NASDAQ$MSTR

Strategy Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced fourth quarter 2022 financial results.

MicroStrategy Incorporated reported a decrease in total revenues by 1.5% to $132.6 million in Q4 2022, but achieved total revenue growth on a constant currency basis. They increased their bitcoin holdings to 132,500. The net loss for the quarter was $249.7 million, or $21.93 per share.

  • Total revenues for the fourth quarter of 2022 were $132.6 million, a 1.5% decrease compared to the fourth quarter of 2021.
  • Product licenses and subscription services revenues were $45.0 million, a 1.5% increase compared to the fourth quarter of 2021.
  • Gross profit for the fourth quarter of 2022 was $105.8 million, compared to $110.5 million for the fourth quarter of 2021.
  • Net loss for the fourth quarter of 2022 was $249.7 million, or $21.93 per share, as compared to $90.0 million, or $8.43 per share, for the fourth quarter of 2021.

Headline financials

Total Revenue

$133M

Previous: $135M-1.5%
EPS (adj)

-$2.05

Previous: -$0.84-144.0%
Capital Expenditures

$635K

Previous: $824K-22.9%
Free Cash Flow

-$18.8M

Previous: $2.42M-877.3%
Net Income

-$250M

Previous: -$90M-177.5%
Operating Income

-$194M

Previous: -$137M-40.9%
Gross Profit

$106M

Previous: $111M-4.3%
Cash & Equivalents

$43.8M

Previous: $63.4M-30.9%
Total Assets

$2.41B

Previous: $3.56B-32.2%
Stock-Based Comp

$17M

Previous: $13.2M+29.5%

Revenue & EPS history

MicroStrategy · Revenue · Quarterly

$133M

Q4 2022-1.5%vs Q4 2021
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

MicroStrategy · $133M total across 3 segments · Q4 2022

  • Product Support
    $66.8M-3.3%
  • Licenses & Subscriptions
    $45M+1.5%
  • Other Services
    $20.7M-1.4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.0%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+3.6%

Avg return

30 days after

44%

29 / 66 earnings

Positive

+26.1%

Q4 2025

Best reaction

-26.9%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%+4.3%-35.4%
Q4 2025+26.1%+17.8%+24.8%
Q3 2025+0.1%+0.2%-30.4%
Q2 2025-3.5%+1.5%-15.8%
Q1 2025+3.1%+2.9%-3.3%
Q4 2024-3.3%-5.1%-14.7%
Q3 2024-5.3%-13.7%+50.0%
Q2 2024-10.3%-15.2%-18.0%
Q1 2024-17.0%-4.6%+26.2%
Q4 2023+3.5%+31.7%+165.0%
Q3 2023+7.1%+8.6%+24.6%
Q2 2023-7.0%-13.9%-18.3%
Q1 2023-0.1%-0.5%-8.1%
Q4 2022+6.3%+6.0%-7.8%
Q3 2022-7.2%+3.6%-25.6%
Q2 2022+13.8%+15.7%-19.9%
Q1 2022+0.1%-19.6%-33.2%
Q4 2021-5.2%+6.4%+16.5%
Q3 2021+0.0%+11.1%-7.3%
Q2 2021-3.2%-3.3%+9.4%
Q1 2021-3.5%-9.4%-31.0%
Q4 2020+14.3%+27.4%+38.9%
Q3 2020-7.3%-4.5%+54.4%
Q2 2020+4.2%+5.3%+24.5%
Q1 2020-1.3%-5.1%-3.0%
Q4 2019+7.1%+6.7%-4.4%
Q3 2019+4.9%+5.1%+4.4%
Q2 2019+11.9%+9.9%+15.7%
Q1 2019-5.5%-5.5%-10.4%
Q4 2018-8.0%-7.6%+2.2%
Q3 2018+1.0%+2.3%+2.6%
Q2 2018-4.5%-3.8%+10.6%
Q1 2018-3.7%-0.6%-0.7%
Q4 2017-0.4%+0.1%-0.2%
Q3 2017+2.2%-4.1%-0.3%
Q2 2017-26.9%-28.9%-34.3%
Q1 2017-1.5%-2.6%-6.3%
Q4 2016-1.5%-2.0%-4.6%
Q3 2016+11.5%+13.5%+15.2%
Q2 2016-4.4%-8.6%-8.5%
Q1 2016-3.8%
Q4 2015+13.7%
Q3 2015-10.6%
Q2 2015+11.4%
Q1 2015+7.8%
Q4 2014-2.2%
Q3 2014+0.4%
Q2 2014+8.4%
Q1 2014-3.6%
Q4 2013+4.0%
Q3 2013+24.7%
Q2 2013-1.5%
Q1 2013-7.7%
Q4 2012-1.7%
Q3 2012-13.9%
Q2 2012-1.0%
Q1 2011-4.4%
Q1 2012-4.4%
Q1 2010+4.1%
Q2 2011+4.1%
Q4 2011+4.1%
Q4 2009+4.1%
Q3 2011-0.8%
Q3 2010-0.8%
Q2 2010-9.8%
Q4 2010-9.8%

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