MICROSTRATEGY INCORPORATED MSTR Income Statement

Microstrategy incorporated (MSTR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Total revenues
482,385	486,327	484,713	487,172	490,037	497,638	502,102	505,960	504,578	503,843	508,998	512,884	516,806	513,589	515,575	515,215	525,013	529,869	535,218	556,884	565,797	579,830	596,840	587,557	583,609	575,888	565,993	560,154	557,573	565,724	545,022	550,646	553,473	537,168	516,414	482,247	0	0	0
Cost of revenues:
Total cost of revenues
98,346	99,974	101,223	100,797	100,487	99,499	98,367	99,367	98,702	96,649	95,184	93,730	93,456	93,147	93,273	95,022	96,833	101,108	109,329	119,598	129,299	135,210	136,544	134,844	135,677	138,569	142,039	143,633	141,247	141,076	130,967	132,784	133,267	130,698	131,608	119,293	0	0	0
Gross profit
384,039	386,353	383,490	386,375	389,550	398,139	403,735	406,593	405,876	407,194	413,814	419,154	423,350	420,442	422,302	420,193	428,180	428,761	425,889	437,286	436,498	444,620	460,296	452,713	447,932	437,319	423,954	416,521	416,326	424,648	414,055	417,862	420,206	406,470	384,806	362,954	0	0	0
Operating expenses:
Sales and marketing
181,993	191,235	198,751	200,245	202,950	205,525	199,574	196,150	186,798	175,045	168,046	165,210	161,286	158,281	152,828	150,062	148,579	148,522	156,200	177,992	202,729	225,086	238,919	231,522	223,252	215,089	210,788	209,541	205,548	209,975	210,985	222,885	235,134	231,504	215,906	193,816	0	0	0
Research and development
107,309	109,423	111,464	109,836	107,154	102,499	95,890	89,421	83,900	78,766	75,685	74,394	73,993	73,142	71,959	71,679	67,383	65,206	61,937	72,807	90,691	103,355	115,504	108,822	100,301	98,056	97,100	97,043	91,833	88,190	80,668	79,182	77,039	67,863	63,981	54,359	0	0	0
General and administrative
85,425	86,697	86,062	86,447	86,566	86,134	84,996	83,793	82,076	80,161	75,369	75,990	77,500	79,462	80,675	80,815	80,826	80,732	83,038	88,006	92,165	96,343	103,839	103,293	104,625	104,734	101,463	99,658	96,131	93,384	88,211	87,369	86,621	86,237	89,034	86,090	0	0	0
Restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	45	63	137	219	279	3,415	14,907	14,817	14,732	11,578	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
374,727	387,355	396,277	396,528	396,670	394,158	380,460	369,364	352,774	333,972	319,100	315,606	312,799	310,930	305,525	302,693	297,007	294,739	304,590	353,712	400,402	439,516	469,840	443,637	428,178	417,879	409,351	406,242	393,512	391,549	379,864	389,436	398,794	385,604	368,921	334,265	0	0	0
Loss from operations
9,312	-1,002	-12,787	-10,153	-7,120	3,981	23,275	37,229	53,102	73,222	94,714	103,548	110,551	109,512	116,777	117,500	131,173	134,022	121,299	83,574	36,096	5,104	-9,544	9,076	19,754	19,440	14,603	10,279	22,814	33,099	34,191	28,426	21,412	20,866	15,885	28,689	0	0	0
Interest income, net
10,198	10,909	11,677	12,177	12,387	11,855	10,454	8,462	6,402	5,205	4,203	3,261	2,637	2,203	1,604	1,213	685	284	158	95	116	162	167	194	484	497	513	474	189	143	153	130	132	199	331	328	0	0	0
Gain on sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Other income (expense), net
29,386	28,356	31,698	30,614	5,644	4,646	3,089	388	-6,691	-6,953	-2,773	-1,343	3,030	3,218	571	1,810	-2,860	3,558	5,050	9,212	11,653	5,785	2,074	-6,067	-6,012	-3,186	-3,723	-622	797	-1,035	1,506	2,587	1,271	764	-1,795	-620	0	0	0
Income (loss) before income taxes
48,896	38,263	30,588	32,638	10,911	20,482	36,818	46,079	52,813	71,474	96,144	105,466	116,218	114,933	118,952	120,523	128,998	137,864	126,507	92,881	47,865	11,051	-7,303	3,203	14,226	16,751	0	0	0	-	-	-	-	-	-	-	-	-	-
Total financing and other (expense) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,907	-292	0	0	0
(Loss) income from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	17,792	28,397	0	0	0
Provision for (benefit from) income taxes
6,008	3,908	5,109	4,160	-2,001	-2,019	43,117	46,893	48,502	53,279	19,995	20,873	22,694	22,694	20,057	24,363	29,255	31,933	36,988	28,100	15,888	6,016	-5,787	-13,272	-11,033	-9,799	-7,359	3,391	7,579	9,734	8,860	7,737	4,452	3,393	1,501	5,409	0	0	0
Income from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,550	18,752	6,740	16,221	22,473	0	0	0	-	-	-	-	-	-
Gain from sale of discontinued operations, net of tax provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,377	57,377	57,377	57,377	0	0	0	0	-	-	-	-	-	-
Loss from discontinued operations, net of tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-595	-705	-1,076	-1,733	-1,927	0	0	0	-	-	-	-	-	-
Discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,782	56,672	56,301	55,644	-1,927	0	0	0	-	-	-	-	-	-
Net income (loss)
42,918	34,355	25,489	28,488	12,922	22,501	-6,299	-814	4,311	18,195	76,149	84,593	93,524	92,239	98,895	96,160	99,743	105,931	89,519	64,781	31,977	5,035	-1,516	16,475	25,259	83,332	75,424	63,041	71,865	20,546	21,306	21,464	17,078	17,940	16,291	22,988	0	0	0
Basic earnings per share
From continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.43	1.52	-0.14	-0.46	0.76	0.46	0.73	0.10	-	-	-	-	-	-
From discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.00	5.03	-0.02	-0.03	-0.06	-0.07	-	-	-	-	-	-
Basic earnings (loss) per share
0.07	1.18	0.95	1.99	-0.77	0.30	1.11	0.42	0.15	-2.23	1.59	0.87	1.36	2.84	2.33	1.65	1.25	3.44	2.10	1.98	1.81	2.00	-0.07	-0.91	-0.57	1.42	1.52	-0.14	4.57	0.74	0.43	0.67	0.03	0.83	0.46	0.27	0.11	0.66	1.00
Weighted average shares outstanding used in computing basic earnings (loss) per share
9,976	10,205	10,251	10,240	10,328	11,127	11,467	11,459	11,447	11,446	11,447	11,444	11,439	11,433	11,431	11,428	11,408	11,385	11,365	11,349	11,321	11,301	11,301	11,301	11,301	11,303	11,301	11,301	11,295	11,249	11,050	10,875	10,806	10,767	10,729	10,709	10,671	11,206	11,629
Diluted earnings per share
From continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.43	1.52	-0.14	-0.46	0.75	0.46	0.71	0.09	-	-	-	-	-	-
From discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.00	5.03	-0.01	-0.03	-0.06	-0.07	-	-	-	-	-	-
Diluted earnings (loss) per share
0.07	1.18	0.94	1.98	-0.77	0.30	1.10	0.42	0.15	-2.20	1.58	0.86	1.34	2.82	2.31	1.64	1.24	3.38	2.06	1.95	1.79	1.99	-0.07	-0.91	-0.57	1.42	1.52	-0.14	4.57	0.74	0.43	0.65	0.02	0.82	0.44	0.26	0.10	0.63	0.97
Weighted average shares outstanding used in computing diluted earnings (loss) per share
10,031	10,365	10,309	10,310	10,328	11,129	11,538	11,493	11,488	11,504	11,499	11,592	11,593	11,541	11,521	11,523	11,479	11,602	11,589	11,510	11,455	11,521	11,301	11,301	11,301	11,307	11,301	11,301	11,295	11,286	11,197	11,121	11,092	11,079	11,072	11,068	11,045	11,603	12,029
Product licenses
Total revenues
81,764	87,471	88,584	89,876	89,047	88,057	87,386	89,478	87,914	93,259	102,114	109,390	115,121	114,874	116,999	114,878	120,785	119,143	112,378	118,836	118,853	125,952	137,771	140,922	144,912	147,879	147,581	142,197	140,714	147,344	155,657	163,183	164,723	154,650	132,252	121,920	0	0	0
Total cost of revenues
2,282	2,131	2,206	2,057	3,172	4,864	6,249	7,635	7,715	7,176	6,927	7,534	8,109	8,573	9,051	9,361	8,945	8,118	7,396	6,258	6,438	6,957	-4,280	-398	3,074	6,606	17,974	13,609	9,033	5,819	7,256	8,481	9,821	9,583	8,480	8,056	0	0	0
Subscription services
Total revenues
30,218	29,394	29,226	28,572	29,052	29,570	31,011	31,496	32,258	32,368	31,642	31,556	30,992	30,574	30,329	29,236	28,528	27,839	26,290	25,737	24,546	22,322	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
15,627	15,161	14,643	14,013	13,969	13,620	13,357	13,690	13,645	13,435	13,129	12,756	12,712	12,765	12,918	12,774	12,764	13,051	13,531	14,958	16,532	17,560	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total product licenses and subscription services
Total revenues
111,982	116,865	117,810	118,448	118,099	117,627	118,397	120,974	120,172	125,627	133,756	140,946	146,113	145,448	147,328	144,114	149,313	146,982	138,668	144,573	143,399	148,274	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
17,909	17,292	16,849	16,070	17,141	18,484	19,606	21,325	21,360	20,611	20,056	20,290	20,821	21,338	21,969	22,135	21,709	21,169	20,927	21,216	22,970	24,517	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product support
Total revenues
291,743	292,035	290,975	292,553	293,251	296,216	297,579	295,997	293,087	289,184	286,887	286,466	287,151	285,136	282,704	281,636	280,932	281,740	286,078	289,705	293,527	295,703	293,573	289,770	283,640	277,509	0	0	0	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
27,968	28,317	27,267	25,424	22,513	20,242	19,072	18,211	17,943	17,481	17,176	16,917	16,062	15,001	13,933	13,148	12,685	12,748	13,262	13,783	14,034	14,241	14,770	15,180	15,959	16,617	0	0	0	-	-	-	-	-	-	-	-	-	-
Other services
Total revenues
78,660	77,427	75,928	76,171	78,687	83,795	86,126	88,989	91,319	89,032	88,355	85,472	83,542	83,005	85,543	89,465	94,768	101,147	110,472	122,606	128,871	135,853	136,933	134,295	138,370	138,254	-51,759	19,002	86,343	153,214	145,818	143,916	145,203	138,971	384,162	360,327	0	0	0
Total cost of revenues
52,469	54,365	57,107	59,303	60,833	60,773	59,689	59,831	59,399	58,557	57,952	56,523	56,573	56,808	57,371	59,739	62,439	67,191	75,140	84,599	92,295	96,452	96,589	95,099	96,601	99,710	89,352	99,416	105,860	113,104	110,294	110,886	110,029	107,698	123,128	111,237	0	0	0