Strategy Inc

NAS:MSTRTechnologyNASDAQ:IXCONASDAQ:KFTX

$136.02−0.59%At closeAt close · Tue 20 Oct · ≈ AED 499.53 · Market cap $57.41B · Next earnings Thu 29 Oct · Extended $136.23 +0.15%

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	81.1%	82.0%	79.4%	77.8%	72.1%	68.7%	—	—
Operating margin	−2.8%	−153.6%	−255.5%	−23.2%	−399.8%	−1,140.8%	−1,140.8%	+0.0 pts
Net margin	−1.6%	−104.8%	−294.4%	86.5%	−251.7%	−844.8%	−806.3%	+38.4 pts
EBITDA margin	14.6%	−150.9%	−252.1%	−12.3%	−400.2%	−1,139.0%	—	—
Return on equity	−1.4%	−54.7%	383.6%	19.8%	−6.4%	−7.9%	−7.5%	+0.4 pts
Return on assets	−0.5%	−15.1%	−61.0%	9.0%	−4.5%	−6.5%	−6.2%	+0.3 pts
Return on capital employed	−1.2%	−24.2%	−61.0%	−2.6%	−7.3%	−8.9%	—	—
Debt / equity	1.0×	2.3×	−6.4×	1.0×	0.4×	0.2×	0.2×	+0.0%
Debt / assets	38.9%	62.7%	101.5%	47.3%	28.1%	13.4%	—	—
Interest coverage	−7.5×	−26.9×	−24.0×	−2.3×	−29.9×	−83.8×	—	—
Current ratio	1.0×	0.9×	0.8×	0.8×	0.7×	5.6×	5.6×	+0.0%
Quick ratio	1.0×	0.9×	0.8×	0.8×	0.7×	5.6×	—	—
Cash ratio	0.2×	0.2×	0.1×	0.1×	0.1×	5.0×	5.0×	+0.0%
Asset turnover	0.3×	0.1×	0.2×	0.1×	0.0×	0.0×	—	—
Receivables turnover	2.4×	2.7×	2.6×	2.7×	2.6×	2.3×	—	—
Dividend payout	0.0%	0.0%	0.0%	0.0%	0.0%	−9.5%	—	—