Skip to content

MicroStrategy MSTR Q3 2025 earnings

Reported May 1, 2025 · After market close

Revenue estimate$116.2M
EPS estimate-$2.44

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$121.9M
EPS estimate$0.79

Financials

Q3 2025

Income statement

See full
Revenue$111.1M-3.6%
Gross profit$77.1M-9.5%
Operating income-$5.9B-2,807%
Net income-$4.2B-7,840%
EPS (diluted)-$16.49-5,219%

Balance sheet

See full
Cash & equivalents$60.3M-25.9%
Total debt$8.2B+127%
Total equity$32.2B+1,242%
Total assets$43.9B+591%

Cash flow

See full
Operating cash flow-$2.4M-108%
CapEx$2.7M+77.2%
Free cash flow-$5.1M-119%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$75.08B+2,496%
Enterprise value$83.22B+1,194%
P/S163.1×+157×

Profitability

See full
Gross margin72.9%-6.1pp
Operating margin-3,493.7%
Net margin-1,157.9%-1,175pp

Returns & leverage

See full
Return on equity-30.8%-40.6pp
Debt / equity0.3×-1.3×
Current ratio0.7×-0.1×

Segments

By geography

See full
EMEA$37.9M-1.2%
Other Regions$9.7M-22.3%

By product

See full
Subscription services$37.1M+61.6%
Product licenses$7.3M-43.8%

By segment

See full
Software Business$111.1M-3.6%

Versus estimates

Ask the moment MicroStrategy reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did MicroStrategy report Q3 2025 earnings?
MicroStrategy (MSTR) reported Q3 2025 earnings on May 1, 2025 after market close.
What were MicroStrategy's Q3 2025 revenue and EPS?
MicroStrategy reported revenue of $111.1M and diluted EPS of $-16.49 for Q3 2025.
Did MicroStrategy beat estimates in Q3 2025?
Revenue missed the consensus estimate of $116.2M by $5.1M. EPS missed the consensus estimate of $-2.44 by $14.05.
How did MicroStrategy's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 3.6% from $115.2M a year earlier and diluted EPS declined 1886.7% from $-0.83.
Where can I find MicroStrategy's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-063536) directly on SEC EDGAR. The filing index links above go to sec.gov.