Strategy (MSTR) to Post Quarterly Earnings on Thursday

Strategy (NASDAQ:MSTR) will likely be posting its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Strategy to announce earnings of ($2.1889) per share and revenue of $122.9020 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Strategy (NASDAQ:MSTR) last issued its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($37.39). The company had revenue of $124.30 million for the quarter, compared to the consensus estimate of $120.75 million. Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The firm’s revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the company earned ($16.49) EPS. On average, analysts expect Strategy to post $57 EPS for the current fiscal year and $25 EPS for the next fiscal year.

Strategy Trading Down 2.5%

MSTR opened at $96.16 on Wednesday. The stock has a market capitalization of $33.70 billion, a P/E ratio of -2.39 and a beta of 3.54. Strategy has a 12 month low of $81.81 and a 12 month high of $414.36. The firm’s fifty day simple moving average is $114.46 and its 200 day simple moving average is $136.26. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22.

Insider Activity

In other news, CEO Phong Le sold 93,738 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.73, for a total value of $11,129,512.74. Following the sale, the chief executive officer directly owned 119,925 shares of the company’s stock, valued at approximately $14,238,695.25. This represents a 43.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jarrod M. Patten sold 15,050 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $154.94, for a total transaction of $2,331,847.00. Following the completion of the sale, the director owned 28,000 shares of the company’s stock, valued at $4,338,320. This trade represents a 34.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 11,166 shares of company stock valued at $1,014,265 and sold 185,422 shares valued at $23,820,816. Insiders own 6.49% of the company’s stock.

Institutional Trading of Strategy

Several institutional investors and hedge funds have recently bought and sold shares of MSTR. Amundi raised its stake in Strategy by 373.7% in the 4th quarter. Amundi now owns 4,790,702 shares of the software maker’s stock worth $727,947,000 after purchasing an additional 3,779,340 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Strategy during the 4th quarter worth approximately $114,915,000. Renaissance Technologies LLC increased its holdings in shares of Strategy by 324.1% during the fourth quarter. Renaissance Technologies LLC now owns 957,332 shares of the software maker’s stock worth $137,112,000 after purchasing an additional 731,602 shares during the period. State Street Corp increased its holdings in shares of Strategy by 9.2% during the third quarter. State Street Corp now owns 5,989,048 shares of the software maker’s stock worth $1,929,731,000 after purchasing an additional 504,479 shares during the period. Finally, Van ECK Associates Corp grew its position in Strategy by 128.2% during the fourth quarter. Van ECK Associates Corp now owns 466,709 shares of the software maker’s stock worth $70,917,000 after buying an additional 262,203 shares in the last quarter. Institutional investors own 59.84% of the company’s stock.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Liquidity and preferred-stock buyback support: Strategy raised approximately $544.5 million through sales of 5.43 million common shares, lifting its U.S. dollar reserve to about $3.75 billion. Management said the reserve covers roughly 2.1 years of preferred-stock dividends and debt interest, while the company repurchased $25 million of STRC preferred shares. Strategy sells MSTR shares and buys back STRC preferred stock
• Positive Sentiment: Long-term Bitcoin outlook remains bullish: Executive Chairman Michael Saylor said Bitcoin could grow 100-fold and become a foundation of global capital, supporting the long-term investment case for Strategy’s large Bitcoin treasury. Michael Saylor discusses Bitcoin’s long-term potential
• Neutral Sentiment: Volatility is expected around earnings: Strategy is scheduled to report second-quarter results on July 30, with the options market implying an approximately 8.16% potential move. Investors will focus on Bitcoin-related gains or losses, financing costs, cash management and any change in the accumulation strategy. Strategy stock braces for an earnings-related swing
• Negative Sentiment: Bitcoin buying pause raises strategic concerns: Strategy has not purchased Bitcoin for five consecutive weeks, despite raising capital, leaving its holdings unchanged at 843,775 BTC. Investors may view the larger cash balance as prudent liquidity management, but the pause reduces the immediate accumulation catalyst central to the MSTR investment thesis. Strategy raises cash while pausing Bitcoin purchases
• Negative Sentiment: Dilution and insider selling remain overhangs: The common-stock issuance increases liquidity but dilutes existing shareholders, while Director Jarrod M. Patten sold 1,950 shares in transactions on July 24 and July 27. Broader recent insider activity has also been weighted heavily toward sales. Strategy director insider-sale filing

Wall Street Analyst Weigh In

MSTR has been the subject of a number of research reports. Benchmark reiterated a “buy” rating on shares of Strategy in a report on Monday. Zacks Research raised Strategy from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Barclays began coverage on Strategy in a research report on Tuesday, July 7th. They set an “overweight” rating and a $130.00 price objective for the company. Credit Suisse Group set a $250.00 target price on Strategy in a research report on Tuesday, June 30th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Strategy in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $266.31.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.