10-Q quarterly report · filed May 5, 2025

MicroStrategy (MSTR) Q1 2025 10-Q Quarterly Report

Short answer

MicroStrategy (MSTR) filed its Q1 2025 10-Q quarterly report on May 5, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $111M (down 3.6% year over year) with net income of −$4.2B.

Q1 2025 key financials · XBRL

Revenue
$111M
−3.6% YoY
Net income
−$4.2B
−7839.6% YoY
Operating margin
-5331.4%
Gross margin
69.4%
EPS (diluted)
−$16.49
−433.7% YoY

Source: XBRL data from the MicroStrategy (MSTR) Q1 2025 10-Q on SEC EDGAR. USD.

MicroStrategy Q1 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • No material contractual obligation changes since Dec 31, 2024 except note issuances, conversions, and preferred stock dividends
  • Cash and equivalents plus operation cash flow insufficient for next 12 months' obligations as of Mar 31, 2025
  • Plan to use equity or debt financing to cover shortfall; financing availability uncertain due to market conditions
  • Potential sale of bitcoin as last-resort liquidity source, not currently anticipated for short-term needs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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