Strategy Inc Cash Flow Statement
MSTR / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Strategy Inc used $67M in operating cash flow and negative free cash flow of $75M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$3.8B | -$1.2B | $429.1M | -$1.5B | -$535.5M | -$7.5M | $34.4M | $22.5M | $18.2M | $92.2M | $105.9M | $5.0M | $83.3M | $20.5M | $17.9M |
| Depreciation & Amortization | $25.5M | $17.8M | $14.5M | $10.9M | $11.4M | $13.3M | $8.6M | $3.7M | $15.5M | $19.9M | $21.2M | $25.3M | $26.4M | $22.5M | $17.3M |
| Operating Cash Flow | -$67.2M | -$53.0M | $12.7M | $3.2M | $93.8M | $53.6M | $60.9M | $10.6M | $78.3M | $110.6M | $149.7M | $14.6M | $29.9M | $49.9M | $60.8M |
| Capital Expenditures | $8.2M | $3.0M | $2.9M | $2.5M | $2.7M | $3.7M | $10.2M | $6.8M | $4.0M | $2.3M | $3.5M | $12.4M | $11.0M | $29.6M | $36.7M |
| Free Cash Flow | -$75.5M | -$56.0M | $9.8M | $725.0K | $91.1M | $50.0M | $50.7M | $3.8M | $74.3M | $108.3M | $146.2M | $2.2M | $18.9M | $20.3M | $24.1M |
| Share Buybacks | - | - | - | $0 | $0 | $123.2M | $72.7M | $111.0M | $0 | $0 | - | - | - | $0 | $0 |
| FCF Margin | -15.8% | -12.1% | 2.0% | 0.1% | 17.8% | 10.4% | 10.4% | 0.8% | 14.8% | 21.1% | 27.6% | 0.4% | 3.3% | 3.6% | 4.5% |