MICROSTRATEGY INCORPORATED MSTR Income Statement

Microstrategy incorporated (MSTR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Total revenues
486,327	497,638	503,843	513,589	529,869	579,830	575,888	565,724	537,168	454,577	377,788
Cost of revenues:
Total cost of revenues
99,974	99,499	96,649	93,147	101,108	135,210	138,569	141,076	130,698	106,091	66,603
Gross profit
386,353	398,139	407,194	420,442	428,761	444,620	437,319	424,648	406,470	348,486	311,185
Operating expenses:
Sales and marketing
191,235	205,525	175,045	158,281	148,522	225,086	215,089	209,975	231,504	165,732	128,472
Research and development
109,423	102,499	78,766	73,142	65,206	103,355	98,056	88,190	67,863	50,566	41,796
General and administrative
86,697	86,134	80,161	79,462	80,732	96,343	104,734	93,384	86,237	81,599	54,613
Restructuring costs
-	-	-	45	279	14,732	0	0	-	-	-
Total operating expenses
387,355	394,158	333,972	310,930	294,739	439,516	417,879	391,549	385,604	297,897	224,881
Loss from operations
-1,002	3,981	73,222	109,512	134,022	5,104	19,440	33,099	20,866	50,589	86,304
Interest income, net
10,909	11,855	5,205	2,203	284	162	497	143	199	389	955
Gain on sale of investment
-	-	-	-	-	-	-	-	3,371	0	0
Other income (expense), net
28,356	4,646	-6,953	3,218	3,558	5,785	-3,186	-1,035	764	3,982	-1,459
Income (loss) before income taxes
38,263	20,482	71,474	114,933	137,864	11,051	16,751	32,207	25,200	-	-
Total financing and other (expense) income
-	-	-	-	-	-	-	-	-	4,371	-504
(Loss) income from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	54,960	85,800
Provision for (benefit from) income taxes
3,908	-2,019	53,279	22,694	31,933	6,016	-9,799	9,734	3,393	11,168	25,293
Income from continuing operations, net of tax
-	-	-	-	-	-	26,550	22,473	21,807	-	60,507
Gain from sale of discontinued operations, net of tax provision
-	-	-	-	-	-	57,377	0	0	-	14,437
Loss from discontinued operations, net of tax benefit
-	-	-	-	-	-	-595	-1,927	-3,867	-	-107
Discontinued operations, net of tax
-	-	-	-	-	-	56,782	-1,927	-3,867	-	14,330
Net income (loss)
34,355	22,501	18,195	92,239	105,931	5,035	83,332	20,546	17,940	43,792	74,837
Basic earnings per share
From continuing operations
-	-	-	-	-	-	2.35	2.05	2.03	-	5.08
From discontinued operations
-	-	-	-	-	-	5.02	-0.18	-0.36	-	1.20
Basic earnings (loss) per share
3.35	1.98	1.59	8.07	9.33	0.45	7.37	1.87	1.67	3.85	6.28
Weighted average shares outstanding used in computing basic earnings (loss) per share
10,256	11,375	11,444	11,425	11,355	11,301	11,300	10,995	10,719	11,378	11,906
Diluted earnings per share
From continuing operations
-	-	-	-	-	-	2.35	2.01	1.97	-	4.92
From discontinued operations
-	-	-	-	-	-	5.02	-0.17	-0.35	-	1.17
Diluted earnings (loss) per share
3.33	1.97	1.58	8.01	9.18	0.44	7.37	1.84	1.62	3.72	6.09
Weighted average shares outstanding used in computing diluted earnings (loss) per share
10,328	11,412	11,547	11,516	11,539	11,356	11,301	11,174	11,066	11,779	12,284
Product licenses
Total revenues
87,471	88,057	93,259	114,874	119,143	125,952	147,879	147,344	154,650	126,717	101,856
Total cost of revenues
2,131	4,864	7,176	8,573	8,118	6,957	6,606	5,819	9,583	7,637	6,607
Subscription services
Total revenues
29,394	29,570	32,368	30,574	27,839	22,322	12,246	3,118	-	-	-
Total cost of revenues
15,161	13,620	13,435	12,765	13,051	17,560	15,636	6,621	-	-	-
Total product licenses and subscription services
Total revenues
116,865	117,627	125,627	145,448	146,982	148,274	160,125	150,462	-	-	-
Total cost of revenues
17,292	18,484	20,611	21,338	21,169	24,517	22,242	12,440	-	-	-
Product support
Total revenues
292,035	296,216	289,184	285,136	281,740	295,703	277,509	262,048	243,547	-	-
Total cost of revenues
28,317	20,242	17,481	15,001	12,748	14,241	16,617	15,532	13,417	-	-
Other services
Total revenues
77,427	83,795	89,032	83,005	101,147	135,853	138,254	153,214	138,971	327,860	275,932
Total cost of revenues
54,365	60,773	58,557	56,808	67,191	96,452	99,710	113,104	107,698	98,454	59,996