MicroStrategy MSTR Business Segments
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Product | ||||||
| Other services | $15.73M+11.1% | —— | —— | —— | $14.16M-25.3% | |
| Product licenses | $5.5M-24.3% | —— | $17.37M+56.7% | $7.18M-22.7% | $7.27M-43.8% | |
| Product support | $44.19M-15.9% | —— | —— | —— | $52.53M-20.4% | |
| Subscription services | $58.88M+58.7% | —— | $45.97M+65.4% | $40.82M+69.5% | $37.1M+61.6% | |
| Total cost of revenues by Product | ||||||
| Other services | $11.09M-1.2% | —— | —— | —— | $11.22M-16.6% | |
| Product licenses | $1.2M+24.1% | —— | $632K-17.8% | $1.17M+47.2% | $964K+70.0% | |
| Product support | $6.19M-15.9% | —— | —— | —— | $7.35M+31.1% | |
| Subscription services | $22.47M+55.7% | —— | $19.59M+71.1% | $15.91M+66.4% | $14.43M+67.7% | |
| Total revenues by Geography | ||||||
| EMEA | $44.21M+16.7% | —— | $42.26M+8.5% | $39.44M+6.7% | $37.88M-1.2% | |
| Other Regions | $10.81M+11.2% | —— | $11.86M-9.9% | $9.73M-9.0% | $9.72M-22.3% | |
| U.S. | $69.28M+9.2% | —— | $74.57M+16.6% | $65.32M+2.4% | $63.46M-1.4% | |
| Long-Lived Assets by Geography | ||||||
| EMEA | $2.63M-24.4% | $2.91M-18.2% | $3.14M-23.5% | $3.47M-15.2% | $3.48M-0.3% | |
| Other Regions | $6.7M-13.8% | $6.9M-8.7% | $7.35M+13.5% | $7.92M+30.0% | $7.78M+16.9% | |
| U.S. | $77.22M+10.1% | $66.02M-5.4% | $68.69M-4.9% | $70.39M-1.9% | $70.15M-5.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MicroStrategy break its business down?
- MicroStrategy (MSTR) reports total revenues by product across 4 parts — Other services, Product licenses, Product support and Subscription services. Each is extracted from the segment footnotes and tracked over time.
- Where does MicroStrategy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MicroStrategy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
