Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 607

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 607
---
ConstantCurrency %Change (3)

    2023

    2023

    2023

    2022

    2023

    2023

    Product licenses revenues
     
    $
    75,351

    $
    300

    $
    75,051

    $
    86,498

    -12.9
    %

    -13.2
    %

    Subscription services revenues

    81,179

    296

    80,883

    60,746

    33.6
    %

    33.1
    %

    Product support revenues

    263,888

    1,514

    262,374

    266,521

    -1.0
    %

    -1.6
    %

    Other services revenues

    75,843

    186

    75,657

    85,499

    -11.3
    %

    -11.5
    %

    Cost of product support revenues

    22,434

    46

    22,388

    21,264

    5.5
    %

    5.3
    %

    Cost of other services revenues

    53,805

    666

    53,139

    55,283

    -2.7
    %

    -3.9
    %

    Sales and marketing expenses

    149,671

    694

    148,977

    146,882

    1.9
    %

    1.4
    %

    Research and development expenses

    120,530

    (1,163
    )

    121,693

    127,428

    -5.4
    %

    -4.5
    %

    General and administrative expenses

    115,312

    235

    115,077

    111,421

    3.5
    %

    3.3
    %

(1)The “Foreign Currency Exchange Rate Impact” reflects the estimated impact of fluctuations in foreign currency exchange rates on international components of our Consolidated Statements of Operations.  It shows the increase (decrease) in material international revenues or expenses, as applicable, from the same period in the prior year, based on comparisons to