MicroStrategy Subscription And Circulation — Total revenues increased by 28.1% to $58.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 58.7%, from $37.10M to $58.88M. Over 4 years (FY 2021 to FY 2025), Subscription And Circulation — Total revenues shows an upward trend with a 34.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates successful customer acquisition and expansion of the recurring revenue base, while a decrease may signal churn or pricing pressure.
This metric represents the total revenue generated from recurring software-as-a-service (SaaS) or subscription-based pro...
Comparable to SaaS subscription revenue reported by other enterprise software companies, often benchmarked against Annual Recurring Revenue (ARR) growth rates.
mstr_segment_subscription_services_total_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.34M | $10.85M | $5.35M | $12.85M | $14.02M | $16.41M | $5.64M | $18.81M | $19.88M | $20.97M | $13.16M | $22.97M | $24.08M | $27.80M | $1.05M | $37.10M | $40.82M | $45.97M | $58.88M |
| QoQ Change | — | +4.9% | -50.7% | +139.9% | +9.1% | +17.1% | -65.6% | +233.3% | +5.7% | +5.5% | -37.3% | +74.5% | +4.9% | +15.4% | -96.2% | >999% | +10.0% | +12.6% | +28.1% |
| YoY Change | — | — | — | — | +35.5% | +51.2% | +5.4% | +46.4% | +41.8% | +27.8% | +133.2% | +22.1% | +21.1% | +32.5% | -92.0% | +61.6% | +69.5% | +65.4% | +58.7% |