Strategy company (MSTR) revenues in the third quarter of 2026 amounted to 125.43 million USD (−2.5% y/y), while net income increased by 601.4% y/y to the level of 19.53 billion USD.

Quarterly results#

Operating income reached 20.91 billion USD (437.4% y/y), and earnings per share (reported) was 44.75 USD (431.5% y/y). Earnings per share (reported, basic) was formed at the level of 47.78 USD (413.8% y/y).

What management says#

Management emphasized that the company currently possesses a large reserve of credit capacity on the balance sheet, which allows for the creation of a large amount of credit. According to management, the most important goal is the return of the Stretch instrument to its nominal value and its development for the purpose of purchasing bitcoins and increasing the value of common shares. Management indicated that the company can currently issue digital credit instruments, whereas previously it relied mainly on convertible bonds. According to management, the entry of large financial institutions validates bitcoin, which reduces the risk for the entire industry. Management also noted that after the disruption of quotes, all of the company’s credit instruments recovered losses to a similar extent.