Strategy Q3 Earnings Await S&P 500 Inclusion and Offers Update

Strategy Founder Michael Saylor to Announce Q3 2025 Earnings Amid S&P 500 Reapplication and Credit Rating Concerns

  • Strategy founder Michael Saylor will present Q3 2025 earnings today in Virginia at 5 p.m.
  • The company’s re-application for S&P 500 inclusion remains pending after a recent denial despite meeting technical criteria.
  • Investors seek updates on the company’s response to a recent Junk credit rating and plans for foreign currency preferred shares like STRC.
  • The company’s multiple-to-Net Asset Value (mNAV) has declined sharply from 3.2x to under 1.35x since November 2024.
  • Stakeholders expect information on earnings contributions, stock buybacks, debt management, and other financial plans during the Q&A.

Strategy founder Michael Saylor is scheduled to announce the company’s third-quarter (Q3) 2025 earnings today at 5 p.m. in Virginia. Investors are closely watching for key updates, including the firm’s ongoing efforts to rejoin the S&P 500 index and details on new financial products and credit ratings.

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Despite meeting all technical requirements, Strategy was denied inclusion in the S&P 500 during the September 5 committee meeting. The company remains eligible and may be reconsidered during the next quarterly review. Additionally, investors want to know how the company plans to address the recent Junk credit rating issued by S&P analysts, hoping for actions that correct identified weaknesses.

Saylor has publicly forecasted more preferred share offerings in foreign currencies, similar to the STRC shares that pay an annual dividend near 10.25%. Analysts and media sources have questioned him about new types of preferred shares beyond the existing STRK, STRF, STRD, and STRC series, but he has not provided specific details.

The company’s multiple-to-Net Asset Value (mNAV) metric, considered a key performance indicator by shareholders, has declined sharply from above 3.2x in November 2024 to under 1.35x currently. Investors are also seeking updates on earnings contributions from projects such as Strategy Orange and HyperIntelligence, alongside any cost-saving measures. Although the legacy software business generates modest earnings, its cash flow is important for payroll, dividends, and interest obligations.

During the Q&A session, stakeholders will look for information on stock repurchase plans, deferred tax liabilities, voluntary debt retirements, leverage ratios, and other financial management initiatives. The earnings call is publicly accessible on MicroStrategy.zoom.us/webinar/register/WN_pZb6u-fjTIGeIsNSJlhAdQ#/registration” rel=”noreferrer noopener”>Zoom and is often lively with investor participation. Prior to the call, Strategy usually releases an earnings press release and an SEC filing, as it did for Q2 with a release at 4:01 p.m. ahead of the 5 p.m. call (source).

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