MICROSTRATEGY Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
MSTR$125.59-2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
CONSOLIDATED STATEM ENTS OF OPERATIONS
(in thousands, except per share data)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Product licenses | $48,567 | $75,351 | $86,498 |
| Subscription services | 106,776 | 81,179 | 60,746 |
| Total product licenses and subscription services | 155,343 | 156,530 | 147,244 |
| Product support | 243,805 | 263,888 | 266,521 |
| Other services | 64,308 | 75,843 | 85,499 |
| Total revenues | 463,456 | 496,261 | 499,264 |
| Cost of revenues: | |||
| Product licenses | 3,060 | 1,929 | 1,672 |
| Subscription services | 42,440 | 31,776 | 24,770 |
| Total product licenses and subscription services | 45,500 | 33,705 | 26,442 |
| Product support | 33,289 | 22,434 | 21,264 |
| Other services | 50,679 | 53,805 | 55,283 |
| Total cost of revenues | 129,468 | 109,944 | 102,989 |
| Gross profit | 333,988 | 386,317 | 396,275 |
| Operating expenses: | |||
| Sales and marketing | 138,081 | 149,671 | 146,882 |
| Research and development | 118,486 | 120,530 | 127,428 |
| General and administrative | 140,537 | 115,312 | 111,421 |
| Digital asset impairment losses (gains on sale), net | 1,789,862 | 115,851 | 1,286,286 |
| Total operating expenses | 2,186,966 | 501,364 | 1,672,017 |
| Loss from operations | (1,852,978) | (115,047) | (1,275,742) |
| Interest expense, net | (61,941) | (48,960) | (53,136) |
| (Loss) gain on debt extinguishment | (22,933) | 44,686 | 0 |
| Other income (expense), net | 3,506 | (5,204) | 6,413 |
| Loss before income taxes | (1,934,346) | (124,525) | (1,322,465) |
| (Benefit from) provision for income taxes | (767,685) | (553,646) | 147,332 |
| Net (loss) income | (1,166,661) | 429,121 | (1,469,797) |
| Basic (loss) earnings per share (1) | $(6.06) | $3.14 | $(12.98) |
| Weighted average shares outstanding used in computing basic (loss) earnings per share | 192,549 | 136,706 | 113,209 |
| Diluted (loss) earnings per share (1) | $(6.06) | $2.64 | $(12.98) |
| Weighted average shares outstanding used in computing diluted (loss) earnings per share | 192,549 | 165,662 | 113,209 |
(1)Basic and fully diluted (loss) earnings per share for class A and class B common stock are the same.
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