Strategy Inc · 2025 Q3
ReportedOct 30, 2025
Period endedSep 30, 2025
Rule of 40+2
The quarter in short
Revenue $129M, up 10.9% year over year and 12.4% on the quarter. EPS $8.42, down 74.2% on the quarter. Free cash flow -$11M, up 73.2% year over year and 70.0% on the quarter. Rule of 40 score +2.
Reported this quarter
Revenue
$129M
QoQ +12.4%
YoY +10.9%
EPS
$8.42
QoQ -74.2%
YoY —
Free Cash Flow
-$11M
QoQ +70.0%
YoY +73.2%
Gross Margin
70.5%
QoQ +1.7 pp
YoY +0.0 pp
FCF Margin
-8.6%
QoQ +23.7 pp
YoY +27.0 pp
P/E Ratio
15.2
QoQ -58.5%
YoY —
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Sources & downloads
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Earnings press release
Investor relations announcement
SEC filings
Filed with the SEC under CIK 1050446.
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8-K results announcement
Filed Oct 30, 2025
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Press release (EX-99.1)
Exhibit 99.1 to the 8-K
650 KB
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10-Q quarterly report
Period ended Sep 30, 2025, filed Nov 3, 2025
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This quarter (CSV)
Reported metrics for 2025 Q3, spreadsheet-ready
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This quarter (JSON)
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