5M | +2.7% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a positive sequential change. This follows a pattern of alternating quarterly movements over the past year.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also increased. The year-over-year growth rate was slightly lower than the sequential gain.
What to watch
The company's digital assets, held as indefinite-lived intangible assets, increased substantially from year-end, though their valuation impact is not reflected in revenue.