MicroStrategy (MSTR) revenue breakdown

Technology · Software - Application · Market cap $50.1B

By product, Product support is the largest at 43% of fiscal 2025 revenue; Subscription services grew fastest, 35% a year over 6 years.

By region, U.S. is the largest at 57% of fiscal 2025 revenue; EMEA grew fastest, 0% a year over 6 years.

Revenue by product

Fiscal years, as MicroStrategy reports them in its 10-K filings; fiscal 2025 total $477M.

Products2019202020212022202320242025Share
Product support$292M$284M$281M$267M$264M$244M$204M 43%
Subscription services$29M$33M$43M$61M$81M$107M$176M 37%
Other services$77M$76M$85M$85M$76M$64M$58M 12%
Product licenses$87M$87M$102M$86M$75M$49M$40M 8%

Revenue by region

Fiscal years, as MicroStrategy reports them in its 10-K filings; fiscal 2025 total $477M.

Regions2019202020212022202320242025Share
U.S.——$282M$295M$284M$260M$272M 57%
EMEA$160M$155M$171M$153M$156M$156M$163M 34%
Other Regions$53M$46M$57M$52M$56M$48M$42M 9%
Domestic$274M$279M————— —
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Questions

Where does MicroStrategy make its money?

In fiscal 2025, by product: Product support $204M, Subscription services $176M, Other services $58M, Product licenses $40M.

From MicroStrategy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.