What changed in Strategy Inc's latest annual report
In the year ended 31 Dec 2025, Strategy Inc's revenue rose 3% to USD 477.23m, from USD 463.46m; cash and cash equivalents rose 5937.9% to USD 2.30bn, from USD 38.12m; shareholders' equity rose 142% to USD 44.12bn, from USD 18.23bn.
Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.
USD 463.46m to USD 477.23m
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 463.46m | 477.23m | Up 3% |
| Net income | -1.17bn | -3.85bn | Not comparable |
| Total assets | 25.84bn | 61.64bn | Up 138.5% |
| Total liabilities | 7.61bn | 10.60bn | Up 39.2% |
| Long-term debt | 7.19bn | 8.16bn | Up 13.5% |
| Cash and cash equivalents | 38.12m | 2.30bn | Up 5937.9% |
| Shareholders' equity | 18.23bn | 44.12bn | Up 142% |
Questions people ask
Did Strategy Inc's revenue grow last year?
Revenue grew 3%, from USD 463.46m to USD 477.23m in the year ended 31 Dec 2025.
Is Strategy Inc profitable?
Not in its latest year: it reported a net loss of USD 3.85bn in the year ended 31 Dec 2025. The year before: a net loss of USD 1.17bn.
How much cash and debt does Strategy Inc have?
At its latest year end (31 Dec 2025), Strategy Inc reported cash and cash equivalents of USD 2.30bn and long-term debt of USD 8.16bn.
Where do these numbers come from?
From Strategy Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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