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MicroStrategy MSTR Total Liabilities & Equity

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Other financials

Income statement

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Revenue$124.3M+11.9%
Gross profit$83.4M+8.1%
Operating income-$14.5B-144%
Net income-$12.5B-197%
EPS (diluted)-$38.25-132%

Balance sheet

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Cash & equivalents$2.2B+3,561%
Total debt$8.3B+0.8%
Total equity$36.7B+13.7%
Total assets$54.3B+23.6%

Cash flow

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Operating cash flow$14.0M+686%
CapEx$952.0K-65.2%
Free cash flow$13.0M+354%

Valuation

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Market cap$38.43B-66.1%
Enterprise value$44.48B-40.9%
P/S78.5×-66.8×

Profitability

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Gross margin72%-3.6pp
Operating margin518.9%
Net margin-1,624.3%+1,096pp
FCF margin-17.1%

Returns & leverage

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Return on equity-23.1%-4.6pp
Debt / equity0.2×0.0×
Current ratio6.1×+5.4×

Where this comes from

Reported directly by MicroStrategy in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The source filing: MicroStrategy’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:06 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001050446-26-000031
Line itemMarch 31,2026December 31,2025
Preferred stock undesignated, $0.001 par value; 580,047 and 562,639 shares authorized, no shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Class A common stock, $0.001 par value; 10,330,000 and 10,330,000 shares authorized, 326,286 and 292,422 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively326292
Class B common stock, $0.001 par value; 165,000 shares authorized, 19,640 shares issued and outstanding at both March 31, 2026 and December 31, 20252020
Additional paid-in capital43,130,38937,806,554
Accumulated other comprehensive loss(7,913)(5,171)
(Accumulated deficit) retained earnings(6,471,465)6,321,763
Total stockholders’ equity36,651,35744,123,458
Total liabilities, mezzanine equity and stockholders' equity$54,268,750$61,641,082

Item 1. Financial Statements (unaudited)

FAQ

What is MicroStrategy's total liabilities & equity?
MicroStrategy (MSTR) reported total liabilities & equity of $54.27B in Q1 2026.
How has MicroStrategy's total liabilities & equity changed year-over-year?
MicroStrategy's total liabilities & equity increased by 23.6% year-over-year, from $43.92B to $54.27B.
What is the long-term trend for MicroStrategy's total liabilities & equity?
Over 4 years (2021 to 2025), MicroStrategy's total liabilities & equity has grown at a 122.9% compound annual growth rate (CAGR), from $2.62B to $64.77B.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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